If there is a 1968 Washington quarter in your collection, it may be worth examining it more carefully. This vintage coin with the design of famous artist John Flanagan, has reportedly sold for as much as $2800 dollars in auctions, but under specific circumstances. Here is how to recognize and evaluate this possible gem.
What makes the 1968 quarter valuable?
The 1968 Washington quarter is valuable primarily due to its rarity in high-grade conditions. Most of these coins are worth a few dollars, but if you find one that is uncirculated or in pristine condition, its value can skyrocket. Coins that were minted in Philadelphia and lack the “D” or “S” mint marks are especially sought after.
How to identify a valuable 1968 quarter
To check if your 1968 quarter could be worth up to $2,800, follow these steps:
- Mint Mark: Look for a quarter without a mint mark. Coins produced at the Philadelphia Mint (no mint mark) in high grades are the most valuable.
- Condition: Coins in mint or near-mint condition, often graded MS-63 or above by the Professional Coin Grading Service (PCGS), are highly valued. Avoid quarters that show significant wear, scratches, or discoloration.
If your coin checks these boxes, it may be time to consult with a professional appraiser or coin dealer to see if it is worth grading.
What is the background of the 1968 Washington quarter?
The Washington quarter was first created in 1932 to celebrate George Washington’s 200th birthday. By 1968, quarters no longer contained silver, as the U.S. Mint shifted to a copper-nickel composition due to the rising price of silver. The 1968 quarters, including those designed by John Flanagan, bear the iconic Washington profile on the obverse and an eagle on the reverse, which adds to their collectible appeal.
How much can you make from selling a 1968 quarter?
If you have a high-quality, Philadelphia-minted 1968 quarter, here’s a breakdown of what it could be worth:
- Basic Condition: In circulated condition, these quarters are typically worth only face value or a few dollars.
- Uncirculated Condition: Coins graded around MS-63 can be worth up to $40, and those graded MS-65 or higher can command between $175 to $2,800, depending on collector interest and overall demand.
Should you have your 1968 quarter graded?
Getting a coin graded by PCGS or another reputable grading service can be beneficial if you believe your 1968 quarter is in near-perfect condition. However, grading services cost money, so consider this if your coin is likely to meet high-grade criteria. If you are unsure, reach out to a local coin dealer or an online community of collectors for a second opinion before committing to a grading service.
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