The $1.2 Million 1976-S Proof Bicentennial Quarter- Do You Have This Rare Coin?

The 1976-S Proof Bicentennial Quarter is a unique piece of American history, issued to celebrate the 200th anniversary of the United States’ independence. With its distinctive dual date “1776-1976” and special reverse design featuring a Colonial drummer, the Bicentennial quarter captured the spirit of the nation’s history.

While billions of these quarters were minted, the proof version from San Francisco, especially in pristine condition, can be exceptionally valuable.

A single 1976-S proof Bicentennial quarter reached a staggering $1.2 million at auction, making it one of the most sought-after U.S. coins.

1976-S Proof Bicentennial Quarter

The 1976-S proof Bicentennial quarter was produced at the San Francisco Mint and included in special proof sets for collectors. The “S” mint mark on these coins signifies their proof status, distinguishing them from regular circulation quarters.

These coins were struck with extra detail and a mirror-like finish, enhancing their beauty and appeal to collectors. However, only a few of these proofs, especially in perfect condition, have reached astronomical prices, with the $1.2 million example becoming a legendary sale in the numismatic world.

Condition and Rarity of High-Grade Proofs

The key factor contributing to the high value of the $1.2 million 1976-S Bicentennial quarter is its grade. Coins in exceptionally high grades, such as PR70 (Proof 70), are incredibly rare.

PR70 signifies a flawless coin with no visible imperfections even under magnification. The rarity of finding such perfect coins, along with the Bicentennial design, adds to their allure and value in the collector’s market.

Silver-Clad Composition

The 1976-S proof Bicentennial quarter also comes in a silver-clad version, consisting of 40% silver. This version was produced in limited quantities for special collector sets, making it more valuable than the standard copper-nickel version.

The silver-clad proof quarters are especially prized in high-grade conditions, as they combine the appeal of a precious metal with historical significance.

Auction Success and Demand

The record-breaking sale of a 1976-S proof Bicentennial quarter for $1.2 million showcases the demand for this coin in the numismatic community.

The rarity of finding one in pristine, high-grade condition, coupled with the historic significance of the Bicentennial quarter, has made these proofs highly desirable. This demand continues to drive up the prices, making it an exciting find for any collector.

Coin NameYear IssuedMint MarkCompositionValue Range ($)
1976-S Proof Bicentennial Quarter1976SSilver-CladUp to $1.2M
1976 Bicentennial Quarter1976NoneCopper-NickelUp to $5
1976-S Silver Bicentennial Quarter1976S40% SilverUp to $50
1964 Kennedy Half Dollar1964None90% SilverUp to $50
1955 Double Die Lincoln Penny1955NoneCopperUp to $1,500+

The 1976-S proof Bicentennial quarter is a remarkable piece of American history with significant collector appeal. With its unique design and the potential for extraordinary value, it has become a legendary coin for collectors who recognize its historical and monetary worth.

FAQs

What makes the 1976-S proof Bicentennial quarter so valuable?

Its value stems from its high-grade proof status, rarity, and the fact that a PR70 grade example sold for $1.2 million.

How can I tell if my Bicentennial quarter is a silver-clad proof?

Look for the “S” mint mark and check the weight—silver-clad quarters weigh slightly more than standard copper-nickel quarters.

Are all 1976 Bicentennial quarters valuable?

No, regular circulation Bicentennial quarters typically hold face value. Proof and silver-clad versions in perfect condition are the most valuable.

How much is a silver-clad proof Bicentennial quarter worth?

Depending on condition, these can range from $10 to $50, with exceptionally high-grade examples potentially worth more.

Should I have my 1976-S proof Bicentennial quarter graded?

Yes, professional grading can confirm the condition and authenticity, potentially increasing its value in the collector’s market.

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