Estimated grade. Sold by David Akers Numismatics Oct '97 Price realized $412.5
David Akers (1975/88): Like all the Philadelphia Mint issues from 1908 With Motto to 1915 (except the relatively common 1910), the 1911 is a very underrated coin, particularly in high grade. Most known Mint State examples are low quality, i.e. MS-60 to MS-62, and even at the MS-63 level, the 1911 is only seen infrequently. In MS-64, this issue is very rare and gems number in the 12 to 15 range at most. I have only seen a couple of MS-67 quality examples of this issue so it is obviously a major rarity better than MS-65.
The 1911 is nearly always sharply struck. The surfaces are usually frosty and slightly granular, and lustre is only average at best and often below average for the series. Color is basically the same for every specimen I have seen, a light to medium orange gold, sometimes with a light greenish tint.
David Akers - Dr. & Mrs. Steven L. Duckor Collection - Heritage 1/2012:4615, $184,000 - Simpson Collection