1916-S Indian Eagle. MS-64 (PCGS). Rich matte-like luster blankets the fields and remains largely untouched across this beautiful near-Gem. Toned in medium-gold shades with hints of peach patina around the devices. The 1916-S is the 10th scarcest of the 32 issues in the Indian eagle series. Although the recorded mintage of 138,500 pieces implies availability, this is only true in lower mint state grades or even circulated examples. Furthermore, this date suffered particularly from the massive meltings that gobbled up the survivors in later years and most of those known today returned from European banks in the most recent two generations. Near Gem examples like the present piece are truly scarce, and PCGS has certified only 30 coins finer through MS-67.
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