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Sale 74
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Lot 2759
1916 Liberty Standing Quarter Dollar. PCGS graded MS-65. A frosty white untoned gem. The head is nearly full and all the rivits in the shield are present. Popular Key date. The standing Liberty quarter was "intended to typify in a measure the awakening interest of the country to its own protection," Mint Director von Engelken said at the time the coins first appeared early in 1917. "In the new design Liberty is shown a full-length figure, front view, with head turned toward the left, stepping forward to the gateway of the country …The left arm of the figure of Liberty is upraised, bearing the shield in the attitude of protection, from which the covering is being drawn. The right hand bears the olive branch of peace."
Seemingly everything coalesced to make the 1916 Standing Liberty Quarter one of the leading rarities of 20th century US numismatics. It was the first year of issue for a new design by an gifted sculptor, it had a very low mintage (52,000), and was saved in low numbers as though the Mint has sneaked it into circulation behind the hoopla surrounding the 1916 Mercury Dime and 1916 Walking Liberty Half Dollar, both of which were introduced this year as well. This is one of the finest, frostiest, most illustrious examples known of this rarity in MS65 grade we have had the pleasure to auction; it is almost perfectly preserved. Rolling fields of mint luster cover each side while the surfaces display integrity and absence of defect rarely seen, originality with significant underlying mint brilliance on the obverse, throughout the reverse. An exceptional, high grade 1916 quarter with endless aesthetic appeal. Pop 25; 6 finer in 66 (PCGS # 5704) .
Note: January 1st, 1916, the first "Rose Bowl" football game was played in Pasadena, California's Tournament Park between Washington State and Brown University. Originally titled the "Tournament East-West football game," the first Rose Bowl was actually played on January 1, 1902, starting the tradition of New Year's Day bowl games. The football game was added in 1902 to help fund the cost of the Rose Parade. The inaugural game featured Fielding H. Yost's dominating 1901 Michigan team, representing the East, which crushed a team from Stanford University, representing the West, by a score of 49 to 0 after Stanford quit in the third quarter. "The game was so lopsided that for the next 15 years," explains the Wikipedia entry, "the Tournament of Roses officials ran chariot races, ostrich races, and other various events instead of football." Ostriches & chariots aside, "…on New Year's Day 1916 football returned to stay as The State College of Washington (now Washington State University) defeated Brown University in the first annual Rose Bowl with that explicit name." (The Rose Bowl stadium was opened in 1923.).
Estimated Value $23,000 - 25,000.
The Coltrin Family Collection.
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| Realized $24,150 |
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