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Discover The Intriguing Value Of A 1928 Quarter

bugsbookbinge December 25, 2024

What is the worth of a 1928 quarter?

The 1928 quarter, also known as the Standing Liberty quarter, holds significant value among coin collectors and history enthusiasts. Struck by the United States Mint from 1916 to 1930, this coin features a graceful depiction of Liberty standing tall, draped in flowing robes, with the year of mintage inscribed below her.

Today, the worth of a 1928 quarter can vary depending on its condition, rarity, and market demand. Here's a breakdown of the factors that determine its value:

Condition: The physical condition of a coin significantly influences its worth. A well-preserved 1928 quarter with sharp details and minimal wear commands a higher value than a worn or damaged one.
Rarity: The mintage number of a particular year and mint mark affects its rarity. Some 1928 quarters are rarer than others, making them more valuable to collectors.
Market demand: The popularity of a coin among collectors and investors drives its market demand. Higher demand for 1928 quarters translates into increased value.

According to coin experts, the value of a 1928 quarter can range from a few dollars to several hundred dollars. Uncirculated specimens in pristine condition can fetch higher prices, while heavily worn or damaged coins may have a lower value.

In addition to its monetary worth, the 1928 quarter holds historical significance as it was the last year of production for the Standing Liberty design. The coin's graceful imagery and enduring popularity continue to captivate collectors and enthusiasts alike.

1928 Quarter Worth

Understanding the worth of a 1928 quarter involves considering several key aspects:

Condition
Rarity
Mint Mark
Year of Mintage
Market Demand
Historical Significance
Collector Value
Investment Potential

The condition of a coin refers to its physical preservation, with well-preserved coins commanding higher value. Rarity is determined by the number of coins minted in a particular year and mint location. The mint mark, a small letter on the coin's reverse, indicates the mint facility where it was produced. The year of mintage is important as certain years may have lower mintage numbers, making them more valuable.

Market demand plays a significant role, with higher demand leading to increased value. The historical significance of the 1928 quarter, being the last year of the Standing Liberty design, adds to its value among collectors. Collector value refers to the worth assigned to the coin by collectors based on its rarity, condition, and desirability.

Finally, the 1928 quarter holds investment potential due to its potential to appreciate in value over time. However, the value of any coin can fluctuate based on market conditions and economic factors.

1. Condition

The condition of a 1928 quarter is a crucial factor that significantly influences its worth. Coins that are well-preserved, with sharp details and minimal wear, command a higher value than those that are worn or damaged. This is because the condition of a coin reflects its rarity and desirability among collectors.

The condition of a 1928 quarter is determined by several factors, including how it was stored and handled over time. Coins that have been kept in protective cases or albums are more likely to be in better condition than those that have been circulated or exposed to harsh elements. Additionally, coins that have been cleaned or polished may have their surfaces altered, which can negatively impact their value.

When evaluating the condition of a 1928 quarter, collectors and experts use a grading system to assign a numerical value based on the coin's appearance. The Sheldon Coin Grading Scale is commonly used, with grades ranging from 1 to 70, with 70 representing a perfect coin. Higher grades indicate better condition and, consequently, higher value.

Understanding the connection between condition and 1928 quarter worth is important for collectors, investors, and anyone interested in the value of coins. By carefully examining the condition of a coin and having it professionally graded if necessary, individuals can determine its approximate worth and make informed decisions about buying, selling, or collecting 1928 quarters.

2. Rarity

Rarity plays a significant role in determining the worth of a 1928 quarter. The scarcity of a particular coin, combined with its desirability among collectors, can greatly influence its value.

The mintage number of a 1928 quarter is a key factor in determining its rarity. Coins with lower mintage numbers are generally considered rarer and more valuable than those with higher mintage numbers. For example, the 1928-S quarter, minted in San Francisco, had a mintage of just over 1 million coins, making it one of the rarest and most valuable 1928 quarters.

In addition to mintage numbers, the condition of a coin can also affect its rarity. Coins that have been well-preserved and show minimal signs of wear are considered rarer and more valuable than those that have been heavily circulated or damaged. This is because well-preserved coins are more difficult to find and are therefore more desirable to collectors.

