Lot 1583
1918/7-S Liberty Standing Quarter Dollar. PCGS graded AU-58 Full Head. Old green label holder. A clear-surfaced pale toned AU58 with highly concentrated luster in many areas and almost ostentatious eye appeal. Don't mind the hint of weakness at the centers as typically seen, for this has been taken into consideration by the grading service. Reams of paper have been printed describing the background of this unusual rarity. Distilled, the history is that during the stress of heavy minting demand during the First World War, the home mint in Philadelphia, which makes the dies for the branch mints, was working overtime in December 1917 to keep up with demand for new working dies as well as preparing last minute dies for the current 1917 coins. Inadvertently, the die steel from one 1918-dated die was impressed into a 1917 hub, creating the 8 over 7 error. Unnoticed, this was sent to San Francisco, where a limited number of coins were struck and put into circulation. The rest is history. Pop 11; 7 finer.
Estimated Value $11,500 - 12,500.
The Greenhill Collection.
|
| |
| Realized $25,300 |
