Price Guide for 1923 Quarter Variants
This guide presents price ranges for variants from three sources: eBay sales, third-party auctions, and PCGS guides. Values are shown for various conditions, allowing collectors to compare across different market segments. Price estimates may vary between sources, especially for rarer variants.
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3rd Party PriceCirculated: $11.00 – $186.00Uncirculated: $4.25 – $15,600.00
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eBayCirculated: $11.52 – $204.01Uncirculated: $37.66 – $1,999.95
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PCGS Price GuideCirculated: $15.00 – $225.00Uncirculated: $250.00 – $4,000.00
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3rd Party PriceCirculated: $82.00 – $2,588.00Uncirculated: $10.50 – $7,800.00
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eBayCirculated: $178.50 – $2,520.00Uncirculated: $1,575.00 – $6,507.49
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PCGS Price GuideCirculated: $300.00 – $2,850.00Uncirculated: $3,000.00 – $13,500.00
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3rd Party PriceCirculated: $382.00Uncirculated: $4.25 – $29,375.00
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eBayCirculated: $94.45 – $249.39Uncirculated: $344.00 – $4,100.00
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PCGS Price GuideCirculated: $175.00 – $315.00Uncirculated: $375.00 – $35,000.00
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3rd Party PriceCirculated: $949.00 – $3,290.00Uncirculated: $546.00 – $48,469.00
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eBayCirculated: $2,266.00 – $2,702.00Uncirculated: $2,848.00 – $13,433.33
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PCGS Price GuideCirculated: $2,500.00 – $3,250.00Uncirculated: $3,500.00 – $50,000.00
Design and Specifications of the 1923 Quarter
The 1923 Standing Liberty Quarter was part of a series that began in 1916 and continued until 1930. This coin represents a significant period in American numismatic history, as it was minted during the Roaring Twenties, a time of economic prosperity and cultural change in the United States.
The Standing Liberty design was created to replace the Barber quarter and was part of a broader effort to beautify American coinage. Notably, 1923 was one of the last years before the design was modified in 1925 to improve the coin’s strike quality and durability in circulation.
| Weight | 6.25 grams |
|---|---|
| Diameter | 24.3 mm |
| Mint Marks | S |
| Composition | 90% silver, 10% copper |
| Obverse Design | Standing Liberty, designed by Hermon A. MacNeil |
| Reverse Design | Eagle in flight, designed by Hermon A. MacNeil |
Rarity Factors and Value Drivers
Condition plays a crucial role in determining the value of 1923-S Standing Liberty Quarters. These coins are known for their weak strikes, particularly on Liberty’s head and the date. As a result, well-struck examples with full head details are highly prized by collectors.
Coins in Mint State grades, especially MS65 and above, are extremely rare and valuable. The exposed date on the obverse makes it susceptible to wear, so coins with clear, fully legible dates command a premium. Additionally, original luster and attractive toning can significantly enhance the coin’s desirability and value.
Mintage: 1,360,000
Rarity Scale: Scarce
Circulation Status: Limited Circulation
Preservation Rarity: Rare in grades MS65 and above due to weak strikes and wear on high points
Varieties Errors: None significant for this year
Market Demand: High, especially for well-preserved specimens
The 1923-S Quarter is considered a semi-key date in the Standing Liberty Quarter series due to its low mintage. This scarcity, combined with the general challenge of finding high-grade examples, makes it a sought-after coin among collectors.
Full Head designations on graded specimens can substantially increase the coin’s value, as they indicate superior strike quality. The presence of original mint luster and attractive, natural toning can also positively impact the coin’s worth.
Lastly, the historical significance of the Roaring Twenties era adds to the coin’s appeal, making it an important piece for collectors interested in this dynamic period of American history.
