Watch Exclusive Video as David Hall Talks About The Malibu Collection of Standing Liberty Quarters
The Malibu Collection of Standing Liberty Quarters is the No. 2 Ranked Set on the PCGS Registry
The Collection Will be Auctioned on Thursday, November 4, 2010, During Session Two of Bowers and Merena's Official Baltimore Auction
Click Here to watch David Hall's Introduction to the Malibu Collection of Standing Liberty Quarters
Bowers and Merena is pleased to offer The Malibu Collection of Standing Liberty Quarters as a highlight of our Official November 2010 Baltimore Auction. Designed by Hermon A. MacNeil during an era in which the United States Mint created some our nation’s most artistically advanced and beautiful coins, the Standing Liberty Quarter debuted at the end of 1916 with a mintage of just 52,000 pieces from the Philadelphia Mint. The Mint continued to tinker with the basic Standing Liberty design through mid 1917, mostly in an effort to improve the striking quality but also to still public criticism over the fact that the original designs used in 1916 and early 1917 left Liberty’s breast exposed. One final design change was incorporated in 1925 when the date at the lower-obverse border was placed in recess to make it less susceptible to wear. The last Standing Liberty Quarters were struck in the Philadelphia and San Francisco mints in 1930.
Few Standing Liberty Quarter issues were produced in truly large numbers, and the series as a whole circulated extensively well into the 1950s. The result is that many individual issues are very scarce-to-rare even in lower Mint State grades. Compounding the challenges facing the collector seeking to assemble a high-quality set is that, despite the Mint’s repeated efforts to improve the design, the Standing Liberty Quarter proved very difficult to strike. Most examples lack full definition to Liberty’s head—some issues such as the 1919-D, 1926-D and 1927-S are exceedingly rare with Full Head definition—and other elements of the design such as the shield and the eagle’s breast also tend to be poorly struck. Given such formidable obstacles as these, it is a testament to the skill and determination of the owner of The Malibu Collection that he was able not only to complete his Standing Liberty Quarter set, but to do so using only high-grade coins having a Full Head strike—many of which rank among the finest known for their respective issues.
The Malibu Collection was formed by a Southern California corporate lawyer with a strong passion for Standing Liberty Quarters. The set represents the culmination of a 25-year search for the finest-quality Standing Liberty Quarters, the owner continually upgrading and replacing individual coins as better examples became available in the market.
The owner of The Malibu Collection first became interested in coins at a young age when, on summer weekend trips to Lake George in upstate New York with his father in the early 1960s, he often was permitted to sift through cash register change drawers at gasoline service stations and general stores along the back-country roads winding through the region, hunting for early 20th century obsolete coins that then could still be found in circulation. On one such trip when he was seven or eight years old, our consignor remembers finding a 1916 Standing Liberty Quarter, heavily worn but with a discernible date. That treasure went into a quart-sized jam jar together with the other Walking Liberty Halves, Standing Liberty Quarters, Mercury Dimes, Buffalo Nickels and Indian Cents he pruned from circulation as a child. Only years later did he recognize the coin as a key-date rarity. He still carries that quarter as a remembrance of his father and of a simpler place and time, and attributes to the coin his enduring fondness for the Standing Liberty Quarter series.
Temporarily setting his passion for coins aside to focus on his education and career, our consignor graduated from both Cornell University and Harvard Law School. In his 30s he returned to the hobby, this time intent on building a set of Gem-quality Standing Liberty Quarters that would eventually develop into one of the finest sets ever assembled. He has succeeded in this endeavor, as The Malibu Collection is an important collection that is now ranked #2 on both the All-Time and Current Finest PCGS Set Registries in the category of Standing Liberty Quarters FH Basic Set, Circulation Strikes (1916-1930). The set is 100% complete in Full Head with a set rating of 67.92 and includes numerous top-of-the-pop strike and condition rarities. A few of the stand-out highlights are:
• 1916 MS-67 Full Head (PCGS), Pop: 2/1
• 1919-D MS-66+ Full Head (PCGS), Pop: 1/0
• 1920-S MS-66 Full Head (PCGS), Pop: 5/0
• 1926-D MS-66 Full Head (PCGS), Pop: 10/1
• 1926-S MS-66 Full Head (PCGS), Pop: 10/0
• 1927-S MS-65+ Full Head (PCGS), Pop: 1/2
The pages in the November 2010 Baltimore catalog present The Malibu Collection of Standing Liberty Quarters in its entirety, and we encourage interested bidders to spend considerable time viewing these coins and preparing their bids. Once these important coins are sold it may be many years before the opportunity to acquire another high-grade example becomes available.
Concurrent with building his Standing Liberty Quarter set, the owner of The Malibu Collection also started building sets of other U.S. coin series, including Seated Liberty Half Dollars and Silver Dollars. The other coins from The Malibu Collection are also being offered in this catalog within their respective series.
Bowers and Merena is extremely proud to have been chosen as the auctioneer of The Malibu Collection. It ranks as one of the most important collections that we have ever sold in our capacity of Official Auctioneer of the Whitman Coin & Collectibles Baltimore Expo.