This unique coin is called a “Type 4, Silver, Bi-Centennial Reverse” by the Professional Coin Grading Service (PCGS). This quarter dollar was made to honor the 200th anniversary of the day the Declaration of Independence was signed.
Since this important event in American history happened in 1776, this quarter dollar is from that year. The signing was very important for Americans, even though they didn’t become independent until 1783.
Quarter Dollar Coin Dual Date
It was 200 years ago, so both dates are on this quarter dollar to make that point clear. That’s why it’s called a bi-centennial. Besides the ones with a copper-nickel coating, there were also some with a 40% silver coating.
Since it will soon be 250 years since the United States signed the Declaration of Independence, these coins may go up in value. The most interesting thing about this quarter dollar was that it had a unique reverse design.
The Chronicle Collectibles website says that one of them sold for more than $19,000. A few years ago, this sale took place. Some other quarters that look the same have also gone up in value.
Why have these quarter-dollar coins become so valuable?
As was already said, some of these quarter dollars were made with about 40% silver. These quarter dollars are much more expensive because they are rarer because of this important trait.
A coin may be worth more if it is not used very often. Also, people who collect coins and other coins may be ready to pay more for a quarter dollar that is like-new.
Maybe you bought one of these coins a long time ago or got it as a gift. You could ask PCGS to grade it and tell you how much it’s worth. You might want to keep the money, though, and sell it in a few years to see if its value has gone up.
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