Two Rare Bicentennial Quarters That Could Land You $85 Million

Two Rare Bicentennial Quarters That Could Land You $85 Million: If you have a 1976 Bicentennial Quarter, then it can be no less than a treasure for you. This coin is not just a common currency, but a symbol of America’s 200th year of independence. It represents historical importance and economic power. The price of some rare Bicentennial Quarters has reached crores in auctions, one of which is estimated to be worth $ 85 million. So let’s know what is special about this coin and why it is considered so rare.

History of 1976 Bicentennial Quarter

In 1973, the US Mint planned to issue special coins to mark the country’s 200th anniversary. A national level design competition was organized for this, and the winning designer Jack L. Schmidt was awarded the prize.

Minting and Production Locations

This quarter was minted at three different locations:

• Philadelphia Mint: No Mint Mark
• Denver Mint: “D” Mint Mark
• San Francisco Mint: “S” Mint Mark

The San Francisco Mint also issued a special Proof version, which has excellent finishing and is considered extremely valuable to collectors.

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Features of the 1976 Quarter

Dual Date (1776-1976)

This coin is inscribed with “1776-1976”, which represents 200 years of American history. This dual date makes it different from other quarter coins.

Colonial Drummer Playing Drums

The reverse (back side) of the coin features the image of a Colonial Drummer, designed by John Flanagan. The design reflects the spirit of America’s freedom struggle.

Metal Composition

• Copper-Nickel Edition – For Regular Use
• 40% Silver Edition – For Collectors Only

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Rarity and Value of This Coin

The rarity of coins and their value depends on several factors:

• Number of mintings: Coins with limited production are more valuable.
• Condition: Unused or minimally worn coins are more valuable.
• Mint errors: Coins with minting errors such as double die obverses (where the design appears to be a double image) are rare.
• History and certification: Coins that have been owned by a famous collector tend to sell for a higher price.

Some rare Bicentennial quarters have fetched prices ranging from $56 to $89 million, especially those found in MS-70 grade (Mint State).

Factors that drive price in a coin auction

• Coin condition: A coin is worth more if it is scratch-free and looks new.
• Rarity: Coins are likely to increase in worth if very in demand.
• Provenance: The value of the coin may rise due to its existence in a renowned collection.
• Certification: More expensive coins that have a guarantee of authenticity from either PCGS or NGC.

Other Rare and Valuable Coins

• 1796 Draped Bust Quarter: Only 6,146 coins were made and the value can reach up to $50 million.
• 1932-D Washington Quarter: Only 4,36,800 coins were made and the value can reach up to $65 million.
• 1804 Draped Bust Quarter: Only 6,738 coins were made and the value can go up to $75 million.

Tips for Beginner Collectors

• Join numismatic organizations: Get certification from organizations like ANA, PCGS and NGC.
• Get the right resources: Study books like the Red Book and Cherry Picker’s Guide.
• Have the necessary equipment: Buy a 10x-20x magnifying glass and a digital weight scale.
• Contact expert dealers: Attend coin fairs and online collector forums.
• Start small: Focus on a few special coins at first and keep a record of purchases.

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Conclusion

If you possess the 1976 Bicentennial quarter, cling to it, for it might change your fortune. A rare coin in MS-70 condition has been sold for as much as $85 million. So, go through your old coins and look for the date “1776-1976” and see if you can spot any errors in the minting. You could have a rare treasure worth millions.

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