422

Lot 422 - 1919-S Liberty Standing Quarter Dollar PCGS MS66

Currency:USD Category:Coins & Paper Money Start Price:2,500.00 USD Estimated At:5,000.00 - 6,000.00 USD
Lot 422 - 1919-S Liberty Standing Quarter Dollar PCGS MS66
1919-S Liberty Standing Quarter Dollar PCGS MS66. Nearly full head detail on this remarkably sharp strike 1919-S quarter. An unquestioned Gem with vibrant, naturally toned surfaces and a crisp strike. The strike as keen as a razor on body and shield areas, for instance, while even the small rivets show, although a few of them are flattened along the lower curve as always.

There are several explanations possible as to why the 1919-S Quarter (and its Denver counterpart) is so scarce. Two of these are: first, mintage had reached unprecedented levels during the prosperous wartime years of 1917-8. As an inevitable reaction fewer new coins were required in 1919, since there was a superabundance of war coinage still circulating. A second possibility revolves around the plummeting agricultural prices from their unsustainable 1919-20 highs (again, a result of World War I). Western farming states especially entered upon a period of slowing activity; and slow activity translates into low demand for coinage from the mints to supply the banks. (1921 and 1922 are seen as the low point in this activity.) (#5732)