Many people have the hobby of collecting coins and other antique things. They feel proud to add more items to their collection lists which have higher values like in millions. Rare coins are also their choice which they want to keep with any cause. One such coin is the Bicentennial coin. The latest sale of a rare Bicentennial coin is at $9.5 million.
Why coin collectors are ready to pay millions of dollars for a Bicentennial coin? There must be something special in the Bicentennial coin. We are going to discuss all the features and historical significance of the Bicentennial coin that made the coin stand for millions of dollars.
Rare Bicentennial Coin: Outline
Main Points | Information |
Coin Name | Bicentennial Quarter Coin |
Minting Year of the Coin | Some are from 1975 and some are from 1976, but all have the year 1976 |
Design Features |
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Historical Importance |
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Why it is famous |
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Current Value |
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Reason for High Value |
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Rare Bicentennial Quarter Valued at $31 Million Along with 6 Others
Rare Bicentennial Quarter Worth Nearly $901K, Check 6 Other Coins
Bicentennial Quarter Worth $2.2 Billion, Still in Circulation
7 Rare Dimes and a Bicentennial Quarter, Each Value $90 Million
1950 Lincoln Wheat Penny Value, Check Prices
Bicentennial Coin: Details
The Bicentennial coins are minted at the time of 1976. in the year 1976, the United States completed 200 years 1976. To celebrate the independence of the US, the gove has authorized several mints to design the unique coin. Then, the Bicentennial coin was designed. The features of the design of the Bicentennial coin are given below.
- It has a pic of a colonial boy on it.
- The colonial has a drum in his hand.
- There is also a torch on the coin.
- The coin has 1776- 1976 year written on it.
- The coin has 13 stars on it.
The Bicentennial coin is related to the specific date of the US and there are other features on the Bicentennial coin that make it valuable. We will discuss other features of the Bicentennial coin in the next part of the article.
Why the Bicentennial Quarter Reached $9.5 Million
Why the rate of the Bicentennial coin is too high, who bought an obsolete coin for millions of dollars, there are some reasons for such a high value of the Bicentennial coin, let’s check them.
Historical Significance
The Bicentennial coin has a direct connection with a legendary movement in the US that the US completed 200 years as an independent country in 1976. To show gratitude, a new currency was started in 1976 named the Bicentennial coin. The coin is designed with pride and shows the bright future of the US.
Rarity
The Bicentennial coins are rare. Only a few are left in circulation. Apart from the normal Bicentennial coin, the rare coin which has some errors has high value and seeks the attention of coin collectors.
Condition and Grading
The Bicentennial coins which are in a good state all of the details of the design are visible on the coin are the priority of the coin collectors. The Coin collectors also look for the grading of the coin like MS- 70, etc.
Demand Among Collectors
There are many rare coins in the market but coin collectors seek Bicentennial coins because of their design, popularity among coin collectors, and historical importance.
Rare Coins That Compare to the Bicentennial Quarter
There is another rare coin that is also on the list of coin collector, let’s check their details below.
1794 Flowing Hair Silver Dollar
- The price of this coin is nearly $10 million
- It is the first US silver dollar ever minted.
1933 Saint-Gaudens Double Eagle
- The price of this coin is nearly $7.5 million
- It has is connection with the history related to the Gold Reserve Act.
1913 Liberty Head Nickel
- The price of this coin is nearly $4.5 million
- The coin has mysterious and unauthorized production.
1804 Silver Dollar
- The price of this coin is nearly $4 million
- The coin was minted to give it as diplomatic gifts at the time of 1830.
1894-S Barber Dime
- The price of this coin is nearly $1.9 million
- There are only 24 coins were minted and it is the rarest coin.
Key Factors That Make Rare Coins Valuable
Some factors increase the value of a coin.
- If a coin is rare to find.
- If a coin is in the list of coin collectors.
- If the coin is in very good condition it is less circulated.
- If the coin is related to history.
All of these factors increased the value of a coin.
FAQs
Why is the Bicentennial Quarter so valuable?
The price of the coin is high because it is
- rare
- unique
- related to history
- commemorative coin
How many Bicentennial Quarters were minted?
The number of these coins is in billions. But the coin collectors look for rare ones.
What is the most expensive coin ever sold?
The 1794 Flowing Hair Silver Dollar was sold for $10 million.