1916-30 QUARTER DOLLAR
STANDING LIBERTY

Image courtesy of Heritage Numismatic Auctions

This historical information is provided complements of NGC (Numismatic Guarantee Corporation). NGC is the "grading service of choice" of the ANA (American Numismatic Association), the largest collector oriented organization in the United States. NGC is one of the two largest independent grading services. NGC has been grading coins since 1987, and have graded in excess of two and one half million coins.

The year was 1916. World World I was raging in Europe, and the political climate in the United States was definitely guarded. Nine years earlier, President Theodore Roosevelt had initiated using Classical design motifs for our gold coins, and now, as the Coinage Act of 1890 had authorized, it was time to change the smaller silver coins. U.S. Mint Chief Engraver Charles Barber's "uninspired" design had marked the quarter, dime and half dollar for the preceding quarter century, and the public was ready for something different. It was the perfect opportunity to issue a coin that, as a contemporary government report put it, "was intended to typify in a measure the awakening interest of the country to it's own protection."

Thus, the Standing Liberty quarter was born. As was the case with the other new coinage, a competition was held to select the design. The artist chosen was a prominent sculptor of the day, Hermon Atkins MacNeil, who was known for his works dealing with Indians and American history, particularly on public buildings and monuments. MacNeil's obverse design features a frontal view of Liberty, a portrayal reminiscent of ancient Greek sculpture, with an olive branch of peace in her right hand. Her left arm is raised, holding a shield in a posture of protection. A mixed message certainly, but one that told our European neighbors we were ready for anything, peace or war. The inscription LIBERTY is at the top of the obverse, with the motto IN GOD WE TRUST flanking the figure of Liberty and the date below. The reverse, as mandated by law, depicts an American eagle, here shown in full flight, with the legend UNITED STATES OF AMERICA and motto

E PLURIBUS UNUM, above, and the denomination QUARTER DOLLAR below. The final product seems to reflect the influence of Augustus Saint-Gaudens, who was the most famous sculptor of the time and a mentor some years earlier for Mr. MacNeil.

The first coins came off the presses December 16, 1916, and the series continued through 1930, during which time over 226 million coins were struck at three different mints: Philadelphia (no mintmark), San Francisco (S), and Denver (D). The mintmark can be found just to the left of the date, while the designer's initial M is to the right. No coins were struck in 1922, and no proofs were authorized, although several satin-finish proofs of 1916 and 1917 are reported to exist.

There are two major design varieties of Standing Liberty quarters, Type 1 and Type 2. Type 1 was issued for only two years, 1916-1917, as there was quite an uproar about Miss Liberty's "bare breast." The coin was called "obscene" in some circles. In 1917, the design was modified, and the breast was from then on covered with chain mail. Type 2, issued from 1917 through 1930, was substantially reworked, but the most evident changes were the repositioning of the stars on the reverse along with the chain mail on Miss Liberty mentioned earlier. The design also had a minor change in 1925, which some consider a sub-type. It seems that the date area was raised on earlier coins so that the date wore off too rapidly. To remedy this situation, the date area was recessed for all further coinage.

When grading this design, the points to inspect carefully on the obverse are Liberty's right knee and the center of the shield. On the reverse, the eagle's breast and left wing will first show wear. Coins graded "full head" are much scarcer than those without, but this classification has more to do with the quality of the strike than with grade. To qualify for this designation, the coin must exhibit the following three features: three leaves in Liberty's hair must be totally visible, the hairline along Liberty's brow must be complete and the ear indentation must be evident. Collectors will pay substantially more for these fully struck specimens.

As one of our most beautiful coin designs, the Standing Liberty quarter is very popular with collectors today. The series is collected by date and mint or as part of a complete, a 20th century or a quarter dollar type set. Unlike many issues, it is still possible to complete a full set in uncirculated conditiona valuable treasure that very few people ever have the pleasure of owning. Assembling such a collection will allow you to experience the countless hours of enjoyment that numismatics has to offer.

One of the key dates for the series is the Type 1 issue dated 1916. With a mintage of only 52,000, it has always been sought by collectors. However, it does exist in larger numbers than one would expect, because as with any new design, people tended to save coins when first issued. An original roll, although expensive, was still available as late as the 1950s.

The rarest Standing Liberty quarter is a Type 2 issue, the famous 1918/7-S overdate. Created when a previous year's dies were improperly prepared, the error was not discovered by numismatists until a number of years later, long after most of the coins had entered circulation. This coin is rare in all grades, but extremely so with a full head in the higher ranges of mint state. Mintage figures for this interesting variety are unknown, but obviously miniscule. For years, one saw many otherwise complete sets that lacked only the overdate. It's literally one of the most desirable collector coins of the 20th Century.

Other less rare but still challenging dates in high grade are 1920-S, 1926-S and the toughest date to find in full head, 1927-S. No coins in this series can actually be called common in gem condition, but 1917 Type 1 and 1930 appear in full-head gem uncirculated condition most frequently. Many other issues are periodically available in gem condition, but not very often with a full head.

Although only in production for fifteen years, the Standing Liberty quarter was to suffer an early demise. 1932 marked the 200th anniversary of George Washington's birth, and in commemoration Congress conceived the Washington quarter. This was the first regular issue silver coin to bear a likeness of a president. Although no longer made in silver for circulation, the Washington quarter is still being minted today.

SPECIFICATIONS:

Diameter: 24.3 millimeters
Weight: 6.25 grams
Composition: .900 silver, .100 copper
Edge: Reeded
Net Weight: .18084 ounce pure silver

BIBLIOGRAPHY:

Bowers, Q. David, United States Dimes, Quarters and Half Dollars, Bowers and Merena Galleries, Wolfeboro, NH, 1986.

Breen, Walter, Walter Breen's Complete Encyclopedia of U.S. and Colonial Coins, F.C.I./Doubleday, New York, 1988.

Cline, J.H., Standing Liberty Quarter Dollars (Revised), J.H. Cline, Palm Harbor, FL, 1986.

Vermeule, Cornelius, Numismatic Art in America, The Belknap Press of Harvard University Press, Cambridge, MA, 1971.