Business Strike:

The Philadelphia Mint is the only coinage facility that struck double eagles in 1912, comprised of a circulation strike delivery of only 149,750 coins. While several small hoards have been discovered in Europe beginning in the late 1960s, this issue remains scarce in all Uncirculated grades and is seldom offered any finer than MS-63.

Proof Strike:

Produced to the extent of only 74 pieces, the 1912 is rarer than the 1908 and 1910 Proof Saint-Gaudens double eagles. The 1912 is known for having one of the bolder finishes among Sand Blast Proofs of the type, typically darker than the 1913, although less so than the 1908. With only 40 to 55 coins believed extant in all grades, this issue is seldom offered in any grade, and is particularly elusive above the Choice level.

The example to the left was sold by Stack's Bowers Galleries in the August 2016 Anaheim ANA Auction, where it realized $188,000.