Goodbye 25-cent coin, hello $4,500: find out if you have one of these quarters

Among the millions of coins in circulation every day in the United States, there are some that can be worth hundreds or even thousands of dollars.

According to currency website U.S. First Exchange, the value of a coin is determined based on three main factors: the rarity, the condition or grade of the coin, and the demand for it.

A coin will be worth more than its face value if it is rare; that is, if it has some features that most coins don’t. If it is also in good condition and there are few examples, its value will increase. This is the case with some 1976 quarters, which can sell for thousands of dollars.

The 25-cent coin that can be worth up to $4,500

The 1976 quarter without a mint mark, celebrating the bicentennial of the signing of the Declaration of Independence, can be worth thousands of dollars to collectors. Here are its characteristics, so you can find out if you have one.

The obverse (head) of the coin features the bust of President George Washington, the word LIBERTY, the phrase IN GOD WE TRUST and the dates 1776-1976.

• READ ALSO: Turn $1 into $13,500 with this single coin

On the other hand, the reverse (tail) shows a colonial drummer looking to the left and a torch of victory surrounded by thirteen stars. The following phrases also appear: UNITED STATES OF AMERICA, E PLURIBUS UNUM and QUARTER DOLLAR.

As for one of the main characteristics that make this coin worth thousands of dollars, it is important to pay attention to the mint mark; that is, the letter that indicates in which Mint the coin was minted.

The 1976 quarter that can be worth up to $4,500 has no mint mark, D or S. This means it was produced at the Philadelphia Mint.

The Professional Coin Grading Service offers an estimate of what this coin with this “error” could be worth. A very good example- that is, an MS68 grade- could be worth $4,500.

If you think you have this or other coins that may be worth more than their face value, you can go to a pawn shop to have them valued. You can also look for specialized Facebook groups, check eBay or the Professional Coin Grading Service website.

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