The 1916 Standing Liberty Quarter is one of the most coveted coins among collectors, with pristine examples fetching up to $100,000 at auctions.
Beyond this, several other forgotten treasures hold significant value. This article delves into the history, unique features, and current market values of these rare coins.
The 1916 Standing Liberty Quarter: A Coveted Rarity
Minted in the final weeks of 1916 and released in January 1917, the 1916 Standing Liberty Quarter had an exceptionally low mintage of just 52,000 coins, making it the scarcest issue in its series.
Key Features:
- Design: The obverse showcases Lady Liberty holding a shield and olive branch, symbolizing preparedness and peace. The reverse features an eagle in flight, surrounded by 13 stars.
- Mint Mark: These quarters lack a mint mark, indicating they were produced at the Philadelphia Mint.
- Composition: Composed of 90% silver and 10% copper, each coin weighs 6.25 grams.
Market Value:
The value of the 1916 Standing Liberty Quarter varies based on its condition:
| Condition | Estimated Value |
|---|---|
| Good (G-4) | $3,000 – $5,000 |
| Fine (F-12) | $7,000 – $10,000 |
| Extremely Fine (EF-40) | $15,000 – $20,000 |
| Mint State (MS-63) | $50,000 – $100,000 |
Note: Values are approximate and can fluctuate based on market demand.
Five More Forgotten Treasures
1. 1913 Liberty Head Nickel
- Mintage: Only five known specimens.
- Unique Aspect: Unauthorized production; not officially released by the U.S. Mint.
- Value: One specimen sold for over $4 million.
2. 1894-S Barber Dime
- Mintage: Only 24 minted; nine known to exist today.
- Unique Aspect: Produced as special gifts; many remain uncirculated.
- Value: Can reach up to $2 million at auction.
3. 1943 Copper Penny
- Mintage: Approximately 20 known.
- Unique Aspect: Mint error during WWII; pennies were supposed to be steel.
- Value: One sold for $372,000.
4. 1916-D Mercury Dime
- Mintage: 264,000.
- Unique Aspect: First year of issue; low mintage makes it rare.
- Value: High-grade specimens can fetch over $100,000.
5. 1870-S Seated Liberty Dollar
- Mintage: Only around 15 known.
- Unique Aspect: Not listed in official mint records; believed to be specially struck.
- Value: One sold for over $1 million.
Discovering one of these rare coins can be a life-changing event for collectors and enthusiasts alike. The 1916 Standing Liberty Quarter, with its historical significance and limited mintage, stands out as a particularly valuable piece.
Other forgotten treasures, each with unique stories and characteristics, also hold substantial value in the numismatic world.
Regularly inspecting your coin collection or even pocket change might just lead you to one of these hidden gems.
FAQs
How can I authenticate a 1916 Standing Liberty Quarter?
Answer: Consult a reputable coin grading service or numismatic expert. Key indicators include the absence of a mint mark and specific design details unique to the 1916 issue.
What factors determine the value of these rare coins?
Answer: Condition (grade), rarity, demand, historical significance, and provenance all play crucial roles in determining a coin’s value.
Where can I sell a rare coin if I find one?
Answer: Consider reputable auction houses, certified coin dealers, or numismatic associations. It’s advisable to obtain multiple appraisals to ensure a fair valuation.
