This particular circulated coin is known as a Type 4, Silver, Bi-Centennial Reverse by the professional service providing company known as the Professional Coin Grading Service (PCGS). This quarter dollar was struck to celebrate the 200 years of the signing of the Declaration of Independence.
Actually it is peculiarity of this historical event that it happened in America in 1776 and that is why this quarter dollar was created in 1776. Nevertheless, it was crucial for the Americans to sign this agreement even though they obtained their independence in the year 1783.
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Quarter Dollar Coin Dual Date
The two numbers are on this quarter dollar in order to emphasize that was 200 years ago. That is why it is a bi-centennial event. Other than those with the copper-nickel plating, there were also those with 40% silver plating.
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.
According to the page of Chronicle Collectibles, one of them has been sold at $ 19,000 plus. Sometime before this, there was this sale FW. In some other quarter, the same has also appreciated in its value.
Why have these quarter-dollar coins become so valuable?
As was mentioned earlier, some of these quarter dollars circulated in the market were about 40% silver. They are much more costly simply because such quarter dollars are much scarcer due to this extra feature.
It can therefore be agreed that more usage of a certain coin significantly lowers its value than when it is not used frequently. Also, people who collect coins and others may tend to pay more for a quarter dollar which is so fresh looking like new.
Who knows, perhaps once you purchased one of these coins many years ago, or received it as a gift. You could take it to the PCGS to have it graded, and they can tell you how much it is worth. You might want to hold the money though, and sell it later a few years down the line in case its value has appreciated.
FAQs On Just One Coin And The Price Is $19,000
Q. Which coin goes for $19,000?
A. Not all of the antique or error coins may be worth something depending on their state and how difficult it is to find them.
Q. What should I look for when trying to identify this valuable coin?
A. These include minting faults, limited numbers, and historical value.
Q. Sell the coin where?
A. It is possible to sell the coin at auctions, the dealers in foreign and rare coins or at markets set for the same coins.
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