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October 27, 2024October 28, 2024

Collecting Numismatic Half Dollar Coins

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While many investors buy silver coins for the intrinsic worth, some half dollar coins carry significant numismatic value that can enhance a tangible asset portfolio.

In this article, we will explore the rich history of U.S. Mint half-dollar coins and highlight some of the most valuable examples from different eras.

The U.S. Mint Half-Dollar

Although they are used less often today, the half-dollar coin has been a cornerstone of American currency since its introduction in 1794. Over the centuries, it has undergone numerous changes. From the early Flowing Hair and Draped Bust designs to the more familiar Walking Liberty and Franklin halves.

1794 Flowing Hair

The 1794 Flowing Hair half dollar holds a notable place in American numismatic history as the first half dollar coin issued by the U.S. Mint.

The age and scarcity make 1794 Half Dollar valuable among collectors.

As an example of how the condition can effect the value, a specimen in VF35 condition sold for over $50,000 in a Heritage Auctions event, while a 1794 Half Dollar graded NGC AU55 sold for roughly $150,000 at a Stack’s Bowers auction.

Draped Bust (1796–1807)

The Draped Bust Half Dollar was one of the earliest half-dollar designs. It features a portrait of Liberty with flowing hair draped in cloth on the obverse and an eagle on the reverse.

1806 Draped Bust Half Fine Condition — 1806 Draped Bust 50 Cent Coin with Fine Details

There are two sub-types within the Draped Bust series. The “Small Eagle Reverse” was produced from 1796 until 1797 and shows a small eagle within a wreath on the back.

blank — 1801 to 1807 Half Dollar Heraldic Eagle Reverse

The “Heraldic Eagle Reverse” was minted from 1801 to 1807, featuring a more prominent, heraldic-style eagle with a shield.

The Draped Bust with 15 stars is a rare variant. A PCGS VF30 1797 Draped Bust 50 Cent Piece fetched around $100,000, while another in NGC XF40 condition sold for over $200,000.

Capped Bust (1807–1839)

Introduced in 1807, the Capped Bust half dollar depicts Liberty wearing a Phrygian cap on the obverse and an eagle with a shield on the reverse.

The Capped Bust Series also features two subtypes. The “Lettered Edge” type was issued from 1807 until 1836, featuring the face value inscribed around the edge with the phrase “FIFTY CENTS OR HALF A DOLLAR.”

Capped Bust 50 cents Reverse — Capped Bust 50 c Reverse

The “Reeded Edge” type was introduced in 1836 and issued until 1839. This variety introduced the modern reeded edge and slight design modifications.

The 1838-O is significant as the first half dollar coins minted in New Orleans. With fewer than 20 known examples, one sold for $493,500 at a Stack’s Bowers auction in 2008, and another worth $632,500 at a Heritage Auctions event in 2015.

Seated Liberty (1839–1891)

The “Seated Liberty” features Liberty seated on a rock, holding a shield and a liberty pole with a cap. The reverse shows an eagle clutching arrows and an olive branch.

There are three distinct varieties in the Seated Liberty Series. The “No Motto” type was minted without the “IN GOD WE TRUST” motto until 1865.

Arrows were added to the date from 1853 to 1855 and again from 1873 to 1874 to indicate a change in the weight and composition. The motto “IN GOD WE TRUST” was added on a ribbon above the eagle after the Civil War. The “With Motto” type was minted from 1866 to 1891.

Barber Half Dollar (1892–1915)

Designed by Charles E. Barber, the Barber Half Dollar coins feature a classical depiction of Liberty wearing a Phrygian cap and laurel wreath on the obverse and an eagle clutching arrows and an olive branch on the reverse.

The heraldic eagle is similar to the Great Seal of the United States.

Key Date Barbers

Date	Notes	Value Range in Circulated Grades
1892-S	The first year of the Barber half dollar series from the San Francisco Mint.	$125 – $32,000
1893-S	Another lower mintage.	$100 – $2,500
1896-O	Low mintage from New Orleans Mint.	$50 – $115,200
1896-S	Low mintage from San Francisco Mint.	$300 – $1,500
1897-O	Most examples from New Orleans are heavily circulated and can be difficult to find in higher grades.	$120 – $700
1901-S	Scarce in all grades, with uncirculated coins commanding significant premiums.	$150 – $800
1904-S	Another low-mintage coin that is rare in higher grades.	$120 – $700
1913	One of the lowest mintages in the series, making it valuable across all conditions.	$100 – $500

Walking Liberty (1916–1947)

Minted from 1916 until 1947, the Walking Liberty is considered to be one of the most beautiful U.S. coin designs. Designed by Adolph Weinman, the obverse depicts Lady Liberty striding toward the sunrise, draped in the American flag, holding laurel and oak branches symbolizing civil and military glory. The reverse features a majestic eagle perched on a mountain pine sapling.

1946 Walking Liberty Half Obverse and Reverse — 1946 Walking Liberty Half

The 1921-S Walking Liberty stands out as a key date due to its low mintage of just 548,000 coins. During recent auction events, a PCGS MS65 graded coin sold for $188,000. Another, graded NGC AU58, realized $12,000 in a recent sale.

Date	Notes	Value Range
1916-S	As an early issue, the 1916-S has a lower mintage compared to its Philadelphia counterpart
1917-D and 1917-S Obverse Mintmark	In 1917, the mintmark was moved from the obverse to the reverse. Coins with the mintmark on the obverse are scarcer and more sought after by collectors.
1919-D and 1919-S	These coins have low mintages and saw heavy circulation.
1921, 1921-D, 1921-S	The 1921 issues are key dates in the series with very low mintages. The 1921-D is particularly scarce in higher grades, making it one of the most valuable coins in the series.
1938-D	Although later in the series, the 1938-D has a low mintage and is considered a semi-key date.

Walking Liberty Key Dates

The 1938-D had a mintage of only 491,600, making it the lowest mintage among the late-date half dollar coins in the series. In auction sales, a PCGS MS68 graded coin sold for $14,100 in 2018. Another example, graded MS67, realized $4,935 at a Heritage Auctions event.

Franklin Half Dollar Coins (1948–1963)

John R. Sinnock designed this coin featuring Founding Father Benjamin Franklin on the obverse and the Liberty Bell on the reverse. The small eagle to the right of the Liberty Bell was included to fulfill the legal requirement of depicting an eagle on silver coins.

Value Ranges of Franklin Key Dates

Date	Notes	Value Range
Full Bell Lines (FBL)	Franklins are more valuable when they exhibit Full Bell Lines on the Liberty Bell’s image on the reverse.
1949-S	Known for weaker strikes, making FBL coins scarce and more valuable.
1950-D	Another issue where FBL coins are harder to find, increasing their desirability among collectors.
1951-S	Perhaps the most challenging date to find with Full Bell Lines.
1953-S	Notorious for weak strikes, making FBL coins extremely rare and valuable.
1955 “Bugs Bunny” Variety	A die clash error gives Franklin the appearance of buck teeth, resembling Bugs Bunny.
Proof Cameo Coins (1961 and 1962)	Proof coins with strong cameo contrasts are scarce. Cameo proofs from these years are more valuable than standard proofs.

Early proof Franklin half dollar coins with deep cameo contrasts are scarce. In recent auctions, a PR68 Deep Cameo coin sold for $22,325 in 2017. While another, graded PR67 Deep Cameo, realized $7,050.

Kennedy (1964–Present)

Quickly introduced after President John F. Kennedy’s assassination in 1963, the obverse was designed by Gilroy Roberts and features a portrait of Kennedy. The reverse displays the Presidential Seal, which Frank Gasparro created.

