Lot 831
1919-S. PCGS graded MS-64. CAC Approved. A very popular key date. Light hint of gold tone on the obverse. A well struck near-Gem that has deep silvery mint frost from center to periphery. A few small marks in the left obverse field within the sun rays are noted, otherwise remarkably clean-surfaced for a key date like 1919-D. Struck from properly made dies, the design is very detail to bold in most areas, barring the usual softness along the front of the eagle's left leg.
Since 1914 when the Great War began, much of America's economy had been boosted by manufacturing and production for the war effort, due in great part to inflationary credit and currency expansion. Now, with the slackening need for war related goods, the economy slowed in the United States and entered a period weakness. The Volstead Act (the prohibition of manufacture of alcoholic beverages) was passed by Congress this year. Imports and exports of all goods dropped. The result was that all three operational mints were ordered to produce smaller denomination coinage, Cents, Nickels, Dimes, but fewer Quarters or Half Dollars (no Silver Dollars or gold issues were struck in 1919). Pop 85; 61 finer, 7 in 64+, 39 in 65, 4 in 65+, 11 in 66 (PCGS # 6579) .
Estimated Value $8,000 - 9,000.
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| Realized $10,281 |
