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1921 SLQ Value Vs. Mintage

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Bilbo's Avatar
United States
812 Posts
 Posted 09/11/2007  4:23 pm Show Profile   Bookmark this topic Add Bilbo to your friends list Get a Link to this Message Number of Subscribers
Does anyone know why a 1921 Standing Liberty quarter has approximately twice the value of 1919-D and 1919-S quarters in circulated grades? The mintages are comparable. The date was raised on both, so was just as likely to wear away. I'd expect very similar values. (As usual, there is not a very strong correlation between what I expect and what is.)
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hunter20ga's Avatar
United States
1173 Posts
 Posted 09/11/2007  5:43 pm  Show Profile   Bookmark this reply Add hunter20ga to your friends list Get a Link to this Reply
I have no specific information on this series, but it always boils down to supply and demand. I can only assume that there are relatively few examples of this date compared to the others. Not every coin minted gets released into circulation...and then some coins are pulled from circulation and melted down into bullion when they become too worn. It may be that more of the 1921's were released into circulation sooner and circulated longer, making good examples of high quality circulated coins scarce. Or maybe the mint had real troubles that year with quality of strike?

Someone with more specific knowledge will likely come along and enlighten us both.

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