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Lot
3618

1918/7-S 25C MS65 PCGS. CAC. FS-101....

2012 October 18-21 ANA US Coins Signature Auction - Dallas #1175

 
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Auction Ended On: Oct 18, 2012
Item Activity: 12 Internet/mail/phone bidders
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Location: Dallas Convention Center
650 S. Griffin Street
Dallas, TX 75202

Description:

1918/7-S Quarter, MS65
Blazing Mint Luster, One of the Finest
1918/7-S 25C MS65 PCGS. CAC. FS-101. An unknown quantity of overdated 1918/7-S quarters were struck from a single obverse die and released into circulation. These pieces circulated freely, and the overdate was not discovered until nearly 20 years after the coins entered commerce; as a consequence, few Mint State survivors are known today, and in most Uncirculated grades, the 1918/7-S has the highest price among dates and varieties listed in the Guide Book.
In the August 2001 edition of The Numismatist, Brian A. Silliman's ANA Authentication Bureau column looked at the 1918/7-S Standing Liberty quarter and supplied two useful diagnostics, apart from the overdate:

"The most notable characteristic of genuine specimens is a die clash in the protected recess next to Liberty's right knee. It can be seen on most specimens, even those grading Good and Very Good.
"Another important diagnostic is a small 'pimple' of extra metal above and to the right of the last digit of the date. However, it is hard to discern (or virtually invisible) on very worn specimens."


Since the present example is a beautiful and thoroughly well-preserved Gem, both markers are easy to spot; the former, in particular, shows that it is the E from E PLURIBUS UNUM on the reverse. The devices are well struck, save for slight softness on the shield and head, with only the lack of an earhole precluding Full Head status. Hints of pink-gold toning grace the brightly lustrous and otherwise silver-white surfaces. The sole mark warranting individual mention is noted on Liberty's midsection, on the line formed by the words IN GOD WE TRUST. Population: 3 in 65, 2 finer (9/12).(Registry values: N10218) (NGC ID# 243A, PCGS# 5726)

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