The $35 Million 1796 Draped Bust Quarter: America’s Historical Coin

By John

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In the world of numismatics, rare coins are like hidden treasures waiting to be discovered. Among these treasures, some coins are exceptionally valuable, with prices reaching millions of dollars.

This article explores three such coins—the $90 million Bicentennial Quarter, the $40 million 1932 Washington Quarter, and the $35 million 1796 Draped Bust Quarter. Each of these coins has a unique story and holds a special place in the world of coin collecting.

The $90 Million Bicentennial Quarter

Released in 1976 to celebrate America’s 200th birthday, the Bicentennial Quarter was part of a special edition. While most quarters are worth just 25 cents, this particular coin is valued at an astounding $90 million. Its value comes from several unique factors:

  • Error Coin: It was mistakenly struck on a 90% silver planchet, instead of the usual copper-nickel blend.
  • Double Die Obverse: The design features were duplicated during the minting process, adding to its rarity.
  • Impeccable Condition: The coin’s excellent condition boosts its value even further.

This combination of rare errors and perfect condition makes the $90 million Bicentennial Quarter a remarkable find in the world of numismatics.

The 1932 Washington Quarter

The 1932 Washington Quarter is another highly valued coin. It was minted to celebrate George Washington’s 200th birthday and was originally intended to be a limited edition. However, its popularity led to its continued production with some variations.

The most prized are those with an “S” mint mark from San Francisco. Valued at over $40 million, this coin is cherished for its historical significance and rarity.

The 1796 Draped Bust Quarter

Dating back to the early days of the United States Mint, the 1796 Draped Bust Quarter is a historical gem. Valued at over $35 million, it is one of the earliest coins produced by the Mint. Designed by Robert Scot, the first Chief Engraver, it features Lady Liberty and a small eagle. With only 6,146 coins minted, its rarity makes it a highly sought-after collector’s item.

These rare coins—the $90 million Bicentennial Quarter, the $40 million 1932 Washington Quarter, and the $35 million 1796 Draped Bust Quarter—are more than just currency.

They represent a fascinating blend of history, artistry, and rarity. For collectors and enthusiasts, these coins are treasures that tell the story of America’s numismatic past and continue to captivate imaginations today.

1. Why is the $90 Million Bicentennial Quarter so valuable?

The $90 Million Bicentennial Quarter is valuable because it was struck on a silver planchet by mistake, features a double die error, and is in impeccable condition.

2. What makes the 1932 Washington Quarter special?

The 1932 Washington Quarter is special due to its limited edition, historical significance, and the rarity of those with an “S” mint mark.

3. How many 1796 Draped Bust Quarters were minted?

Only 6,146 of the 1796 Draped Bust Quarters were minted, making it a rare and valuable coin.

4. Who designed the 1796 Draped Bust Quarter?

The 1796 Draped Bust Quarter was designed by Robert Scot, the first Chief Engraver of the United States Mint.

5. Why are these coins considered treasures?

These coins are considered treasures because they combine historical importance, artistic value, and extreme rarity, making them highly sought after by collectors.


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