For an extended period, investors and collectors were fascinated by the magic of rare coins. Due to their historical importance and scarcity, some quarters have a certain value, and more so U.S. quarters, which were very famous for their extraordinary value. Here, we take a look at three rare quarters, one of which is almost priced at $5 million. There is another of these coins that will sell for above $45 million.
The US produced its first quarter in 1796. The quarters since then were freely distributed and mostly used as currency. However, most of the rarest quarters are limited in their production, historical value, or minting errors. So, here’s a look at the three most valuable quarters in the world.
Bicentennial
The Bicentennial quarter commemorates 200 years of the U.S. Declaration of Independence, and it was minted between 1975 and 1976. Even though millions of copies were minted, making this coin quite common, the 1975 No S Proof Bicentennial Quarter is a rare type which has greatly increased its value. This quarter was minted at the San Francisco Mint, unlike all the others, but there was no “S” mint mark, which means there must have been some kind of error from the producers.
Due to the historical importance, as well as the mistake, this quarter has soared up to almost $5 million. Because of its rarity and importance in American numismatics, this quarter is a prized heirloom for collectors.
Flowing
The 1794 Flowing Hair quarter holds a special place in American currency history as one of the first minted quarters. The coin includes long-haired Lady Liberty as a representation of freedom and values in early America.
This is one of the remaining few examples of the 1794 Flowing Hair Quarter, making this coin a little more unique among many collectors’ collections. The rarity and the historical importance of the coin fetched more than US$ 45 million, thus placing it among some of the most expensive coins sold. This piece is truly an visual logo of American heritage in numismatics.
Draped
There are many rare gems such as the 1804 Draped Bust Quarter that have drawn special attention from collectors. This quarter is justly called the “King of American Coins” because of the irresistibly beautiful design on this piece, making it extremely rare and valuable. Many coins in this era were melted down, and the production was limited to only a few, which makes those remaining extremely valuable today.
The final prints of this coin, which mark a crucial period in the history of American minting, may command over US$45 million. The 1804 Draped Bust quarter is among the most costly ever to be struck and after its historical merit and relatively small number of minted ones.
| Coin Type | Estimated Value |
|---|---|
| 1975 No S Bicentennial Quarter | $5 Million |
| 1794 Flowing Hair Quarter | Over $45 Million |
| 1804 Draped Bust Quarter | Over $45 Million |
Finally, rare quarters are not only economically valuable to investors and collectors but also a means of connecting to the past. Due to the unique history and limited numbers of these coins, they will remain valuable assets for years to come.
FAQ’s
What sets the 1794 Flowing Hair Quarter apart?
It’s one of the first U.S. quarters ever minted and incredibly scarce.
Are all bicentennial quarters valuable?
No