May 26-27, 2003, The Dr. Jacob Terner Collection, Sale 20
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U. S. Coins

Liberty Standing Quarter Dollars

Frosty Gem Full Head 1916 Quarter Dollar

Lot 1604
1916. NGC graded MS-65 Full Head. The key date of the Standing Quarter series, here in a frosty white incarnation. This one boasts a full head, pure white surfaces, and a blush of golden toning around the reverse rim. Not far from the very top of the condition ladder -- NGC has graded only 26 examples in MS-65 FH, along with 9 in MS-66 FH, and 1 in MS-67 FH.

Was the partially nude Liberty on the 1916 and 1917 Quarters the cause of a great public outcry that forced a design change in 1917, as many numismatic authors have proposed in the past? It seems not -- recent research has failed to bring any complaints to light. Rather, the change appears to have been made for technical and purely artistic reasons. Yes, we all love a good story, but in this case, the reality isn't nearly as exciting as the fantasy! Nevertheless, the 1916 Standing Liberty Quarter remains the stuff of dreams for most collectors. This is your chance to acquire a top-notch example.
Estimated Value $11,000-12,000.

Lot 1605
1917. Type 1. PCGS graded MS-66 Full Head. A well struck, sparkling white gem specimen. Perfect for a high grade type set.
Estimated Value $1,250-1,350.

Lot 1606
1917. Type 1. PCGS graded AU-50.
Estimated Value $120-130.

Lot 1607
1917-D. Type 1. PCGS graded MS-67. Wonderful, rainbow toning on both sides. The strike is about 80-90% of capacity, meaning that the head is just shy of being fully struck. Tied for finest NGC graded, non-Full Head example of the date, thus representing excellent value for you, the bidder. To put this piece in context, NGC has graded only 48 MS-67 Type 1 Quarters, including Full Head examples of all the 1916 and 1917 date and mint combinations. Thus, the demand for this coin is very high. Color photo.
Estimated Value $4,000-4,500.

Lot 1608
1917-D. Type 1. NGC graded MS-66 FH. Beautiful, gold and greenish pastel toning on both sides. The strike is complete and full, including on the all-important head of Liberty and even on the rivets of the shield. A delightful coin to view and own.
Estimated Value $1,300-1,500.

Choice Uncirculated 1918-S, 8 over 7 Quarter

Lot 1609
1918-S, 8 over 7. PCGS graded MS-63. A very choice example of this very rare overdate. Frosty white, with no trace of color or toning on either side. The head has a decent strike for this die, with two of the leaves visible on Liberty's head. PCGS lists 21 in this grade, with only 30 finer, so there will be a lot of competition for this desired coin. The overdate feature is sharp and the 7 is clear under the 8 of the date. An important American rarity.
Estimated Value $18,000-21,000.

Lot 1610
1924-D. NGC graded MS-67. A lightly toned frosty mint gem. The head is about half full and the shield is missing a couple of rivets, nonetheless, the lustrous surfaces are absolutely pristine.
Estimated Value $800-900.

Lot 1611
1927. PCGS graded MS-65 Full Head. A splendid, fully lustrous example.
Estimated Value $550-600.

Lot 1612
1927. PCGS graded MS-65. Premium Quality. Completely covered in a thin blanket of lilac color. A truly outstanding piece that falls just shy of the Full Head category (even Liberty's ear hole is present).
Estimated Value $300-350.

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