This Rare Bicentennial Quarter May Be Worth $7 Million – See 6 More Coins Over $30 Million

I believe that at some point in time, a typical coin that lies around in your pocket could make you a billionaire. Yes, in the world of coins, the most mysterious and profitable thing sells some of the old or rare coins at millions. One such coin that will be discussed in this article is the 1976 Bicentennial Quarter, and a few rare varieties of it have sold for around seven million dollars (approximately Rs 58 crores).

And there are more, though. We shall tell you about six of these rare coins, which have been valued over 30 million dollars (around Rs 250 crore). This article is a treasure for coin lovers and those who keep old coins at home.

Bicentennial Quarter: what makes it so special?

A special quarter was released, representing the signature coin during the bicentennial of American independence. The Bicentennial Quarter was produced in 1976, with a drumming soldier design on the reverse, completely different from the ordinary American quarter.

Around most of these coins’ varieties do not have appreciable values close to the 25-cent mark, some rare versions – say, those with minting mistakes or those with an incredibly high grade – sold for millions.

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So, how can a coin be worth millions?

• Rarity: The fewer the coins, the more likely it is that it is going to be highly sought after.
• Mint error: If the coin has a printing error, it might prove to be very valuable.
• Condition: If the coin is in mint condition (like MS69 or PR70), chances are that it will be valued much more.
• Historical Significance: If a coin is associated with an important historical event, its value is enhanced further.
• Demand: The more a collector craves a coin, the more it will receive during a bidding war.

Rare versions of the Bicentennial Quarter includ

• 1976-S Silver Bicentennial Quarter (MS 69): this coin sold for $19,200 at auction in 2019. This one has an S mintmark indicating it was coinage from the San Francisco Mint.
• 1976-S Clad Proof Deep Cameo (PR 70 DCAM): this sold for $2,760 at auction in 2007.
• 1976-S Clad Proof (PR 70): this coin was sold at auction for $920 in 2010.
• In addition, there was a Bicentennial Quarter, which by mistake was printed on the metal of the dime (10 cents), and the coin sold for $9,200 in 2020.

So, now one comes to six other coins which are worth more than $30 million:

• 1933 Double Eagle ($18.9 million): The coin is never put into circulation. It is a $20 gold double eagle. An auction of it in 2021 saw a sale price of $18.9 million, setting the record for being the most costly coin ever to be sold.
• Flowing Hair Silver Dollar 1794: $12 million: America’s first silver dollar, the historical significance makes it invaluable. One sold for $12 million in 2022.
• Brasher Doubloon, 1787 ($7.4 million): This is a coin by Ephraim Brasher, America’s first private goldsmith. Due to rarity, it sold for $7.4 million in 2011.
• 1913 Liberty Head Nickel ($3.7 million): Only five coins were minted without circulating permission. One sold for $3.7 million in 2010.
• 1894-S Barber Dime ($1.9 million): Only 24 coins minted. One sold for $1.9 million in 2007.
• 2007 Canadian $1 Million Coin: The coin worth over $4 million because of the metal used and rarity weighs 100 kg pure gold.

Identifying rare and valuable coins

Look for double printing, off-center designs, or minted in the wrong metal; all these mistakes tend to make a coin very valuable.

• Check condition: If the coin is in mint condition, get it graded (such as MS69 or PR70).
• Mintmark: The marks S, D, and P indicate where a coin was minted. This makes a difference in value.
• Professional grading: If you thus suspect that your coin might be rare, it has to be certified by PCGS or NGC.

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How to start collecting coins?

• Education: First, read some history and types of coins and their values. This is found in many web sources and books.
• Choose a budget: Start with inexpensive coins at the beginning. Build up from there to a larger collection.
• Focus on one area: Collect only U.S. coins, foreign coins, or only coins with mint errors.
• Buy from trusted sellers: Buy coins only from certified and trustworthy dealers.
• Join the collectors community: Join organizations such as the American Numismatic Association to learn from others.

Conclusion: Is there a treasure hidden in your pocket?

Coins are not a hobby; rather, they can be investments and, indeed, heritage. One of those coins is a very old one that you kept and might be worth millions. It is wise to appraise and give safe storage.

So the next time you pull out your pockets, or upend the basket of old coins in your house – in effect, you had better keep your fingers crossed because you might just find your lucky coin.

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Nicholas