The United States Bicentennial Quarter, dating back to 1975 and 1976, is a unique numismatic coin. It marked the 200th anniversary of signing the Declaration of Independence, and therefore has a design unique as compared to the typical Washington Quarter.
Of theses coins, while most of their varieties are extremely common, several pieces are quite rare and have sold at astronomical prices when auctioned off. The pieces can become quite valuable, with a price equivalent to five units of Bitcoin or more, given the price quoted in the open market.
1976 Bicentennial Quarter in MS-68 or better grade
- Composition: 91.67% copper, 8.33% nickel
- Design: Bicentennial Quarter obverse carries the image of George Washington, which has been designed by John Flanagan. Its reverse is uniquely designed with a drummer boy in front of a torch of triumph surrounding 13 stars, symbolizing the colonies in America. “1776–1976.” is engraved in the coin.
Story Behind this Rare Coin:
While millions of Bicentennial quarters were minted, most varieties are not scarce or valuable, especially used coins. Some, however do exist that in nearly incomprehensible condition, making them extremely rare. Coins graded MS-68 or higher are found on only a few hands. These have no scratches or blemishes on the surface even under magnification.
These high-grade Bicentennial quarters have been bought by collectors and investors for huge amounts of money. A mint state-68 coin sold in an auction for more than $20,000. If you have a few of these rare coins, their total value may reach as high as 5 Bitcoin coins if we look at the current price of the cryptocurrency.
Why are these coins so rare in high grades?
Most Bicentennial quarters are decades old, scratched, dented, and worn, and most of their grade is worn down. The only problem is finding a coin in MS-68 or better. This makes the coin extremely collectible.
1976 Bicentennial Quarter with Silver Content
Composition: 40% silver, 60% copper
Design: The silver Bicentennial quarter is the same drummer boy design as the regular copper-nickel coin, but it was minted for collectors as part of Special Mint Sets (SMS). These sets included a quarter, half dollar, and dollar, all made of 40% silver.
The Story of Silver Bicentennial Quarters
The coins are silver plated and weigh a quarter of a troy ounce. This has made it an interesting market in which many silver-plated 40% coins are worth small fortunes.
There is even PR-70 and MS-70 coins sold in auction which would fetch millions.
Coins are perfect grade; the coins contain no defects when the coin is observed even through a magnifying glass.
During the past few years, several mint-uncirculated silver Bicentennial quarters sold at auction for thousands of dollars. Anyone who finds several such intact silver coins worth a few Bitcoins in the existing market.
Why does the silver coin cost so much?
The value of silver Bicentennial quarters increases due to their silver content. Silver is not only a collectible metal but also offers a hedge against economic instability.
Factors Affecting the Value of Bicentennial Quarters
Some of the important factors that determine the high value of these rare Bicentennial quarters are:
- Condition (Grade): The higher grade coins are MS-68 or PR-70. Even a small flaw can decrease the value of the coin.
- Material: Silver Bicentennial quarters are far more valuable compared to the copper-nickel Bicentennial quarters because they contain more of the precious metals.
- Rarity: These coins are very rare in good condition; for that reason, the collector and investor values them.
- Historical Significance: The Bicentennial quarter represents one of the most critical moments in American history. This gives it numismatic value replete with patriotism and cultural value.
FAQS:
How do I know if a Bicentennial Quarter is
worth money?
if the Quarter may be valuable enough to get professional grading. Coin that is totally uncirculated, with little or no apparent wear, likely merits professional evaluation.
Where do I take my Bicentennial Quarter to get graded?
You may have your coin graded by a professional grading service such as the Professional Coin Grading Service or the Numismatic Guaranty Corporation.