Coin Specifications

Category: Standing Liberty Quarters (1916-1930)
Mint: San Francisco
Mintage: 2,644,000
Obverse Designer: Hermon A. MacNeil
Reverse Designer: Hermon A. MacNeil
Composition: Silver
Fineness: 0.9000
Weight: 6.2500g
ASW: 0.1808oz
Melt Value: $3.09 (10/21/2017)
Diameter: 24.3mm
Edge: Reeded
Link to this coin

1928 S 25C MS obverse 1928 S 25C MS reverse


  
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Description & Analysis

Production of quarter dollars at the San Francisco Mint returned to a normal level in 1928, after the drastic dip of the previous year. It's evident that several rolls of 1928-S must have survived as late as the 1960s or '70s, as this issue is rather plentiful in Mint State. Gems are quite common, though nearly all of these have mediocre strikes. An overall weakness at the centers is typical, and Full Head specimens are scarce, though not truly rare. As with 1928-D, the scarcity of XF and AU examples has not resulted in high prices for the simple reason that MS coins are so available.

The Small S mintmark typical of San Francisco coins made from 1917 through 1941 is slightly more scarce than the Large S also used in 1928 alone for several denominations. Jay Cline seems to have overstated the rarity of the Small S, and neither variety carries a premium. The Large S is of a style used 30-40 years earlier, and why it was applied to several dies in 1928 is unknown. The Large S dies were used in the second half of the year, and the greater availability of this variety suggests that most 1928-S quarters were likewise coined late in the year. For all other denominations the Small S is more common, and no nickels are known with the Large S.

NGC will attribute these mintmark varieties under its VarietyPlus Service, and one of the Large S dies features a repunched mintmark.

GRADE SUMMARY

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Price Guide

Last Updated: 5/5/2017

Click on a price to see historical prices, comparison charts and trends.

1928 S 25C MS
  GVGFVFXF505355586061626364656667686970
Base $ 7.50 8.50 9.50 17.00 37.00 75.00 80.00 90.00 125 135 150 175 245 340 480 675 2300 - - -
$ - - - - 130 - - - - 350 500 850 3500 -
1928 S 25C MS Full Head
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - 90.00 100.00 115 155 205 245 310 400 675 1150 1950 8450 37500 - -
$ - - - - - - - - - 700 1250 2250 22500 -

NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 1463
Low Grade: PrAg
Average Grade: 63
High Grade: 68


Upcoming Auctions

A random selection of NGC coins is shown below.

Images
Date
Grade
Auction House
Sale / Lot
11/4/2017 MS 65  Full Head Heritage Auctions 2017 November 2 - 4 US Coins Signature Auction - Dallas Session(5), 1261/Lot# 19602


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
9/9/1996 NGC MS 65   Teletrade Auction 0874, 874/Lot# 1363 $305.20
9/10/2006 PCGS MS 64   Goldberg September 10-13, 2006 Pre-Long Beach Coin and Currency Auction, 37/Lot# 130 $356.50
5/12/2013 PCGS MS 65   David Lawrence Rare Coins Internet Auction # 751, 760/Lot# 638 $525.00
5/26/2013 NGC MS 66   Heritage Auctions Internet Coin Auction Session(1), 131323/Lot# 28128 $505.25
10/27/2013 PCGS MS 63   GreatCollections GreatCollections Coin Auctions 10/27/2013, 98/Lot# 148015 $176.00
3/31/2015 PCGS MS 63   Stack's Bowers March 2015 Baltimore, 6065/Lot# 32909 $199.75
  NGC MS 65   Full Head Bonhams $643.00
5/7/2017 PCGS MS 64   Heritage Auctions Internet Coin Auction Session(2), 131720/Lot# 25407 $252.63


NGC Registry

NGC Registry Score 1928 25C MS S Full Head
 PrAgGVGFVF4045505355586061626364656667686970
Base33333312724428832036038940142343979311861907399163331490826788
33333441662582983333693934084285579241426260147719191188680
000000166258298333369393408428557924142626014771919100
00000020527330934637939741543367510551666329655521204900
1928 25C MS S
 PrAgGVGFVF4045505355586061626364656667686970
Base3333331062092482753113363453663815398471173291047931075919270
3333337140222257287319339352371433641955175235376781135960
00000014022225728731933935237143364195517523537678100
000000174235266299327342359376486744106423314165877000
Registry Image Gallery
Grade: MS 67 FH
Points: 3991
Owner: JMWorlock
 
Grade: MS 67
Points: 2910
Owner: JMWorlock
 
View the Registry Image Gallery

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