1916 Standing Liberty Quarter, J-1989 pattern, graded NGC PF 61. Image courtesy of Numismatic Guarantee Corporation.

NGC has certified an extremely rare pattern 1916 Standing Liberty Quarter. Graded NGC PF 61, it is only the third known example in existence.

The coin was originally graded by another third-party grading service, which had identified it as a regular 1916 Standing Liberty Quarter. The error went undetected until a sharp-eyed numismatist at Heritage Auctions noticed that the design differed from the regular issue. It was then submitted to NGC, which verified the discovery.

This pattern (J-1989) differs from the regular 1916 Standing Liberty Quarter in two major ways: It is missing the designer’s initial, “M,” to the right of the date, and it has a different-style olive branch near the “L” in “LIBERTY.”

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