Millions of coins circulate across the United States daily, each holding only its nominal face value. However, some coins carry hidden value, particularly rare variants that can fetch astounding prices. One such coin is the George Washington Bicentennial Quarter, a 25-cent piece minted to commemorate the 200th anniversary of American independence. Among the millions of these quarters, a rare variant featuring a double-struck obverse error has skyrocketed in value, with some examples fetching as much as $5 million in collector markets.
A Unique Commemorative Coin
This Article Includes
The George Washington Bicentennial Quarter was minted in 1975 and 1976 to honor the 200th anniversary of American independence. Unlike regular quarters, it features dual dates—”1776-1976″—marking the historical significance of the bicentennial period. This design choice, along with its other distinctive features, sets it apart from typical U.S. coins. Though millions of these coins were produced, certain variants—particularly those with minting errors—are worth far more than their face value.
Key Characteristics of the Bicentennial Quarter
To better understand the George Washington Bicentennial Quarter, it’s important to familiarize yourself with its design features.
- Obverse Features:
Design: The obverse side features a bust of President George Washington facing left.
Inscriptions: The coin includes the words “LIBERTY,” “IN GOD WE TRUST,” and the dual dates “1776-1976.”
- Reverse Features:
Design: The reverse displays a colonial drummer facing left, surrounded by a victory torch and thirteen stars symbolizing the original colonies.
Inscriptions: The reverse also features the phrases “UNITED STATES OF AMERICA,” “E PLURIBUS UNUM,” and “QUARTER DOLLAR.”
Mint Marks:
The George Washington Bicentennial Quarters were minted in three locations: Denver (D), Philadelphia (no mint mark), and San Francisco (S). The mint mark can be found just below Washington’s neck on the obverse.
| Mint Mark | Location | Minted Coins |
|---|---|---|
| D | Denver | Circulated versions, standard quality |
| No Mark | Philadelphia | Standard quality |
| S | San Francisco | Proof versions, primarily for collectors |
The Error That Makes This Coin Valuable
While most George Washington Bicentennial Quarters hold their face value of 25 cents, certain variants have become incredibly valuable. The rarest of these is the double-struck obverse error. This mistake occurs when the design on the front side of the coin is stamped twice, causing a faint, misaligned image. It’s the unique misalignment of the obverse design—Washington’s profile and the inscriptions—that makes this coin so sought-after by collectors.
Identifying the Double-Strike Error
To spot a double-struck obverse, look closely at the obverse of the coin. Here are some key characteristics to look for:
- Double Image: The most prominent sign is a faint double image of Washington’s profile, with some slight misalignment between the two impressions.
- Ghostly Pattern: The double-strike creates an unusual, ghost-like impression that is easy to spot once you know what to look for.
The rarity of this error, along with its historical significance, contributes to the coin’s astronomical value.
Why Is the Double-Struck Bicentennial Quarter Worth So Much?
Several factors contribute to the immense value of the double-struck George Washington Bicentennial Quarter:
Extreme Rarity
Errors in minting, especially double-strikes, are quite uncommon. This makes the few existing double-struck quarters particularly valuable to collectors.
Historical Significance
The coin commemorates the 200th anniversary of American independence, adding a layer of historical importance that appeals to both numismatists and history enthusiasts.
High Collector Demand
Collectors have a particular interest in coins tied to significant events, especially when those coins feature unique minting flaws. The double-struck Bicentennial Quarter has become a coveted item in the numismatic world, with collectors paying millions for the rare few that contain this error.
How to Find a Double-Struck Bicentennial Quarter
If you’re wondering whether you might have one of these valuable coins, here’s how you can check:
- Examine Your Quarters: Start by checking any quarters with the 1776-1976 date. These are the Bicentennial Quarters.
- Look for Double-Strike Signs: Use a magnifying glass to inspect the obverse closely. Search for the faint double image of George Washington’s profile or any misalignment in the inscriptions.
- Check the Mint Mark: Proof versions from the San Francisco mint are more likely to be found in collector sets rather than circulation. If you have one, it could hold more value, especially if it has the double-strike error.
- Consult an Expert: If you suspect you have a valuable coin, it’s always best to consult with a certified numismatist or coin expert. Getting the coin authenticated and graded by an authority like the Professional Coin Grading Service (PCGS) can help determine its market value.
Could You Be Sitting on a $5 Million Coin?
While the chances of finding a double-struck George Washington Bicentennial Quarter in your pocket change are slim, it’s not entirely impossible. With millions of these coins in circulation, it’s worth taking the time to inspect your quarters. The rare error, combined with the historical significance of the coin, could mean a discovery worth millions.
The George Washington Bicentennial Quarter is a reminder of the fascinating world of numismatics, where a small mistake in production can turn an otherwise ordinary coin into a highly valuable treasure. Keep your eyes open for potential gems hidden in your pocket change—you might just find the next rare collector’s item worth a fortune.