The $40 Million Coin: What Makes the Rare Bicentennial Quarter So Special

Coin collecting is an exciting and sometimes surprising hobby where certain coins can be worth far more than their face value. Among these treasures is the Bicentennial Quarter, released in 1976 to celebrate America’s 200th birthday. While most Bicentennial Quarters are worth just 25 cents, a rare one recently sold for nearly $40 million!

This high value shows how history, rarity, and condition can make coins incredibly valuable. In this article, we’ll explore the Bicentennial Quarter and five other rare quarters, each worth over $15 million, and see what makes them so special.

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The $40 Million Bicentennial Quarter

The Bicentennial Quarter was issued in 1976 to mark America’s 200th anniversary. Normally, these quarters are only worth their face value, but one exceptional quarter has been valued at nearly $40 million. This rare coin stands out because it was mistakenly struck on a 90% silver planchet instead of the usual copper-nickel mix.

Its value is boosted by its perfect condition and the fact that it’s one of the few known examples of this error. Collectors prize it not only for its rarity but also for its historical significance.

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The 1794 Flowing Hair Quarter

The 1794 Flowing Hair Quarter, valued at over $15 million, is one of the earliest quarters ever minted in the United States. It features Lady Liberty with flowing hair on one side and an eagle on the other.

Its historical importance and the limited number minted make it highly valuable. Only a few of these coins have survived in good condition, adding to its rarity and allure among collectors.

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The 1823/2 Overdate Quarter

Valued at more than $15 million, the 1823/2 Overdate Quarter is famous for its overdate error. The numeral ‘3’ was mistakenly stamped over a ‘2’ during minting. This kind of error was common in the early days of the U.S.

Mint due to the manual process of making coin dies. This particular quarter is not only rare but also highly sought after due to its excellent condition and historical significance.

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The 1838 Proof Liberty Seated Quarter

The 1838 Proof Liberty Seated Quarter, worth over $15 million, showcases early American coin design. This quarter is part of a very limited series of proof coins, meaning it was struck with extra care for collectors rather than general circulation.

Its design features Lady Liberty seated on a rock, and its rarity is further enhanced by its proof condition, making it a prized item among collectors.

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The 1870-S Liberty Seated Quarter

The 1870-S Liberty Seated Quarter, with a value over $15 million, is another rare find. It is believed that only a few were minted in San Francisco, and even fewer have survived. This quarter was not intended for public use but was created for a special coin set, making it scarce and valuable.

The 1901-S Barber Quarter

Finally, the 1901-S Barber Quarter, valued at over $15 million, is a key rarity in the Barber Quarter series. Designed by Charles E. Barber, this coin is notable for its low mintage and the small number of high-grade examples that still exist. Its rarity and historical context make it a coveted item among collectors.

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Rare quarters like the Bicentennial Quarter and others on this list are more than just currency—they are pieces of American history. Their high values reflect not only their rarity but also the stories they tell about the past.

For collectors and enthusiasts, these coins offer a unique glimpse into American heritage and the thrill of discovering rare treasures. Each coin’s value goes beyond its metal, representing a significant moment in time.

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FAQs

What makes the $40 Million Bicentennial Quarter so valuable?

The value comes from its rare minting error, being struck on a 90% silver planchet instead of copper-nickel, and its excellent condition.

Why is the 1794 Flowing Hair Quarter so expensive?

It is one of the first U.S. quarters ever minted, and its historical significance and rarity contribute to its high value.

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What is an overdate error on a coin?

An overdate error occurs when one numeral is stamped over another, like in the 1823/2 Overdate Quarter.

Why are proof coins like the 1838 Liberty Seated Quarter so rare?

Proof coins were specially struck for collectors and not for general use, making them rarer and more valuable.

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What makes the 1901-S Barber Quarter so sought after?

Its rarity due to low mintage and the few high-quality examples that have survived make it highly valuable to collectors.

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