SOLD
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This item SOLD at 2007 Jan 04 @ 00:25UTC-5 : EST/CDT
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<B>1918/7-S 25C MS65 NGC.</B></I> FS-008.5. While the famous and low-mintage 1916 is traditionally regarded as the key to the Standing Liberty series, examples of this classic rarity must have been saved, since Gems are usually available, although at a formidable cost. The 1918/7-S, on the other hand, has not been certified above the MS64 level with a Full Head. A few Gems are known without Full Head definition, the present piece among them. It is not surprising that Gems are very rare for the 1918/7-S, since the variety was not reported until 1937, and the regular 1918-S has a high production of over 11 million pieces. Those collectors not distracted by World War I or an influenza epidemic may have set aside a Mint State example or two, but these were unlikely to be from the single overdated die. Similar to the 1918/7-D Buffalo Nickel, the variety was caused when two obverse hubs with different dates were used to create a single obverse working die. Technically, the variety should be designated as 1918/1917-S, and it is in fact listed as such in Breen's Encyclopedia.<BR> This highly lustrous Gem is nearly brilliant, although hints of apricot color are noted in selected areas. The surfaces are beautifully preserved, and are only disturbed by moderate mint-made clash marks, which are diagnostic of the issue. Several letters in E PLVRIBVS, for example, are detected near Liberty's knees. The all-important date is well struck; the center of Liberty's head and the shield rivets near her waist possess typical definition. The opportunity to acquire a Gem 1918/7-S quarter does not regularly arrive, and it may be years until a Gem of equal quality appears at auction. Census: 4 in 65, 2 finer (11/06).<BR><I>From The James Paul Collection.</B></I><BR><BR><b>Shipping:</b> Coin/Currency (<a target="_blank" href="http://www.heritageauctions.com/common/shipping.php">view shipping information</a>)
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