The melt value (the price you can expect to get for your silver) of a U.S. or American quarter is determined by multiplying its fine content with today’s spot rate on the market–but that doesn’t mean it has no other appeal. Collecting these coins means they have greater historic significance and may even be worth more than their weight in pure metal; many different designs make each coin unique, so collectors will want them all while survivors alike scalp accordingly at every opportunity possible.
The silver quarter is a type of U.S. coin that has been minted since 1964. It’s made up almost entirely (95%) by 0.18084 troy ounces worth in pure form, which means it retains its value well over time even if you don’t wear or use any jewelry with them.
How to Find Rare Quarters: Identifying Authentic Coins
The following are some features to help identify a rare quarter. First of all, it’s essential to look at the general design. It sees if there is an image or portrait on one side that features George Washington, as well as other relevant identifying details like year, minted in letters pressingly held up by plants with fruit hanging off them- this will ensure you’re not giving away your coin.
The coin’s year of minting is often an excellent indication of its scarcity and value. All quarters released before 1964 were created at the Philadelphia Mint, while those made between 1965-1981 came out of San Francisco’s branch–and these are worth more than their counterparts depending on how old they are! You can also find what borough or state your specific issue lies in by looking near where it says “mintmark.”
Coin Rarity – How to Determine Coin Value
If there appear two sets side–by–side (one large vs. small), then this could mean that some were produced locally rather than internationally like most other examples do; however, nothing indicates higher classification better than seeing ‘Q’ usually sits. If you want to be a successful collector of coins, they must have value and appeal. The mintmark on the coin tells us how many were made at any given time, and this can make all the difference when rarity matters most.
However, some varieties and errors can be worth far more than even “normal” coins. Before investing in it, you should consult guide books or online resources to see if your coin is one of these rare types.
An Overview of the Washington Quarter
In 1932, in commemoration of Washington’s 200th birthday, the quarters were unveiled. The obverse depicts George Washington, while the reverse features an eagle. Three mints produced them, among them:
- Mint of Philadelphia
The Philadelphia Mint is one of the main mints in America, striking coins that are used as currency. It includes “circulating” coinage and proof sets like those from Washington Quarters to silver quarters with dates ranging between 1932-1964 inclusive; no year was missed by this city’s influence on our nation’s money. A Date Run provides collectors an affordable way to buy these valuable pieces at auction or through the private sale without too many rare varieties cluttering up their collection – buy what you want when it comes time for replenishment (or addition).
It’s the most well-known mint in the United States. Except for 1933, which was the only year in which quarters were not minted, it produced 1.8 silver bullion Washington quarters.
It is an interesting and affordable collection of coins to search for the Philadelphia mintmark. There were no special markings used by this city during the Washington quarter era but look closely at what’s written above in “E.R.” or below with olive branches if you find one – that will be your clue.
- Mint in San Francisco
The fewest variety of any year is 1932, with 408k pieces. A remarkably low number when compared to later tens of tens-of-millions in minting years like 1970, where there were just over 10 billion coins struck! All early “S” Mint mark Washington quarters are worth looking out for as they have a special significance – it means that this particular coin was originally intended for circulation rather than being collected or preserved by someone else already owning one from an earlier date which may explain why its condition varies so much more widely than those dated afterward such has been seen on many rarer dates across all grades due simply.
In 1932, it began minting the first Washington quarters, but only 408k coins were struck.
- Mint of Denver
Collectors Well-know the Low Mintage Years.
Denver, Colorado is known for its minting of the largest number of silver Washington quarters in any one year – 1964. In that single calendar year, they produced 1.7quarters dating from 1932 to 1964, and no other mints did so back then when it was still called “D” mintmark below where olive branches appear on the reverse just above the E.R. symbol.
In only five years, the Denver minting facility has produced more than 1.7 million silver Washington quarters – which is a record unmatched by any other year! The low mintage for this coin makes it a highly collectible and sought-after commodity among enthusiasts who want one of these rare pieces in their collection or wallet as opposed to just being stuck with an unwanted circulation tag attached near where you buy gas every month from now until forever.
This mint only missed 1938, the only year without a quarter minting. In 1932, just 436,800 coins were minted, making it the year with the lowest mintage.
Selling Your Silver Quarters: What You Need to Know
If you decide to sell your silver quarters, you will find that they are in quite high demand. If the quarters are extremely well-preserved, you might want to try having them assessed by an independent specialist. Many coin collectors prefer to purchase coins that have already been graded by organizations such as NGC or PCGS.
Also, if your silver quarters are in worn condition, it’s more sensible to sell them as a group rather than separately rather than individually. We are pleased to offer 90 percent silver quarters for sale in bankrolls of 40 pieces each, courtesy of Gainesville Coins. The graphics on the rolls are frequently a combination of Washington, Standing Liberty, and Barber patterns.
The Condition of Your Quarter Has an Impact on Its Value
The Washington quarter is one of the most popular coins in America, and its condition impacts its value. There are four possible states for these cashless pieces:
- Mint condition
- Grade Exceptional
- High grade
- Excellent grade
There’s a theory that even rare coins in heavily worn conditions can be collectible. Whether or not you agree, upper-grade quarters are the most valuable, but sometimes even these might bring some money.
Now that you understand the basics of coin collecting, it’s time for a little break. Go ahead and enjoy your quarters with no mintmark. They’re more scarce than those without one, so they might be worth looking out for if this is what interests you most at this point in life – but don’t forget about all those other great coins as well because every collection needs variety.
Thomas Boseman is the author of Pawnbroking.com. A pawn shop owner by day, blog writer by night. When not writing, he enjoys exploring the outdoors with his dog, Roman. Thomas received his bachelor of arts in film from the University of Arizona. A Brooklyn native, Thomas is a lover of filmmaking, motorcycle, and coffee.