The 1976 Bicentennial quarters are notable for their distinctive Colonial Drummer design, which was created to commemorate the Bicentennial (200 years) of the United States. Although these coins were produced in their millions, some extremely rare types have been found. These coins usually have printing defects or are of extremely high quality. In this article, we will discuss three Bicentennial quarters whose prices reach millions of dollars, and whose unique conditions, qualities, and printing flaws make them extremely valuable.
1976-S Silver Proof Bicentennial Quarter
Value: Approximately fifteen million dollars
Details: From the San Francisco Mint comes this proof coin made of forty percent silver, and it has received the highest PR70 Deep Cameo grade. Proof coins are made from dies that are specially prepared so that their surface appears mirror-like and the images of the design are frosted. The deep cameo effect is the sharp contrast that occurs between the reflected surfaces of a coin and the frost images on it.
Why It’s Valuable: Since this coin is of PR70 Deep Cameo grade, which is absolutely flawless, it becomes extremely attractive to collectors. Due to its exceptional condition, silver composition and outstanding visual appeal, it is a treasure valued by many collectors as being worth millions of dollars.
1976-D Bicentennial Quarter with Double Die Obverse
Value: Over twelve million dollars
Details: This Denver Minted Bicentennial quarter has a double die error on the obverse surface, meaning that some elements of the design appear double due to being stamped twice. Such mistakes are quite rare, and the MS69 grade indicates that the coin is in near perfect condition, just one step below flawless.
Why It’s Valuable: It features a double die error and an MS69 grade, factors that make the coin extremely rare and valuable. The nearly perfect grade of this Bicentennial quarter makes it even more attractive among collectors, who are willing to pay extra value for such a rare coin. Error coins are already very expensive, and this Bicentennial quarter becomes even more valuable due to its near-perfect condition.
1976-P Bicentennial Quarter Struck on Gold Planchet
Value: Price around $10.5 million
Details: This 1976-P quarter was minted on a gold plate, whereas a copper-nickel alloy is normally used. This occurrence is one of the rarest mint errors imaginable. Its value is further enhanced because it has an MS67 grade, indicating that it is of high quality and has been exceptionally well preserved.
Why It’s Valuable: A coin being struck on the wrong metal plate is a very unusual occurrence, especially when talking about precious metals such as gold. For those who are interested in numismatic collecting as well as those who are focused on investing in precious metals, this coin is highly attractive as its exceptional composition and high grade make it even more valuable.
These unique Bicentennial quarter coins are a fantastic example of how the combination of a coin’s rarity, a unique minting mistake, and high grade can substantially increase its value. All of these coins are wonderful examples of American history, and as such are a center of attraction for both collectors and investors.
FAQ’s
Why is the 1976-S Silver Proof Bicentennial Quarter so valuable?
Its PR70 Deep Cameo grade, and condition, makes it very collectible.
What is double capital punishment?
If it touches the design twice, there is twice as much error, resulting in twice as many impressions.
Why is a quarter century so rare on a gold planchet?
The four-sided strike on the gold planchet is a distinctive mint error, giving it a unique look.
1976-S How much silver is there in the two hundred years?
In the 1976-S bicentennial, 40% is silver.
What is Deep Cameo in proof sealing?
Deep Cameo shows a sharp contrast between frozen images and the mirror-like background.