Coinflation: Barber silver quarter value
  Measuring the Metal Value of Coins – Base Metal, Gold, and Silver Coins

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1916 Silver Quarter

1892 - 1916 Silver Barber Quarter Value (United States)


U.S. MINT SPECIFICATIONS
Denomination:$0.25
Obverse Image:Charles E. Barber's Liberty Head motif, commonly referred to as the "Barber" style, was used on quarter dollars from 1892 through 1916. The obverse motif of Miss Liberty is similar to that found on the dime and half dollar and features her facing to the right, her hair in a Phrygian cap, wearing a laurel wreath with LIBERTY on a small band above her forehead.
Reverse Image:An adaptation of the Great Seal of the United States and depicts a heraldic eagle holding in its talons an olive branch and arrows, although the branch and arrows are transposed from the position used on the quarter nearly a century earlier.
Metal Composition:90% silver, 10% copper
Total Weight:6.25 grams
Comments:It is sometimes referred to as two bits because two bits of a Spanish piece of eight coin made up a quarter of that coin's value. [ ? ]


    
CALCULATING TODAY'S MELT VALUE (USD)
Using the live silver price and the specifications above, these are the numbers required to calculate melt value:
 
 $17.15  =silver price / ounce on Oct 24, 2014.
.90  =silver %
 $3.0613  =copper price / pound on Oct 24, 2014.
.10  =copper %
6.25  =total weight in grams
.0321507466  =ounce/gram conversion factor
.00220462262  =pound/gram conversion factor (see note directly below)


The CME uses pounds to price copper and that means we need to multiply the metal price by .00220462262 to make the conversion to grams. The silver price is based in troy ounces and that means we need to multiply the metal price by .0321507466 to make the conversion to grams.



1. Calculate 90% silver value :

    (17.15 × .0321507466 × 6.25 × .90)  =  $3.1015407285


$3.1015 is the rounded silver value for the 1892-1916 silver quarter on October 24, 2014. This is usually the value used by coin dealers when selling these coins at melt value. However, the total melt value is continued below.



2. Calculate 10% copper value :

    (3.0613 × .00220462262 × 6.25 × .10)  =  $0.0042180


3. Add the two together :

    $3.1015407285 + $0.0042180 = $3.1057587285




$3.1057587285 is the total melt value for the 1892-1916 silver quarter on October 24, 2014.



  ← Calculate coin worth using your own quantity and silver price values.




MINTAGE AND COLLECTIBLE VALUE (USD)
The "Year" column lists the year and mint mark on the coin -- D is for Denver, S is for San Francisco, O is for New Orleans, and P is for Philadelphia. A coin without a mint mark means it was also minted in Philadelphia. The "Mintage" column is the number of coins struck and released by the U.S. Mint. The "Numismatic Value Range" column represents what people typically pay for that type of coin (usually a very wide price range depending on the condition). Viewing current eBay auctions can give you an up-to-date "market value" of your coin by understanding where auction prices are ending.

YearMintageNumismatic Value RangeSpecific eBay Auctions
18928,236,000$8.00 - $6000.001892 Quarter Auctions Only
1892 O2,640,000$16.00 - $9500.001892-O Quarter Auctions Only
1892 S964,079$35.00 - $25000.001892-S Quarter Auctions Only
18935,444,023$8.00 - $4000.001893 Quarter Auctions Only
1893 O3,396,000$10.00 - $8000.001893-O Quarter Auctions Only
19153,480,000$9.00 - $10000.001915 Quarter Auctions Only

More Coming...


If you're interested in learning more about grading Barber quarters, Photograde is an excellent resource.


EBAY AUCTIONS - SILVER BARBER QUARTERS ONLY
I believe that the old saying, "A coin is only worth what someone will pay for it," is absolutely true. I prefer eBay because it displays what people are actually paying for coins. Monthly coin price magazines and online price lists may not reflect current market conditions because they don't demonstrate what people are actually willing to pay.

View all silver Barber Quarter auctions or those with the least time left (below).



CHARTS
Long-term metal price charts for the silver Barber quarter:

     [Most Recent Quotes from www.kitco.com]      [Most Recent Quotes from www.kitco.com]





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