While most quarters simply jingle in our pockets as loose change, certain rare specimens have been known to fetch extraordinary sums at auctions, sometimes exceeding $200,000. These coins, often the result of minting errors or limited production runs, have captivated collectors and numismatists alike. Here’s a closer look at some of the most valuable quarters in U.S. history.
1. 1976 Bicentennial Quarter Struck on a Silver Planchet
Value: Up to $10 Million
The 1976 Bicentennial Quarter was released to commemorate the U.S. bicentennial, but some of these quarters were mistakenly struck on 90% silver planchets meant for proof coins, rather than the usual copper-nickel composition.
Why It’s Valuable: The rarity of these silver strikes has made them incredibly valuable. One of these rare quarters sold for $1.2 million at auction.
How to Identify It:
- Weight: Silver quarters are slightly heavier than their copper-nickel counterparts.
- Edge: A solid silver edge without a visible copper core.
- Mint Mark: Most have the “S” mint mark, though some may not.
2. 1932-D Washington Quarter
Value: Over $200,000
The Washington Quarter was first minted in 1932 to honor George Washington’s 200th birthday, but only 436,800 were struck at the Denver Mint, making this coin extremely rare.
Why It’s Valuable: Its limited mintage and historical significance have made it highly prized. Coins in great condition can sell for well over $200,000.
How to Identify It:
- Mint Mark: A “D” beneath the eagle on the reverse indicates it was struck in Denver.
- Condition: Coins with little wear are the most valuable.
3. 1870-CC Liberty Seated Quarter
Value: Over $200,000
Minted at the Carson City Mint in Nevada, the 1870-CC Liberty Seated Quarter had a minuscule mintage of just 8,340 coins.
Why It’s Valuable: The quarter’s low mintage and association with the historic Carson City Mint make it a rare treasure. Even coins that are worn can fetch high prices, and pristine examples can go for more than $200,000.
How to Identify It:
- Mint Mark: The “CC” beneath the eagle on the reverse signifies it was minted in Carson City.
- Authenticity: Due to counterfeit issues, it’s recommended to have the coin professionally authenticated.
4. 1901-S Barber Quarter
Value: Over $200,000
The 1901-S Barber Quarter, part of the Barber series minted from 1892 to 1916, had a low mintage of just 72,664 coins.
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Why It’s Valuable: The scarcity of this coin, especially in high grades, makes it highly desirable. Well-preserved coins can fetch prices upwards of $200,000.
How to Identify It:
- Mint Mark: A small “S” below the eagle on the reverse indicates it was minted in San Francisco.
- Condition: Coins with minimal wear are far more valuable.
5. 1796 Draped Bust Quarter (No Stars Variety)
Value: Up to $2.16 Million
The 1796 Draped Bust Quarter, one of the first quarter designs ever issued by the U.S. Mint, is notable for its “No Stars” variety. Only 6,146 were minted.
Why It’s Valuable: As the first-ever U.S. quarter and with a unique design, this coin is a cornerstone for collectors. High-quality specimens have sold for as much as $2.16 million at auctions.
How to Identify It:
- Design: The obverse lacks stars surrounding Lady Liberty.
- Condition: Pristine coins of this variety are incredibly rare and highly valuable.
Quick Reference to Some of the Most Valuable Quarters
| Quarter | Mintage | Unique Feature | Approximate Value |
|---|---|---|---|
| 1976 Bicentennial Silver Quarter | Unknown | Struck on silver planchet | Up to $1.2 million |
| 1932-D Washington Quarter | 436,800 | Low mintage | Over $200,000 |
| 1870-CC Liberty Seated Quarter | 8,340 | Carson City Mint origin | Over $200,000 |
| 1901-S Barber Quarter | 72,664 | Low mintage | Over $200,000 |
| 1796 Draped Bust Quarter (“No Stars”) | 6,146 | No stars on obverse | Up to $2.16 million |
Finding a rare quarter can be both thrilling and financially rewarding. By learning to identify the unique features that make these coins valuable, you might just stumble upon a hidden treasure in your collection.
Frequently Asked Questions
1. How can I tell if my quarter is valuable? Look for unique features such as mint marks, errors, or unusual compositions. For a more accurate assessment, consider consulting a professional coin appraiser.
2. What is a mint mark, and where can I find it on a quarter? A mint mark indicates the U.S. Mint facility where the coin was struck. It is usually located on the reverse side beneath the eagle or near the date on newer coins.
3. Are all old quarters valuable? Not necessarily. Age plays a role in a coin’s value, but rarity, condition, and unique features are more important factors.
4. How should I preserve a valuable quarter? Store your coin in a protective holder, avoid touching it with your bare hands, and keep it in a climate-controlled environment to prevent damage.
5. Where can I sell a rare quarter? Reputable coin dealers, auction houses, or online numismatic platforms are good places to sell rare coins. Be sure to have your coin professionally appraised before selling it.