Kennedy Half Dollar Key Dates and Values

Key Date	Notes	Value Range
1964 Accented Hair Proof	This variety features extra hair detail above President Kennedy’s ear. Only initial proof strikes before a design modification.	Proof: $200 MS67: over $1,500
1964-D Doubled Die Obverse (DDO)	Error coin with noticeable doubling on the obverse inscriptions around in “WE TRUST” and the date.	Circulated: $50 to $100. MS65 $500 to $1,000.
1970-D	Lowest mintage circulation issue. Issued only in mint sets.	Uncirculated: $15 to $35 MS67: up to $150.
1970-S Proof	Low mintage proof.	PR65: $15 Higher grades:up to $50
1974-D Doubled Die Obverse (DDO)	Features doubling on the obverse inscriptions around “IN GOD WE TRUST” and “LIBERTY.”	Circulated Grades: $15 to $30. MS65: up to $150 MS67: up to $500.
1987-P and 1987-D	Only available in mint sets.	Circulated: $2 and $5. Uncirculated: $15 MS67: up to $50.
1998-S Matte Finish	Part of the special Robert F. Kennedy commemorative set.	PR65: around $500 PR67: $800.
2014-W 50th Anniversary Gold Proof	A special issue struck in 3/4 oz of .9999 fine gold to commemorate the 50th anniversary of the Kennedy half dollar.	$2,500 to $3,500

The “Accented Hair” variety of the 1964 Kennedy half dollar was part of the initial proof strikes. It is believed that Jacqueline Kennedy requested the mint soften the hair details leading to a design change after some coins were minted. In terms of auction sales, a PR70 Deep Cameo example sold for over $20,000, while a PR69 Deep Cameo coin realized $3,055 at a Heritage Auctions event.

Conclusion

Investing in numismatic silver half dollars offers the dual benefit of owning tangible assets with intrinsic silver value and the potential for appreciation. While most circulated coins like the 1964 Kennedy, Franklin, and Walking Liberty half dollars are popular for their silver content, those with rare dates, mint errors, and high-grade specimens are worth significantly more. As always, thorough research and consultation with reputable dealers are essential when venturing into numismatic investments.

October 26, 2024October 26, 2024

The Most Valuable Barber Quarter

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The most valuable quarter of the Barber series is the 1913-S Barber Quarter. This coin is renowned for its scarcity, low mintage, and historical significance, making it one of the most prized coins in U.S. numismatics.

What Is the Barber Quarter Series?

The Barber coinage series includes dimes, quarters, and half dollars minted from 1892 and 1916. These coins, designed by Charles E. Barber, Chief Engraver of the U.S. Mint, feature Lady Liberty on the obverse, wearing a Phrygian cap and laurel wreath, while the reverse displays an eagle with outstretched wings. Barber quarters are collectible for the simplicity of their design.

The 1913-S: Most Valuable Barber Quarter

With only 40,000 coins minted, the 1913-S Quarter has the lowest mintage of any regular-issue. Combined with its limited survival rate makes it a treasure among collectors. The value of the 1913-S can range from $2,000 in even low grades to more than $60,000 in the highest grades.

1913-S Barber Quarter MS66 Value $50,000 to $60,000 — 1913-S Quarter Dollar PCGS MS66 CAC Value Range: $50,000 to $60,000

Why Is This Coin Famous?

The 1913-S Barber Quarter is famous due to its scarcity, especially in higher grades. With only 40,000 coins minted, many were lost or heavily circulated, making well-preserved examples extremely rare. As the last coin minted in San Francisco before the series ended in 1916, it represents a final chapter in Barber coinage history.

1913-S Barber Quarter Values

Condition	Value
Good (G-4)	$2,000 – $2,500
Very Fine (VF-20)	$4,000 – $5,000
Extremely Fine (EF-40)	$10,000 – $12,000
About Uncirculated (AU-50)	$18,000 – $20,000
Mint State (MS-60)	$25,000+
Mint State (MS-65)	$50,000 – $60,000

Other Barber Quarters Worth Thousands

Several other quarters from the Barber era are also highly valuable, especially in high grades:

1. 1896-S Barber Quarter

The 1896-S Quarter is valuable because of its low mintage; few high-grade examples have survived. Along with the 1901-S and 1913-S, it is one of the “Big Three” rare Barber Quarters.

Mintage: 188,039

Condition	Value
Good (G-4)	$1,000
Very Fine (VF-20)	$2,000
Extremely Fine (EF-40)	$5,000
About Uncirculated (AU-50)	$10,000
Mint State (MS-60)	$15,000+
Mint State (MS-65)	$30,000+

1896-S Barber Quarter Values. Known for its low mintage and rarity, especially in mint condition.

1901-S Barber Quarter

The 1901-S Quarter is often considered the “holy grail” of a collection. Only 72,664 coins were minted in San Francisco, making it the lowest mintage Barber Quarter of any regular issue.

Many surviving examples are well-worn due to heavy circulation, and finding higher-grade examples makes it one of the most challenging coins to acquire.

Condition	Value
Good (G-4)	$4,000
Very Fine (VF-20)	$8,000
Extremely Fine (EF-40)	$20,000
About Uncirculated (AU-50)	$40,000
Mint State (MS-60)	$50,000+
Mint State (MS-65)	$100,000+

Values Table for the 1901-S Barber Quarter

3. 1914-S Quarter

While it doesn’t reach the legendary status of some others, the 1914-S Barber Quarter is highly sought after due to its low mintage.

Out of the 264,000 coins minted at the San Francisco Mint, many of these quarters saw heavy circulation and their features worn away. Low mintage and high demand among collectors make it a valuable coin.

Condition	Value
Good (G-4)	$200
Very Fine (VF-20)	$500
Extremely Fine (EF-40)	$1,200
About Uncirculated (AU-50)	$3,000
Mint State (MS-60)	$5,000+
Mint State (MS-65)	$10,000+

Why Were Barber Quarters Minted in 90% Silver?

At the time, U.S. quarters were minted in 90% silver as part of a standard precious metal composition for circulating coinage. This silver content helped stabilize the coins’ intrinsic value and ensured durability.

Over decades of circulation, most Barber Quarters have become extremely worn, with details on Lady Liberty and the reverse eagle barely visible.

Coins in slick or extremely worn conditions are less collectible. However, each has roughly 0.1808 troy ounces of silver, giving them intrinsic value tied to the silver spot price. Because of this, they are often bought and sold by bullion investors for their melt value as a way to accumulate “junk silver” without paying high premiums.

Conclusion

These Barber Quarters represent some of the rarest and most valuable coins in the series, especially prized in high grades due to their low mintages and survival rates. Collectors highly value these coins for their beauty, historical significance, and the rarity that comes with limited production and heavy circulation.

October 16, 2024October 25, 2024

1922 Silver Dollar Value, Errors, Rare Mint Marks and Peace Dollar Varieties Worth Money

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The 1922 Silver Dollar is a fascinating and important piece of American history that was minted in the aftermath of World War I as a symbol of peace. Though millions were produced, certain varieties, conditions, and errors make some 1922 Peace Dollars incredibly valuable.

With multiple mint marks, errors, and special VAMs varieties, we’ll explore how the 1922 Peace Dollar provides a wide range of opportunities for every budget.

Historical Context

Following the end of World War I, the Peace Dollar was introduced at the end of 1921. With revised production lines at the Philadelphia, Denver, and San Francisco Mints, 1922 saw the highest mintage of the Peace Dollar series, making it one of the most affordable silver dollars to collect. The 1922 mintage year was the first mass-production of the low-relief design.

1922 Silver Dollar Value Chart

The value of most 1922 Silver Dollars will depend on the condition and which mint issued it. Coins in higher grades or with minting errors can significantly increase the value.

Grade	Philadelphia (No Mint Mark)	Denver (D)	San Francisco (S)
Good	$30 – $35	$30 – $35	$30 – $35
Fine	$32 – $38	$32 – $38	$35 – $40
XF45	$38 – $45	$40 – $50	$50 – $60
About Uncirculated	$45 – $60	$55 – $70	$65 – $80
Brilliant Uncirculated	$60 – $85	$80 – $100	$90 – $120
Certified MS65	$200 – $350	$300 – $450	$500 – $2,500

Table showing 1922 Silver Dollar Value Ranges By Condition

Values can fluctuate based on, spot silver price, market conditions and the coin’s specific appeal (such as attractive toning or low wear).

Obverse and Reverse Design

The obverse (front) of the 1922 Peace Dollar features a portrait of Liberty with a radiant crown, designed by Anthony de Francisci to symbolize freedom. The word “LIBERTY” arcs above her head, with the date “1922” positioned below her neck. The motto “IN GOD WE TRUST” is prominently displayed, with the V in TRUST representing the Latin U.

