The 1976 Bicentennial Quarter, minted to commemorate the 200th anniversary of the United States, has recently been the subject of sensational claims suggesting that certain rare versions are valued at an astonishing $540 million.
This article delves into the facts, figures, and realities surrounding these claims, providing a comprehensive overview for collectors and enthusiasts.
Understanding the Bicentennial Quarter
The Bicentennial Quarter features a unique dual-date inscription, 1776–1976, and a distinctive reverse design depicting a colonial drummer, crafted by Jack L. Ahr. These quarters were produced in large quantities across three U.S. Mint facilities:
Mint Location | Mint Mark | Composition | Mintage (Approximate) |
---|---|---|---|
Philadelphia | None | Clad | 809,784,016 |
Denver | D | Clad | 860,118,839 |
San Francisco | S | 40% Silver | 11,000,000 |
Evaluating the $540 Million Valuation
Recent online articles have made bold assertions that certain Bicentennial Quarters are worth up to $540 million. However, these claims lack substantiated evidence and appear to be exaggerated. The highest recorded auction price for a Bicentennial Quarter is $19,200, achieved by a 1976-S Silver Bicentennial Quarter in MS69 condition.
Factors Influencing the Value of Bicentennial Quarters
While the $540 million figure is unfounded, certain factors can significantly enhance the value of a Bicentennial Quarter:
- Mint Mark and Composition: Quarters minted in San Francisco with the “S” mint mark and composed of 40% silver are generally more valuable than their clad counterparts.
- Condition (Grade): Coins in pristine, uncirculated condition (graded MS65 and above) command higher prices.
- Errors and Varieties: Quarters featuring minting errors, such as doubled die obverses or overstruck designs, are rare and can fetch premium prices.
Notable Auction Records
Here are some of the highest auction prices for Bicentennial Quarters:
Coin Description | Grade | Auction Price | Date |
---|---|---|---|
1976-S Silver Bicentennial Quarter | MS69 | $19,200 | 2019 |
1976-D Clad Bicentennial Quarter | MS68 | $6,462.50 | 2017 |
1976-S Clad Proof Bicentennial Quarter | PR67 | $6,038 | 2010 |
Conclusion
While the notion of a Bicentennial Quarter valued at $540 million is enticing, it is not grounded in reality. Collectors should approach such claims with skepticism and rely on verified auction records and professional appraisals when assessing the value of their coins.
FAQs
Are there any Bicentennial Quarters worth $540 million?
No, there is no credible evidence to support the claim that any Bicentennial Quarter is valued at $540 million.
What is the highest price ever paid for a Bicentennial Quarter?
The highest recorded auction price for a Bicentennial Quarter is $19,200 for a 1976-S Silver Bicentennial Quarter in MS69 condition.
What factors make a Bicentennial Quarter valuable?
Factors include the mint mark and composition, coin condition (grade), and the presence of minting errors or unique varieties.
How can I determine the value of my Bicentennial Quarter?
Consulting a professional coin appraiser or referencing recent auction records can provide an accurate assessment of your coin’s value.
Are Bicentennial Quarters still in circulation?
Yes, many Bicentennial Quarters remain in circulation, though finding one in pristine condition is uncommon.
I have a very very nice bicentennial s mint quarter. Where can I take it in Pittsburgh area
I have a Canadian 5 cent nickel dated 1993. I have been searching but have not seen this anywhere yet on different coin searches l have done. This nickel has 2 small circles from one edge to other edge that comes up and goes through the Queens necklace. On the other side there is a circular line that goes partly around , goes under the the bottom of the C for Canada and the line continues to the date and goes through the middle of 1993 and continues to the last letter in Canada….goes through the bottom of the A.Now back to the date….The bottom parts of the numbers are off because of the line going through. Can you tell me something about my coin
I have a bicentennial quarter 1776*1976 D
GOOD DAY THERE MAY YOU PLEASE HELP ME SELL COINS 1969 LIBERTY QUARTER DOLLAR 1930 ONE DOLLAR & OTHERS THANKSS
I have 1976
I have half dollars wheat pennies old ones a silver certificate dollar bill ca ND bicentennial quarters have no idea if any are worth anything
I have that bicentennial quarter I have two one with mint mark one without