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Lot
3928

1918/7-S 25C MS64 PCGS. CAC. FS-101....

2012 September 6-9 US Coins Signature Auction- Long Beach #1174

 
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Auction Ended On: Sep 7, 2012
Item Activity: 7 Internet/mail/phone bidders
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Location: Long Beach Convention Center
100 S. Pine Avenue
Long Beach, CA 90802

Description:

Choice 1918/7-S Standing Liberty Quarter
Sought-After Wartime Overdate
1918/7-S 25C MS64 PCGS. CAC. FS-101. This is one of the most famous and popular of all 20th century overdates due to its listing in the Guide Book for many years. The earliest listing of this overdate variety actually predates the famous "Redbook." The 1942 edition of Wayte Raymond's Standard Catalog included the first record of this variety that had been discovered a few years earlier. Barney Bluestone first offered an example of this overdate variety in his December 1937 coin auction. The Mint State example was described at that time as unique.
By way of explanation, in his Complete Encyclopedia Walter Breen states:

"During autumn 1917, immense wartime coinage quotas had to be filled in haste. The Engraving Department was simultaneously making dies for 1917 'Type II' and 1918; in particular, 1918-dated dies for the branch mints had to be ready well before the year's end, so that the Denver and San Francisco facilities could proceed at once with coinage of this denomination. One working die received a blow from a 1917 hub, routinely went to the annealing furnaces to be prepared for subsequent blows, but through error returned to the wrong press and received its other blow from a 1918 hub."


A Choice Mint State example, this highly lustrous piece has exceptional mint frost beneath deep lilac and rose toning. Although not a full strike, all of the design details on each side are boldly defined, with considerable (about 60%) head details on the obverse. Population: 20 in 64, 5 finer (7/12).
Ex: Central States Signature (Heritage, 5/2007), lot 2107.(Registry values: N7079) (NGC ID# 243A, PCGS# 5726)

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