The Bicentennial Quarter gained popularity among American coin collectors due to its unique historical background and connection to American history. It was struck in 1976 as part of an event commemorating the 200th anniversary of the United States’ foundation, and it is now vastly overvalued due to its unique traits, manufacturing errors, and historical significance.
Bicentennial quarters are precious jewels, which is why coin collectors look to have won the lottery when they discover one: “If you have a Bicentennial quarter, there are a few worth up to $7 million.” – Of course, common people ask what makes the Bicentennial Quarters so remarkable.
Rare Bicentennial Quarter Worth About $7 Million
People look forward to the dazzling pieces being made on January 21, 1999, as they will be the coinage for Connecticut’s new state quarter program. While 107 million quarters were coined in the first phase of the program, with the Denver or Philadelphia mint marks, Connecticut coinage accounted for at least one-seventh of this total.
Most importantly, the silver variant of this item provides a sense of identification and increased perceived value. In 1980, a collector earned an estimated $116.50 in exchange for his Washington quarter, representing a significant 8% rise.
Check Out The Exceptional Value of Rare Coins
Some exceptionally rare coins, like the Bicentennial Quarter, appear to be everyone’s dream come true. Take an opportunity to know some of the most costly coins aside from the Bicentennial Quarter.
Coin Name: Bicentennial Quarter
Year Manufactured: 1976
Value (up to): $7 million
Unique features: Silver variant with manufacturing errors
Coin Name: Double Eagle
Year Manufactured: 1933
Value (up to): $18.9 million
Unique features: Recalled and melted during the Great Depression
Coin Name: Flowing Hair Silver Dollar
Year Manufactured: 1794
Value (up to): $10 million
Unique features: First official U.S. silver dollar
Coin Name: Liberty Head Nickel
Year Manufactured: 1913
Value (up to): $4.5 million
Unique features: Only 5 pieces are known to exist
Coin Name: Draped Bust Silver Dollar
Year Manufactured: 1804
Value (up to): $3.8 million
Unique features: Manufactured as a diplomatic gift
Coin Name: Edward III Florin
Year Manufactured: 1343
Value (up to): $6.8 million
Unique features: Only 5 specimens known to exist today
Appreciation and Value
Grading: The value of coins is significantly determined by their condition, which is frequently graded on the Sheldon scale of 1 to 70. Proof coins in higher grades (such as PR 68 or PR 69) have witnessed increased value.
Market Demand: Rarity, condition, demand, and current trends all have an impact on coin collecting. As a result, prices are subject to fluctuations.
The Double Eagle
The Double Eagle gold coin is rare and precious, with a fascinating history in American numismatics. The Double Eagle was a $20 gold coin issued by the United States from 1849 to 1933. These coins were largely employed in large-scale financial transactions and international trade in the late nineteenth and early twentieth century. Most Double Eagles were melted following President Franklin D. Roosevelt’s 1933 executive order forbidding individual gold possession. This makes the remaining specimens incredibly rare and precious.