How Much Is A Gold Quarter Worth In 2022?
How much is a gold quarter worth? Although there are multiple gold quarters in circulation, the US mint has only produced one official gold quarter. All other gold quarters are coated with gold.
A gold coin may not be worth its weight in metal. Many quarters with gold plating are only worth a conventional 25-cent U.S.-minted quarter. These coins have a small layer of gold on them, typically 0.003 inches thick, but it is nearly impossible to sell them again because they have little to no melt value.
However, a genuine gold quarter is rather valuable. One of the 91,752 government-issued gold quarters still in circulation is a collectible object that can be sold for much more than its face value if you're the lucky owner of one.
Are you curious how much is a gold quarter worth? Here are all the details.
COPYRIGHT_WI: Published on https://washingtonindependent.com/how-much-is-a-gold-quarter-worth/ by Luqman Jackson on 2022-10-13T12:44:26.496Z
The 2016 W Standing Liberty Centennial Gold Coin is the only authorized gold quarter in circulation. To mark the 100th anniversary of the Standing Liberty quarter design, the US produced 91,752 of these coins.
0.25 troy ounces of 24 karat gold make up this coin. The W mint mark may be found on the obverse side of each coin, which indicates that it was produced at West Point.
- Year: 2016
- $0.5 face value
- 99.99% of the material is gold.
- Total weight: 0.25 ounces
This coin is worth at least as much in gold as it weighs. By October 12, 2022, each coin has a $417.95 gold melt value. This melt value was determined based on the current spot gold price of $1,671.80 per ounce.
In SP 67 condition, the 2016 W Standing Liberty quarter is worth about $600. The value in SP 70 condition is about $700.
How much is a Gold Liberty Coin worth?
Quarters with gold plating are typical. Over the years, companies and individuals have applied a thin gold layer on regular quarters. The coating is often 24k gold. When state quarters came out for the first time in 1999, many companies gold-plated them.
In the United States, it is legal to put gold plating on a coin as long as it is not changed in any way.
Coins with gold plating are worthless. There is relatively little gold in the layer that has been coated with gold. As a result, the majority of gold-plated quarters are only worth their $0.25 face value.
As of 2018, the value of a 1967 quarter is $2.50 to $2.75 for an uncirculated coin and $1.00 to $1.25 for a circulated quarter (average grade). Proofs, Uncirculated (MS+), or Mint Condition coins can be valued up to $8,813 in high grades (MS67, MS68).
They are worth $24.95 each.
These coins have no true numismatic value beyond their face value, regardless of whether they have been painted or covered in gold or a material that looks like gold. These coins would be worth 25 cents each in this situation.
How much is a gold quarter worth? Standing Liberty gold quarter's melt value, which is derived from the current spot price of gold, is what determines its aftermarket worth. The coin's resale value is around one-fourth of the cost of a one-ounce gold bullion bar because it contains 0.25 ounces of gold.