he 1976 Bicentennial Quarter holds a special place in American numismatics, commemorating the 200th anniversary of the United States’ independence. While most of these quarters are common and hold only face value, recent claims have surfaced about a rare variant valued at nearly $15 million.
This article explores the veracity of these claims, delves into the unique features of the Bicentennial Quarter, and provides insights into what makes certain coins exceptionally valuable.
Understanding the 1976 Bicentennial Quarter
In 1976, the U.S. Mint released a special quarter to celebrate the nation’s Bicentennial. This coin features a distinctive reverse design by Jack L. Ahr, depicting a Colonial drummer boy with a torch encircled by 13 stars, symbolizing the original colonies.
The obverse retains the familiar portrait of George Washington but bears the dual date 1776–1976.
Mintage and Composition
The Bicentennial Quarter was produced in large quantities across multiple mints:
| Mint Location | Mintage | Mint Mark | Composition |
|---|---|---|---|
| Philadelphia | 809,784,016 | None | Copper-Nickel Clad |
| Denver | 860,118,839 | D | Copper-Nickel Clad |
| San Francisco | 7,059,099 (Proof) | S | Copper-Nickel Clad |
| San Francisco | 11,000,000 (Uncirculated) | S | 40% Silver Clad |
| San Francisco | 4,000,000 (Proof) | S | 40% Silver Clad |
Note: Mintage figures are approximate.
The San Francisco Mint produced special collector’s editions in 40% silver, which are more valuable than their copper-nickel counterparts.
Evaluating the $15 Million Claim
Recent online articles have made bold assertions about a Bicentennial Quarter valued at nearly $15 million. However, these claims lack credible evidence and are not supported by reputable numismatic sources.
The most valuable Bicentennial Quarters are typically high-grade specimens or those with unique errors, but their auction prices have not approached the $15 million mark.
Notable Auction Sales
While $15 million is an exaggerated figure, certain Bicentennial Quarters have achieved impressive prices:
- 1976-S Clad Proof Bicentennial Quarter: Sold for $6,038 in 2010.
- 1976-S Silver Proof Deep Cameo Bicentennial Quarter: Sold for $2,760 in 2007.
These figures, while significant, are far from the purported $15 million valuation.
Factors Influencing a Coin’s Value
Several elements can elevate the value of a coin:
- Rarity: Coins with limited mintage or surviving specimens are more valuable.
- Condition: Coins in pristine, uncirculated condition fetch higher prices.
- Minting Errors: Unique errors, such as double strikes or misprints, can increase a coin’s desirability.
- Historical Significance: Coins tied to significant events or periods may hold additional value.
The Bicentennial Quarter, while historically significant, was produced in large numbers, making most specimens common. Only those with exceptional features or conditions stand out in the collectors’ market.
Conclusion
The notion of a $15 million Bicentennial Quarter appears to be more myth than reality. While certain rare and high-grade examples can command substantial sums, they do not reach the exaggerated figures reported in some sources.
Collectors should approach such claims with skepticism and rely on verified auction records and reputable numismatic references when assessing a coin’s value.
Frequently Asked Questions (FAQs)
1. Are all 1976 Bicentennial Quarters valuable?
No, most Bicentennial Quarters are common and worth their face value. Only coins with unique errors, high-grade conditions, or special compositions (like 40% silver proofs) have increased value.
2. How can I determine if my Bicentennial Quarter is valuable?
Examine your coin for mint marks, errors, and overall condition. Coins from the San Francisco Mint with an “S” mint mark, especially those in uncirculated or proof condition, may hold additional value.
3. What is the highest price ever paid for a Bicentennial Quarter?
Notable sales include a 1976-S Clad Proof Bicentennial Quarter that sold for $6,038 in 2010 and a 1976-S Silver Proof Deep Cameo Bicentennial Quarter that sold for $2,760 in 2007.
4. Why do some sources claim a Bicentennial Quarter is worth $15 million?
Such claims are often exaggerated and lack credible evidence. It’s essential to consult reputable numismatic sources and verified auction records for accurate valuations.
5. Where can I sell a valuable Bicentennial Quarter?
Consider reaching out to reputable coin dealers, auction houses, or online platforms specializing in numismatics. Ensure your coin is authenticated and graded by a professional service to maximize its value.
Possess close to 200 bicentennial. Porches, 25 that are uncirculated. I purchased them from a woman that was about to put them in one of those Walmart coin machines. They were wrapped in tin foil. Her husband passed away and she was cashing in all the money she found around the house because she was broke. She also had concirculated 1972 John F. Kennedy half dollars. I am willing to sell if anyone is interested.
I possess close to 200 hundred BICENTENNIALQUARTERS quarters. 25 that are uncirculated. I bought them from a woman that was about to put them in a Walmart coin machine. Her husband passed away and she was sailing. Ohh, ha stuff his stuff and she did not realize what these coins are. I did not either at the time. And he also had 20/05/1972 John F. Kennedy half dollars wrapped in tin foil. Uncirculated. If anyone is interested in some of these, I’m willing to sell them.