There’s no doubt that silver has been a smart investment due to its low stock price. Many investors could immediately stock up on futures, ETFs, bars, and coinage without having to think about the cost.
Did you know that a few hundred dollars of junk silver coins offer you a high enough volume to make some profit? That is when the stock price for silver quarters goes up. It does on a semi-regular basis because of changes in industrial demand.
Similar to buying precious metals or gold coins, there exist a variety and selection of silver coins that are worth far more than the simple material or face value. Particularly, silver quarters represent a relatively precious materials collectible investment due to their consumer demand, aesthetic, and increasing scarcity, much like the quarters made of gold.
Such forces act together to drive the value of silver quarter coins far beyond their material worth.
Now, you may be wondering what the story behind silver quarters is? Should you simply go searching around the coin bins at second-hand markets to know if you find some of these rate quarter dollars?
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The Importance of Understanding About a Silver Quarter
You are very much aware of how American coin currency as being composed of different compounds. In case you didn’t know yet, the American penny is a copper-plated zinc coin. The dime and nickel are both made of a nickel and copper combination. These are things to look for when looking for valuable quarters.
On the other hand, the quarter is composed of various compounds referred to as cupronickel. These such coins have less material value compared to the face value they hold as currency.
But that’s not always the case. Before 1965, the American silver quarter dollar was made with ninety percent silver. That suggested the value of a quarter during those days was about $3.50, far more than $0.25 it represented as a currency.
You see, those quarters were only made for circulation from 1932 to 196. Since then, it has been quite a collector’s item. On top of that, silver coins made from the Denver Mint have more value than the others. The most popular years of Denver Mint manufacturer are 1935, 1936, and 1940, mainly due to rarity.
From 1870 to 1919 in Canada, quarters were made of sterling silver. From 1920, they were made of coin-grade silver. Others were then made of only fifty percent silver as silver was being phased-out in 1968.
Quarters are more likely to have higher mintages and normally less numismatic value than those higher face-value coins. Nonetheless, Victorian year quarters are somewhat collectible. For instance, the 1875 quarter made by the Heaton Mint in Birmingham could be worth more than $10,000. Can you believe that?
What is the Value of these Silver Quarters?
Are you now thinking about how much these silver coins and silver quarters cost? Keep in mind that the value of these silver quarter coins depends on the make, the year, the mint, as well as the price of silver during the time of its testing.
A safe estimate of these Washington quarters is that if you discover a silver coin from before 1965, then it will possibly be worth $3 in silver value alone. That’s the value without the addition of consumer demand for that specific model.
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Many junk silver quarters and coins speculators have made the statement that within every quarter coin is at least 0.715 ounces of silver per dollar value.
What are the Different Types of Quarter Dollar?
There are various types of silver quarters you need to be aware of. Some of them are the following:
Did you know that the Washington quarter was launched in 1932? The production of these Washington quarters remained until the US Mint changed over the copper-nickel alloy way back in 1965. The original design by sculptor John Flanagan was picked by the Treasury Secretary A.W. Mellon.
The Washington quarter was then presented on August 1st, 1932, to remember the 200 years since the birth of the great George Washington. Numerous minor redesigns were presented before the retirement of the silver quarter in 1965.
In 1976, a special edition marketing the US’s 200 years was issued as well. Since then, the design of the Washington quarter has been featured in different special collections, particularly in America the Beautiful series of coins.
The original features of the Washington quarter are the bust of George Washington on the obverse, accompanied by the writings Liberty above the bust. All Washington quarters up to 1964 were manufactured with ninety percent silver and ten percent copper, not to mention it has the same pure silver content as the previous two coins.
Standing Liberty Quarters
The Standing Liberty quarters were minted from 1916-to 1930. These silver quarters were issued to change the Barber-designed quarter. The first design was created by the prominent sculptor at that time, Hermon Atkins MacNeil.
Keep in mind that the Standing Liberty quarter stayed in production until 1930, when it was stopped. Nonetheless, there was a production paused in 1922. Philadelphia Mint was the main facility producing these silver coins, even though some quantities of Standing Liberty quarters were made in Denver and San Francisco.
In the final version of the coin, the obverse of the silver coins features a Standing Lady Liberty portrait facing the viewer’s right. Further, an olive branch is in her right, and a shied is in her left hand. The inscription says Liberty.
The standing liberty quarter has the same size and weight specifications as the Barber silver quarter. It’s made of the same 90 silver in percent, ten percent copper alloy, and has 0.179 troy ounces of silver.
Liberty Head “Barber”
The Liberty Head Barber silver quarters were introduced in 1892, together with the rest of the Barber coins series that included a nickel, a dime, and a half-dollar. The designs of these coins were made by Charles Barber, who was the chief engraver with the United States mint at that period.
Barber was picked to design the coins after an unsuccessful contest. Several artists applied because only the winner of the competition would be rewarded a cash prize, and no suitable design was picked.
The minting started in 1892, and new coins were met along with mixed reception from the people. The coins were changed in 1916 after their minimum term ended. Furthermore, the coins feature the head of Liberty and the inscription of the United States of America.
This rare quarter weighs 6.25 grams and is 24.3 mm in diameter. On top of that, the pure silver content in every coin is 0.179 troy ounces, after factoring in allowance for wear.
Collectible Silver Quarters and Silver Coins
Looking for the latest deals of silver coins in the circulated condition is an entertaining pastime, but no one is likely to become extremely lucrative. Would you like to purposely invest in half dollars coins, Washington quarters, and rare quarters? You can buy collectable coins in the mint state from silver bullion that isn’t designated for circulation.
For instance, the Silver Eagle is the only silver bullion coin with a purity, weight, and silver content guaranteed by the American government. Further, US mint manufactured the first American Silver Eagle coins way back in 1986.
On top of that, the design on the reverse of the Americal Silver Eagle quarters minted changed for the first time in history last 2021, offering collectors and investors something intriguing and new to look forward to in the world of collectable silver coinage.
Should You Invest in Silver Quarters?
Silver quarters were manufactured until the year 1964. It was the time when the US mint was changed over to copper-nickel alloy. Together with silver dimes, they are considered one of the reasonable ways to purchase silver bullion. You will also find three other silver quarter coins’ designs that are widely available.
Regardless of the nickname of junk, these silver quarters are somewhat famous with investors and will be simple to trade.
Junk silver quarters are an excellent option for silver investors and collectors alike. The coins command a tiny premium above the spot price of silver and are conspicuously available. Official US coins sometimes being higher collectable value and higher prices. However, keep in mind that junk silver quarters minted are an exception.
For people who like highly liquid and simple to trade silver at a very low cost, these Washington quarters will be difficult to beat.
Where to Find Inexpensive Silver Quarters?
Is sorting through the junk silver isn’t something you feel like during for fun on weekends? You can always skip this process. Your best bet is to buy rare silver coins with a mint mark before 1965 from registered silver quarters dealers instead.
On top of that, the added price you pay for these precious metals (in connection to the material content of silver) must not be much of a problem. That is, provided that the silver stock is anticipated to grow more as industrial demand rises.
Thus, you stand to make some profit from mint state silver quarters later in the year!