Quarters have been a staple of U.S. currency since the late 18th century. While most are worth their face value, certain rare quarters have become highly sought after by collectors, fetching impressive sums at auctions.
This article delves into the top five most valuable quarters, highlighting their unique features, historical significance, and current market values.
Most Valuable Quarters In History
1. 1796 Draped Bust Quarter
The 1796 Draped Bust Quarter holds the distinction of being the first quarter ever minted in the United States. Its obverse features a portrait of Lady Liberty, while the reverse showcases a small eagle.
Key Details:
Feature | Description |
---|---|
Mintage | Approximately 6,146 pieces |
Composition | 89.24% silver, 10.76% copper |
Diameter | 27.5 mm |
Weight | 6.74 grams |
Current Value | Up to $500,000, depending on condition |
Notable Facts: Due to its low mintage and age, this quarter is exceedingly rare. High-grade specimens are especially valuable, with some fetching half a million dollars at auctions.
2. 1804 Draped Bust Quarter
The 1804 Draped Bust Quarter is another early American coin that commands high value among collectors. Its design mirrors that of the 1796 quarter but features a heraldic eagle on the reverse.
Key Details:
Feature | Description |
---|---|
Mintage | Approximately 6,738 pieces |
Composition | 89.24% silver, 10.76% copper |
Diameter | 27.5 mm |
Weight | 6.74 grams |
Current Value | Up to $350,000, depending on condition |
Notable Facts: The 1804 quarter is rare due to its low mintage and the fact that many were melted down over time. Surviving specimens, especially in high grades, are highly prized.
3. 1823/2 Capped Bust Quarter (Overdate)
The 1823/2 Capped Bust Quarter is renowned for its overdate error, where the numeral “3” is stamped over a “2” in the date. This minting anomaly makes it a coveted piece among numismatists.
Key Details:
Feature | Description |
---|---|
Mintage | Exact numbers unknown; very limited |
Composition | 89.24% silver, 10.76% copper |
Diameter | 27 mm |
Weight | 6.74 grams |
Current Value | Up to $100,000, depending on condition |
Notable Facts: The overdate error occurred when a die from 1822 was repurposed for 1823, leading to the unique “3 over 2” appearance. This rarity significantly boosts its value.
4. 1870-CC Seated Liberty Quarter
Minted in Carson City, the 1870-CC Seated Liberty Quarter is one of the rarest quarters from the Seated Liberty series. Its “CC” mint mark denotes its origin from the famed Carson City Mint.
Key Details:
Feature | Description |
---|---|
Mintage | Approximately 8,340 pieces |
Composition | 90% silver, 10% copper |
Diameter | 24.3 mm |
Weight | 6.22 grams |
Current Value | Up to $150,000, depending on condition |
Notable Facts: The Carson City Mint produced coins for only a short period, making its issues particularly rare. The 1870-CC quarter’s low mintage and historical significance contribute to its high value.
5. 1916 Standing Liberty Quarter
The 1916 Standing Liberty Quarter is notable for its inaugural year and its depiction of Liberty standing between two pedestals. The initial design featured Liberty with an exposed breast, which was later modified in subsequent years.
Key Details:
Feature | Description |
---|---|
Mintage | Approximately 52,000 pieces |
Composition | 90% silver, 10% copper |
Diameter | 24.3 mm |
Weight | 6.25 grams |
Current Value | Up to $100,000, depending on condition |
Notable Facts: The low mintage and the design controversy make the 1916 Standing Liberty Quarter a prized possession for collectors. High-grade examples are especially valuable.
Conclusion
Collecting rare quarters offers a fascinating glimpse into American history and the evolution of coinage. The quarters highlighted above are not only valuable but also tell unique stories of their times. Whether you’re a seasoned numismatist or a curious enthusiast, these coins represent the pinnacle of quarter collecting.
FAQs
Factors such as low mintage, historical significance, minting errors, and high-grade preservation contribute to a quarter’s value.
Consulting a professional coin appraiser or referencing reputable coin value guides can help determine a quarter’s worth.
While most modern quarters are common, certain errors or limited editions can be valuable. It’s essential to research specific issues.