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1918/7-S 25C FS-101 MS64 Full Head PCGS. The overdate, first publicly documented in a 1937 Barney Bluestone auction, ...

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Description

1918/7-S Quarter, MS64 Full Head
High Condition Census Rarity

1918/7-S 25C FS-101 MS64 Full Head PCGS. The overdate, first publicly documented in a 1937 Barney Bluestone auction, ranks among the top key issues in the Standing Liberty quarter series. In terms of absolute scarcity, it is the top key. In Gem and better grades, it is the rarest even in non-Full Head. And in Full Head grades, it is surpassed in absolute rarity only by the 1927-S. Though, while the 1927-S is slightly rarer in Full Head overall, the overdate is the rarest Full Head coin in high grade. Several 1927-S coins exist in Gem Full Head or better. But the finest overdates in Full Head are a pair of coins in MS64+ Full Head. In total, we have documented only 13 1918/7-S quarters in MS63 or finer Full Head. While a few additional examples in these grades may yet come to light, the overdate stands as one of the two most elusive issues in the series in attractive Full Head condition. And that distinction is unlikely to change.
     The current coin is tied with six other MS64 Full Head coins as second finest known. We have not found a prior auction appearance for this piece, though we consider it an attractive example within the MS64 Full Head group due to its distinctive satin luster that yields an old-time "skin" that glints when tilted in-hand. Some chestnut toning over the high points of each side further attests to the originality, while the balance of the luster is ivory-silver. The coin shows the usual die clashing and lapping, but without any significant abrasions to detract from the eye appeal. Furthermore, Liberty's head is as sharp as it comes, surpassing in sharpness several other high-grade Full Head coins we have seen. The date is bold as well. The shield rivets and the leading edge of the eagle's left (facing) wing exhibit the usual strike softness. Listed among the 100 Greatest U.S. Coins.
     Several of the Condition Census Full Head 1918/7-S quarters have not been seen at auction in many years, while a few have traded hands on several occasions. The two finest pieces -- those Plus-graded by PCGS -- have either never appeared at auction or last appeared six years ago. The opportunity of the present coin to the advanced Registry collector cannot be overstated, especially when it is considered that most of the current high-ranking PCGS Registry Sets lack a Full Head example of the overdate.

Roster of Condition Census Full Head 1918/7-S Quarters
The following roster lists every 1918/7-S quarter in MS63 or finer Full Head that we have documented via public auction appearance or photographic plate.
1. MS64+ Full Head PCGS. FUN Signature (Heritage, 1/2000), lot 6699, $149,500; Just Having Fun Collection (Stack's Bowers, 8/2012), lot 11374, $253,000; Eugene H. Gardner Collection, Part I (Heritage, 6/2014), lot 30451, $188,000; Important Selections from The Bob R. Simpson Collection, Part I (Heritage, 9/2020), lot 10074, $336,000.
2. MS64+ Full Head PCGS. Plated on PCGS CoinFacts.
3. MS64 Full Head PCGS. The present coin.
4. MS64 Full Head PCGS. ANA Signature (Heritage, 8/2015), lot 4043, $82,405.10; ANA Rarities Sale (Stack's Bowers, 8/2016), lot 3109, not sold; David Lawrence Rare Coins Inventory (4/2017); ANA Signature (Heritage, 8/2017), lot 3956, $117,500.
5. MS64 Full Head PCGS. Pre-Long Beach Auction (Goldbergs, 9/2003), lot 371, $81,650.
6. MS64 Full Head PCGS. ANA Signature (Heritage, 8/1999), lot 6981, not sold.
7. MS64 Full Head NGC. Long Beach Signature (Heritage, 2/1999), lot 5939; Long Beach Signature (Heritage, 6/2001), lot 8221, not sold; ANA Signature (Heritage, 8/2001), lot 6014, $72,450; Long Beach Signature (Heritage, 2/2003), lot 6742, not sold; Long Beach Signature (Heritage, 5/2003), lot 6054, not sold; FUN Signature (Heritage, 1/2004), lot 2068, $55,200; Central States Signature (Heritage, 5/2007), lot 2108, $48,875; FUN Signature (Heritage, 1/2009), lot 3807, $37,375.
8. MS64 Full Head NGC. Wes Rasmussen Collection (Superior, 2/1998), lot 2106; Fairchild Family Trust Collection (Goldbergs, 5/2001), lot 624, $36,800; Long Beach Signature (Heritage, 10/2001), lot 6417, not sold; Wayne S. Rich Collection (Bowers and Merena, 3/2002), lot 2317; ANA Auction (Bowers and Merena, 4/2005), lot 493, $43,000.
9. MS64 Full Head NGC. Long Beach Signature (Heritage, 6/2021), lot 3085, $72,000; Long Beach / Summer FUN Signature (Heritage, 7/2023), lot 3051, $81,000.
10. MS63 Full Head PCGS. Denver ANA (Bowers and Merena, 8/2006), lot 3141, $108,100.
11. MS63 Full Head PCGS. FUN Signature (Heritage, 1/2020), lot 4178, not sold; Lulu and Maya PCGS Registry Set.
12. MS63 Full Head NGC. FUN Signature (Heritage, 1/2009), lot 3806, not sold.
13. MS63 Full Head NGC. FUN Signature (Heritage, 1/2004), lot 6206, not sold.
From The Pizza Collection.

Coin Index Numbers: (Variety PCGS# 395950, Base PCGS# 5727, Greysheet# 392834)

Weight: 6.25 grams

Metal: 90% Silver, 10% Copper

View Certification Details from PCGS

Auction Info

2026 April 29 - May 2 CSNS US Coins Signature® Auction #1393 (go to Auction Home page)
Bidding Begins Approx.
April
10th Friday
Auction Dates
Apr-May
29th-2nd Wednesday-Saturday
Proxy Bidding Begins Approx. 
5 Days
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