The reverse (back) shows a bald eagle perched on a rock, clutching an olive branch, symbolizing peace. The words “UNITED STATES OF AMERICA” and “E PLURIBUS UNUM” appear above, with the denomination “ONE DOLLAR” along the bottom edge.

1922 Silver Dollar Reverse — 1922 Peace Dollar Reverse

The reeded edge of the 1922 Peace Dollar contains 192 reeds, a feature used to deter counterfeiting and coin clipping.

1922 Silver Dollar Composition and Physical Features

The 1922 Peace Dollar is composed of 90% silver and 10% copper, a common alloy for U.S. silver coins at the time. Each coin contains 0.7734 troy ounces of silver. Its physical specifications are as follows:

Weight: 26.73 grams
Diameter: 38.1 mm
Thickness: 2.8 mm
Edge: Reeded with 192 reeds

1922-P Silver Dollar – Standard Circulation Strike

The 1922 Philadelphia Mint Peace Dollar is the most common variety, struck in low relief to following production issues with the earlier high-relief 1921 version. These coins do not have a mint mark.

Mintage: 51,737,000
Typical Value:
- Good (G) – $30 to $35
- Fine (F) – $32 to $38
- About Uncirculated (AU) – $45 to $60
- Mint State 65 (MS65) – $200 to $350
- Mint State 66 (MS66) – $800 to $1,200

These coins are readily available from coin stores and online bullion dealers, but values increase significantly for higher-grade uncirculated examples (MS65 or above).

Rare 1922 Silver Dollar Errors

While the 1922 Peace Dollar is common, certain coins with errors or rare die-pair variations can be worth significantly more. Let’s explore some valuable 1922 error coins that are distinct and affordable to collect.

Cracked Planchet

A Cracked Planchet occurs when a coin is struck on a blank (planchet) that has structural flaws such as cracks or splits that can form during the manufacturing process. As a result, cracks appear as visible imperfections on the surface of the coin.

The location and severity of the crack affect collectibility and value. In some cases, the cracks appear along the edge or across the design.

There are thousands of graded and certified 1922 Cracked Planchet Silver Dollars available in the market due to the large mintages, making these error coins an affordable way to add an interesting piece to your collection. Cracked planchet errors can sometimes be confused with die cracks, but they are fundamentally different.

1922 Die Crack Error

Close Up showing a 1922 Silver Dollar Die Crack — Close Up Showing a Die Break of a 1922 Peace Dollar Error Value Range: $80 to $120

Die Cracks and Die Breaks occur when worn or damaged dies are used to strike coins, resulting in visible cracks or breaks on the coin’s surface that can create unique patterns that make the coin stand out. Because of the large 1922 mintage, there have been thousands of die break coins discovered, graded and certified that are easy to identify by their VAM designation. Many collectors find this appealing and coins with noticeable die cracks are more valuable.

Curved Clip Variety

NGC 1922 "Curved Clip" Peace Silver Dollar Coin — 1922 Peace Dollar “Curved Clip” Mint Error Value Range: $150 to $250

A Curved Clip error occurs when the planchet is improperly punched from the sheet, causing a missing inwardly curving portion along the edge. A 1922 Curved Clip Peace Dollar shows a distinct missing part of its edge pattern and reeds in a crescent shape. On average, these coins are worth $150 to $250, making them valuable and affordable to collect.

Lamination Error Varieties

Reverse Lamination Error — Peace Dollar Reverse Lamination Mint Error Value Range: $100 to $150

A lamination error occurs when a thin layer of metal peels away from the surface of the coin. This happens due to impurities, defects, or improper bonding of the metal during the minting process.

As a result, it’s common to find 1922 Peace Dollars that exhibit visible flakes, gaps, or rough textures near parts of the eagle design on the reverse side. Peeling also appears surrounding the legends “UNITED STATES OF AMERICA” or “ONE DOLLAR.”

Those with lamination errors from Denver and San Francisco can be more valuable than those from the Philadelphia Mint, which lacks a mint mark.

1922-P Silver Dollar – Satin Finish, High Relief

The Satin Finish High Relief Peace Dollar is a extremely scarce prototype strike that was issued in very limited numbers by the Philadelphia Mint.

These coins retain the high-relief design similar to the 1921 Peace Dollar, with sharper detail on Liberty’s portrait and the eagle on the reverse. However, the high-relief design was abandoned early in 1922 due to difficulties in mass production.

Mintage: Likely around 10 pieces (prototypes only)
Typical Value:
- AU – $20,000 to $30,000
- MS63 – $50,000 to $75,000
- MS65 – $100,000+

These coins are incredibly rare, with most known examples residing in museums or high-end private collections. If one of these coins were to go to auction, it would likely fetch hundreds of thousands of dollars.

1922 (P) Silver Dollar – “Moustache” Variety (VAM-12A)

The VAM-12A “Moustache” Variety is a notable error variety caused by a die defect. The defect gives Liberty the appearance of having a mustache on her upper lip, making this variety stand out. The error is more noticeable on coins with minimal wear and is often found only on early strikes.

PCGS Top 50 VAM12A 1922 Silver $1 — PCGS Certified AU55 VAM12A Moustache 1922 Peace $1 Coin Value Range: $300 to $500

Mintage: Unknown (Error variety)
Typical Value:
- Fine (F) – $100 to $150
- Extra Fine (XF45) – $250 to $400
- Mint State 63 (MS63) – $1,500 to $2,500

This variety is relatively rare, and prices increase significantly for coins in better condition.

Affordable 1922 VAM Varieties to Collect

The VAM (Van Allen-Mallis) system catalogs small differences in Peace Dollars resulting from die pair variations. Some of the most notable 1922 VAM error coins include:

VAM-2: Doubled Die Reverse
- Features doubling on the eagle’s beak and lettering.
- Typical Value: XF – $50 to $100; MS63 – $500 to $1,000
VAM-3: Die Break on Obverse
- Shows a noticeable die crack near Liberty’s hairline.
- Typical Value: XF – $40 to $70; MS63 – $300 to $500
VAM-5A: “Spike in Eagle’s Shoulder” Variety
- Displays a small raised line on the eagle’s shoulder, resulting from a die gouge.
- Typical Value: XF – $60 to $120; MS63 – $400 to $800

These VAM variations are valued for their unique characteristics, rarity and condition.

How to Identify a Valuable 1922 Silver Dollar

Identifying valuable 1922 Peace Dollars requires a examination of the coin.

Inspect the Condition: Coins with minimal wear are more valuable, particularly coins in AU, BU, or MS grades.
Check the Mint Mark: The mint mark is located on the bottom of the reverse. Coins with “D” or “S” mint marks are more valuable. Coins without a mint mark were issued by Philadelphia.
Look for Errors: Use a magnifying coin loop to check for signs of doubling, cracks, or off-center strikes.
Evaluate the Toning: Attractive or unique natural toning can increase a coin’s value, particularly among collectors.
Verify Authenticity: Always have the coin authenticated by a professional coin dealer if you believe it may hold significant value, especially for rare varieties or high-grade examples.

Due to the intrinsic value of the metal, even in heavily worn or cull condition, a 1922 Peace Dollar is worth melt value.

How to Store and Protect Silver Dollars

To maintain the value and condition, Peace Dollars should be kept in air-tight holders or coin flips to prevent damage or scratches from handling. They provide much more protection that 2×2 flips and are readily available at your local coin shop, Amazon, eBay and hobby shops. If you think your 1922 Silver Dollar may be of high value, talk with your local coin shop about submitting it to a third-party grading service to have it encapsulated.

Conclusion

Over time, the value of silver and the interest in historical U.S. coins have risen. Most 1922 Peace Dollars can be acquired relatively easily at an affordable premium. Rare varieties and coins in exceptional condition can fetch significant sums at auction, making the 1922 Peace Dollar both an appealing collectible and a potential investment.

While circulated grades are most common, finding higher-grade coins or rare error varieties can be both challenging and rewarding. Understanding the value, design features, and composition of the 1922 Silver Dollar can help you make informed decisions when collecting or investing in these iconic coins.

October 15, 2024October 24, 2024

Valuable 2023 Quarter Errors, Mint Marks, Die Cracks and Their Values

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The 2023 U.S. quarters feature exciting designs, including continuing the American Women Quarters program. However, some of these coins contain rare mint errors that make them highly sought after by collectors. This post explores the most notable 2023 quarter errors, what to look for in your pocket change, and how to buy these coins for your collection. A detailed table at the end shows their value in various conditions.

Common 2023 Quarter Errors To Look For in Your Spare Change

The 5 coins that were released in 2023 as part of the American Women Quarters Program coins celebrate the achieves of women in history. The five coins include:

Bessie Coleman Quarter – The first African American and Native American woman to earn a pilot’s license.
Edith Kanaka‘ole Quarter – This coin honors a revered Hawaiian cultural icon, composer, and educator who played a significant role in preserving and teaching Hawaiian culture, language, and traditions.
Eleanor Roosevelt Quarter – This coin honors Eleanor Roosevelt, one of the most influential first ladies, recognized for her work as a humanitarian, diplomat, and advocate for civil rights.
Jovita Idár Quarter – Known for her efforts to promote equality for Mexican Americans, Jovita Idár was a journalist, activist, and advocate for civil rights, education, and women’s suffrage.
Maria Tallchief Quarter – The first Native American to achieve international acclaim in ballet and the first prima ballerina of the New York City Ballet.

Error hotspots often appear on the rim, lettering, or profile areas. Be sure to examine any 2023 quarter you encounter—especially if it seems slightly different from others.

2023-P Edith Kanaka’ole Quarter BU “EDITH” Clashed Die Error

A die clash occurs when the obverse and reverse dies strike each other without a coin blank between them. Each die leaves an faint impression of its design on the opposite die. As a result, coins struck with these damaged dies will show traces of the design from the opposite side imprinted faintly where they shouldn’t be.

2023 P Jovita Idar Quarter Die Crack

Die cracks are raised lines or bumps caused by fractures in the die. These errors can vary in size, but those in noticeable places (like Washington’s profile) are more desirable.
Cuds occur when part of the die breaks off, leaving a blob-like area on the coin.

2023 P Bessie Coleman Quarter Die Chip Error

Die Chips occurs when a small piece of the coin die breaks off, leaving a void which causes raised bumps or blobs to appear on the coins. These blobs often form in recessed areas or along design elements on the coin, such as letters, numbers, or the edges of portraits.

There are many 2023 Bessie Coleman Quarters with Die Chip errors that were issued by the Philadelphia Mint and can be found in your pocket change.

2023-D Jovita Idar D Quarter (25c) Error “In Cod We Trust”

The 2023 Jovita Idar quarter has become notable for a reported error that reads “In Cod We Trust” instead of the standard “In God We Trust.” This error has attracted significant attention from collectors. However, it is still debated whether this anomaly is an actual mint error or the result of post-mint damage or light contact marks that make the “G” appear like a “C”.

If legitimate, the “In Cod We Trust” issue would be classified as a misprint, which increases its value as an unusual collectible.

This error coin has been listed and sold on marketplaces like eBay for more than face value, some listings have seen these quarters priced from $25 to over $400 depending on condition and collector interest.

2023 Maria Tallchief “Extra Feather” Quarter Error

Another frequrntly found Die Chip Error is the 2023 P Maria Tallchief quarter, which has gained attention among collectors due to an intriguing die chip error which appears to add an “extra feather” to the design.

This error occurs in the feather details of her hair, creating the appearance of an additional feather that wasn’t part of the intended design. Coins with this “extra feather” error have been actively traded on platforms like eBay. They are valued between $3 to $6, depending on the condition of the coin and the visibility of the error.

Other Common Quarter Errors

Double Dies (DDR/DDO)

A double die error occurs when a coin is struck with a misaligned die, creating a doubled design on specific areas like letters or numbers. Look closely at “E Pluribus Unum” or the date to detect doubling.

Off-Center Strikes

Off-center coins occur when the planchet (coin blank) is not properly aligned. Coins with missing design portions can be valuable, especially if the date remains visible.

Struck Through Errors

These happen when foreign materials (like grease or wire) block parts of the design during minting. The result is a coin with missing or weak details, which can vary in value based on the uniqueness of the error.

Clipped Planchets

A clipped planchet is missing part of the edge due to a misfeed during minting. These errors are usually small, but full or crescent-shaped clips are more valuable.

Where to Buy 2023 Quarter Errors

If you’re looking to purchase error quarters for your collection, here are a few reliable ways to do so:

Coin Dealers: Many professional coin dealers sell error coins and can help authenticate rare finds.
Coin Shows: Visit coin expos or shows in your area and other events where collectors gather—error coins are often displayed.
Online Marketplaces: Websites like eBay, Etsy, and specialty numismatic sites often feature error coins. To avoid counterfeits, be cautious and buy only from trusted sellers with good reviews.
Social Media Groups: Many Facebook or Reddit groups for numismatics have members who buy and trade error coins.
Coin Auctions: Larger auction houses often feature rare error coins, but prices can be higher due to competitive bidding.

2023 Quarter Error Values in Different Conditions

Below is a table outlining the approximate values of common 2023 quarter errors in different conditions. Remember that prices fluctuate based on rarity, demand, and the coin’s condition.

Error Type	Good (G)	Fine (F)	Extremely Fine (EF)	Mint State (MS-65 or higher)
Die Crack (Minor)	$3-$5	$8-$10	$12-$15	$20-$30
Die Crack (Major)	$8-$12	$20-$25	$30-$50	$80-$100
Double Die (DDR/DDO)	$15-$25	$40-$60	$80-$100	$150-$300
Off-Center Strike (<10%)	$10-$20	$30-$50	$80-$120	$150-$250
Off-Center Strike (>10%)	$20-$30	$50-$100	$120-$200	$300-$500
Struck Through Error	$5-$10	$15-$30	$50-$75	$100-$150
Clipped Planchet	$8-$12	$20-$40	$50-$75	$100-$200

Common 2023 Quarter Errors in different conditions

Error coins offer a fascinating opportunity to uncover value in your everyday change. Like other quarter error coins, 2023 quarters with die cracks, doubled dies or off-center strikes are rare and can command high prices in the collector market. Be sure to examine any spare change you receive carefully—those little quirks might become a valuable addition to your collection. If you want to ensure you secure one of these coins, consider checking online markets or connecting with a local coin dealer to explore available options. Happy hunting!

With the proper knowledge and patience, you may stumble upon a 2023 quarter error that will become a prized item in your numismatic collection!

October 11, 2024October 11, 2024

Is the $100 Bill Being Discontinued?

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Although it plays a significant role in the global economy, economists and policymakers have debated discontinuing the $100 bill in recent years.

While the U.S. government has yet to commit to removing the $100 bill from circulation, the idea remains a topic of interest for various reasons, including the economic consequences and the government’s eventual shift toward Central Bank Digital Currencies (CBDCs).

The $100 Bill Debate: Why Discontinue It?

Although rarely used in everyday transactions, $100 bills remain widely circulated.

The Federal Reserve says that there are more $100 bills in circulation than $1 bills. However, only a fraction of those bills are in the hands of Americans. Most are overseas in Central Bank reserves, circulating in countries that use the dollar as a currency, and where people use it to hedge against currency instability.

Proponents of discontinuing the $100 bill, such as Harvard economist Kenneth Rogoff, argue that criminals primarily use large-denomination bills like the $100 note for illicit activities, including tax evasion, money laundering, and the financing of terrorism.

Rogoff contends that eliminating high-value bills could curb the underground economy and bring more transactions into the formal banking system, where they can be taxed and regulated.

However, these illicit activities are those performed at scale by large criminal enterprises within the existing financial and banking system, as we learned from the Panama Papers that were released in 2012.

Critics of the $100 bill also point to the “denomination effect,” which suggests that people are less likely to spend larger denominations, such as $100 bills, than smaller ones, like $20s.

Many of these leading proponents of discontinuing the $100 note, including Rogoff, also largely favor more regulations, reduced privacy, and the push for a digital dollar. These as strawman arguments that downplay deeper motivations.

