Just curious...does anyone own a 1916 Standing Liberty Quarter?

Discussion in 'US Coins Forum' started by CoinCorgi, Dec 18, 2023.

  1. CoinCorgi

    CoinCorgi Tell your dog I said hi!

    Please post pictures of your quarter if you own a 1916 Standing Liberty Quarter.

    https://keydatecoins.com/1916-standing-liberty-quarter/

    Production of the original design would commence in the final weeks of 1916 at the Philadelphia Mint. By this time, it was too late to ship the 1916-dated dies to the branch mints or to strike a reasonable number of quarters. Perhaps without realizing it, the Mint created a rarity which would later find much demand from collectors.

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    The single finest known example of the 1916 Standing Liberty Quarter has been graded by PCGS as MS-67+ FH. This narrowly exceeds the grade of five examples graded by PCGS and four examples graded by NGC as MS-67 FH (without the plus). Across the two services, there are approximately 40 coins graded MS-66 FH, followed by approximately 140 coins graded MS-65 FH. There are additionally about 60 examples in grades ranging from MS-65 to MS-67 without the “FH” designation. As always, these figures may be influenced by resubmissions motivated by the large price differences that can exist between grades.

    Eye-appeal is very important when determining the value of 1916 Standing Liberty Quarters. Original toned examples usually sell for a premium. The “FH” or “Full Head” designation, indicating a specimen with fully struck details of Liberty’s hair and face, also drives a significant premium. The highest price paid for a coin of this issue was for an example graded PCGS MS-67 FH with CAC verification, which sold for $195,500 at auction in 2010. Other auction results for NGC coins in the same grade include prices of $97,750 in 2006 and $74,750 in 2007. The highest price realized for a certified example without the Full Head designation was for an NGC MS-67 piece which sold for $40,250 in 2006.

    Because of the low mintage and high demand for this issue, even heavily circulated examples sell for at least a few thousand dollars, with price levels increasing sharply for moderately circulated coins. Many of the lower grade coins will only have a partial date, with some coins only having part of the digit “6” visible.
     
    Last edited: Dec 18, 2023
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  3. Hambone1946

    Hambone1946 Well-Known Member

  4. lordmarcovan

    lordmarcovan 48-year collector Moderator

    I am not so lucky. I shudder to think of what the AU53 in the previous post must have cost.

    There was a fella on Collectors Universe several years ago who made it his business to cherrypick dateless Type 1 SLQs from junk silver, and he was able to cherrypick several (three? four?) dateless 1916 coins by knowing the diagnostics.
     
  5. mbogoman

    mbogoman Active Member

    I have cherry-picked two dateless ones off of Ebay over the years. They both straight graded at PCGS, one went F02, the other AG03. I then re-sold them on Ebay for hefty profits!!
     
  6. lordmarcovan

    lordmarcovan 48-year collector Moderator

    Nicely done.
     
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  7. Coins4Eli

    Coins4Eli Collector of Early American Copper

    I had one that I pulled from a junk silver box. I sent it to PCGS and it came back with AG details. I sold it after a few years for a nice profit. :greedy:
    The money I made from the coin went towards my 1793 large cent.
    I only paid $3.50 for the coin before grading fees.
     
  8. SchwaVB57

    SchwaVB57 Well-Known Member

    I have a few, but cannot prove due to worn smooth, but are type I. I'm sure 1 out of the roll is a 1916.
     
  9. Coins4Eli

    Coins4Eli Collector of Early American Copper

    Post some pictures. Even if they don't have dates there are still diagnostics you can use to find out if they are 1916. My 1916 did not have a visible date because of a large hole in the date area!
     
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  10. CoinCorgi

    CoinCorgi Tell your dog I said hi!

    Thanks for the replies!

    Exactly.
     
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  11. Lon Chaney

    Lon Chaney Well-Known Member

    Here's the diagnostics. Screenshot_20230611-050619_Gallery.jpg Screenshot_20230611-050629_Gallery.jpg
     
  12. lordmarcovan

    lordmarcovan 48-year collector Moderator

    Thanks for sharing that. I knew there was stuff the sharp-eyed cherrypickers look for, but couldn't remember all those diagnostics.

    I'll have to remember that bit about the shield rivets. That seems to be pretty easily distinguished.

    (Not that I come across a lot of dateless Type 1 SLQs to look at.)
     
  13. -jeffB

    -jeffB Greshams LEO Supporter

    Or, as others have posted, not even that.

    Inspired by stories here, I spent many hours trolling through eBay listings looking to cherry-pick one of these from dateless T1 listings. Problem is, there are plenty of other people who know how to do it, too. I never did land one, but they are still out there.

    I've got at least a few dateless T1s tucked away, but I'm pretty confident that none of them show the diagnostics for a 1916.
     
  14. Histman

    Histman Too Many Coins, Not Enough Time!

    I am working on my SLQ collection right now. I know some of the coins carried a good premium and have cost me a couple of hundred just for raw examples. I will have to save up for the '16, as my wife won't allow me to buy it outright. :rolleyes: I get the "THE" key date in each series as a graded coin (1877 IH, 1909-S VDB, 1916-D Dime, 1938-D 3-Legged Buffalo, you get the picture), but this will probably be the most expensive one I pick up. Based on prices though, I may have to go with an ungraded coin that meets the markers and hope to submit it for grading to complete the set. I will tackle the Barbers after I finish this set.
     
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  15. Histman

    Histman Too Many Coins, Not Enough Time!

  16. rte

    rte Well-Known Member

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  17. lordmarcovan

    lordmarcovan 48-year collector Moderator

    The shield rivets and wall lines are easy for me to see.
     
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  18. CoinCorgi

    CoinCorgi Tell your dog I said hi!

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  19. Lon Chaney

    Lon Chaney Well-Known Member

    Secrets of the Dateless SLQ Club revealed!
     
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  20. Mr.Q

    Mr.Q Well-Known Member

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  21. johnmilton

    johnmilton Well-Known Member

    I bought and sold one when I was dealer. It had EF sharpness, but it had been cleaned. In those days, all you got was a body bag when you sent such a coin to PCGS or NGC. I sent it to ANACS.

    Unlike the 1909-S-VDB Cent, the 1916 Standing Liberty quarter is really a scarce coin.
     
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