Coin Specifications

Category: Gold Commemoratives (1903-1926)
Mint: Philadelphia
Mintage: 9,977
Catalog: KM-144
Obverse Designer: Charles E. Barber
Reverse Designer: George T. Morgan
Composition: Gold
Fineness: 0.9000
Weight: 1.6720g
AGW: 0.0484oz
Melt Value: $58.99 (9/23/2014)
Diameter: 15mm
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

1916 MCKINLEY G$1 MS obverse 1916 MCKINLEY G$1 MS reverse

Expand All    Collapse All


There are no varieties for this coin.

Description & Analysis

An Act of Congress on February 23, 1916 authorized the construction of the McKinley Birthplace Memorial. To help defray costs, it was authorized that not over 100,000 gold dollars of commemorative designs be struck at the Philadelphia Mint only, and afterward, the dies were to be destroyed. Charles Barber designed the obverse, George T. Morgan designed the reverse.

The Philadelphia Mint struck 20,026 gold dollars during August and October, 1916. These were placed on the market for $3 apiece, with the sellers either unaware or choosing to forget that the 1903 and 1904-5 gold dollars were impossible to sell in any quantity at that figure. Only approximately 15,000 were sold.

By 1917, the committee in charge realized the futility in this pricing structure and dumped a total of 10,000 coins at a lower figure to B. Max Mehl in Ft. Worth Texas who offered them to collectors at $2.50 each. It is uncertain whether Mehl's consignment consisted of only 1917s or a mixture of the two dates. In either event, the Association returned 10,023 pieces of the 1916 issue to the Mint for melting.

Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.


Loading... Working...

Use the scroll bar at the bottom of this box to view a summary of the NGC Price Guide, NGC Census, Auction Prices Realized and NGC Registry Scores for each grade.

There was no data found for this Coin.

Select Designation


Select Grade

*To view the Census details for this coin, please sign in or sign up.

Price Guide

Last Updated: 9/10/2013

Click on a price to see historical prices, comparison charts and trends.

Base $ - - - 350 440 440 460 470 500 515 530 545 600 665 850 1500 1950 4500 21000 - -
$ 480 500 510 550 565 575 585 660 725 1025 1750 2350 6500 -
NGC Price and Value Guides Disclaimer



Total Graded: 2538
Low Grade: 40
Average Grade: 63
High Grade: 68

Upcoming Auctions

A random selection of NGC coins is shown below.

Auction House
Sale / Lot
9/23/2014 MS 67   Heritage Auctions Internet Coin Auction Session(2), 131438/Lot# 28353
9/28/2014 MS 62   David Lawrence Rare Coins Internet Auction # 823, 832/Lot# 790
9/30/2014 MS 64   Heritage Auctions Internet Coin Auction Session(1), 131439/Lot# 29557
10/13/2014 MS 63   Heritage Auctions 2014 October 8 - 13 PNG New York Invitational US Coins Signature Auction - New York Session(6), 1210/Lot# 9621

Auction Prices Realized

A random selection of coins is shown below.

Auction House
Sale / Lot
6/3/1994 PCGS MS 63   Heritage Auctions 1994 June Long Beach Bullet Sale #120, 120/Lot# 844 $841.50
1/7/1998 NGC MS 65   Teletrade Auction 1013, 1013/Lot# 1921 $1,266.00
10/5/2003 NGC MS 61   Teletrade Auction 1788, 1788/Lot# 1904 $467.50
9/10/2006 NGC MS 65   Goldberg September 10-13, 2006 Pre-Long Beach Coin and Currency Auction, 37/Lot# 2501 $2,070.00
3/31/2011 NGC MS 66   Stack's Bowers The March 2011 Baltimore Auction, 83/Lot# 6117 $1,454.75
1/26/2014 NGC MS 64   David Lawrence Rare Coins Internet Auction # 788, 797/Lot# 869 $650.00
2/16/2014 PCGS MS 66   GreatCollections GreatCollections Coin Auctions 02/16/2014, 174/Lot# 171246 $4,629.90
9/4/2014 PCGS MS 67   Heritage Auctions 2014 September 4 - 6 Long Beach Expo US Coins Signature Auction - Long Beach Session(3), 1209/Lot# 5036 $2,820.00

NGC Registry

NGC Registry Score 1916 MCKINLEY G$1 MS
Competitive Registry Sets
Gold Commemoratives 1903-1926 83
Registry Image Gallery
Grade: MS 67
Points: 6080
Owner: RDN
Grade: MS 66
Points: 3264
Owner: Alex J. Llorente
View the Registry Image Gallery

Related Articles

From the NGC Archives: 1916 McKinley Memorial Gold Dollar

1/14/2010  — This month’s specimen was minted to raise funds to memorialize President William McKinley, 15 years after his death.
View full article >
NGC Certifies Finest Set of Gold Commems

9/1/2004  — A complete set of United States gold commemorative coins has been graded and encapsulated by NGC. It includes several finest certified pieces.
View full article >

NGC Auction Central Disclaimer