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Lot
3196

1916 25C MS65 Full Head PCGS. CAC....

2012 January 4-8 US Coins & Platinum Night FUN Signature Auction- Orlando #1166

 
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Auction Ended On: Jan 4, 2012
Item Activity: 6 Internet/mail/phone bidders
974 page views
Location: Orange County Convention Center
North/South Building
9899 Universal Blvd.
Hall SB - South Building
Orlando, FL 32819

Description:
Sought-After Gem Full Head
1916 Standing Liberty Quarter
1916 25C MS65 Full Head PCGS. CAC. The 1916 Standing Liberty quarter technically should not have been produced until 1917, according to Ron Guth, writing on the PCGS CoinFacts website:

"Technically, this type should not have appeared until 1917, because design changes were impermissible under the law until twenty-five years had elapsed. 1916 was the 25th year of the Barber Quarter, which was given a full mintage of 1,788,000 coins. Despite the legal limitations, the Mint began producing coins with Hermon MacNeil's new design in December of 1916. Production was limited to 52,000 coins, mostly because of time. No notice was given to the public that the Quarter Dollar had been re-designed, so virtually all examples entered circulation, thus accounting for the scarcity of high grade examples today."


While most of the 1917 Type One quarters are exceedingly well-struck and usually Full Head examples, the 1916s often appear with weakly struck heads. The 1916 Standing Liberty quarter was struck to the extent of a meager 52,000 pieces struck in the latter part of the transitional year, and those coins were released in early 1917 alongside a batch of 1917 Type Ones. The 1916 is among the most sought-after issues in numismatics due to its status as a first-year type, particularly at the Gem Full Head level.
Bright mattelike surfaces have a more consistently sharp strike than is expected of this key first-year issue, although still a trifle soft on the details of Liberty's shield. A single reeding mark on the breast is one of several unobtrusive blemishes in that area. Population: 71 in 65 Full Head, 15 finer (12/11).
Ex: FUN Signature (Heritage, 2/2004), lot 2064.(Registry values: N4719) (NGC ID# 242Y, PCGS# 5705)

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