Quarters are commonly found in our pockets, but some rare quarters can fetch astonishing amounts at auctions. Certain quarters, often due to minting errors or limited production, have been known to sell for over $200,000. These coins are treasures that can turn into a windfall for collectors. In this article, we will take an in-depth look at some of the most valuable quarters in U.S. history and explore why they are worth so much.
1. 1976 Bicentennial Quarter Struck on Silver Planchet
The 1976 Bicentennial Quarter was issued to celebrate the United States’ 200th anniversary. Most of these quarters were made with a copper-nickel composition, but a few were mistakenly struck on 90% silver planchets that were intended for proof coins.
Why It’s Valuable:
The rarity of these silver Bicentennial quarters makes them extremely valuable. In fact, one such coin sold for an incredible $1.2 million at an auction.
Identification Tips:
- Weight: Silver quarters are heavier than their copper-nickel counterparts.
- Edge: The silver edge is solid, without a visible copper core.
- Mint Mark: Look for the “S” mint mark (though some may not have it).
2. 1932-D Washington Quarter
The 1932 Washington Quarter was minted to honor George Washington’s 200th birthday. Only 436,800 of these quarters were produced at the Denver Mint, making it a rare and valuable coin.
Why It’s Valuable:
The combination of a low mintage and historical significance makes this quarter worth over $200,000 in excellent condition.
Identification Tips:
- Mint Mark: A “D” beneath the eagle on the reverse indicates that the coin was minted in Denver.
- Condition: Coins with little wear are more valuable than worn ones.
3. 1870-CC Liberty Seated Quarter
The 1870-CC Liberty Seated Quarter was minted in Carson City, Nevada. It had an extremely low production of just 8,340 coins, making it a rare find.
Why It’s Valuable:
Due to its scarcity and its connection to the historic Carson City Mint, this coin is a prized possession. Even coins in worn conditions can fetch high prices, while pristine examples have sold for over $200,000.
Identification Tips:
- Mint Mark: The “CC” below the eagle on the reverse indicates it was made at the Carson City Mint.
- Authenticity: Due to counterfeits, it’s recommended to have the coin professionally authenticated.
4. 1901-S Barber Quarter
The 1901-S Barber Quarter is part of the Barber series, which was minted between 1892 and 1916. Only 72,664 of these quarters were produced, making it extremely rare.
Why It’s Valuable:
Its low production rate, combined with its rarity in high grades, makes this coin highly desirable among collectors. In top condition, it can sell for more than $200,000.
Identification Tips:
- Mint Mark: An “S” beneath the eagle indicates the San Francisco Mint.
- Condition: Coins in excellent condition with minimal wear are more valuable.
5. 1796 Draped Bust Quarter (“No Stars” Variety)
The 1796 Draped Bust Quarter is especially unique for its “No Stars” design around Lady Liberty’s bust. This quarter was one of the first quarters ever issued by the U.S. Mint, and only 6,146 were produced.
Why It’s Valuable:
Due to its unique design and being one of the first U.S. quarters, this coin holds significant historical importance. High-grade examples of this coin have sold for as much as $2.16 million.
Identification Tips:
- Design: The obverse of the coin lacks stars around Lady Liberty’s image.
- Condition: The higher the grade, the rarer and more valuable the coin.
Valuable Quarters Summary
Here’s a quick summary of the rare quarters mentioned and their value:
| 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 |
Conclusion
Rare quarters are valuable, and it’s not hard to see why collectors and numismatists are so interested in them. The 1976 Bicentennial Silver Quarter, 1932-D Washington Quarter, and 1796 Draped Bust Quarter are just a few examples of coins that can fetch impressive sums due to their unique characteristics, low mintage, or historical significance. If you have any of these coins in your collection, you could be sitting on a valuable treasure. By understanding the special features and keeping your coins in good condition, you might just find yourself with a fortune in your pocket!
FAQs
1. What makes a quarter valuable?
A quarter becomes valuable primarily due to its rarity, unique features, historical significance, and condition. Coins struck with minting errors, low production numbers, or special designs can increase their worth. For example, a quarter made from silver instead of the usual copper-nickel or one with a rare minting error may be worth much more.
2. How can I identify a rare quarter worth over $200,000?
Mint Mark: Coins minted at specific locations, such as Denver (D) or Carson City (CC), tend to be rarer and more valuable.
Low Mintage: Quarters produced in small numbers are often worth more.
3. What is a “full steps” quarter?
A “full steps” quarter refers to a coin that has complete and clear details of the steps on the reverse side (such as on the Monticello building for some coins). Quarters with full steps are rarer and generally command a higher price, especially if they are in excellent condition.