Understanding the connection between rarity and 1928 quarter worth is important for collectors and investors alike. By carefully researching the mintage numbers and condition of a particular coin, individuals can make informed decisions about buying, selling, or collecting 1928 quarters.

3. Mint Mark

The mint mark, a small letter imprinted on the reverse of a coin, plays a significant role in determining the worth of a 1928 quarter. It indicates the mint facility where the coin was produced, and different mint marks can affect the coin's rarity and value.

Philadelphia Mint (No mint mark): Coins minted in Philadelphia do not bear a mint mark. These are generally the most common and have a lower value compared to quarters minted at other facilities.
Denver Mint (D mint mark): Quarters minted in Denver are marked with a "D" mint mark. These coins are typically more valuable than Philadelphia mint quarters due to their lower mintage numbers.
San Francisco Mint (S mint mark): Quarters minted in San Francisco are marked with an "S" mint mark. These coins are often the rarest and most valuable of the 1928 quarters due to their low mintage numbers and high demand among collectors.

Understanding the connection between mint mark and 1928 quarter worth is important for collectors and investors alike. By identifying the mint mark on a coin, individuals can gain valuable insights into its rarity and potential value.

4. Year of Mintage

The year of mintage is a crucial factor that influences the worth of a 1928 quarter. The Standing Liberty quarter design was minted from 1916 to 1930, with each year having its own unique mintage numbers and characteristics.

Generally, the lower the mintage number, the rarer and more valuable the coin. This is because coins with lower mintage numbers were produced in smaller quantities, making them more difficult to find and acquire.

For example, the 1928-S quarter, minted in San Francisco, had a mintage of just over 1 million coins, making it one of the rarest and most valuable 1928 quarters. In contrast, the 1928-P quarter, minted in Philadelphia, had a mintage of over 30 million coins, making it more common and less valuable.

Understanding the connection between the year of mintage and 1928 quarter worth is important for collectors and investors alike. By carefully researching the mintage numbers for different years, individuals can make informed decisions about buying, selling, or collecting 1928 quarters.

5. Market Demand

Market demand plays a significant role in determining the worth of a 1928 quarter. It refers to the level of desire and willingness among collectors, investors, and the general public to acquire and own this specific coin.

Popularity and Collectibility: The Standing Liberty quarter design is highly popular and sought after by collectors due to its aesthetic appeal and historical significance. This popularity drives up demand and, consequently, the value of 1928 quarters.
Rarity and Availability: As discussed earlier, the rarity of a particular 1928 quarter, based on its mint mark and year of mintage, affects its market demand. Rarer coins are more desirable and command a higher price due to their scarcity.
Economic Conditions: The overall economic climate can influence market demand for coins. During periods of economic prosperity, individuals may have more disposable income to invest in collectibles like 1928 quarters, leading to increased demand and higher prices.
Investment Potential: Some collectors and investors view 1928 quarters as potential investments, believing that their value will appreciate over time. This investment demand can further drive up the market price of these coins.

Understanding the connection between market demand and 1928 quarter worth is crucial for collectors, investors, and anyone interested in the value of coins. By carefully assessing the factors that influence demand, individuals can make informed decisions about buying, selling, or collecting 1928 quarters.

6. Historical Significance

The historical significance of a 1928 quarter adds to its value and desirability among collectors and enthusiasts. This significance stems from the coin's unique design, its place in American history, and its connection to important events and figures.

The Standing Liberty quarter, designed by Hermon Atkins MacNeil, was introduced in 1916 and quickly gained popularity for its graceful and patriotic imagery. The coin's obverse features a full-length figure of Liberty standing tall, draped in flowing robes, with her right hand extended and her left hand holding a shield and staff. The reverse depicts an American eagle perched on a rock, with the sun rising in the background. This design symbolized the strength, freedom, and ideals of the United States.

The 1928 quarter, in particular, holds historical significance as it was the last year of production for the Standing Liberty design. In 1929, the design was modified to feature a smaller eagle on the reverse, and in 1931, the Standing Liberty quarter was replaced by the Washington quarter, which is still minted today.

Understanding the historical significance of the 1928 quarter is important for collectors and investors alike. It provides context and meaning to the coin beyond its monetary value and helps explain its enduring popularity and desirability.

