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Standing Liberty Quarter Values

How Much Is My Standing Liberty Quarter Worth?

By , About.com Guide

Standing Liberty Quarter
Image Courtesy of: Heritage Auction Galleries, Ha.com

This guide is intended to give you an indication of how much your Standing Liberty quarter minted from 1916 to 1930 is worth.  The table below displays average coin values based upon the condition of the coin.  If the coin shows evidence of wear on it due to being used in business, it is considered "circulated." If it was never used, then it is classified as "uncirculated." The pictures below show examples of each condition.  Some coins are very valuable even in well worn condition. Please note that you cannot increase a coin's value by cleaning it. In fact, cleaned coins are worth significantly less and coin dealers can recognize a cleaned coin immediately.  Therefore, never, never, never clean your coins.

Introduction to Coin Values

There are many factors that go into determining the value of your coins. First of all you must understand how the coin market works. If the coin dealer runs out of 1927-S Standing Liberty quarters, he cannot just call the mint and order more of them because the mint does not make coins dated 1927 anymore. The coin dealer must replenish his supply by buying coins from other dealers or people who come into his store. What he pays you for that coin is known as the "wholesale price" or "value." If you want to buy that 1927-S from the coin dealer, that is known as the "retail price" or "price."

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Market Analysis

Standing Liberty quarters are not widely collected, but do enjoy some moderate popularity among intermediate and advanced collectors. Prices are relatively stable at this time, and tend not to fluctuate with the price of silver as other U.S. coin issues do. Most circulated issues are affordable to the intermediate collector. The advanced collector will seek uncirculated examples and will have to pay a significant premium to obtain them. Also, don't assume that you will be able to walk in to a coin shop with a bag of Standing Liberty quarters and have the coin dealer dig through them to pull out the nice ones.  If you want top dollar for your Standing Liberty quarters, you need to sort them and organize them so the dealer can quickly see what you have.

Key Dates, Rarities and Varieties

The following Standing Liberty quarters in any condition, are worth considerable more than common Standing Liberty quarters.  As such, these coins are frequently counterfeit or altered from common Standing Liberty quarters.  Therefore, before you start celebrating your early retirement with your new found fortune, have the coin authenticated by a reputable coin dealer or third party grading service.

  • 1916
  • 1918-S 18/17 DDO (Doubled Die Obverse; looks like there is a 7 over an 8)
  • 1919-D
  • 1919-S
  • 1921
  • 1923-S
1918 standing liberty quarter doubled die obverse
1918-S 18/17 DDO
Photos copyright 2014 James Bucki

Condition or Grade Examples

Standing Liberty Quarter Average Circulated Condition Circulated Standing Liberty Quarter Average Uncirculated Condition Uncirculated
Click on the photos above for a larger image.
Photos courtesy of Teletrade Coin Auctions, www.teletrade.com

Mint Marks

Standing Liberty quarters were produced at three different mints: Philadelphia (no mint mark), Denver (D) and San Francisco (S).  As illustrated in the picture below, the mint mark is located on the obverse of the coin, near the bottom, just above and to the left of the date.

XXXXXXXX mint mark location
Mint Mark Location
Photos copyright 2014 James Bucki

Type 1, 2 and 3

Approximately halfway through 1917 the obverse and the reverse design on the Standing Liberty quarter was changed. On the obverse, Lady Liberty's bare breast was covered with a coat of chain-mail. The reverse was changed from having seven stars on the left side of the eagle and six stars on the right side of the eagle, to having five stars on each side of the eagle with three stars underneath the eagle. Looking at the reverse is the easiest way to tell Type 1 from Type 2. Beginning in 1925, the date was recessed below the rim so that the numerals are protected and less likely to wear away. The recessed date subtype is known as Type 3.

Standing Liberty Quarter Reverse Variety 1
Type 1
Standing Liberty Quarter Reverse Variety 2
Type 2
 Standing Liberty Quarter Reverse Variety 2  
Type 3
Click on the photos above for a larger image.
Photos copyright 2014 James Bucki

Standing Liberty Quarter Average Values

The following table lists the value (what you can expect a dealer to pay you) for your Standing Liberty quarter. The first column lists the date and mint mark (see the photo above) followed by the value of an average circulated coin and the average value for an uncirculated one. These are approximate values and the actual offer that you will receive from a particular dealer will vary depending on the actual grade of the coin and a number of other factors.

Date Avg Circ Avg Unc Date Avg Circ Avg Unc
Type 1 - No Stars on Reverse 1923 S * $400.00 $1,800.00
1916 * $4,700.00 $12,000.00 1924 $16.00 $160.00
1917 $41.00 $220.00 1924 D $69.00 $210.00
1917 D $50.00 $260.00 1924 S $34.00 $500.00
1917 S $55.00 $250.00 Type 3 - Recessed Date
Type 2 - Three Stars on Reverse 1925 $9.60 $140.00
1917 $25.00 $150.00 1926 $10.10 $140.00
1917 D $35.00 $200.00 1926 D $16.00 $140.00
1917 S $36.00 $250.00 1926 S $12.00 $700.00
1918 $20.00 $160.00 1927 $9.80 $140.00
1918 D $42.00 $300.00 1927 D $24.00 $200.00
1918 S 18/17 DDO * $1,500.00 $13,500.00 1927 S $85.00 $4,200.00
1918 S $23.00 $260.00 1928 $9.90 $140.00
1919 $36.00 $170.00 1928 D $9.90 $130.00
1919 D * $150.00 $1,100.00 1928 S $9.30 $150.00
1919 S * $140.00 $1,000.00 1929 $9.20 $140.00
1920 $16.00 $170.00 1929 D $9.50 $140.00
1920 D $56.00 $600.00 1929 S $8.90 $140.00
1920 S $25.00 $500.00 1930 $9.60 $130.00
1921 * $290.00 $1,000.00 1930 S $9.40 $140.00
1923 $21.00 $170.00        

*= See the section above "Key Dates, Rarities and Varieties" for more information on these coins.

These values have been compiled through my personal analysis of the coin market, referencing publications such as Numismatic News, Coin World, "The Official Blue Book; Handbook of U.S. Coins," The Coin Dealer Newsletter, published auction results and consulting with various coin dealers.

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