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CSNS Signature US Coin Sale 1254  26-28 Apr 2017
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Lot 4032

Estimate: 1 USD
Price realized: 13 500 USD
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Standing Liberty Quarters
1916 25C MS64 Full Head NGC. The diagnostics for a Full Head 1916 Standing Liberty quarter are different than for a 1917 Type One, as the hairstyle is different and not as deeply engraved into the die. J.H. Cline suggested that as little as 3% of the 52,000-coin mintage was ever struck with true Full Head detail. However, a perusal of the certified population reports suggests that, by modern grading standards, the ratio of Full Heads to non-Full Heads is higher. Nonetheless, numerous resubmissions are likely reflected in the official figures, distorting the reported Full Head population. Study of auction records reveals that an unusually high percentage of Full Head 1916 quarter auction appearances is comprised of duplicate appearances from a small number of actively traded representatives. Fresh Full Head coins are rarely offered.
This fresh near-Gem example offers a distinctive blanket of gold and silvery mint-green toning over luminous satin luster. The appropriate detail is present for the Full Head designation, although the leading edge of the eagle's left (facing) wing is incomplete. There are no distracting abrasions.

HID02901242017
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