Coin collectors seek out rare coins with interesting minting histories or value-enhancing attributes. Recently popular coins include the 1970 U.S. quarter. George Washington’s quarters, issued in 1932 to mark his 200th birthday, are ubiquitous; however, certain 1970 quarters are valuable because of their special qualities.
What’s Different About the 1970 Quarter?
The 1970 U.S. quarter, especially those produced at the Denver Mint (marked with a “D” under the date), is prized by collectors for its distinctive features. Despite hundreds of millions being made, several coins from this year are uncommon and expensive due to minting faults, conditions, and restricted distribution.
Basics of 1970 Quarter Design
To recognize a 1970 quarter, know its fundamental design:
- Obverse: Jean-Antoine Houdon’s sculpture-based George Washington picture is on the front. Washington’s picture is surrounded by “Liberty,” “In God We Trust,” and “1970.”
- Reverse (Tails): The reverse (tails) displays an eagle with wings outstretched and arrows in its talons. This design has “The United States of America,” “Quarter Dollar,” and “E Pluribus Unum.”
The 1970 quarter’s worth comes from its condition and a few minting faults, despite its common characteristics.
Why Are 1970 Quarters Worthy?
Denver-minted 1970 quarters are valued owing to minting errors and high-grade condition:
- Misminting: Some 1970 quarters were struck on dimes’ planchets, making them thinner and lighter. Rare mistakes make these coins valuable.
- Condition: Coin condition affects value. Near-mint 1970 quarters are highly valued. In 2023, a PCGS-graded 1970 quarter in MS69 condition sold at auction for $15,000.
- Rarity in High Grades: Only a fraction of the Denver Mint’s 400 million quarters from 1970 remained in perfect shape. Rare, high-grade specimens feed collectors’ desire.
Below is a breakdown of some important specifications for the 1970 Denver quarter, including the highest auction value recorded:
| Specification | Details |
|---|---|
| Mint | Denver (D) |
| Mintage | 417,341,364 |
| Composition | 75% copper, 25% nickel over copper |
| Diameter | 24.30 mm |
| Weight | 5.67 grams |
| Highest Auction Price | $15,000 (MS69 in 2023) |
Value of 1970-D Quarters by Condition
Some 1970 quarters are worth hundreds, but grade boosts their value. PCGS gives a broad reference for values under different conditions:
- MS-63: Up to $2
- MS-64: Up to $5
- MS-65: Up to $16
- MS-66: Up to $22
- MS-67: Up to $65
- MS-68: Up to $2,800
Safeguarding Valuable Coins
Keep a coin in good shape to preserve its worth. Best procedures for handling and preserving rare coins like the 1970 quarter:
1. Be Careful with Coins
Hand oils and grime can damage coins. Use cotton or nitrile gloves or grasp the coin by its edges to avoid smudges and scratches.
2. Select Good Storage Materials
Store coins in acid-free materials. Coin holders, plastic capsules, and Mylar bags can shelter them from air and moisture. Do not use PVC holders since they might harm coins.
3. Environment Control
Protect coins from severe temperatures and humidity. Avoid basements and attics for coin storage. The best place for coin storage is a dry, cold place.
4. Avoid Coin Cleaning
Cleaning coins can degrade their surface and lower their value despite their appeal. Call an expert for appropriate cleaning.
5. Document
Keep thorough records of each coin’s purchase, grading, and certifications for future sales or appraisals. Proper documentation will help your collection gain legitimacy and value.
6. Insurance, Security
Consider coin insurance. A collectibles insurance coverage helps safeguard your investment.
Summary Table: 1970-D Quarter Values by Grade
| Grade | Estimated Value |
|---|---|
| MS-63 | Up to $2 |
| MS-64 | Up to $5 |
| MS-65 | Up to $16 |
| MS-66 | Up to $22 |
| MS-68 | Up to $2,800 |
| MS69 (Highest Grade) | $15,000 at auction in 2023 |
Rare high-quality examples and the 1970 quarter’s history make it an exciting possibility for collectors. Following preservation methods can help keep a coin valuable and appealing in your collection.
FAQs
Q1: Why are 1970 quarters valuable?
Rare minting faults and a lack of high-grade 1970 quarters make them expensive, especially Denver Mint ones. Top-condition coins sell for a lot at auction.
Q2: What makes coin grades important?
Higher grades indicate greater coin preservation and quality, which improves coin value, especially for valuable pieces like the 1970 quarter.
Q3: How can I value my 1970 quarter?
Check the coin’s mint mark, condition, and mistakes. A coin with a minting fault, such as a dime planchet, may be valued.
Q4: Does cleaning coins boost their value?
Cleaning coins can degrade their surface and value. Professional collectors and numismatists advise against washing coins.
Q5: How should coins be stored?
Use acid-free materials to store coins cold and dry. Keep coins in holders or capsules to avoid scratches and ensure important collections.
For novice and experienced collectors, the 1970 quarter provides a thrilling mix of history, rarity, and value. Understanding what makes this coin distinctive and caring for it may maximize your American coin investment.
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