Description
GEM MOSTLY WHITE LUSTROUS SURFACES. FIRST YEAR FO ISSUE. In order to complete its plans for redesigning the Dime, Quarter and Half Dollar in the same year (as well as to satisfy the 25-year "requirement" for coinage redesign as stipulated by the Act of September 26, 1890), the Mint struck 52,000 examples of the new Standing Liberty Quarter from December 16-31, 1916 even though officials were not completely satisfied with the design. All of these coins were produced in the Philadelphia Mint, and they were not released until early the following year at the same time as the first 1917 Type I pieces. As a 20th century issue with such a limited original mintage, the 1916 is an undeniably popular coin at all levels of preservation. Survivors are the most eagerly sought Standing Liberty Quarters in today's market, surpassing even those of the elusive 1918/7-S.