The Bicentennial Quarter: A Timeless Coin with Enduring Value
The Bicentennial quarter, also known as the American Revolution Bicentennial quarter, was minted in 1975 and 1976 to commemorate the 200th anniversary of American independence. With over 1.7 billion quarters produced, it remains one of the most widely recognized commemorative coins in the United States.
The Bicentennial quarter features a unique design, with a colonial drummer on the reverse side and a dual-dated obverse. While the majority of these coins were produced for circulation, certain varieties and exceptional specimens command surprising premiums, making them valuable to collectors.
Varieties and Rarity
The Bicentennial quarter comes in three distinct varieties:
- Uncirculated silver specimens (satin finish): Produced in 1975-76 mint sets, these coins are highly sought after by collectors and can fetch $15-$30, depending on their condition.
- Proof silver examples (mirror-like fields): These coins were part of 1976 proof sets and are known for their exceptional contrast characteristics. They can trade between $15-$35, with some exceptional examples exceeding $50.
- Silver "cameo" proofs with exceptional contrast characteristics: These coins are highly rare and valuable, often selling for several hundred dollars, depending on their condition and provenance.
Determining Value
The value of a Bicentennial quarter is often determined by its condition, rarity, and provenance. Here are some key factors to consider:
- Condition: The condition of the coin, including wear and tear, greatly affects its value.
- Rarity: Certain varieties, such as doubled dies, are more scarce and valuable than others.
- Authentication: Verification of silver content and mint mark is crucial to ensure the coin’s authenticity.
- Certification: Professional grading services like PCGS and NGC provide independent authentication, which can significantly impact the coin’s value.
Identifying Rare Bicentennial Quarters
Some varieties of the Bicentennial quarter are extremely rare and valuable. These include:
- Doubled die varieties: These coins feature strong doubling on the obverse, particularly in Washington’s profile, hair, and portions of "LIBERTY" and "IN GOD WE TRUST." They can fetch $100-$600, depending on their condition.
- Denver mint mark varieties: These coins, with the "D" mint mark, are scarcer than their Philadelphia counterparts and can command $150-$400 in circulated grades.
- Silver proof with doubled die obverse: This rare variety can sell for hundreds or even thousands of dollars, depending on its condition and provenance.
Misidentification and Authenticity
Some collectors have reported misidentifying a "No S" Bicentennial quarter, which is a myth. No authenticated "No S" Bicentennial quarter has ever been verified by major grading services. Filled mint mark varieties, Philadelphia quarters, and altered coins can create confusion. Therefore, it’s essential to verify the coin’s authenticity through weight testing, edge examination, or professional certification.
Conclusion
The Bicentennial quarter is a fascinating series with a rich history and a wide range of collecting opportunities. From affordable doubled dies to rare condition issues, there’s something for every collector. As the market continues to recognize the value of these coins, they are worth considering for any serious collector’s portfolio.
