Last Updated on March 22, 2022
The W Standing Liberty Centennial Gold Coin, that is, the gold quarter, is an incredibly unique and valuable quarter.
This is due to the fact that in the entire history of the United States, there has only ever been one gold coin issued.
This gold quarter was issued as a way to commemorate Standing Liberty’s 100th anniversary. There have only been 91,752 gold quarters issued.
How Much Is A Gold Quarter Worth?
The value of each gold quarter is quite high as the composition of this quarter is 99.99% 24 karat gold. Therefore, the minimum worth of this gold quarter is, at minimum, worth its value in gold.
However, that is not all, since there was only a limited quantity minted and issued once in all history of the United States, which is why it also has a high numismatic value as well. The base worth of the gold quarter is calculated using the spot market of gold, which can fluctuate on the daily.
This year, the worth of gold melt is 480.37 dollars per coin. The value has been derived using the per ounce value of gold, that is 1,921.49 dollars. The value then also depends on the weight of the gold quarter as well, which is 24 karat gold and 0.25 troy ounces.
After factoring in its numismatic worth, a gold quarter categorized in the SP 67 grade condition can amount to 600 dollars. Furthermore, a gold quarter categorized in SP 70 grade condition can amount to a worth of 700 dollars.
Frequently Asked Questions
Where is the mark on the gold quarter coin?
Like all coins, the gold quarter also bears a mark, which is the W mint mark. You can find this mark on the coins observe side.
Is the gold-plated quarter the same as the gold quarter?
There are progressively more and more collectors, individuals, and companies, that are gold plating standard quarters and coins. This is why gold-plated quarters are becoming more and more common and usually have a layer of 24 karat gold.
This layer is an incredibly thin layer of gold, which does not have a significant worth at all. In addition, gold-plating is a process done to standard quarters. In comparison, gold quarters have a 99.99% composition of 24 karat gold.
The design of the gold quarter is also different than that of a gold-plated quarter. Therefore, gold-plated quarters are in no way the same as the gold quarter in all aspects, which includes the composition, the worth, and the design.
What are gold-plated quarters worth?
It is important to note that gold-plated quarters do not have significant or sizable worth. This is because the layer of gold, even if it is 24 karat gold, is incredibly thin, which equates to a minute amount of gold. So, these gold-plated quarters have a worth that is equivalent to only their face value, which is 0.25 dollars.
Is gold plating legal in the United States?
While it is not illegal to put a quarter through the gold plating process, it is illegal to deface any coin or quarter. Therefore, as long as the coin does not get defaced after going through the gold plating process, it is perfectly legal to do so.
How do I know if a gold coin is authentic?
If you are planning on authenticating a gold coin that you already have or are planning to purchase a gold coin, you can do so by searching for the registration number of the coin. It is important to note the gold coin will have a registration number if it has been graded or certified.
You can find this registration number on the packaging of the coin. This registration number will be either from NGC, that is, the Numismatic Guaranty Corporation, or the PCGS, which is the Professional Coin Grading Service.
If the registration number is registered with either of these two entities, then you can rest assured that the gold coin is authentic.
Is 999 considered to be pure gold in gold quarters?
999, when it comes to gold, signifies that the gold is 99.9% pure, where 0.1% is composed of some other type of metal. In comparison, 999.9 means that the gold composition is 99.99% pure.