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1911 Proof

Gold Coins · Indian Head Gold $5 Half Eagles · 1908–1929
Regular Proof
Weight8.359 g
Diameter21.6 mm
MintPhiladelphia
StrikeProof
EdgeReeded
Alignment↑↓ Coin
Composition90% Gold, 10% Copper
DesignerBela Lyon Pratt
Collector's Key IDCK-6091

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About this coinHistory

The 1911 Proof Half Eagle marked the Mint's return to the Sandblast finish after a brief detour. In 1909 and 1910 the Mint had tried a Roman or Satin finish, hoping it would soften the look that buyers complained was too dull. Collectors voted at the 1910 ANA Convention and rejected the satin look, asking for the original matte surface back. The 1911 issue answered that vote, with a finer grade of sand giving the fields a slightly brighter, more even velvet than the 1908 coins.

Authenticating a Sandblast Proof starts with the surface. A genuine 1911 Proof shows a uniform velvety matte across every open field, with no flow lines, no cartwheel luster, and no patches of brightness around the devices. The rims should look squared and crisp, since each piece was struck multiple times from polished dies on a medal press. Weight should fall at 8.359 grams and specific gravity near 17.16. The grainier, slightly reflective texture seen on 1909 and 1910 Roman or Satin Proofs is wrong for this date and is a quick way to spot a misattributed coin.

Reported mintage is roughly 139 pieces, the lowest figure of any Sandblast Proof year in the series and a small number even by Proof gold standards. Survivors are scarce in any grade and rare with original surfaces, since the matte finish is fragile and rubs easily from any handling or improper cleaning. Past auction appearances at Heritage and Stack's Bowers have shown that even mid-grade examples bring strong premiums over their business-strike counterparts, and Gem certified coins with untouched matte fields sit firmly in the upper tier of the series. Coins should be bought already certified by PCGS or NGC, with close attention paid to whether the original surface remains undisturbed and whether the holder notes any color or curation issues. For broader background on the design and the short Proof run that bracketed it, see the Indian Head Half Eagle series history.

Price guideReference

Reference data only — not an appraisal.

GradeDescriptionLowHigh
PR-63 Proof (PR)
Frequently Asked QuestionsFAQ
What is a 1911 Proof Indian Head Gold $5 Half Eagle made of?
90% Gold, 10% Copper, weighing 8.359 g.
What is the melt value of a 1911 Proof Indian Head Gold $5 Half Eagle?
Its melt value is its metal content multiplied by the current spot price. See our melt calculator on the metals pages for a live figure.
Is the 1911 Proof Indian Head Gold $5 Half Eagle a key date?
It's a more common date overall, though scarcer die varieties may carry a premium — see the varieties list.