Coin collecting is not only a fascinating hobby but can also prove to be extremely rewarding. Some rare coins, particularly certain quarters, are worth far more than their face value. Among these prized treasures is the U.S. Bicentennial quarter, minted in 1976 to commemorate the nation’s 200th anniversary. Recently, one of these quarters sold for nearly $350,000 at auction, sparking interest among collectors worldwide. In this article, we will explore the reasons behind this hefty price tag and highlight six more quarters worth over $5,000 that you should keep an eye out for!
Rare Bicentennial Quarter Worth Nearly $350,000
The Bicentennial quarter, featuring a unique design of a colonial drummer on the reverse, was minted in large quantities in 1975 and 1976. However, what makes this particular coin so valuable is its minting error and pristine condition. The quarter that fetched nearly $350,000 was a special minting variety struck on a silver planchet instead of the usual copper-nickel. Additionally, the coin was graded at the highest level, “MS-67,” by the Professional Coin Grading Service (PCGS), marking it as almost flawless.
Six More Quarters Worth Over $5,000
Here are six additional quarters that can fetch impressive sums:
1. 1916 Standing Liberty Quarter
Known for its rarity, the 1916 Standing Liberty Quarter is valued at around $7,000, even in lower grades. With fewer than 52,000 minted, it is a coveted piece for collectors.
2. 1932-D Washington Quarter
With only 436,800 quarters minted in Denver in 1932, this quarter can be worth over $5,000 in high-grade uncirculated condition.
3. 1932-S Washington Quarter
Another key date for Washington quarters, the 1932-S was minted in San Francisco and is just as rare as its Denver counterpart. Prices range from $1,000 to over $5,000.
4. 1950-D Washington Quarter (Double Die Obverse)
A double die error on the obverse side makes this quarter extremely rare. If found in excellent condition, it can be worth more than $10,000.
5. 1965 Washington Quarter (Silver Planchet Error)
Although quarters transitioned to a copper-nickel blend in 1965, a few were mistakenly struck on leftover silver planchets. These error coins can be worth over $7,000.
6. 1970-S Washington Quarter (Proof)
This proof quarter, mistakenly struck on a 1941 Canadian quarter, is an error coin sought after by collectors. It has been sold at auction for more than $30,000.
FAQs
What makes the Bicentennial quarter so valuable?
The $350,000 Bicentennial quarter was struck on a silver planchet instead of the typical copper-nickel, and its flawless condition significantly increased its value.
How can I tell if my quarter is valuable?
Look for key factors such as mint errors, rare dates, silver content, and coin grading conditions. Consulting a professional grading service can help determine its value.
Where can I sell my rare quarters?
You can sell rare quarters at coin auctions, online marketplaces, or through reputable coin dealers specializing in rare U.S. coins.
How do I check the grade of my coin?
Have your coin evaluated by a professional grading service like PCGS or NGC to determine its official grade and potential value.
Are all Bicentennial quarters valuable?
While most Bicentennial quarters are not particularly valuable, certain errors or silver versions in high grades can be worth thousands or more.
Conclusion
The world of coin collecting is rich with history and potential rewards. Whether you’re a seasoned collector or just beginning, understanding the factors that contribute to a coin’s value can help you uncover hidden treasures in your collection. Keep an eye out for these valuable quarters, as they may hold significant worth far beyond their face value!
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