Lot 625
1918/7-S Liberty Standing Quarter Dollar. NGC graded MS-65. One of the finest graded of this classic rarity, this one has delicate gold toning around the periphery with hints of greens and blues around the eagle and lettering on the reverse. Flashy luster and well struck, with most of the head present, but not quite enough to qualify as full. We must note that this date is nearly impossible to locate with a full head, although a very choice one is offered in this sale. The surfaces remain quite clean, with just a couple of tick marks hidden on Liberty.
This is one of the great rarities of the last century. Few overdates were created, and all are eagerly sought by collectors. Perhaps one thousand of these exist, the grading services have seen just a few over 500 in all grades, and it is likely that more are out there in coin land still sitting in albums, having been put away decades ago. This one has the minute diagnostics noted in the Breen Encyclopedia. The overdate feature is plain with a glass. Apparently in the rush to get dies prepared, one 1918 die received a blow from the 1917 master hub, then the hub was switched to the 1918 hub, and the die was struck again. No one noticed the overdate, and the die was shipped and put into production at the San Francisco Mint, much to the delight of collectors.
This is one of the finest graded, NGC has only graded 3 as such, with 2 graded higher, and PCGS has graded 5 as MS-65, and 2 higher. Certainly in the top dozen known and worthy of a strong bid.
Estimated Value $40,000 - 50,000.
|
| |
| Realized $32,200 |