7. Collector Value

Collector value is a significant component of the worth of a 1928 quarter. It refers to the value assigned to the coin by collectors based on its rarity, condition, desirability, and historical significance.

The collector value of a 1928 quarter is influenced by several factors:

Rarity: Rarer coins, such as those with low mintage numbers or specific mint marks, are more sought after by collectors and command a higher value.
Condition: Well-preserved coins with sharp details and minimal wear are more desirable to collectors and, therefore, have a higher collector value.
Desirability: The popularity of a particular coin design, historical significance, or association with famous events or figures can increase its desirability among collectors, leading to a higher collector value.

Understanding the connection between collector value and 1928 quarter worth is important for collectors and investors alike. By carefully assessing the factors that influence collector value, individuals can make informed decisions about buying, selling, or collecting 1928 quarters.

8. Investment Potential

The investment potential of a 1928 quarter lies in its potential to appreciate in value over time. Several factors contribute to the investment potential of this coin:

Rarity: Rare coins, particularly those with low mintage numbers or specific mint marks, are more desirable to collectors and investors, leading to higher demand and potential appreciation in value.
Condition: Well-preserved coins with sharp details and minimal wear are more likely to retain their value and may even appreciate over time. This is because well-preserved coins are more difficult to find and are therefore more sought after by collectors and investors.
Historical Significance: The 1928 quarter holds historical significance as the last year of production for the Standing Liberty design. This historical significance can increase the desirability and investment potential of the coin.
Market Demand: The overall market demand for coins, particularly rare and historically significant coins, can influence their investment potential. When demand is high, prices tend to rise, leading to potential appreciation in value.

Understanding the investment potential of a 1928 quarter is important for collectors and investors alike. By carefully assessing the factors that influence investment potential, individuals can make informed decisions about buying, selling, or collecting 1928 quarters as potential investments.

FAQs on 1928 Quarter Worth

The 1928 quarter, also known as the Standing Liberty quarter, holds significant value among coin collectors and history enthusiasts. Here are some frequently asked questions and answers to help you understand the worth of a 1928 quarter:

Question 1: What factors determine the worth of a 1928 quarter?

Answer: The worth of a 1928 quarter is influenced by several factors, including its condition, rarity, mint mark, year of mintage, market demand, historical significance, collector value, and investment potential.

Question 2: How does the condition of a 1928 quarter affect its worth?

Answer: The condition of a coin refers to its physical preservation. Well-preserved coins with sharp details and minimal wear command a higher value than those that are worn or damaged.

Question 3: Why are some 1928 quarters rarer than others?

Answer: The rarity of a 1928 quarter is determined by its mintage number. Coins with lower mintage numbers are generally considered rarer and more valuable than those with higher mintage numbers.

Question 4: How does the mint mark affect the worth of a 1928 quarter?

Answer: The mint mark, a small letter imprinted on the reverse of the coin, indicates the mint facility where the coin was produced. Different mint marks can affect the coin's rarity and value.

Question 5: Can 1928 quarters be valuable investments?

Answer: Yes, 1928 quarters, particularly rare and well-preserved ones, can hold investment potential due to their historical significance, rarity, and market demand. However, it's important to note that the value of coins can fluctuate based on market conditions and economic factors.

Understanding these factors can help you determine the worth of a 1928 quarter and make informed decisions about collecting or investing in these coins.

Let's explore the world of coin collecting and investment further.

1928 Quarter Worth

The worth of a 1928 quarter is intricately tied to its rarity, condition, mint mark, year of mintage, market demand, historical significance, collector value, and investment potential. Understanding these factors is crucial for evaluating the value of a 1928 quarter and making informed decisions about collecting or investing in these coins.

The 1928 quarter, particularly rare and well-preserved specimens, holds significant value due to its historical significance as the last year of production for the Standing Liberty design. These coins embody a captivating fusion of artistic beauty and historical importance, making them treasured collectibles and potential investment opportunities.

As with any investment, the value of 1928 quarters can fluctuate based on market conditions and economic factors. However, the enduring popularity and historical significance of these coins suggest that they will continue to captivate collectors and investors alike for years to come.