Quarters, typically seen as everyday currency, can actually hold tremendous value depending on their rarity and condition. Some rare quarters have set auction records, leaving collectors and investors astounded at the prices they can fetch. These exceptional quarters are not only valuable but are also sought after due to their unique histories and minting errors. In this article, we’ll explore the rare quarters that are making waves in the coin world and setting auction records.
1. 1932-D Washington Quarter
The 1932-D Washington Quarter is considered one of the most valuable quarters in existence. It was minted in Denver as part of the first-year issue of Washington quarters. Only about 436,800 of these coins were produced, making it highly sought after. In 2018, one of these quarters in excellent condition fetched a staggering $500,000 at auction, setting a record for a 1932-D Washington Quarter.
2. 1873 Closed 3 Indian Head Quarter
The 1873 Closed 3 Indian Head Quarter is one of the rarest quarters in American numismatic history. This coin was minted with a small error where the “3” in the year was designed with a closed top loop. The 1873 Closed 3 is considered a “key date” coin, and only a handful exist in private collections. A rare specimen sold for $900,000 in an auction in 2018, making it one of the most expensive quarters ever sold.
3. 1964-D Kennedy Quarter
In 1964, the U.S. Mint produced a small number of quarters with a minting error, which made them extremely valuable. The 1964-D Kennedy quarter features a small “D” mintmark and has since become one of the most coveted error coins in the market. In 2020, one of these error coins was auctioned off for $150,000, setting an impressive record for a modern coin with a minting flaw.
From the 1932-D Washington Quarter to the 1964-D Kennedy error coin, these rare quarters are setting auction records and reshaping the coin collecting market. Collectors and investors are increasingly aware of the potential value of these coins, making them a sought-after commodity in the numismatic world. Whether you’re a seasoned collector or a beginner, it’s worth keeping an eye on these rare quarters.
FAQ’s:
1. Why are some quarters so valuable?
The rarity, minting errors, historical significance, and condition of the coin all contribute to its value.
2. How can I tell if I have a rare quarter?
Look for key dates, minting errors, and unusual characteristics. Consult with a professional coin appraiser for confirmation.
3. Can I find these rare quarters in circulation?
While it’s rare, occasionally you may find valuable quarters in your change, especially if you’re checking older coins or special minting years.
4. How do I sell a rare quarter?
You can sell rare quarters through online auction sites, coin dealers, or at coin shows. It’s important to get the coin professionally appraised before selling.
5. What factors affect the value of a rare quarter?
Rarity, historical importance, mint condition, and market demand are the key factors affecting the value of a rare quarter.
