The 1903 Barber quarters have value as both numismatic coins and as silver bullion. Keep reading to learn more about these coins.

1903 Quarter

Specifications

Type: Barber Quarter
Year: 1903
Face Value: $0.25
Composition: 90% silver, 10% copper
Silver Weight: .18084 oz.
Total Weight: 6.25 grams
Current Silver Bullion Value: $5.34

The US minted the 1903 quarter with no mint mark and also the 1903 O quarter and 1903 S quarter. The mint mark, when present, can be found on the reverse side of the coin below the eagle.

Series Location Quantity Minted
1903 Philadelphia 9,759,309
1903 O New Orleans 3,500,000
1903 S San Francisco 1,036,000

Value

This coin in circulated condition is worth at least its weight in silver. The silver melt value for this coin is $5.34. This melt value is calculated from the current silver spot price of $29.51 per ounce.

The 1903 quarter with no mint mark is worth around $12 in good condition. In very fine condition the value is around $45. In extremely fine condition the value is around $65. In uncirculated condition the price is around $250 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $500.

The 1903 O quarter is worth around $12 in good condition. In very fine condition the value is around $70. In extremely fine condition the value is around $135. In uncirculated condition the price is around $500 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $1,000.

The 1903 S quarter is worth around $17 in good condition. In very fine condition the value is around $100. In extremely fine condition the value is around $150. In uncirculated condition the price is around $650 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $1,250.

Proof coins with no mint mark are available and they are each valued at around $750 in PR 63 condition. There were only 755 proof coins minted.

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Grading System

Good- The date and the inscriptions are readable. The word "LIBERTY" inscribed on Liberty's headband has been completely worn off.

Very fine- The word "LIBERTY" inscribed on Liberty's headband is visible but plain.

Extremely fine- The word "LIBERTY" inscribed on Liberty's headband is sharp. The edges on Liberty's headband are distinct.

MS 60 uncirculated- There are no signs of wear. The coin has luster, but there may be a few stains, abrasions, or surface marks.

MS 63 choice uncirculated- In the major focal areas there are some blemishes or contact marks. The coin's luster might not be as prominent.

PR 63 proof- This coin has reflective surfaces and only a few blemishes away from the major focal points. There are no major flaws.

 

Sources:

The Red Book


See also:

1904 Quarter
1902 Quarter
1901 Quarter