When we think of quarters, most of us imagine the everyday coins that jingle in our pockets. But did you know that some quarters are worth far more than their face value? In fact, certain rare quarters have become coveted treasures among coin collectors and can fetch impressive sums. So, if you’re a coin enthusiast—or just curious about the true value of those old quarters sitting in your jar—you’re in the right place. Today, we’re going to explore three rare quarters, their history, and the true value they hold in the world of coin collecting.
The Basics: What Makes a Quarter Rare?
Before diving into specific quarters, let’s first understand what makes a quarter rare. Generally, the rarity of a coin depends on several factors, including:
- Mintage Numbers: Coins with limited production numbers are more likely to be rare. If a coin was minted in fewer quantities, it becomes harder to find, thus increasing its value.
- Condition: The better the condition, the higher the value. Coins in mint condition, free of scratches or wear, are always more sought after by collectors.
- Historical Significance: Coins that were minted during key moments in history, or that have an unusual design, tend to be rarer and more valuable.
- Errors and Variations: Some quarters might have minting errors, such as off-center strikes or double dies, which make them incredibly valuable.
1. The 1932-S Washington Quarter
History Behind the Coin
The 1932-S Washington Quarter is one of the most famous and sought-after coins in American numismatics. This quarter was minted to commemorate George Washington’s 200th birthday, featuring his portrait on the obverse and an eagle on the reverse. However, what makes this coin rare is its low mintage.
Value and Rarity
Only about 408,000 of these quarters were minted in 1932, making them one of the rarest coins in the Washington Quarter series. The 1932-S was produced in San Francisco, and as time passed, most were either circulated or damaged.
Current Value: A well-preserved 1932-S Washington Quarter in excellent condition (graded MS-65 or higher) can be worth anywhere between $6,000 and $15,000. However, the value can fluctuate based on the coin’s condition, with lower-grade versions selling for less.
| Coin | Minted Year | Mintage | Value Range |
|---|---|---|---|
| 1932-S Washington Quarter | 1932 | 408,000 | $6,000 – $15,000 |
2. The 1964-D Peace Dollar Quarter (Error Coin)
History Behind the Coin
The 1964-D Peace Dollar Quarter is an error coin that catches the eye of many collectors. While the U.S. Mint intended to produce the traditional quarters for 1964, a mistake occurred. Some quarters were mistakenly struck with the design of the Peace Dollar, which features Lady Liberty on the obverse and an eagle on the reverse.
This error resulted in a unique, highly collectible quarter with a design that shouldn’t have been there. The 1964-D Peace Dollar Quarter is a rarity because it was never supposed to exist!
Value and Rarity
There are only a few surviving examples of this error, making it one of the most valuable quarters ever minted. Depending on the condition and rarity of the particular error, these quarters can sell for substantial amounts.
Current Value: A 1964-D Peace Dollar Quarter in good condition can fetch anywhere from $50,000 to $100,000, with pristine examples valued even higher.
| Coin | Minted Year | Mintage | Value Range |
|---|---|---|---|
| 1964-D Peace Dollar Quarter | 1964 | Very limited | $50,000 – $100,000 |
3. The 1916 Standing Liberty Quarter
History Behind the Coin
The 1916 Standing Liberty Quarter is one of the most iconic and sought-after coins in U.S. history. Minted in 1916, it was designed by Hermon MacNeil and depicts Lady Liberty standing proudly, holding a shield and olive branch, with the words “In God We Trust” around the rim. It was a dramatic departure from the designs of previous quarters, which is part of what makes it so historically significant.
Value and Rarity
The 1916 Standing Liberty Quarter is famous for being a part of the very first year it was minted, and it had a relatively low mintage of just over 5 million coins. Over the years, many of these coins were heavily circulated, and most are in poor condition. However, when found in excellent or near-mint condition, they can be worth a small fortune.
Current Value: A 1916 Standing Liberty Quarter in excellent condition can be worth anywhere from $10,000 to $20,000, depending on the coin’s grade. The highest-graded specimens can command prices in excess of $100,000.
| Coin | Minted Year | Mintage | Value Range |
|---|---|---|---|
| 1916 Standing Liberty Quarter | 1916 | 5,400,000 | $10,000 – $100,000 |
What Should You Do If You Find One of These Coins?
If you happen to find any of these rare quarters in your collection or change jar, it’s important to take immediate steps to protect your newfound treasure. Here’s what you can do:
- Get the Coin Appraised: Always have your rare quarters professionally appraised by a certified numismatist or at a reputable coin dealer. They can help verify the coin’s authenticity and grade, which is crucial to determining its value.
- Store the Coin Safely: Once you have verified its rarity and value, store the coin in a protective holder or safe. Even small scratches or damage can reduce the value of rare coins.
- Sell or Keep: You can either sell your rare quarter through a reputable auction house or dealer or keep it as a valuable part of your coin collection. Some collectors find great joy in preserving these historical pieces.
FAQs
What makes a quarter valuable?
A quarter becomes valuable if it’s rare, in great condition, or has a historical significance. Errors in the minting process can also add to its value.
How can I tell if a quarter is rare?
Check the mintage year and condition. Coins with low mintage numbers or minting errors tend to be rare.
Can I sell my rare quarter?
Yes, you can sell it through coin dealers, auctions, or collectors. Always get it appraised first to understand its true value.
How should I store rare quarters?
Store them in a protective holder or case to prevent any damage. Consider using a safe to keep them secure.
Are there any other rare U.S. coins worth collecting?
Yes, many coins like the 1909-S VDB Lincoln Cent and the 1937-D 3-Legged Buffalo Nickel are also highly valuable.