Coin Specifications

Category: Gold Commemoratives (1903-1926)
Mint: Philadelphia
Mintage: 5,000
Obverse Designer: Charles E. Barber
Reverse Designer: George T. Morgan
Composition: Gold
Fineness: 0.9000
Weight: 1.6720g
AGW: 0.0484oz
Melt Value: $72.80 (9/15/2019)
Diameter: 15mm
Edge: Reeded
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1917 MCKINLEY G$1 MS obverse 1917 MCKINLEY G$1 MS reverse
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Description & Analysis

The McKinley gold dollars of 1916 and 1917 were coined at the request the National McKinley Birthplace memorial Association nearly fifteen years after McKinley’s death at the hands of an assassin. Proceeds from the sale of the coins were to be used to construct a memorial in his home town of Niles, Ohio. While the original request from the association was for commemorative silver dollars, McKinley’s pro-gold stance in office led Congress to the change the bill to call for gold dollar coins instead. A bill passed on February 23rd, 1916 authorized the mintage of up to 100,000 coins.

Chief Engraver Charles E. Barber was selected to design the reverse, and his assistant George T. Morgan was charged with designing the reverse. Barber was nearing the end of his life, and his obverse was not well received. The portrait of McKinley didn’t particularly look like the former president, which is obviously an issue. Around the top of the periphery are UNITED · STATES · OF · AMERICA, and MCKINLEY · DOLLAR is seen below.

Morgan’s reverse was even less well-received. It features a facing view of the McKinley Birthplace Memorial structure. Not only is it architecturally inaccurate, but it’s also crudely rendered. Around the periphery of the coin is MCKINLEY BIRTHPLACE MEMORIAL. NILES OHIO is above the memorial, divided by a flag pole, and the date, either 1916 or 1917, is below. When combined with the fact that these coins are often seen weakly struck, the whole makes for an aesthetically poor creation.

There were 20,000 McKinley gold dollars struck in 1916 and a further 10,000 dated 1917 struck in February of the following year. Some uncertainty exists respecting the number of each date that was actually sold as well as the number melted. However, according to B. Max Mehl, a famous dealer of the time who handled many thousands of the coins, 5,000 of both issues were melted, leaving a net mintage of 15,000 for the 1916 issue and only 5,000 for the 1917.

GRADE SUMMARY

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Price Guide

Last Updated: 8/31/2018

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

1917 MCKINLEY G$1 MS
  GVGFVFXF505355586061626364656667686970
Base $ - - - 440 510 530 540 550 575 610 640 655 690 935 1225 1720 4000 - - -
$ 520 535 545 560 585 - - 680 625 1050 1400 2900 7000 -
1917 MCKINLEY G$1 MS Prooflike
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - - 800 - - 1525 4700 - - - - -

NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 1517
Low Grade: 40
Average Grade: 63
High Grade: 67

The chart showing 40 series, 45 series, 50 series, 53 series, 55 series, 58 series, 60 series, 61 series, 62 series, 63 series, 64 series, 65 series, 66 series, 67 series, 68 series.
NGC CENSUS DETAIL Last Updated: 9/10/2019 1917 MCKINLEY G$1 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-----1252127165218223042129117449---1498
-----------------351--9
---------------3551---14
---------------1------1
Total-----12521271652182230425296182551--1522
 -----0 %0 %0 %0 %1 %5 %0 %3 %12 %15 %28 %19 %12 %4 %0 %-- 
1917 MCKINLEY G$1 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970Total
Base---------1--212103-----19
-----------------------
-----------------------
-----------------------
Total---------1--212103-----19
 ---------5 %--11 %5 %11 %53 %16 %----- 

Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
5/24/2009 PCGS MS 66   Goldberg May 24-27, 2009 Pre-Long Beach Coin and Currency Auction, 53/Lot# 1445 $2,645.00
9/17/2009 NGC MS 62   David Lawrence Rare Coins Thursday - Internet Auction # 411, 417/Lot# 5966 $609.50
2/22/2012 NGC MS 62   Teletrade Auction 3230, 3230/Lot# 2019 $661.25
7/27/2013 PCGS MS 65   Stack's Bowers The August 2013 Chicago ANA World's Fair of Money , 192/Lot# 2868 $1,645.00
10/13/2013 PCGS MS 63   GreatCollections GreatCollections Coin Auctions 10/13/2013, 96/Lot# 51166 $770.00
1/26/2014 PCGS MS 66   Goldberg January 26-28, 2014 January Pre-Long Beach Sale 17.5% BP, 78/Lot# 2079 $2,056.25
2/13/2019 PCGS MS 63   Heritage Auctions Internet Coin Auction Session(2), 131908/Lot# 25615 $384.00


NGC Registry

NGC Registry Score 1917 G$1 MS MCKINLEY Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base98010131047108111151257130512991326137114101472149615611660218629193651595590512614546184
99110241058109211621273130513081341138414311480151815941835243031634419698714749328250
00000013051308134113841431148015181594183524303163441969871474900
00000013051317135613971451148815391627201126753407518780192044700
1917 G$1 MS MCKINLEY
 PrAgGVGFVF4045505355586061626364656667686970
Base921953985101810511186123312261252129613331393141614771573207927863494572987442546945151
932964996102910961202123312351267130813531401143615091742231530224239673414319320300
00000012331235126713081353140114361509174223153022423967341431900
00000012331243128113211373140814571541191025503258498477391989400
Competitive Registry Sets
Registry Image Gallery
Grade: MS 68
Points: 14319
Owner: Stephen L. Schechter Collection
 
Grade: MS 67
Points: 5729
Owner: PetroKaz
 
View the Registry Image Gallery

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