The 1916 Standing Liberty quarters are very rare and they command high prices. Keep reading to learn more about these silver coins.
Specifications
Type: Standing Liberty Quarter
Year: 1916
Face Value: $0.25
Composition: 90% silver, 10% copper
Silver Weight: .18084 oz.
Total Weight: 6.25 grams
Current Silver Bullion Value: $5.67
There is no mint mark for this coin and it was only minted in Philadelphia. 1916 D quarters or 1916 S quarters do not exist.
| Date Minted | Location | Quantity Minted |
|---|---|---|
| 1916 | Philadelphia | 52,000 |
Value
This coin in circulated condition is worth at least its weight in silver. The silver melt value for this coin is $5.67. This melt value is calculated from the current silver spot price of $31.34 per ounce.
A 1916 Standing Liberty quarter in any condition will be valuable. However the value rises significantly with each small increase in grade.
This coin is worth around $4,250 in good condition. In very fine condition the value is around $7,500. In extremely fine condition the value is around $10,000. In uncirculated condition the price is around $13,500 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $17,500.
Note that this is a collectible numismatic coin so therefore the value will change based on the collector's market and the overall economy.
Grading System
Good- The date and the letters are readable. The top of the date is worn. Liberty's toes and right leg are completely worn. There is a lot of wear on Liberty's left leg and the drapery lines.
Very fine- The garmet line across liberty's leg looks worn, but it's visible at the sides.
Extremely fine- Only the high spots are flattened. Liberty's toes look sharp. The drapery lines across Liberty's right leg are clearly visible.
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.
Sources:
The Red Book
See also: