The 1976 Bicentennial Quarter has been making waves online, with claims that one sold for an astonishing $590 million. Let’s set the record straight-that’s pure fiction. However, some rare Bicentennial Quarters do carry significant value, especially those with unique characteristics or in exceptional condition. Here’s what you need to know about these coins, how to identify valuable ones, and what to do if you think you’ve found a rare gem.
Table of Contents
Background
The Bicentennial Quarter was minted to commemorate America’s 200th year of independence. What makes it stand out? Unlike the standard eagle design, the reverse features a colonial drummer, a torch of victory, and 13 stars. It also bears a dual date, “1776–1976,” rather than a single year.
These quarters were struck at three U.S. Mint locations: Philadelphia, Denver, and San Francisco. Most are made of a copper-nickel blend and remain worth just 25 cents. However, special silver-clad and proof versions, particularly those minted in San Francisco, are the ones collectors covet.
The Hype
So, where did the $590 million rumor originate? Likely from a misleading viral post or clickbait video seeking attention. No documented sale has ever reached that figure. In reality, the most expensive Bicentennial Quarter on record sold for $19,200-a flawless silver proof with deep cameo contrast.
That said, some rare quarters can be worth thousands, especially if they exhibit minting errors or are in pristine condition. But finding one is about as rare as hitting the lottery.
What Makes a Bicentennial Quarter Valuable?
Value isn’t just about luck; it depends on several key factors:
Mint Mark & Composition
Look for the mint mark below Washington’s ponytail:
- No mark = Philadelphia (common)
- D = Denver (also common)
- S = San Francisco (collector coins, some made with 40% silver)
Silver versions are slightly heavier and have a distinct ring when dropped.
Coin Condition
The better the condition, the higher the value. Here’s a general grading guide:
Grade | Description |
---|---|
MS70 | Perfect, flawless |
MS65 | Sharp, uncirculated |
MS60 | Minor wear, lightly circulated |
Below MS60 | Significant wear, common |
Professionally graded coins from services like PCGS or NGC carry more weight in the market.
Error Coins
Rare minting errors can increase a quarter’s value substantially. Look for:
- Doubled Die (letters/numbers appear doubled)
- Off-Center Strike (part of the design is missing)
- Wrong Planchet (minted on an incorrect blank)
- Clipped Planchet (edge appears cut)
- Broadstrike (misshapen coin due to a striking error)
These types of errors can push a quarter’s value well into the thousands.
How to Check If Your Quarter Is Valuable
Follow these steps to determine if your Bicentennial Quarter is worth more than face value:
- Examine the Mint Mark – Find the letter below Washington’s hair ribbon.
- Weigh the Coin – Use a digital scale:
- Standard: ~5.67 grams
- Silver: ~5.75 grams
- Inspect for Errors – Use a magnifying glass to look for doubling or unusual features.
- Get It Graded – If it looks promising, send it to PCGS or NGC for authentication and grading.
Value Guide
Here’s a breakdown of estimated values:
Coin Type | Estimated Value |
Circulated (P or D Mint) | $0.25 – $1.50 |
Uncirculated MS65 | $5 – $15 |
40% Silver (S Mint) | $8 – $25 |
Silver Proof PR70 DCAM | $100 – $500 |
Common Error Coin | $250 – $2,000 |
Rare Error/High-Grade | $5,000 – $20,000+ |
While your quarter likely won’t make you a millionaire, it could still be worth more than just pocket change. Even if it isn’t valuable, it remains a fascinating piece of American history.
Frequently Asked Questions
Is any Bicentennial Quarter worth $590 million?
No, this claim is a myth. No such sale has ever occurred.
How can I tell if my quarter is silver?
Weigh it-silver versions are slightly heavier at around 5.75 grams and produce a distinct ringing sound.
Where is the mint mark located?
Below Washington’s ponytail on the obverse side of the coin.
Should I have my quarter graded?
Yes, if it appears to be in excellent condition or has visible errors. A professional grade increases its credibility and resale value.
What’s the most a Bicentennial Quarter has ever sold for?
The highest verified sale was $19,200 for a silver proof with deep cameo contrast.
Final Thoughts
While the idea of a $590 million Bicentennial Quarter is nothing more than internet hype, some of these quarters do hold real value. Checking for mint marks, errors, and condition can help you determine if you own a hidden treasure. Whether you find a rare one or not, these coins remain a special part of American numismatic history.