Rare S Mint Quarters Fetch Premium Prices – Find Out Their Current Value

In the world of numismatics, certain coins stand out not only for their historical significance but also for their rarity and the premium prices they command. Among these, quarters minted at the San Francisco Mint, denoted by the ‘S’ mint mark, have garnered particular attention.

This article delves into the factors that contribute to the value of these rare ‘S’ mint quarters, highlights specific examples that have fetched premium prices, and provides guidance on identifying and valuing such coins.

Understanding ‘S’ Mint Quarters

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The ‘S’ mint mark signifies that a coin was minted at the San Francisco Mint. Established in 1937, the San Francisco Mint has been responsible for producing proof coins and, more recently, uncirculated business strike coins.

While many ‘S’ mint quarters are produced in large quantities, certain years and varieties are exceptionally rare due to low mintage numbers, unique errors, or high demand among collectors.

Factors Influencing the Value of ‘S’ Mint Quarters

Several factors contribute to the premium prices of certain ‘S’ mint quarters:

1. Low Mintage Numbers: Quarters minted in limited quantities are inherently rarer and more valuable.
2. Minting Errors: Coins with errors during the minting process, such as doubled dies or misstrikes, are highly sought after.
3. High-Grade Condition: Coins in excellent condition, especially those graded as MS67 or higher, command higher prices.
4. Historical Significance: Quarters commemorating significant events or anniversaries often have increased value.

Notable ‘S’ Mint Quarters That Have Commanded Premium Prices

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Here are some ‘S’ mint quarters that have fetched premium prices at auctions:

1. 1932-S Washington Quarter

Minted in 1932, this quarter is notable for its low mintage of 408,000 coins. In MS66 condition, it has been valued at $74,400.

2. 1943-S Washington Quarter

This quarter is known for its doubled die errors. Coins with such errors are highly collectible and can command premium prices.

3. 1965 Special Mint Set (SMS) Quarter

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Struck at the San Francisco Mint, these quarters were part of a special mint set and are rare due to their unique finish and low mintage.

4. 1981-S Proof Deep Cameo Washington Quarter

This proof coin is highly valued for its deep cameo contrast and low mintage. In PR70 DCAM condition, it has sold for $2,530.

5. 2010 Hot Springs Arkansas NP Washington Quarter

Part of the America the Beautiful series, this quarter was minted at the San Francisco Mint and is valued for its low mintage and unique design.

Identifying and Valuing Your ‘S’ Mint Quarters

To determine if you have a valuable ‘S’ mint quarter:

1. Examine the Mint Mark: Look for the ‘S’ mint mark located just below the date on the obverse side of the coin.
2. Assess the Condition: Coins are graded based on their condition, ranging from Poor (P-1) to Perfect Uncirculated (MS70). Higher-grade coins are more valuable.
3. Check for Errors: Look for minting errors such as doubled dies, off-center strikes, or other anomalies that can increase a coin’s value.
4. Consult a Professional: For an accurate valuation, consider consulting a professional numismatist or submitting your coin to a reputable grading service.

While many ‘S’ mint quarters are common and circulate at face value, certain years and varieties are rare and can command premium prices among collectors.

Understanding the factors that contribute to a coin’s value, such as mintage numbers, minting errors, and condition, can help you identify valuable specimens.

If you suspect you have a rare ‘S’ mint quarter, it’s advisable to have it professionally appraised to determine its true market value.

FAQs

What does the ‘S’ mint mark on a quarter signify?

The ‘S’ mint mark indicates that the coin was minted at the San Francisco Mint.

Why are some ‘S’ mint quarters more valuable than others?

Their value is influenced by factors such as low mintage numbers, minting errors, high-grade condition, and historical significance.

How can I determine the value of my ‘S’ mint quarter?

Assess the coin’s condition, look for any minting errors, and consult with a professional numismatist or a reputable grading service for an accurate valuation.