Other Motives Behind Discontuing the $100 Bill

As cash transactions become less common and experts expound on discontinuing the $100 bill, the introduction of CBDC will give the government oversight into your purchases like never before.

The agenda hidden behind the curtain is the push to introduce CBDCs managed, and controlled by the Federal Reserve at the cost of personal privacy.

Combining the programability of CBDCs with a social credit system like those in China, raises the possibility of a future where your person financial freedoms are tied to how closely you follow the narrative.

Many are troubled at the thought of the government could use CBDCs to manipulate citizens’ spending behavior and enforce social policies.

Is Discontinuation Practical?

The $100 bill is designed to be durable, and each note lasts up to 23 years in circulation. By contrast, smaller denominations wear out rapidly and need to be replaced frequently.

Additionally, eliminating the $100 bill will likely accelerate the push for criminal enterprises to use alternative methods like crypto for illicit activities, which would only partially address the problem.

Removing the $100 bill could also increase the demand for smaller denominations, increasing printing and maintenance costs.

Whether or not the $100 bill is ultimately discontinued, the transition to digital currencies raises important questions about privacy, government control, and the future of money.

October 8, 2024October 21, 2024

New Feature: Silver Coin Values Guide with Coin Value Calculator

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silver coin melt value usage demonstration screen shot

At Find Bullion Prices, we constantly strive to provide the best tools for investors and collectors to track and calculate the value of their silver holdings. Recently, we’ve added a new Silver Coin Values Guide, which provides silver coin values with quick access to the current melt value of your coins.

The guide includes values for popular U.S. Mint silver coin denominations, such as dimes, quarters, half dollars, and silver dollars.

Silver Coin Values Guide

Before 1965, most U.S. Mint-issued coins were composed of a 90% silver alloy. This includes dimes, quarters, half-dollars, and one-dollar coins with a date of 1964 or earlier, as well as War Nickels, which were also minted with 35% silver alloy.

After 1965, some silver coins remained, but the Mint reduced the silver content to 40%. This includes 1965 to 1970 Half Dollars, Bicentennial Silver Quarters, as well as some Eisenhower $1 coins minted from 1971 to 1976.

The Silver Coin Value Guide displays the up-to-the-minute melt values of all U.S. Mint Pre-1965 coins and provides clear instructions on determining your coin’s value.

Melt Value Calculator

We’ve also introduced a Silver Coin Value Calculator alongside the values guide. This easy-to-use tool allows you to calculate the value of your silver coins quickly and accurately. Enter the number of silver dimes, quarters, half dollars, silver dollars, 40% silver half dollars, and Eisenhower dollars, or even 35% War Nickels, and click the “calculate” button, and the values of each denomination are displayed instantly.

Enter the quantity of each coin type in your collection.
Click the “calculate” button.
Instantly see the total value of your silver coins based on the latest spot price.

These features are perfect for anyone who wants to look up the melt value of their collection or make informed decisions about buying or selling silver. We aim to make managing your silver investments easier, faster, and more accurate.

September 30, 2024October 21, 2024

Collecting Liberty Head $5 Half Eagle Gold Coins

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The Liberty Head $5 Half Eagle gold coin holds a special place amongst collectors and investors.

These coins combine affordability, historical significance, and investment potential, making them far more accessible and desirable to a broader range of collectors. But what makes these coins stand out, and why are they more popular than the earlier designs?

Liberty Head Series

The Liberty Head design, created by Christian Gobrecht, features a classic image of Lady Liberty wearing a coronet, symbolizing freedom and American ideals. She is depicted on the obverse wearing a coronet with the word “LIBERTY” inscribed. The reverse features an eagle with a shield on its breast, clutching arrows, and an olive branch, symbolizing both war and peace.

1891 $5 Half Eagle Gold Coin BU — 1891 $5 Half Eagle Gold Coin in Brilliant Uncirculated Condition

This design was used on multiple denominations of U.S. gold coins minted from 1839 to 1908, including the $5 Half-Eagle, giving them a cohesive appeal.

Liberty Head coins were struck in large quantities and widely used in circulation. As a result, more have survived, helping to keep $5 Half-Eagle prices at affordable levels, particularly in circulated grades.

Affordable $5 Half Eagle Coins

The U.S. Mint struck the $5 Liberty Head Half Eagle continuously for nearly 70 years and in much larger quantities than earlier coins. These coins often trade closer to their intrinsic gold melt value and are widely available in various conditions, from heavily circulated to brilliant uncirculated, allowing collectors to choose coins that fit their budget and collecting goals.

Liberty $5 Specifications

Coin	Composition	Gross Weight	Gold Content	Diameter	Thickness	Edge	Minting Years
$5 Half Eagle	90% Gold 10% Copper	8.359 grams 0.2687 troy ounces	0.24187 ozt	21.6 mm 0.85 inches	1.4 mm	Reeded	1839–1908

Coin Specifications Table

Common-Date $5 Half Eagle Value Ranges

Condition	Value Range
Good (G-4) to Very Fine (VF-30)	$700 to $800
Extremely Fine (EF-40 to EF-45)	$750 to $850
About Uncirculated (AU-50 to AU-58)	$750 to $900
Mint State (MS-60 to MS-62)	$800 to $1,000
Mint State (MS-63 and above)	$2,500 to $10,000+

Coin Values table

In lower grades, the value of most $5 Half-Eagles is near their gold melt value, with a small premium for their historical and numismatic significance.

Coins in Extremely Fine condition have less wear and show more detail, commanding a higher premium. Coins in AU condition are highly desirable as they retain much of their original luster.

NGC MS62 $5 Half Eagle Gold Coin — Liberty Head $5 Gold Piece MS62 NGC Value: $700 to $900

Liberty Head $5 Half Eagles in Mint State condition can be significantly more valuable, with prices starting around $800 and going up.

High-grade Liberty Head Half Eagles are rare, particularly with strong eye appeal. They can fetch $2,500 to $10,000+.

Like the larger denominations, the condition of a $5 half-eagle significantly influences its value. Coins in higher grades, such as Mint State, command much higher prices than those in lower grades.

$5 Half Eagle Grading Scale

When evaluating and grading $5 Half Eagle Gold Coins, third-party grading services use the Sheldon Scale, which provides an accurate, reliable, consistent and transparent grade. Coins that are authenticated, graded and encapsulated are preferred due to their ease of liquidity.

The Sheldon Scale was developed by Dr. William Sheldon in 1949 as a 70-point scale used to grade the condition of coins. The grades range from 1 (Poor) to 70 (Perfect Mint State).

Valuable $5 Half Eagle Key Dates

These key dates generally command much higher premiums than more common dates.

	Fine (F-12)	Extremely Fine (EF-40)	About Uncirculated (AU-50)	Mint State (MS-60)
1839-C (Charlotte) Mintage: 17,205 coins	$5,000 to $7,000	$15,000 to $25,000	$30,000 to $50,000	$70,000 and above
1861-C Mintage: 6,879	$1500 to $2,500	$2,000 to $3,000	$2,500 to $3,500	$3,000+
1861-D (Dahlonega) Mintage: 1,597	$30,000 to $50,000	$100,000 to $150,000	$200,000 and up
1854-S (San Francisco) Mintage: 268	$25,000 to $35,000	$75,000 to $150,000	$250,000 to $400,000	Upwards of $500,000+
1875 (Philadelphia) Mintage: 200	$40,000 to $50,000	$100,000 to $200,000	$300,000 and up
1862-S Mintage: 9,000	$4,000 to $7,000	$12,000 to $20,000	$25,000 to $40,000
1901-S Mintage: 3,437,640	$700 to $800	$800 to $1,200	$4,000 to $5,000	$8,000 and up
1870-CC Mintage: 7,675	$10,000 to $15,000	$35,000 to $50,000	$70,000 and up

Key Dates and Values Table

The Charlotte and Dahlonega mints were part of the early Southern Gold Rushes in the U.S.

1855-C $5 Half Eagle Reverse Showing the Mint Mark from the Charlotte Mint — 1855-C $5 Half Eagle Reverse Showing the Charlotte Mint Mark

The Charlotte Mint was established in 1838 to process gold discovered in the North Carolina gold rush. Around the same time, the Dahlonega Mint opened to handle gold from Georgia’s gold rush.

