Coinflation: Silver quarter intrinsic value and coin price
 
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1916-1930 Standing Liberty Silver Quarter Melt Value

1916 - 1930 Standing Liberty Silver Quarter Value (United States)

U.S. MINT SPECIFICATIONS
Denomination:$0.25
Obverse Image:Standing Lady Liberty
Reverse Image:American eagle in flight.
Metal Composition:90% silver, 10% copper
Total Weight:6.25 grams
Comments:Liberty carries an upraised shield in her left hand and an olive branch in her right hand; most notably, this coin was the only circulating coin to feature Liberty with a bare breast. Several design changes occured after the initial 1916 release, most notably covering Liberty's chest with chain mail and the addition of three stars on the reverse under the eagle. Many people the design was changed because of a public outcry regarding Liberty's bared breast. [ ? ]



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CALCULATING TODAY'S MELT VALUE (USD)
Using the latest metal prices and the specifications above, these are the numbers required to calculate melt value:
 
 $17.01  =silver price / ounce on Mar 10, 2010.
.90  =silver %
 $3.3475  =copper price / pound on Mar 10, 2010.
.10  =copper %
6.25  =total weight in grams
.0321507466  =ounce/gram conversion factor
.00220462262  =pound/gram conversion factor (see note directly below)


The NYMEX 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 :

    (17.01 × .0321507466 × 6.25 × .90)  =  $3.0762220155


$3.0762 is the rounded silver value for the 1916-1930 silver quarter on March 10, 2010. 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 :

    (3.3475 × .00220462262 × 6.25 × .10)  =  $0.0046122


3. Add the two together :

    $3.0762220155 + $0.0046122 = $3.0808342155




$3.0808342155 is the total melt value for the 1916-1930 silver quarter on March 10, 2010.



  ← 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, 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).

YearMintageNumismatic Value Range
191652,000$4000.00 - $40000.00
1917 (old design)8,792,000$30.00 - $2000.00
1917 D (old design)1,509,200$30.00 - $5000.00
1917 S (old design)1,952,000$40.00 - $5100.00
1917 (new design)13,880,000$25.00 - $2200.00
1917 D (new design)6,224,400$50.00 - $4500.00
1917 S (new design)5,522,000$50.00 - $5500.00
191814,240,000$20.00 - $2600.00
1918 D7,380,000$30.00 - $7100.00
1918 S11,072,000$25.00 - $11500.00
1918/17 Sunknown$2000.00 - $500000.00
191911,324,000$40.00 - $2500.00
1919 D1,944,000$100.00 - $40000.00
1919 S1,836,000$100.00 - $45000.00
192027,860,000$14.50 - $3000.00
1920 D3,586,400$60.00 - $10300.00
1920 S6,380,000$25.50 - $10600.00
19211,916,000$200.00 - $8000.00
19239,716,000$16.50 - $5300.00
1923 S1,360,000$400.00 - $12000.00
192410,920,000$20.00 - $3050.00
1924 D3,112,000$60.00 - $6000.00
1924 S2,860,000$30.00 - $5000.00
192512,280,000$3.50 - $600.00
192611,316,000$3.50 - $350.00
1926 D1,716,000$11.00 - $8000.00
1926 S2,700,000$3.50 - $10000.00
192711,912,800$3.50 - $1500.00
1927 D976,400$20.00 - $4000.00
1927 S396,000$40.00 - $50000.00
19286,336,000$3.50 - $3500.00
1928 D1,627,600$3.50 - $4500.00
1928 S2,644,000$3.50 - $1500.00
192911,140,000$3.50 - $1350.00
1929 D1,358,000$3.50 - $5000.00
1929 S1,764,000$3.50 - $1200.00
19305,632,200$3.50 - $1000.00
1930 S1,556,000$3.50 - $1700.00

If you think a coin should be added/subtracted, please send an email.
If you're interested in learning more about grading coins, Photograde is an excellent resource.


EBAY AUCTIONS - SILVER STANDING LIBERTY 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 Standing Liberty Quarter auctions or those with the least time left (below).



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

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






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