Heritage World Coin Auctions
Long Beach Signature US Coin Sale 1256 8-9 Jun 2017
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Standing Liberty Quarters
1918/7-S 25C FS-101 AU55 PCGS. The title of a Paul M. Green article published in the November 14, 2006 edition of Numismatic News, "Nothing's easy with 'S' Standing Liberty quarters," is particularly true regarding one special variety. After discussing the regular 1918-S issue, he continues to the date's popular and challenging variant:
"There was a special 1918-S but it was not discovered until years later. There had been a 1918/7-S variety. The fact that collectors at the time were not examining coins closely, and not saving them in any numbers as well, would prove to be important here, as by the time the 1918/17-S was discovered it was far too late to find examples in top grades. The only Mint State examples would be ones set aside as regular 1918-S quarters."
Green continues by noting that the 1918-S issue's high overall mintage (over 11 million pieces) made the likelihood of an overdate coin's surviving this way much lower, by diluting the concentration of overdate coins relative to the population at large. Standing Liberty quarter specialist J.H. Cline indicates that the overdate's first auction appearance did not come until late in 1937, almost two decades after its creation, but that the coin was offered as Uncirculated, indicating that overdate coins must have survived in the way Green indicates. Most survivors are heavily circulated and locating a problem-free Choice AU, such as this piece is very challenging. The surfaces are untoned and show only slight friction over the high points of the design and much of the original mint luster still survives.
HID02901242017
1918/7-S 25C FS-101 AU55 PCGS. The title of a Paul M. Green article published in the November 14, 2006 edition of Numismatic News, "Nothing's easy with 'S' Standing Liberty quarters," is particularly true regarding one special variety. After discussing the regular 1918-S issue, he continues to the date's popular and challenging variant:
"There was a special 1918-S but it was not discovered until years later. There had been a 1918/7-S variety. The fact that collectors at the time were not examining coins closely, and not saving them in any numbers as well, would prove to be important here, as by the time the 1918/17-S was discovered it was far too late to find examples in top grades. The only Mint State examples would be ones set aside as regular 1918-S quarters."
Green continues by noting that the 1918-S issue's high overall mintage (over 11 million pieces) made the likelihood of an overdate coin's surviving this way much lower, by diluting the concentration of overdate coins relative to the population at large. Standing Liberty quarter specialist J.H. Cline indicates that the overdate's first auction appearance did not come until late in 1937, almost two decades after its creation, but that the coin was offered as Uncirculated, indicating that overdate coins must have survived in the way Green indicates. Most survivors are heavily circulated and locating a problem-free Choice AU, such as this piece is very challenging. The surfaces are untoned and show only slight friction over the high points of the design and much of the original mint luster still survives.
HID02901242017