1913-S 25C MS68 PCGS....

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Finest Certified 1913-S Quarter, MS68

1913-S 25C MS68 PCGS. The 1913-S quarter is regarded as one of the big three in the Barber quarter series, along with the 1896-S and 1901-S issues. In Mint State grades there are other more elusive dates, and the 1913-S ranks in a tie for 19th place according to the PCGS population data. According to the population data, the 1898-S quarter is the rarest date (i.e. lowest population) in Mint State grades. However, everything may not be as it seems, for resubmissions play a role, and the more expensive issues tend to have higher resubmission totals. Several issues ranked higher than the 1913-S are valued substantially lower, and for that reason will have lower resubmission numbers, skewing the data.
At the MS68 grade, the 1913-S is an elite issue and a condition rarity. As of March 2009, PCGS has only certified nine MS68 Barber quarters, including this example. The others are 1892 (2), 1899-S, 1900-O, 1905, 1907-S, 1908-S, 1912-S. With a mintage of only 40,000 coins, the 1913-S quarter has the lowest mintage of all regular issue 20th century U.S. silver issues. There are records of two sets of dies for the production of those 40,000 coins.
We previously offered this incredible quarter in our January 2005 FUN auction, and to the best of our knowledge it had never been offered prior to that time. It is finer than the amazing MS67 Eliasberg coin that, in 1997, was called "one of the finest survivors." Over the past decade, only a handful of other MS67 coins have been offered, including coins that we sold in our August 1999 ANA Sale, our January 2008 FUN Sale, one that the Goldbergs sold in September 1999, a coin that Superior offered in February 1999, and one that they handled in August 2002. The Condition Census of 1913-S quarters begins with the present piece and continues through six or fewer MS67 examples among the seven submissions that NGC and PCGS have graded.
At least one of the obverse dies developed breaks, this one being a particularly late state with a noticeable crack that begins at the rim, through the 3 of the date, and up to the tip of Liberty's bust. Also, a small vertical crack is seen below Liberty's ear. This coin is lightly toned with a subtle, thin layer of silver-blue color accented with pastel-peach tones as it is rotated under a light. The luster is absolutely full, with a bright satiny sheen, and there are no mentionable distractions as one would expect of the assigned grade. A shimmering, nearly perfect example of this prized 20th century rarity, and the single finest piece that PCGS has certified (3/09).
Ex: Heritage (1/2005), lot 4165.
From The Joseph C. Thomas Collection.(Registry values: N10218)

Coin Index Numbers: (NGC ID# 23ZW, PCGS# 5666, GSID# 5456)

Metal: 90% Silver, 10% Copper
Weight: 6.25 grams
ASW: 0.20oz
Mintage: 40,000

View all of [The Joseph C. Thomas Collection, Part One ]

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