Generally speaking, collectors go crazy over coins produced by the US Mint throughout the late 19th and early 20th centuries. The Standing Liberty Quarter series falls into the latter of the two time periods, but is one that collectors are constantly eager to get their hands on. Unfortunately, collecting these coins becomes a bit difficult once you realize that there were two or three different varieties of the coin minted with most annual releases.
This means that collectors not only need to establish which type of coin they want to acquire, and then the condition they would prefer it to be in. Because these coins are so old and were so popular to use for day-to-day purchases, finding one of them in excellent condition is a bit of a challenge.
For any coin from the early 1900s, the first thing any collector will look at is the condition of the coin. These coins, being as old as they are, have been subjected to a lot of damage over the years and many of them will quite aptly show this damage. Collectors are tasked with purchasing only those coins that have passed each individual collector’s individual condition requirements.
Normally, we see people send their coins away to be graded by a professional company, but not everyone has the extra time and funds sitting around to pay for grading. Knowing this, we have provided below a listing of the different aspects of coins of specific grades as to give you a better idea of what a coin of a certain condition might look like.
Uncirculated: A coin that has been graded as being Uncirculated is one that has spent no time at all being exchanged. Instead, these coins were put into safekeeping shortly after being minted and have avoided any and all damage. While these are definitely the most sought after types of Quarter, they are by no means the cheapest.
Extremely Fine: For a coin to be graded as being Extremely Fine, the piece in question will have had to been circulated for only a very short period of time. As such, you will likely not be able to notice much damage or wear by simply looking at the coin. Under close inspection, however, you will be able to see some light signs of wear and tear.
Fine: A coin that is given the grade of Fine is one that spent time in circulation, but was somehow able to avoid the heavy damage you often find with these coins. The overall imagery of the coin will remain intact, but the raised texture of the faces will have been worn down over the years.
Very Good: Very Good is a grade given to coins that have been extremely heavily circulated, but are not in such terrible shape. Though you will undoubtedly be able to make out plenty of heavy scratching and sometimes even chipping, these coins will be somewhat preserved such that adding them to a collection is not at all out of question. On top of it all, these are some of the most affordable Standing Liberty Quarters on the market today.
When it comes to finding out a price for the Standing Liberty Quarter, you are to look at two main things before anything else. For one, it is important to assess the condition of the coin. Because Standing Liberty Quarters that have been well-preserved sell for the highest prices, the condition matters a lot. Also, because more than one type of Standing Liberty Quarter was produced each year, the specific type will also play into the price. Below is a chart that outlines how much you can expect to pay for a 1923 Standing Liberty Quarter given its type and condition.
Standing Liberty Quarters
|1923 Standing Liberty Quarter||$15||$30||$55||$100|
|1923 Standing Liberty Quarter (S)||$280||$740||$1,500||$2,000||Source: Red Book|