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    1919-S Quarter, MS67 Full Head
    Tied for Finest Certified

    1919-S 25C MS67 Full Head PCGS. Ex: Just Having Fun Collection. This is an exceptional coin in every respect, showing vibrant, frosty mint luster illuminating the beautifully preserved, pearl-white surfaces, with warm, light golden accents around the peripheries. Liberty's head is bold, and the overall strike is remarkably sharp, as virtually full definition is seen on the shield lines and rivets, the stars, the chain mail, and the leading edge of the eagle's right wing. A practically perfect coin in both strike and preservation.

    Population Data (5/14): PCGS and NGC combined have certified a scant four Full Head examples in MS67 (two at each service), and none are finer.

    Heritage Commentary: The 1919-S Standing Liberty quarter is a long-respected key date in the series, and carries a significant premium over the more available issues, even in lower circulated grades. Curiously, the 1919-S is significantly scarcer than both the 1921 and 1923-S issues, especially in Mint State, despite having a relatively comparable mintage. Paul M. Green, in the November 14, 2006, issue of Numismatic News, writes:

    "The mintage of the 1919-S was 1,836,000. That was not extremely low for a Standing Liberty quarter; mintages below 2 million were fairly commonplace. The 1919-S with the problem of the date wearing off is one of the tougher dates ... in all grades as it was clearly not saved in any numbers at the time it was released."

    The scarcity of high-grade Mint State survivors would support this assertion, and Full Head examples of this date are among the rarest in the series. J.H. Cline, writing in Standing Liberty Quarters, fourth edition, estimates as few as 15 to 25 Full Head specimens remain in Gem or finer condition, which if accurate, would mean the certified population totals are slightly inflated by resubmissions.

    Also contributing to the rarity of Full Head examples was the rather poor quality control at the San Francisco Mint during the period, a problem that would span the duration of the series. As a result, Full Head 1919-S quarters, even when found, are frequently softly struck on the figure of Liberty, the shield, and the eagle's feathers. Cline notes that "a few outstanding pieces exist," but locating one of these can often be even more difficult than affording one.

    The record-setting, Registry-quality representative here offered was the only one of the four certified MS67 Full Head examples to appear at auction for a period of more than two decades, from 1990 to 2013, making a total of four stellar appearances. This is also at least the third time PCGS has encapsulated this one piece, though the former two occasions have correctly been removed from the population reports. Furthermore, Cline, remembering when it crossed the auction block in May 1990, comments on this very coin in Standing Liberty Quarters, fourth edition:

    "The Boys Town Sale MS67 FH was a super piece from the word 'go!' An ultimate Full Head, bright white, and one of the most gorgeous pieces I have ever seen in this series."

    Indeed, we heartily concur.

    Provenance: Boys Town Sale (Superior, 5/1990), lot 3731; Harold Rothenberger Collection (Superior, 2/1994), lot 1360; Pre-FUN Elite (Superior, 1/2004), lot 717; Just Having Fun Collection (Stack's, 11/2012), lot 3118.(Registry values: N10218) (NGC ID# 243D, PCGS# 5733)

    Weight: 6.25 grams

    Metal: 90% Silver, 10% Copper

    Learn more at the Newman Numismatic Portal at Washington University in St. Louis.

    Auction Info

    Auction Dates
    June, 2014
    23rd Monday
    Bids + Registered Phone Bidders: 15
    Lot Tracking Activity: N/A
    Page Views: 1,504

    Buyer's Premium per Lot:
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