The Bicentennial Quarter, minted in 1975 and 1976 to commemorate the 200th anniversary of the United States, has become a coveted item among coin collectors.
While most of these quarters hold modest value, certain rare specimens have been reported to command extraordinary prices, with some claims suggesting valuations as high as $1.5 billion.
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 $1.5 Billion Valuation
Recent online articles have made bold assertions that certain Bicentennial Quarters are worth up to $1.5 billion. 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 $1.5 billion 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 $1.5 billion 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
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.
