Lot 831
1916. PCGS graded UNC Details, Cleaning. A hint of light tone. Popular key date. Only 52,000 struck. When the Standing Liberty quarters were first released in 1916-17, they received favorable numismatic press, and many collectors -- the overall number being relatively small in those days -- set aside pieces for their collections or as souvenirs. However, there was virtually no interest in collecting such coins by date and mint -- a true statement, although it may be hard to believe today. And many missed out on the acquiring a 1916-dated specimen. Fewer were made. They were put into circulation at the tail-end of the year. So most people who acquired one ended up with a 1917-dated coin. Accordingly, as different varieties were produced in ensuing years, scarcely any attention was paid to rare dates or mintmarks. It was only in the early 1930s that Wayte Raymond launched his "National" series of cardboard album pages, with clear slides, manufactured by M.L. Beistle in Shippensburg, Pennsylvania. For the first time collectors had a way to conveniently store coins while examining both sides, and at the same time having openings for all of the varieties. It became a very popular pursuit to fill holes, similar to doing a crossword puzzle. That was when collectors first learned just how scarce the 1916 Standing Liberty Quarter truly is! (PCGS # 5704) .
Estimated Value $8,500 - 9,000.
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