The 1928 Standing Liberty Quarter holds a special place in numismatics, captivating collectors with its unique design and historical significance. This article dives deep into the value of the 1928 quarter, examining factors like its condition, mintmark, and market trends. Whether you’re a seasoned collector or a novice, this comprehensive guide offers vital insights into the captivating world of the Standing Liberty Quarter, making it worth your time to read.
What Makes the 1928 Standing Liberty Quarter Unique?
The 1928 Standing Liberty Quarter features an iconic design that commemorates liberty and the American spirit. Created by sculptor Hermon MacNeil, the quarter showcases Lady Liberty standing confidently, draped in a flowing gown with a shield in her left hand and an olive branch in her right. This unique depiction distinguishes it from other quarters in the series.
The 1928 quarter is part of the Standing Liberty Quarter series minted from 1916 to 1930. The design evolved over time, leading to the release of Type 1 and Type 2 coins. The 1928 quarter belongs to the Type 2 category, characterized by changes in the depiction of Liberty, enhancing its appeal among collectors.
How is the Value of the 1928 Standing Liberty Quarter Determined?
The value of a 1928 Standing Liberty Quarter is determined by several factors, including its grade, condition, and rarity. Collectors and investors often turn to price guides and auction results to assess the current market trends. Coins in better condition, such as uncirculated examples, fetch higher prices due to their scarcity.
Additionally, the coin’s mintmark plays a crucial role in its valuation. The 1928 quarter was minted in three locations: Philadelphia (no mintmark), San Francisco (S), and Denver (D). The Philadelphia mint produced the highest number of coins, thus affecting its overall value compared to the rarer San Francisco and Denver editions.
What Are the Different Grades of the 1928 Quarter?
Coin grading significantly impacts the value of the 1928 Standing Liberty Quarter. The Professional Coin Grading Service (PCGS) and the Numismatic Guaranty Company (NGC) use standardized grading systems to evaluate coins based on their physical condition. Grades range from Poor (P) to Perfect Mint State (MS-70).
For example, an extremely fine (EF) grade indicates visible wear but retains much of its original detail, while an uncirculated (MS) coin shows no signs of circulation. Collectors often seek higher-grade coins, as they are generally more valuable and desirable in the market.
What is the Current Market Price for the 1928 Standing Liberty Quarter?
The market price for the 1928 Standing Liberty Quarter fluctuates based on the aforementioned factors. Current trends suggest that the price for circulated examples starts at around $7, while uncirculated coins can command prices upwards of $100 or more. Rare mintmarks, such as the 1928-S, can reach significantly higher values at auctions.
To stay updated on the latest pricing, collectors often refer to price charts and online marketplaces like eBay. These platforms provide a wealth of information regarding recent sales, helping collectors gauge the current market value of their coins.
Where Can You Buy or Sell a 1928 Quarter?
Collectors looking to buy or sell a 1928 Standing Liberty Quarter can explore various avenues. Reputable dealers, such as Accurate Precious Metals, offer a range of coins, including the 1928 quarter. These dealers provide professional guidance and fair pricing, ensuring collectors make informed decisions.
Online marketplaces like eBay also serve as popular platforms for buying and selling coins. However, collectors should conduct thorough research and verify the authenticity of the listings to avoid potential scams. Engaging with numismatic forums can also yield valuable connections and insights for transactions.
What Role Do Mintmarks Play in Valuing the 1928 Quarter?
Mintmarks indicate the location where the coin was produced, and they significantly influence the value of the 1928 Standing Liberty Quarter. The Philadelphia mint produced the majority of these coins, resulting in a higher availability and lower value compared to those minted in San Francisco and Denver.
The 1928-S is particularly sought after due to its limited mintage, making it a valuable find for collectors. Understanding the mintmark location allows collectors to make informed decisions when assessing the potential value of their coins.
How Can You Assess the Condition of Your 1928 Quarter?
Assessing the condition of your 1928 Standing Liberty Quarter requires a keen eye for detail. Collectors should closely examine the coin for wear, scratches, and other imperfections. Utilizing proper lighting and magnification tools can help in evaluating the coin’s surface and overall appearance.
What is the Melt Value of a 1928 Standing Liberty Quarter?
The melt value of a 1928 Standing Liberty Quarter is calculated based on its silver content. Each quarter contains 90% silver and 10% copper, translating to approximately 0.1808 ounces of silver per coin. As silver prices fluctuate, collectors should stay informed about current market rates to calculate the melt value accurately.
What Are the Most Common Types of 1928 Quarters?
The most common types of the 1928 Standing Liberty Quarter include the Philadelphia mint (no mintmark), the 1928-D minted in Denver, and the 1928-S from San Francisco. Each type exhibits unique characteristics and varying levels of scarcity, influencing their respective values.
Frequently Asked Questions About the 1928 Standing Liberty Quarter
What is the historical significance of the Standing Liberty Quarter?
The Standing Liberty Quarter holds historical significance as a representation of early 20th-century America. Minted during a time of transition and progress, the quarter symbolizes the national spirit and ideals of liberty and justice.
How can I preserve the condition of my 1928 quarter?
To preserve the condition of your 1928 quarter, store it in a protective holder or capsule to prevent scratches and environmental damage. Avoid cleaning the coin, as this can diminish its value. Proper storage will help maintain its condition for years to come.
Is it worth investing in a 1928 Standing Liberty Quarter?
Investing in a 1928 Standing Liberty Quarter can be worthwhile, especially if you focus on higher-grade examples and rare mintmarks. The coin’s historical significance and collectible nature may lead to appreciation in value over time.
How do I find a reputable coin dealer?
Finding a reputable coin dealer involves researching local shops and online dealers. Look for dealers with positive reviews and memberships in professional organizations, such as the American Numismatic Association. Engaging in the numismatic community can also provide recommendations for trustworthy dealers.
Summary of Key Points
- The 1928 Standing Liberty Quarter features an iconic design symbolizing liberty.
- Value is determined by factors like grade, condition, and mintmark.
- Coin grading significantly impacts pricing; uncirculated coins are more valuable.
- Market prices fluctuate; current values range from $7 for circulated to over $100 for uncirculated examples.
- Mintmarks play a crucial role in assessing rarity and value.
- The melt value is based on silver content but collectors often prioritize numismatic value.
Sources
- “Standing Liberty Quarter.” USA Coin Book, https://www.usacoinbook.com/coins/18129/standing-liberty-quarter/.
- “Coin Grading 101.” American Numismatic Association, https://www.money.org/coin-grading.
- “Understanding Coin Mintmarks.” Coin World, https://www.coinworld.com/news/us-coins/understanding-coin-mintmarks.html.
- “The Value of Silver.” Kitco, https://www.kitco.com/silver-price-chart.html.