The 1919-D is one of the most challenging quarters of this design type to locate in the finer Mint State grades. The mintage is only 1,944,000 coins, and contemporary collectors seem to have preferred the identically dated San Francisco Mint quarter. When offered in today's market, this Denver Mint issue is apt to be worn to one degree or another. The Mint State survivors that do turn up seldom display Full Head definition. There is a good reason for this -- no more than 1% of the mintage is believed to have been produced with enough care to secure an FH designation from the two leading certification services. This estimate is per J.H. Cline (2007), who also opines that the 1919-D is actually rarer than the more highly publicized, key date 1916.

The example to the left was sold by Stack's Bowers Galleries in the D. Brent Pogue Part VII Sale, where it realized $114,000.