Coins from these mints saw heavy use in daily transactions. Uncirculated and high-quality examples of $5 Half Eagles from these mints drives is scarce and drives their value among collectors.

Mint Marks

Coins struck at branch mints have mint marks located on the reverse side, below the eagle.

Mint marks include:

C for Charlotte
D for Dahlonega (pre-1861) and Denver (post-1906)
O for New Orleans
S for San Francisco
No mint mark for Philadelphia

September 16, 2024October 23, 2024

Rare 1996-W Dime Values and other Roosevelt Dimes Worth Money

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Roosevelt Dimes have been a staple of American coinage for nearly 80 years. These ten-cent pieces are not just everyday change; they can also be hidden treasures for coin collectors. Beyond their silver content is an assortment of rare editions, mint errors, and low mintage years, with some Roosevelt dimes worth a hefty price on the market.

The Roosevelt Dime, introduced in 1946, was a tribute to Franklin Delano Roosevelt, the 32nd President of the United States, whose efforts during the Great Depression and World War II left a lasting legacy.

Roosevelt was also deeply involved in the March of Dimes, a campaign dedicated to fighting polio. This disease had personally affected him. The U.S. Mint issued the Roosevelt Dime, in honor of his work and life to forever immortalize his image on the nation’s 10-cent coin.

Collecting Roosevelt Dimes

While the Roosevelt Dime may not be the rarest coin in U.S. history, it offers collectors numerous opportunities to discover valuable pieces, especially those minted in silver from 1946 to 1964.

Roosevelt dimes have a rich history and relatively consistent design and are still in circulation today. If you start looking through your change, you could potentially find a rare dime in your pocket. Coin collecting can be more than a hobby; it can become a passion that combines history, art, and treasure hunting.

Roosevelt Dime History

The Roosevelt Dime was first struck on January 30, 1946, just a year after FDR’s death—what would have been his 64th birthday. Designed by Chief Engraver John R. Sinnock, the obverse features a left-facing profile of Roosevelt, while the reverse displays a torch flanked by olive and oak branches, symbolizing peace and strength.

Roosevelt’s role in establishing the March of Dimes made the choice of placing him on the dime natural. The slogan for the March of Dimes, a public health campaign founded in 1938, inspired millions of Americans to donate dimes to support the fight against polio.

Roosevelt Dime Values

Roosevelt Dimes minted between 1946 and 1964 contain 90% silver, making their value largely dependent on the price of silver. Roosevelt Silver Dimes are often sold in bulk as junk silver, but higher-quality examples can fetch a premium.

Common dated silver dimes in circulated condition typically sell for about $2 to $3, depending on the current silver market.

In better condition (XF or AU), these dimes can sell for $3 to $6, especially if they exhibit sharp details and minimal wear.

Roosevelt silver dimes minted from 1946 to 1964 that are heavily circulated, scratched, bent, or worn are worth silver melt value.

Key Dates and Valuable Dimes

While billions of Roosevelt Dimes have been minted since 1946, a few key dates stand out due to their rarity or historical significance.

1949-S Roosevelt Dime

With a relatively low mintage of 13.5 million, the 1949-S is a crucial date in the series. In Mint State condition with Full Bands (a designation that indicates a sharp strike with fully visible horizontal bands on the torch), this coin can be worth $65 to $100 in circulated grades. The most valuable 1949-S Dime was sold at auction in 2022 for $6,000.

1950-S Roosevelt Dime

Another scarce date, the 1950-S, has a similar low mintage of just over 20 million coins. In MS66 with Full Bands, it is valued at around $35.

1951 Proof Deep Cameo (DCAM)

Proof dimes from the early 1950s, especially those in Deep Cameo condition, can fetch a significant premium. A 1951 Roosevelt Dime in PR68 Deep Cameo sold for $23,500 at auction.

1964-D Doubled Die Reverse

One of the rarer doubled die varieties in the Roosevelt Dime series, the 1964-D Doubled Die Reverse can be worth $300 or more, depending on the condition.

1996-W Roosevelt Dime

This coin, struck at the West Point Mint to recognize the Roosevelt Dime’s 50th anniversary, was only available in Mint Sets. In high grades, it can fetch between $10 and $45.

Factors That Affect Value The Most

Understanding which Roosevelt dimes are valuable requires knowledge of several primary factors:

Mint Errors: Mistakes made during minting can make a coin rare.
Low Mintage Years: Years with fewer coins produced can add scarcity.
Condition: Coins in better condition (higher grades) often command higher prices.

Roosevelt Dime Error Coin Values

Out of the billions of Roosevelt Dimes issued over the years, coins with mistakes and errors are bound to occur. Mint errors can significantly elevate the worth of a Roosevelt dime. These errors might include misstrikes, off-center strikes, or double dies. Below is a table listing some notable mint errors and their approximate market values.

Error Type	Description	Estimated Value ($)
Double Die	Duplicate images on the coin	$50 – $1,000
Off-center Strike	Coin struck off-center	$30 – $500
Broadstrike	Coin broader than usual	$20 – $200
Clipped Planchet	Portions of the coin missing	$10 – $150
Mule Error	Coin struck with mismatched dies	Over $1,000

Notable Dime Error Coins

1975 No-S Proof Dime

GreatCollections Auction 1975 No S Dime PR67 CAC — 1975 No-S Proof Dime

The 1975 No-S Proof Dime is among the rarest and most valuable modern U.S. coins. It is a proof dime struck at the San Francisco Mint, usually including an “S” mint mark for proof coins. However, a few 1975-proof dimes were produced without this “S” mint mark due to a minting error, making them highly sought after by collectors.

This coin is among the rarest and most valuable error coins in the Roosevelt Dime series. Only two examples of this proof dime exist; one sold for $456,000 at auction in 2019.

1982 No P Mint Mark

1982 No-P is the first instance where the Philadelphia Mint accidentally produced a coin without its mint mark.

Usually, dimes struck at the Philadelphia Mint after 1980 bear a “P” mint mark on the obverse (front) of the coin, just above the date.

1982 "No P" 10C Roosevelt Dime NGC MS63 — 1982 “No P” 10C Roosevelt Dime NGC MS63

In 1982, some Roosevelt Dimes were accidentally struck without the “P” mint mark. Circulated 1982 No-P dimes can be worth between $50 and $200, depending on the condition. Uncirculated, they can range between $200 and $400, with higher-grade examples (MS65 or better) commanding up to $500 or more, depending on the strength of the strike.

1965 Silver Planchet Dime

The 1965 Silver Planchet Roosevelt Dime was minted during a significant transitional period for U.S. coinage. Starting in 1965, the U.S. Mint switched from silver to a copper-nickel-clad composition for dimes, quarters, and half dollars.

However, some dimes were mistakenly struck on leftover 90% silver planchets from 1964, making these error coins highly desirable among collectors.

The 1965 Silver Planchet Dime is a highly sought-after error coin, with value varying depending on condition and demand. Typically, these coins can be worth $4,000 to $7,000 in circulated condition, while mint-state or uncirculated coins can fetch $7,000 to $10,000.

In 2019, a 1965 Silver Planchet Roosevelt Dime graded MS62 by PCGS sold for $9,000. Higher-grade examples have sold for over $10,000 at auctions.

1969-D Repunched Mint Mark

Some 1969-D dimes display a repunched mint mark, which occurs when the mint mark is applied to the coin’s die more than once in slightly different positions. If the mint mark punch shifted slightly or was struck more than once, it would result in a repunched mint mark.

RPM errors were more common before the mid-1980s when mint marks began to be applied to the master hub instead of individually punched onto each die.

The value of a 1969-D RPM Roosevelt Dime depends on the coin’s condition and the visibility of the punch. For coins in circulated condition, values can range from $10 to $25, while uncirculated coins are worth between $50 and $75. Higher-grade examples, depending on the error coin’s condition and extensiveness, can be worth $100 to $1,500.

1999-D Broad Struck on a Cent Planchet

The 1999-D Roosevelt Dime Broad Struck on a Cent Planchet is a notable and rare error coin. The Roosevelt Dime design was mistakenly struck on a copper planchet intended for a cent (penny) rather than the usual copper-nickel-clad planchet for dimes.

