1923-S 25C Standing Liberty Quarter Dollar PCGS MS-64 Full Head CAC

Category: 25C Standing Liberty Quarter Dollar

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CAC. A key-date Standing Liberty quarter in dazzling near-Gem quality. San Francisco coined only 1,360,000 pieces—the lowest S-mint raised-date total in the series—and almost none were set aside. PCGS estimates roughly 8,000 survivors in all grades; by the late 1930s dealers were already listing the date as “Wanted to Buy.” The high pedestal date wore quickly, so many circulated examples are weak or incomplete. Strikes from this mint are typically soft at Liberty’s head and the shield rivets. J.H. Cline put Full Head frequency at about 5 percent of the issue; PCGS estimates only some 450 Full Head coins across all grades.


This piece stands apart from that usual product. Brilliant, lustrous surfaces show a touch of the palest pearly-silver and gold tone. Sharply struck devices stand out and are framed with a rich glowing luster. The eye appeal is great, and we see no reason why this coin is not graded higher (no guarantees it ever will). CAC has stickered a total of 54 coins in all grades, with 10 of those in the present grade of MS-64. At public auction we note only five examples having sold between Stack’s Bowers, Heritage, and Legend—and three of those were for the same coin, just appearing in different years.

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