Home US Coins 1916 McKinley Commemorative Gold Dollar NGC MS62

1916 McKinley Commemorative Gold Dollar NGC MS62

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1916 McKinley Commemorative Gold Dollar NGC MS62

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SKU39159
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Why add this 1916 $1 Gold McKinley NGC MS62 to your collection?

This 1916 $1 Gold McKinley is a great option for collectors who support the gold standard, as well as collectors of rare American coins. While the National McKinley Birthplace Memorial Association initially requested the production of a silver coin to commemorate the assassinated president, Congress opted instead for a gold coin because of McKinley’s pro-gold position. The obverse of the coin was designed by Charles Barber and features a left side portrait of the honored president. Along the rim are two inscriptions, “UNITED STATES OF AMERICA” and “MCKINLEY DOLLAR.” On the reverse is the McKinley Birthplace Memorial. It is identified by inscriptions along the rim, and its location, “NILES OHIO,” is inscribed above the main portion of the structure. While the production of 100,000 was authorized, just 20,000 were struck in 1916 due to the coin’s poor reception. This was the result of design flaws, including the fact that the portrait did not look like President McKinley and the Memorial was architecturally inaccurate. Thousands were later melted, so nobody is certain of how many remain. That makes this coin, which was given a grade of MS62 by the Numismatic Guaranty Corporation (NGC), particularly attractive for collectors who like rare coins in good condition.


Year of Issue:1916
Mint:U.S. Mint
Branch:Philadelphia
Grading Service:NGC
Grade:MS62
Finish:Mint State
Composition:Gold
Purity:0.9
Weight in Grams:1.504 g
Weight in Ounces:0.04837 oz
Country:United States
Legal Tender:United States
Currency:Dollar
Denomination:1
Mintage:15,000