Lot 835
1918-S, 8 over 7. PCGS graded EF-45. Lightly toned. Popular key date. One of the more attractive circulated specimens within this series, and a classic rarity. This coin has some residual luster around the periphery and within the devices. Original light silvery-gray in color and well struck, with typical flat head, but extensive detail on the remaining devices including a crisp, clear date. We must emphasize that this date is nearly impossible to locate with a full head circulated or otherwise, although a very resplendent Extremely Fine is what you’ll find in this Lot. The surfaces remain quite clean, with just a couple of tick marks hidden on the eagle. Someone was fortunate indeed to have spotted this attractive coin and put it away all those years ago!
The 1918-S, 8 over 7 overdate is one of the great rarities of the last century. Few overdates were created, and all are eagerly sought by collectors. Perhaps one thousand or so exist, the grading services have seen just a few hundred in all grades, and it is likely that when more turn up, the number will advance just one coin at a time. The bulk of them have already been graded, yet some are still sitting in albums, having been put away decades ago. This one has that look. Careful preservation. Injury free. The minute diagnostics noted in the Breen Encyclopedia are present. The overdate feature is plain with a glass. Apparently in the rush to get dies prepared during the busy First World War years, one 1918 die received a blow from the 1917 master hub; after which, the hub was switched to the 1918 hub, and the die struck again. No one noticed the overdate, or cared (there is that possibility), and the die was shipped and put into production at the San Francisco Mint, much to the delight of future collectors (PCGS # 5726) .
Estimated Value $7,000 - 7,500.
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