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SERIES: Indian Head $2 1/2 1908-1929
LEVEL: Year, MintMark, & Major Variety

1912 $2.50 (Regular Strike)

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PCGS MS66

PCGS MS66

PCGS MS65+
PCGS #:
7944
Diameter:
18.00 millimeters
Designer:
Bela Lyon Pratt
Weight:
4.18 grams
Edge:
Reeded
Mintage:
616,000
Metal Content:
90% Gold, 10% Copper
Auction Record:
$37,375 • PCGS MS66 • 7-31-2009 • Heritage
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Rarity and Survival Estimates (Explain)
Grades Survival
Estimate 
Numismatic
Rarity 
Relative Rarity
By Type 
Relative Rarity
By Series 
All Grades 24,333 R-2.7 3 / 15 TIE 3 / 15 TIE
60 or Better 14,666 R-2.9 3 / 15 TIE 3 / 15 TIE
65 or Better 186 R-7.1 4 / 15 4 / 15
Condition Census (Explain) Show more rows
Pos Grade Thumbnail Pedigree and History
1 MS66 PCGS grade
1 MS66 PCGS grade  
1 MS66 PCGS grade  
1 MS66 PCGS grade  
1 MS66 PCGS grade  
Condition Census (Explain) Show fewer rows
Pos Grade Thumbnail Pedigree and History
1 MS66 PCGS grade
1 MS66 PCGS grade  
1 MS66 PCGS grade  
1 MS66 PCGS grade  
1 MS66 PCGS grade  
6 MS65 PCGS grade
6 MS65 PCGS grade  
6 MS65 PCGS grade  
6 MS65 PCGS grade  
6 MS65 PCGS grade  
David Akers (1975/88): This is undoubtedly one of the more underrated issues of this series. Only the 1911-D, 1914 and 1914-D are more rare, and true gems of the 1912, although they do exist, can only be located with great difficulty. In the lower Mint State grades, i.e. MS-60 to MS-63, examples are available fairly often and even in MS-64 they can be found. As for superb (MS-67) pieces, I have seen a couple but for all practice purposes they are essentially unobtainable. This is another date that deserves to be a premium priced coin but is not because its rarity has not been generally appreciated.

The 1912 is generally more sharply than the 1911 but in other respects it is somewhat similar. Most specimens are not particularly lustrous and the surfaces are quite granular. Some examples are a little weak at the borders, possibly from die buckling or deterioration. The color is typically a greenish orange color although brilliant light yellow gold examples also exist.