LOT #1184 |
Sold on Feb 5, 2009 for: Not Sold
1918/7-S 25C MS65 PCGS....
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Sold on Feb 5, 2009 for:
Not Sold Description
Key Overdate 1918/7-S Quarter, MS65
Very Rare Gem Specimen
1918/7-S 25C MS65 PCGS. The 1918/7 -S Standing Liberty
quarter is one of the most sought-after coinage issues of the 20th
century. The issue joins the 1916 Type One and the 1927-S quarters
as the acknowledged keys to the popular Standing Liberty series.
The overdate was not noticed until an example appeared in Barney
Bluestone's auction of December 4, 1937. Since the issue circulated
for almost two decades before being discovered, few pieces were
saved by collectors, and the date is rare in Mint State grades
today. Standing Liberty quarter specialist J.H. Cline believes the
1918/7-S is the rarest date in the series.From an unknown, but definitely small mintage, there is much disagreement among numismatists about the circumstances involved in producing this famous overdate. In his Complete Encyclopedia Walter Breen explained the prevailing theory that the overdate resulted from an accidental hubbing error:
"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."
The present coin is a stunning representative of this popular issue. While this specimen lacks the detail of the coveted Full Head designation, the strike is still much better than average for this issue. Much detail is evident on the head, shield, and thigh, areas that are usually weak on this date. The surfaces are essentially untoned, and mint luster is vibrant. Overall eye appeal is excellent. Population: 3 in 65, 2 finer (12/08).(Registry values: N10218)
Coin Index Numbers: (NGC ID# 243A, PCGS# 5726, Greysheet# 5571)
Weight: 6.25 grams
Metal: 90% Silver, 10% Copper
Auction Info
2009 February Long Beach, CA Signature US Coin Auction #1122 (go to Auction Home page)
Auction Dates
February, 2009
5th-8th
Thursday-Sunday
Bids + Registered Phone Bidders: 10
Lot Tracking Activity: N/A
Page Views: 6,881
Buyer's Premium per Lot:
15% of the successful bid per lot.
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