Rare Bicentennial Quarter Could Fetch Up to $350,000: Find Out How!
Coin collecting is a captivating hobby that offers not just enjoyment but also the potential for significant financial rewards. Many collectors find that certain rare coins, particularly quarters, can command prices far exceeding their face value. One standout example is the U.S. Bicentennial quarter, minted in 1976 to celebrate the nation’s 200th anniversary. Recently, a rare specimen of this coin sold for nearly $350,000 at auction, igniting excitement among collectors around the globe. Let’s delve into what drives the value of this remarkable quarter and explore six other quarters worth over $5,000 that you should keep an eye out for!
Rare Bicentennial Quarter Worth Nearly $350,000
The Bicentennial quarter features a distinctive design, showcasing a colonial drummer on its reverse side. While millions of these coins were minted in 1975 and 1976, the value of certain variants can skyrocket. The record-setting quarter that sold for nearly $350,000 was unique due to a minting error; it was struck on a silver planchet instead of the standard copper-nickel. This particular coin also received an impressive grading of “MS-67” from the Professional Coin Grading Service (PCGS), indicating it is nearly flawless.
This astronomical price not only reflects the coin’s rarity but also underscores the importance of mint errors in determining value. Collectors are always on the lookout for such extraordinary pieces, making them prime targets at auctions.
Six More Quarters Worth Over $5,000
As you explore the world of coin collecting, here are six more quarters that can fetch impressive sums:
1. 1916 Standing Liberty Quarter
The 1916 Standing Liberty Quarter is known for its rarity, with a valuation of around $7,000, even in lower grades. Only about 52,000 were minted, making it a highly sought-after item for collectors.
2. 1932-D Washington Quarter
This quarter, minted in Denver in 1932, had a limited mintage of just 436,800. In high-grade uncirculated condition, it can be worth over $5,000, making it a valuable find for enthusiasts.
3. 1932-S Washington Quarter
Similar to its Denver counterpart, the 1932-S Washington Quarter, minted in San Francisco, is equally rare. Prices for this coin typically range from $1,000 to over $5,000, depending on its condition.
4. 1950-D Washington Quarter (Double Die Obverse)
This quarter is particularly special due to a double die error on the obverse side. If you happen to find one in excellent condition, it could be worth more than $10,000.
5. 1965 Washington Quarter (Silver Planchet Error)
While the U.S. transitioned to a copper-nickel blend in 1965, a few quarters were mistakenly struck on leftover silver planchets. These error coins can fetch over $7,000, making them a great find for collectors.
6. 1970-S Washington Quarter (Proof)
The 1970-S proof quarter, mistakenly struck on a 1941 Canadian quarter, is another error coin that collectors covet. It has been known to sell at auction for more than $30,000.
Frequently Asked Questions
What makes the Bicentennial quarter so valuable?
The astounding value of the $350,000 Bicentennial quarter comes from its unique minting on a silver planchet and its pristine condition, which significantly boosts its worth.
How can I tell if my quarter is valuable?
To determine if your quarter is valuable, look for specific factors such as mint errors, rare dates, silver content, and overall coin grading. Consulting a professional grading service can help assess its true value.
Where can I sell my rare quarters?
You have several options for selling rare quarters, including coin auctions, online marketplaces, and reputable coin dealers who specialize in rare U.S. coins.
How do I check the grade of my coin?
To check the grade of your coin, consider having it evaluated by a professional grading service like PCGS or NGC. This evaluation will provide you with an official grade and insight into its potential market value.
Are all Bicentennial quarters valuable?
While most Bicentennial quarters are not particularly valuable, specific errors or silver versions in high grades can be worth thousands or even more, making them exceptions worth seeking out.
