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The Rare 1921 Standing Liberty Quarter

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 Posted 05/27/2021  09:29 am Show Profile   Bookmark this topic Add CCFPress to your friends list Get a Link to this Message
PCGS - When the topic of key-date Standing Liberty quarters comes up, one's mind often turns to the iconic 1916 Standing Liberty quarter, noted by many numismatic experts as among the most important rarities of the 20th century. With its mintage of just 52,000 pieces and prices starting at over $3,000 in a grade of PCGS G4, it's not hard to see why the 1916 Standing Liberty quarter has deservedly earned such fame; its status as a rare first-year issue for this series designed by Hermon A. MacNeil also helps. But there's another rare and significant Standing Liberty quarter that keeps series enthusiasts on their toes, and that is the 1921.

Standing Liberty Quarter, 1921 25C, FH, PCGS MS67FH

To a collector whose expertise falls beyond Standing Liberty quarters, the 1921 "Standing Lib" might not stand out as a landmark rarity on the surface. Its seven-figure mintage of 1,916,000 certainly doesn't scream "key date," but that's where such assumptions would quickly end. The year 1921 lent to the creation of many rarities in United States coinage due to a post-World War I recession that mitigated the need for high coinage outputs by the U.S. Mint that year. Many series, including the mass-produced Lincoln Cent, saw relatively scant numbers in 1921. The quarter, a workhorse coin in the nation's commerce seemingly forever, saw extensive use in the early 1920s - a time when few American collectors were setting aside modern U.S. coins by date anyway.

There may be many tens of thousands of 1921 Standing Liberty quarters out there, but we'll never know it. Why? Because until 1925, the date on the obverse of the coin was placed in a proud position atop the pedestal upon which Miss Liberty strikes her pose. This means the date wore off to oblivion in short order in circulation, and it appears such was the case for the vast majority of 1921 Standing Liberty quarters. PCGS estimates approximately 10,000 examples of the 1921 Quarter exist with verifiable dates, though most of the known survivors are in lower circulated grades.

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 Posted 05/27/2021  11:42 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Great presentation, thanks!
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 Posted 05/28/2021  08:14 am  Show Profile   Bookmark this reply Add Winesteven to your friends list Get a Link to this Reply
Great article. No one reading the post should ignore reading the "extension" - "Read the entire Article".

I'm currently working on putting together a Standing Liberty Full Head DATE set (doing the date set makes the task possible to accomplish, since I only need one coin for each date, and can avoid the Branch mints if I choose). While I have a lovely 1916 Full Head, the key date, I have not yet found a 1921 Full Head in ANY grade where I like the eye appeal. The hunt goes on......
A day without fine wine and working on your coin collection is like a day without sunshine!

My collecting "Pride & Joy" is my PCGS Registry Dansco 7070 Set:
Edited by Winesteven
05/28/2021 08:15 am
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