Lot 2771
1919-S Liberty Standing Quarter Dollar. PCGS graded MS-64 CAC Approved. Well struck with the head nearly full and all the rivits in the shield present. A frosty white beauty and a Premium Quality coin for the given grade. Pop 52; 53 finer at PCGS (PCGS # 5732) .
Noteworthy: There are several explanations as to why the 1919-S Quarter (and its Denver cousin) is so scarce. Two of these bear recording: First, mintage had reached unprecedented levels during the prosperous wartime years of 1917-8. (Prosperous for industry; miserable for the actual soldiers dying on the front.) As an inevitable aftermath, however, few new coins were required in 1919 out West, since there was a superabundance of war coinage still circulating from 1918’s 11 million mintage. A second possibility revolves around the plummeting agricultural prices from their unsustainable 1919-20 highs (again, a result of World War I). Western farming states entered upon a period of slowing activity; and slow activity translates into lowered demand for coinage from the mints. (1921 and 1922 are seen as the low in this activity during a short, sharp economic depression that righted itself soon thereafter.).
Estimated Value $2,700 - 2,800.
The Coltrin Family Collection.
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| Realized $3,335 |
