Just 2 Graded Higher 1911-S Indian Eagle NGC MS65

The 1911-S Indian ten-dollar gold piece was once considered one of the rarest dates of the series in Mint State. The date boasts a low mintage of just 51,000 pieces, and the great majority of the coins were released into circulation at the time of issue. Before the discovery of a hoard of 50 pieces in Europe in the 1970s, Mint State specimens of this date were virtually unheard-of. The date began appearing in auction catalogs in the 1940s, but even great collectors like F.C.C. Boyd and King Farouk were content with specimens that graded only VF during that era. Louis Eliasberg, the “King of Coins,” settled for an XF40 example in his extraordinary collection.
The situation changed radically in 1979 when Marc Emory, acting for New England Rare Coin Galleries, brokered a deal for a group of Gem Uncirculated 1911-S eagles through his contacts in Spain. The story of this remarkable find was told for the first time in the Ivy Press publication The Coinage of Augustus Saint-Gaudens.  The hoard was originally the property of the American governor of the Philippines in 1911, who gave a group of 50 ten-dollar gold coins from the San Francisco Mint to a Spanish citizen who was residing in the Philippines at the time. The coins were preserved by that gentleman, who later returned to Spain, and the hoard became part of his estate when he died. The coins were retained by his family for many years until his grandson decided to sell them through a prominent coin collector from Barcelona. Marc Emory met with the collector and finalized a deal through a Swiss bank for 30 of the coins. The remainder of the hoard eventually became available, and NERCA became the conduit for their entry into the U.S. coin market. Nearly all Gem level 1911-S eagles in collector’s hands today are from this fantastic hoard.

In hand, this Gem is lighter in hue and more lustrous than seen in our images. The NGC population is only 10 with 2 graded higher.

Offered at $25,850 (Bank Wire, ACH, Delivered)

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(800) 257.3253
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RPMEX is buying Proof Gold & Silver Eagles OGP

Proof Gold – We need all denominations

Spot + $600 per ounce – All denominations OGP

Proof  Silver Eagles– Pay $53.00 each for OGP

All coins must have Original Government Packaging Complete.




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Price(s) reflected are for indications and based on the metal basis at the date and time of this posting. Actual price will be established when your transaction is locked via recorded telephone call.

To execute, buyers are required to contact Republic Enterprises via recorded telephone line between 9:00 AM – 5:00 PM CST (800) 257-3253.  Outside normal business trading is available by appointment.

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Nearly Mint State $5 Indian Rarity – 1909-O Indian Half Eagle NGC AU58

The New Orleans Mint was the only Southern branch to resume coinage operations following the Civil War. Interestingly, its survival as a minting facility can be attributed in part to the same legislation that brought about the coinage of millions of unneeded standard silver dollars. The Bland-Allison Act of February 1878, called for the Treasury Department to purchase monthly 2 to 4 million dollars worth of silver bullion, and to have it coined into new silver dollars which would largely be stored in government vaults. The sudden demand in coinage operations mandated by the law virtually necessitated the reopening of the branch mint in New Orleans, which resumed coinage operations in 1879.

However, the New Orleans Mint’s days were nonetheless numbered. In 1904, coinage of Morgan silver dollars was discontinued and construction was begun on a modern, high-capacity branch mint in Denver, Colorado. Silver and gold coin production at the Louisiana branch dwindled after 1906, when the Denver Mint opened, and by 1909, the need for continued operations at the Southern facility was virtually dissolved. On April 1, of that year, coinage was suspended, and in 1911, the dismantling of the outdated machinery was begun.

Coinage in the first three months of 1909, prior to operations suspension, consisted primarily of dimes, with more than 2.2 million pieces struck; quarter production amounted to only 712,000 coins, and halves to just 945,400 pieces. The only gold coinage at New Orleans in 1909, consisted of a paltry 34,200 half eagles. Interestingly, this was the first issue of this denomination struck there since 1894.

In addition to its popularity as the only O-mint issue of Pratt’s Indian Head type, the 1909-O half eagle is also a significant key date within the series. The 1929 is rarer in the absolute sense, but in Mint State, the 1909-O is the less often seen coin.

Offered at $16,700 delivered

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The Sole Highest Graded – 1881 Liberty Quarter Eagle NGC PR67 Ultra Cameo

Prior to 1881, gold proofs are almost entirely sold only in complete denomination sets. Gold proof sets sales continued in 1881, with 40 distributed by the end of the first quarter, but individual proof quarter eagles were struck and sold throughout the year as well, bringing the mintage for this issue to 51 pieces. These coins are among the most contrasted proofs in the Liberty quarter eagle series, and the palindrome date makes them popular type coins. Type collector demand is further heightened by the fact that many later proof quarter eagles (such as those struck from 1902 through 1907), lack the same degree of cameo contrast seen on late 19th century proofs. In United States Proof Coins, Volume IV: Gold,  John Dannreuther estimates that only 18 to 22 proof 1881 quarter eagles survive. This is far less coins than the PCGS estimate of 30 to 35 pieces, but it might be more accurate. A significant number of the non-Cameo proofs reported by the grading services have likely been reconsidered in more recent years and redesignated Cameo or Deep Cameo. This is the only PR67 Ultra Cameo graded by NGC with none higher.

Listed at $80,000 in the NGC price guide.

Offered at $74,750

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Very Tough 1911-D Indian Eagle PCGS MS63

The Saint-Gaudens Indian Head eagle series, which ran from 1907 through 1933 (the final production was nearly completely destroyed), is a deceptively challenging set to put together, particularly in high grades. Only a handful of issues are collectible in Gem condition or better, several have either low mintages – low survival rates or both – and just two of them (the 1926 and 1932) could be considered plentiful.
The 1911-D is a series semi-key struck to the limited extent of just 30,100 coins. That meager total represents the lowest production among all regular-issue Indian Head ten-dollar gold pieces and explains why examples are so highly sought-after. 

The PCGS population is 43 with 26 graded higher.

Offered at $19,500