1916 Proof McKinley Memorial Commemorative Gold Dollar

Coin Details

Auction Record

$63,000 PR64 08-28-2022 Heritage Auctions

Description

The 1916 Proof McKinley Memorial Commemorative Gold Dollar is a proof commemorative dollar struck at the Philadelphia Mint. With a mintage of only 10, this is an extremely rare issue. Issued in 1916 and 1917 to raise funds for the construction of a memorial to President McKinley in Niles, Ohio, his birthplace. The obverse features a bust of President William McKinley facing left, while the reverse displays the McKinley Memorial building in Niles, Ohio, McKinley's birthplace. Designed by Charles E. Barber/George T. Morgan. The first year of issue with approximately 9,977 pieces distributed. Struck in 90% gold, 10% copper, weighing 1.7 grams, 14.3 mm in diameter, with a reeded edge. Cataloged as PCGS #7487. Both dates are scarce, with the 1916 having a net distribution of approximately 9,977 and the 1917 approximately 10,000. These are the last commemorative gold dollars before the denomination was discontinued for commemorative use.