The Survival Estimate represents an average of one or more experts' opinions as to how many examples survive of a particular coin in three categories: 1) all grades, 2) 60 or better, and 3) 65 or better. These estimates are based on a variety of sources, including population reports, auction appearances, and personal knowledge. Survival estimates include coins that are raw, certified by PCGS, and certified by other grading services.
Numismatic Rarity converts the Survival Estimate for a particular coin into a number from 1 to 10 (with decimal increments) based on the PCGS Rarity Scale. The higher the number, the more rare the coin.
Relative Rarity By Type
Relative Rarity By Type ranks the rarity of this coin with all other coins of this Type. Lower numbers indicate rarer coins.
Relative Rarity By Series
Relative Rarity By Series ranks the rarity of this coin with all other coins of this Series. Lower numbers indicate rarer coins.
David Akers (1975/88):
The 1912 is not especially rare in the lower Mint State grades and can be obtained quite readily in MS-63 or lesser condition. But, as it does for nearly all the Indian Head $5 issues, the picture changes dramatically in MS-64 or better grade. In MS-64, the 1912 is seldom available and true gems are very rare and almost never seen. A very few really superb (MS-67) examples exist but a 1912 (or any Indian head $5 for that matter) is a major rarity at that level.
Almost without exception, the 1912 is very sharply struck with very good to excellent lustre, usually the latter. The surfaces are somewhat granular and the color is most often a light to medium yellow gold, often with a distictive greenish cast.
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