Lot 624
1918/7-S Liberty Standing Quarter Dollar. NGC graded MS-64 Full Head. Seldom offered, this precious rarity was first noticed by collectors around 1937. At that time, one of the few mint state coins was offered in a Bluestone Auction (12/4/37:741) which realized the astronomical price of $26.25 (Breen). Collectors everywhere began searching through change and carefully examining their Standing Quarter collections. Few have been found, and this popular overdate remains one of the most sought-after coins of the 20th Century. The combined NGC and PCGS population reports show about 520 graded in all, not many when one considers how many collectors need one.
Note the frosty luster in the fields, and the coin remains silvery white in color. No signs of toning have formed, and this is a beautiful example of this premier rarity.
Turning to the population, this coin is tied for the finest graded by NGC and PCGS with the full head feature. NGC has graded only 4 this high and PCGS just 6 coins. Fine separation is noted on the three leaves in Liberty's crown, and parts of her ear and a few bosses on the shield are slightly weak. Note the diagnostic clash marks (from the eagle's wing) below TR of TRUST and the microscopic die dot between the right toes on Liberty's foot and the last star, just in the field near the base. These confirm the genuineness of the coin and are diagnostic to this single die pair. A famous rarity that will no doubt bring a strong price from an advanced Standing Liberty Quarter specialist.
Estimated Value $60,000 - 70,000.
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| Realized $36,800 |
