Some original estimates of the mintage for the matte proof 1911 double eagle are as high as 100 pieces, however, two prominent authors have suggested a mere 20 to 25 coins were struck. Apparently, there are inadequate mint records to get a definitive number and the estimates are based upon the number of pieces that have surfaced over the past forty years. The total NGC certified population stands at 44 coins with 10 of those in Proof-67 grade and unbelievably, 5 finer!
There have only been 6 appearances at auction for a Proof-67 graded coin since 1994.
- Between 1994 and 2000, the average auction price realized is $55,550.
- From 2003 through 2006, the average auction appearance realized $92,216, although other dates in PR67 were realizing an average of $88,933 during the same time-frame.
- Only one example has sold at public auction since the economic meltdown of late 2008 and early 2009 (July 2009), and it realized an impressive $103,500. This offers strong evidence of how rarities held value during a period of extreme uncertainty and paper assets and real estate had collapsed some 50-70%.
The specimen offered is of superb gem quality exhibiting a complete strike and beautifully soft matte proof surfaces. No doubt it would satisfy the most sophisticated of collectors.
The CU3000 Price Guide lists the Proof-67 at $180,000 and Numismedia is $136,500.
Our ask price: $135,000