LOT #3801 |
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1916 25C MS67 Full Head NGC....
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Sold on Jan 8, 2009 for:
$54,625.00
Bid Source: Live: Floor bidder
Description
Conditionally Rare 1916 Standing Liberty Quarter
MS67 Full Head
1916 25C MS67 Full Head NGC. The 1916 Standing Liberty
quarter is a curious issue. Few examples (in absolute terms) were
set aside at the time of issue, making it a seldom-encountered date
in all grades. However, because of the high prices the issue
commands in all grades it is generally available in major auctions,
which makes it seem more available than it really is. In the
ultimate grade of MS67 with a Full Head designation, though, there
can be no doubt about the rarity of the 1916 quarter. This piece is
one of only three so-certified at NGC, with none finer, while at
PCGS there are four pieces in MS67 Full Head, again with none finer
(10/08).Much of the speculation about the redesign of the Type One Standing Liberty quarter centers around the alleged "indecency" of the exposed breast of Liberty, speculation that persists today. Novice historians (including Walter Breen) tended to overstate the role of the Society for the Suppression of Vice in the redesign process. In reality, someone with considerably more political clout was responsible for the design change. On April 16, 1917, Treasury Secretary William G. McAdoo wrote to Representative William Ashbrook of Ohio to protest the Type One quarter design. On April 30, Ashbrook introduced McAdoo's bill before Congress. The document called upon the Mint to modify the original design by increasing the concavity of the fields and repositioning the eagle with relation to the stars. To support this legislation, McAdoo asserted (erroneously) that the Type One coins would not stack properly. However trivial the complaints from the Society for the Suppression of Vice may have seemed to many Americans, an ambitious politician such as McAdoo could not afford to ignore them. Accordingly, the Treasury Secretary fabricated the charge of improper stacking to mask his real intentions. While the Mint did carry out the authorized modifications, it also significantly altered the basic design by using a chain mail vest to cover Liberty's exposed breast.
This is a truly amazing 1916 quarter. It is, in fact, a truly amazing Standing Liberty quarter regardless of date. The surfaces, brilliant throughout, exude thick mint frost that covers each side, unimpeded by the post-striking defects one would expect on a lower-graded coin. The striking details are notable, especially for the normally weak 1916 quarter, with strong horizontal shield lines, unusually sharp definition on the ear, neck, and throat of Liberty, and a sharp line separating the hair. This is an exceedingly rare opportunity for the specialist that should be carefully considered, as this date is seldom offered for sale in such a superior state of preservation. NGC Census: 3 in 67 Full Head, 0 finer (10/08).
From The Scott Rudolph Collection.
See: Video Lot Description(Registry values: N10218)
Coin Index Numbers: (NGC ID# 242Y, PCGS# 5705, Greysheet# 5534)
Weight: 6.25 grams
Metal: 90% Silver, 10% Copper
View all of [The Scott Rudolph Collection ]
Auction Info
2009 January Orlando, FL FUN Auction #1121 (go to Auction Home page)
Auction Dates
January, 2009
7th-11th
Wednesday-Sunday
Bids + Registered Phone Bidders: 12
Lot Tracking Activity: N/A
Page Views: 2,388
Buyer's Premium per Lot:
15% of the successful bid per lot.
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