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FUN Signature US Coin Sale 1251  4-6 & 8-9 Jan 2017
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Lot 5619

Starting price: 1 USD
Price realized: 46 000 USD
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Standing Liberty Quarters
1916 25C MS66 Full Head PCGS Secure. CAC. A glance at the certified population reports suggests that the 1916 Standing Liberty quarter is scarce in Gem or finer Full Head, but its actual rarity in these grades may be greater than widely perceived. In Standing Liberty Quarters, fourth edition, J.H. Cline suggests that the official data may be inflated by 10-20% due to resubmissions. He further writes: "I have ... personally witnessed many Standing Liberty quarters being broken out at coin shows, and the inserts thrown away. Thus, the reports are not accurate despite the grading services' efforts to make them so. The reports are inflated on some dates by as much as 50 percent ..."
The 1916 is an actively traded issue in Mint State Full Head, but the frequency of auction appearances for Gem examples seems slightly lower than one might expect after glancing at the certification data. This key issue is a rarity in MS66 Full Head, and it is likely that numerous resubmissions are reflected in the MS64 and MS65 figures. The present CAC-endorsed Premium Gem yields frosty, beautifully original mint bloom with remarkably few abrasions. Wisps of lavender and champagne toning grace each side, and the strike is excellent for the issue. Eye appeal leaps from the glistening surfaces. Population: 18 in 66 (1 in 66+) Full Head, 5 finer. CAC: 4 in 66, 3 finer (10/16).
From The James Swan Collection of Standing Liberty Quarters.
The #1 PCGS Major Varieties Registry Set of Full Head Standing Liberty Quarters.
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