Quarters are among the most widely circulated coins in the United States, yet certain rare examples stand out for their extraordinary value. Whether due to minting errors, limited production, or historical significance, some quarters fetch hundreds of thousands or even millions of dollars at auction. Let’s dive into three of the most remarkable and valuable quarters, each valued at over $500,000, that every coin enthusiast should know.
1. The 1932-D Washington Quarter
Why It’s Special
The 1932-D Washington Quarter is renowned for its rarity and historical significance. Introduced as part of the Washington Quarter series, this coin replaced the Standing Liberty Quarter and was minted in Denver with a notably low mintage of only 436,800 coins. Its scarcity, combined with its historical importance, makes it a centerpiece for collectors.
Value
High-grade examples, especially those graded MS-65 or higher, can sell for over $500,000. Exceptional specimens have fetched upwards of $1 million at auction.
What to Look For
- Mint Mark: A “D” mint mark on the reverse indicates it was minted in Denver.
- Grade: Coins in uncirculated condition, particularly those certified MS-65 or higher, are the most valuable.
- Historical Significance: As one of the first Washington Quarters, this coin is a symbol of U.S. coinage history.
2. The 1916 Standing Liberty Quarter
Why It’s Special
The 1916 Standing Liberty Quarter is a rare gem in U.S. coinage. This was the first year of the Standing Liberty series, and the coin’s design flaws, particularly the weak or missing stars on the reverse, make it a standout piece. Struck during a period of design transition, the coin’s rarity is amplified by its low production numbers.
Value
Coins in excellent condition (MS-65 or higher) command values exceeding $500,000, with pristine examples selling for over $1.2 million.
What to Look For
- Design Details: Features Lady Liberty holding a shield on the obverse and an eagle on the reverse, often with faint or absent stars.
- Condition: Well-preserved coins with minimal wear or high-grade certifications like MS-65 are the most valuable.
3. The 1937-D Three-Legged Buffalo Nickel (Error Coin)
Why It’s Special
Although technically a nickel, the 1937-D Three-Legged Buffalo Nickel is often grouped with rare quarters due to its legendary status in numismatics. This error coin, struck with a damaged die, resulted in the buffalo’s front leg being missing—a mistake that captivated collectors.
Value
In mint condition (graded MS-65 or higher), this coin can fetch more than $500,000, with top-quality specimens reaching $1 million or more.
What to Look For
- Error: A missing front leg on the buffalo on the reverse.
- Grade: Coins in excellent condition with clear error details are highly sought after.
Coin Name | Mint Year | Approx. Value | Key Feature |
---|---|---|---|
1932-D Washington Quarter | 1932 | Over $500,000 | Low mintage (436,800 produced) |
1916 Standing Liberty Quarter | 1916 | Over $500,000 | Weak or missing stars on the reverse design |
1937-D Three-Legged Buffalo Nickel | 1937 | Over $500,000 | Error coin with missing buffalo leg (front leg |
How can I sell a rare quarter?
To sell a rare quarter, have it graded by a professional service, then list it with reputable auction houses, coin dealers, or online platforms to maximize value.
What is the most expensive U.S. quarter ever sold?
The 1796 Draped Bust Quarter is among the most expensive quarters, fetching millions of dollars due to its rarity and historical importance.
How do I identify a mint error on a coin?
Look for anomalies in the design, such as missing details, doubling, or off-center strikes. Professional grading services can confirm mint errors.