The coin will have the design of a Roosevelt Dime, but its size and weight will differ because it was struck on a larger copper cent planchet. This results in a broad strike, where the design does not fit properly on the smaller or larger planchet and appears stretched or incomplete, especially near the edges.

This type of mint error is known as a wrong planchet error, and it results in a very unusual and collectible coin. Only a few of these coins exist; they can sell for $6,000 or more.

Certified Roosevelt Dime Values

Certified coins graded by reputable companies like the Professional Coin Grading Service (PCGS) or the Numismatic Guaranty Corporation (NGC) can significantly increase the value of a Roosevelt Dime. High-grade coins with Full Bands or Full Torch designations are particularly desirable among collectors.

For example, a 1950 Roosevelt Dime graded PR68 Deep Cameo by PCGS sold for $18,800. Similarly, a 1956 Proof Deep Cameo dime in PR69 fetched $19,975 at auction. These high-grade, certified coins are often seen as investments, as their value tends to appreciate over time.

Coin Grading and Condition

The coin’s condition is the largest factor in determining its value. Grading is usually done on a scale from 1 to 70, with higher numbers indicating better preservation and fewer signs of wear.

Grade	Description	Market Value Impact
G4	Good	Low base value
VG8	Very Good	Slight increase
F12	Fine	Moderate increase
VF20	Very Fine	Considerable increase
EF40	Extremely Fine	High market value
MS65	Mint State	Maximum market value

September 16, 2024October 24, 2024

Collecting Lincoln Wheat Pennies: Values, Key Dates, Error Cents and Other Penny Varieties

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The Lincoln Wheat Penny was introduced in 1909 to commemorate the 100th anniversary of President Abraham Lincoln’s birth. It marked the first time a real historical figure, rather than allegorical representations of Liberty, appeared on a U.S. coin.

The Lincoln cent replaced the Indian Head cent, which had been in circulation since 1859.

Historical Context

The decision to feature Lincoln was part of a larger trend in the early 20th century to bring new life to American coin designs, seeking more artistic and symbolic imagery. Lincoln was chosen because he was one of the most revered presidents in American history and his legacy had grown in significance after the Civil War and his role in ending slavery.

Not only are copper pennies affordable to collect, but specific key dates, rare varieties, and errors can be worth substantial amounts.

What is Lincoln Wheat Penny?

The Lincoln Wheat Penny, also known as the “Wheat Cent,” was introduced in 1909 to commemorate the 100th anniversary of President Abraham Lincoln’s birth.

The coin was designed by sculptor Victor David Brenner and features a portrait of Lincoln facing right, with the words “In God We Trust” above, “Liberty” to the left, and the date of issue on the right.

The reverse features two stylized wheat ears, which symbolize agriculture and prosperity, and the Latin phrase “E Pluribus Unum” meaning “Out of Many, One.” This symbolizes national unity.

This was the first U.S. coin to include “In God We Trust.” These coins were struck in three mints: Philadelphia (no mint mark), Denver (“D”), and San Francisco (“S”).

While most Lincoln Wheat Pennies are relatively common and worth only a few cents, specific dates, mint marks, and varieties can be worth hundreds or even thousands of dollars.

Key Dates in the Lincoln Wheat Penny Series

Several key dates in the Lincoln Wheat Penny series stand out due to their rarity and high demand among collectors. These coins can fetch premium prices in the right condition.

1909-S VDB

1909 Lincoln Wheat Penny reverse showing VDB initials — 1909 VDB Lincoln Penny Value Range $700 to $2,500+

Mintage: 484,000
Value: $700 to $2,500+ (depending on condition)

The 1909 mintage year was the first year of issue for the Lincoln cent. The reverse of the coin features the initials “VDB” of the designer, Victor David Brenner appear prominently at the bottom of the reverse.

The US Mint received many public complaints that the initials were too prominent and detracted from the coin’s overall design and the initials were removed.

The San Francisco Mint produced only 484,000 of the 1909-S VDB pennies before the change, making it a highly prized addition to a collection as one of the lowest-mintage Lincoln pennies ever.

While not as valuable as some error coins, the 1909-S VDB penny is still one of the most collectible and valuable Lincoln Wheat Pennies due to its low mintage and historical significance.

1914-D

Mintage: 1,193,000
Value: $200 to $5,500+

The 1914-D is considered a key date for collectors due to its low mintage and scarcity in higher grades.

The Denver Mint produced only 1,193,000 Lincoln pennies in 1914, making it one of the lowest-mintage pennies in the entire series. While this mintage is higher than the famous 1909-S VDB, the 1914-D is much scarcer in circulated grades because many were heavily used in commerce.

As part of a complete Lincoln Wheat Cent collection, the 1914-D is a must-have. However, most coins minted in 1914 saw extensive circulation, leading to heavy wear. High-grade, uncirculated examples are scarce. Prices range from a few hundred dollars for heavily circulated examples to tens of thousands for Mint State specimens.

1922 “No D”

PCGS Certified 1922-D "No D" Lincoln Wheat Penny Error Coin XF40 — PCGS Certified 1922-D “No D” Lincoln Penny Error Coin XF40

Mintage: Approximately 500,000 (estimated error)
Value: $700 to $25,000+

In 1922, the Denver Mint was the only facility producing Lincoln Wheat Cents, as the Philadelphia and San Francisco mints did not strike any pennies that year.

Due to issues during the minting process, some coins were produced without the “D” mint mark, creating the rare 1922 “No D” variety.

The absence of the “D” mint mark is a notable error, and the 1922 “No D” penny has become highly collectible due to its rarity and historical significance.

Variations of the 1922 “No D” Lincoln Wheat Penny

There are three distinct varieties of the 1922 “No D” Lincoln penny, each with different degrees of clarity on the details:

Variety	Description
Die Pair #1 (Strong Reverse)	This variety is the most valuable and sought-after. While the “D” mint mark is completely missing from the obverse, the reverse details are sharp and well-struck, making distinguishing from the other varieties easier.
Die Pair #2 (Weak Reverse)	This variety shows a weak strike on both the obverse and reverse. In this case, the “D” mint mark is missing or extremely faint, and the details on the reverse are weak and poorly struck.
Die Pair #3 (Weak D)	In this variety, a faint trace of the “D” mint mark is visible under magnification. However, it is still highly collectible because of the rarity of the weak “D” strike.

1922 “No D” Die Pair Varieties

1931-S

1921-S Lincoln Wheat Penny Obverse VG condition — 1921-S Wheat Penny Obverse VG condition Value Range:$85 to $2,000+

Mintage: 866,000
Value: $85 to $2,000+

The coin was minted during the Great Depression, and its low production run reflected the reduced demand for coinage at that time.

Only 866,000 Lincoln Wheat Cents were minted in San Francisco in 1931, making it one of the lowest-mintage coins in the entire series. This small production run significantly contributes to its rarity and desirability among collectors.

Collectors who anticipated their rarity saved many of the 1931-S pennies in uncirculated condition. However, even with a significant number of coins saved, the 1931-S remains scarce in all grades, particularly in higher mint state (MS) grades.

Rare and Scarce Lincoln Wheat Cents

While key dates are critical to a collection, low mintage coins are often equally important. These pennies were struck in fewer quantities, making them more scarce in the marketplace.

1911-S

Mintage: 4,026,000
Value: $50 to $250+

Although 4 million might seem like a large number, this coin is still relatively scarce and sought after by collectors. The “S” mintmark makes this penny more desirable than its Philadelphia counterpart.

1924-D

Mintage: 2,520,000
Value: $30 to $400+

The 1924-D is another lower-mintage coin from the Denver Mint. While it’s not as rare as some of the key dates, it still commands a premium due to its relative scarcity, especially in high grades.

Lincoln Wheat Penny Errors

Error coins are a fascinating subset of the Lincoln Wheat Penny series and can be worth significantly more than standard pennies. Collectors love error coins due to their rarity and the stories behind their creations.

