The 1916 McKinley Memorial Gold Dollar was issued thirteen years after the original McKinley commemorative, marking the fifteenth anniversary of President McKinley’s assassination on September 14, 1901. Unlike its 1903 predecessor, this coin had an authorized mintage of 100,000 pieces, but only 20,026 were struck, with 5,000 later melted, leaving approximately 15,000 in circulation. This 1916 $1 McKinley Commemorative Gold Coin is one of only 9,977 surviving specimens and boasts warm, attractive gold coloration with a satin luster. Today, the 1916 $1 McKinley Commemorative Gold Coin is available at JM Bullion.
Coin Highlights:
This 1916 commemorative was issued specifically to generate funding for the construction and maintenance of the McKinley Birthplace Memorial in Niles, Ohio, McKinley’s hometown. The McKinley Memorial Association sought Congressional authorization for the coin as a fundraising mechanism, appealing to patriotic sentiment and numismatic interest to support their preservation efforts. The timing coincided with the fifteenth anniversary of McKinley’s tragic death, making it an appropriate moment to renew public remembrance of the slain president.
This 1916 $1 McKinley Commemorative Gold Coin comes in MS62 condition and features even golden-amber gold surfaces on the obverse, with a stain glow and light frost on the fields and devices. The reverse of the coin features a rich, warm gold surface with a satin luster and a gentle, even surface mottling. Mottling is a form of natural toning or patina that occurs when oxidation happens unevenly over time.
The obverse of the 1916 McKinley Commemorative Gold Coin features a left-facing bust of President McKinley, designed by Charles E. Barber, offering a different perspective from the 1903 issue. The inscription “UNITED STATES OF AMERICA” arcs along the upper rim, while “McKINLEY DOLLAR” appears below the portrait. The overall portrait presents McKinley in a more classical, dignified style characteristic of Barber’s engraving work.
The reverse design of the 1916 $1 McKinley Commemorative Gold Coin depicts the McKinley Memorial building in Niles, Ohio, shown as a domed neoclassical structure that was the intended beneficiary of the coin’s proceeds. The memorial building is centrally positioned with MCKINLEY BIRTHPLACE inscribed above it and NILES OHIO below, directly connecting the coin to its fundraising purpose. This architectural rendering gives the coin a more pictorial quality than the text-heavy 1903 reverse, creating a lasting tribute to both the president and the community that honored his memory. Below the memorial structure, you’ll find engravings of 1916 and MEMORIAL.
Please contact JM Bullion with any questions when you buy historic US gold for sale. You can call us at 800-276-6508, chat with us online, or email us directly.
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The 1916 McKinley Memorial Gold Dollar was issued thirteen years after the original McKinley commemorative, marking the fifteenth anniversary of President McKinley’s assassination on September 14, 1901. Unlike its 1903 predecessor, this coin had an authorized mintage of 100,000 pieces, but only 20,026 were struck, with 5,000 later melted, leaving approximately 15,000 in circulation. This 1916 $1 McKinley Commemorative Gold Coin is one of only 9,977 surviving specimens and boasts warm, attractive gold coloration with a satin luster. Today, the 1916 $1 McKinley Commemorative Gold Coin is available at JM Bullion.
Coin Highlights:
This 1916 commemorative was issued specifically to generate funding for the construction and maintenance of the McKinley Birthplace Memorial in Niles, Ohio, McKinley’s hometown. The McKinley Memorial Association sought Congressional authorization for the coin as a fundraising mechanism, appealing to patriotic sentiment and numismatic interest to support their preservation efforts. The timing coincided with the fifteenth anniversary of McKinley’s tragic death, making it an appropriate moment to renew public remembrance of the slain president.
This 1916 $1 McKinley Commemorative Gold Coin comes in MS62 condition and features even golden-amber gold surfaces on the obverse, with a stain glow and light frost on the fields and devices. The reverse of the coin features a rich, warm gold surface with a satin luster and a gentle, even surface mottling. Mottling is a form of natural toning or patina that occurs when oxidation happens unevenly over time.
The obverse of the 1916 McKinley Commemorative Gold Coin features a left-facing bust of President McKinley, designed by Charles E. Barber, offering a different perspective from the 1903 issue. The inscription “UNITED STATES OF AMERICA” arcs along the upper rim, while “McKINLEY DOLLAR” appears below the portrait. The overall portrait presents McKinley in a more classical, dignified style characteristic of Barber’s engraving work.
The reverse design of the 1916 $1 McKinley Commemorative Gold Coin depicts the McKinley Memorial building in Niles, Ohio, shown as a domed neoclassical structure that was the intended beneficiary of the coin’s proceeds. The memorial building is centrally positioned with MCKINLEY BIRTHPLACE inscribed above it and NILES OHIO below, directly connecting the coin to its fundraising purpose. This architectural rendering gives the coin a more pictorial quality than the text-heavy 1903 reverse, creating a lasting tribute to both the president and the community that honored his memory. Below the memorial structure, you’ll find engravings of 1916 and MEMORIAL.
Please contact JM Bullion with any questions when you buy historic US gold for sale. You can call us at 800-276-6508, chat with us online, or email us directly.