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Heritage World Coin Auctions
FUN Signature US Coin Sale 1251  4-6 & 8-9 Jan 2017
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Lot 5625

Starting price: 1 USD
Price realized: 16 000 USD
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Standing Liberty Quarters
1920-D 25C MS66 Full Head PCGS. CAC. The 1920-D has long been a semikey in Full Head grades, although its rarity in Gem and finer Full Head is often under-reported. The certified population figures are low for such fine examples, but the frequency of auction appearances is even lower, suggesting that the certified figures are inflated by resubmissions. Study of the actual availability of the various issues in the Standing Liberty quarter series -- apart from certified population numbers -- reveals that in MS65 Full Head or finer, the 1920-D is among the six rarest. The 1927-S, 1920-S, and the two 1919 branch mint issues are slightly rarer in this exceptional condition, and the 1918/7-S is unknown so fine.
The present coin carries the full significance of this high-grade rarity, and it also boasts a CAC green label -- an endorsement awarded only five Full Head coins in this and finer condition. Liberty's head is completely detailed, and the shield, date, and stars mirror the exceptional strike sharpness. Frosty luster is devoid of significant abrasions, and each side displays a hint of light golden toning. Population: 14 in 66 (2 in 66+) Full Head, 6 finer. CAC: 3 in 66, 2 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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