Lot 358
1916 Liberty Standing Quarter Dollar. PCGS graded MS-65 Full Head. First year of the Standing Liberty Quarter type, represented here by a glorious Gem with soft lilac toning over frosty surfaces. 95% fully struck, certainly well enough to qualify for the desirable Full Head designation. PCGS reports only 49 examples in this grade, exceeded only by 11 in MS-66-FH and 3 in MS-67-FH. Demand for this series is intense, particularly among participants in PCGS' Set Registry (collectors competing against each other to build sets of the finest graded examples).
From the CoinFacts website at www.CoinFacts.com: "The 1916 Standing Liberty Quarter Dollar has one of the lowest mintages of any coin struck for circulation in the Twentieth Century. Technically, this type should not have appeared until 1917, because design changes were impermissible under the law until twenty-five years had elapsed. 1916 was the 25th year of the Barber Quarter, which was given a full mintage of 1,788,000 coins. Despite the legal limitations, the Mint began producing coins with Hermon MacNeil's new design in December of 1916. Production was limited to 52,000 coins, mostly because of time. No notice was given to the public that the Quarter Dollar had been re-designed, so virtually all examples entered circulation, thus accounting for the scarcity of high grade examples today."
Estimated Value $19,000 - 21,000.
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| Realized $24,150 |