1955 Doubled Die Wheat Penny

NGC Certified 1955 DDO Lincoln 1 Cent Wheat Penny MS63 — NGC Certified 1955 DDO Lincoln 1C Wheat Penny MS63

Value: $500 to $15,000+

The 1955 Doubled Die is the most famous error coin in the Lincoln Wheat Penny series. It features a dramatic doubling of the date and inscription “In God We Trust.” These coins were struck due to a misalignment of the coin die, resulting in the doubled image. They are highly prized and can fetch thousands of dollars in high grades.

1944-D/S Overpunched Mint Mark

Close up example of a 1944-D overpunch mint mark error coin

Value: $50 to $300+

In 1944, some Denver Mint pennies were struck with an “S” mintmark that was later overpunched with a “D.” This error can be identified with magnification and is valued higher than standard 1944 pennies.

Certified Lincoln Wheat Pennies

Having Lincoln Wheat Pennies graded and certified by professional grading services, such as PCGS (Professional Coin Grading Service) or NGC (Numismatic Guaranty Corporation), can significantly increase their value. Certified coins come with a guarantee of authenticity and are graded on a scale of 1 to 70, with 70 being a perfect uncirculated coin.

Certified coins in higher grades, especially for key dates and rare varieties, often sell for much more than uncertified examples. Additionally, certified coins provide buyers and collectors with peace of mind regarding the condition and value of the coin.

Most Valuable Lincoln Wheat Pennies

Some Lincoln Wheat Pennies have sold for staggering amounts due to their rarity and condition. Here are a few of the most valuable examples:

1943-D Bronze/Copper Penny

Value: $800,000 to $1.7 million

Some 1943-D Wheat Pennies were mistakenly struck in bronze (copper) instead of the standard steel planchets used for pennies in 1943.

The U.S. Mint produced pennies using steel planchets with a zinc coating to save copper during World War II. These steel pennies were minted in Philadelphia, Denver, and San Francisco.

However, some leftover bronze planchets from 1942 were mistakenly used in 1943, producing a minimal number of bronze pennies that year.

The 1943-D Bronze Penny is one of the most famous error coins, having sold for over $1 million at auction.

1958 Doubled Die

Value: $200,000 to $336,000+

A doubled die error occurs during the minting process when the die used to strike the coin is improperly manufactured or misaligned, which results in doubled elements in the coin’s design. This doubling can affect various parts of the coin, such as the date, lettering, or design elements. In the case of the 1958 Doubled Die Lincoln Wheat Penny, the error is particularly dramatic and affects the obverse (front) of the coin.

The 1958 Doubled Die Lincoln Wheat Penny is incredibly rare. Prominent grading services like PCGS (Professional Coin Grading Service) and NGC (Numismatic Guaranty Corporation) have confirmed only three specimens. This makes it one of the rarest Lincoln Wheat Pennies error coins.

Final Thoughts

Lincoln Wheat Pennies are more than just everyday coins; they are pieces of American history and a fantastic way to get started in numismatics. Whether you’re a beginner collector or an experienced numismatist, Lincoln Wheat Pennies offers an accessible yet potentially valuable collection path. From key dates like the 1909-S VDB and the 1914-D to error coins like the 1955 Doubled Die and the 1944-D/S overpunched mint mark, this series has a wide range of valuable coins.

The key to successful collecting is knowledge and research. Understanding the rarity, condition, and market value of specific pennies can help you make informed decisions and potentially grow a collection that increases in value over time.

September 11, 2024October 6, 2024

1965 Quarter Value including Error Coins, SMS, Proof Coins and others Worth Money

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The 1965 Washington quarter is a unique and transitional coin in U.S. numismatic history. Although it was the first U.S. quarter minted without silver, it still carries a potential for value, especially among collectors who are aware of certain errors or high-grade specimens. Let’s explore why this coin holds significance, its history, and how it might have hidden value in your pocket change.

Historical Context

The 1965 Washington quarter marks a pivotal shift in U.S. coinage. Prior to this year, quarters, dimes, and half dollars were minted using 90% silver. However, due to the rising prices of silver and fears that the value of the metal would exceed the coin’s face value, the U.S. Mint transitioned to a copper-nickel alloy. President Lyndon B. Johnson’s Coinage Act of 1965 officially ended silver in dimes and quarters, and these coins were instead struck with a copper core clad in a copper-nickel alloy.

1965 Quarter Value Chart

While most 1965 quarters are worth their face value (25 cents), coins in mint condition or with specific errors can be significantly more valuable. Here’s a breakdown of their approximate values based on condition with references.

Grade	Value
XF45	$0.25
Brilliant Uncirculated	$3 to $5
MS63	$8
MS65	$22
MS67	$400
MS68	$5,250

The MS (Mint State) grading system reflects the coin’s condition, with higher numbers representing coins that are closer to perfect condition.

The Obverse and Reverse Design

The obverse of the 1965 quarter features the iconic profile of George Washington facing left, designed by John Flanagan. The portrait was initially intended to be a temporary bicentennial commemorative design for Washington’s 200th birthday in 1932, but it became the permanent design.

On the reverse side, an eagle with outstretched wings holds a bundle of arrows, symbolizing strength and preparedness. Beneath the eagle are olive branches, representing peace. Flanagan’s powerful image of the eagle dominates the reverse, reinforcing the patriotic symbolism of the coin.

1965 Quarter Composition and Physical Features

The 1965 quarter differs significantly from its predecessors in composition. Prior to 1965, quarters were 90% silver and 10% copper, but beginning this year, they were composed of 75% copper and 25% nickel over a pure copper core. The coin weighs 5.67 grams and has a reeded edge, a design element originally used to prevent coin clipping when silver was more valuable.

Rare 1965 Quarters and Error Coins

Despite the exceptionally high mintage of over 1.8 billion 1965 quarters, only a few rare coin errors exists that are sought after by numismatists and collectors.

The 1965 silver quarter is one such error. These coins were accidentally created when some of the 1964 silver planchets were used for 1965-dated coins. These silver quarters are extremely rare. The value of these 1965 Error Coins can be worth $1,300 to $2,000 depending on their condition.

Another valuable error is the 1965 doubled die quarter. This error occurs when a die used in striking the coin is misaligned, which can cause a doubled image on one or both sides. The most obvious signs of doubling are usually found in the words “In God We Trust” or “Liberty,” or in the date. These errors can make a coin worth hundreds in circulated condition or even thousands of dollars in higher grades.

1965 Special Mint Sets

In 1965, there were no S-minted proof quarters produced. The U.S. Mint had suspended proof coin production from 1965 to 1967 due to the coin shortage during that time, and no coins carried the “S” mint mark.

Instead, the mint focused on Special Mint Sets (SMS) for collectors, which were different from the traditional proof sets. These SMS coins were produced in Philadelphia, with no mint mark, and featured a unique satin-like finish, somewhere between a regular circulation strike and a proof finish.

These sets contain coins that are better struck and more carefully preserved than the coins issued for circulation. Quarters from these sets are often in much better condition, which can increase their value to collectors.

The value of these coins, depending on their finish and condition, can range from a few dollars to several hundred dollars for high-grade or cameo varieties.

How to Identify a Valuable 1965 Quarter

While most are worth face value, you may have a valuable 1965 Quarter if it meets one of the following criteria:

Mint State Condition: Quarters that have been preserved in near-perfect condition can be worth anywhere from a few dollars to several thousand dollars, depending on their grade.
Error Coins: Look for errors such as the doubled die or a silver planchet. A 1965 silver quarter value with these errors can be worth as much as $8,000 or more.
Cameo or Deep Cameo Finish: Special Mint Set coins with a cameo or deep cameo finish, which exhibit a frosted image against a mirrored background, are also highly prized by collectors.

Conclusion

The 1965 Washington quarter holds a unique place in U.S. coinage history. While most of these coins remain in circulation and are worth little more than their face value, some rare examples are worth a significant amount of money. Collectors should focus on coins in excellent condition or those with minting errors, such as the 1965 silver quarter or doubled die varieties.

If you think you have a valuable 1965 quarter, it’s a good idea to have it graded by a professional coin grading service like PCGS or NGC. Even though most 1965 quarters are not made from silver, the chance of owning a rare, error coin or a high-grade specimen makes it worth investigating further.