Are you curious about the value of your 1959 quarter? You’re not alone! The 1959 quarter is a popular coin among collectors and numismatists alike. While it may seem like just an ordinary coin, the value of a 1959 quarter can vary depending on a variety of factors. In this article, we will explore the history and features of the 1959 quarter, as well as the factors that affect its value. Whether you inherited a collection or stumbled upon a coin in your pocket change, this guide will provide you with valuable insights into the worth of your 1959 quarter. So, let’s dive in and discover what makes the 1959 quarter a sought-after coin!
- Type: Washington Quarter
- Country: United States
- Year: 1959
- Face Value: 0.25 USD
- Silver Weight: .18085 troy oz (5.625 g)
- Metal Composition: 90% Silver – 10% Copper
History and Features of the 1959 Quarter
The 1959 quarter is a United States coin that was minted in the year 1959. It is part of the Washington quarter series, which was first introduced in 1932 to honor the 200th anniversary of George Washington’s birth.
The Obverse and Reverse Designs of the 1959 Quarter
The obverse design of the 1959 quarter features a left-facing bust of George Washington, with the inscriptions “LIBERTY” and “IN GOD WE TRUST” above and below the portrait, respectively. The reverse design of the coin features a bald eagle with its wings spread, clutching an olive branch and arrows in its talons, with the inscription “UNITED STATES OF AMERICA” above and “QUARTER DOLLAR” below.
Other Notable Features of the 1959 Quarter
In addition to its obverse and reverse designs, the 1959 quarter has a number of other notable features. For example, The 1959 quarter has a composition of 90% silver and 10% copper, with a total weight of 6.25 grams and a diameter of 24.3 millimeters. It was the last year that the coin was made with a 90% silver composition, as the following year the U.S. Mint began to transition to a copper-nickel composition for the coin. The 1959 quarter also saw a relatively low mintage, with just over 100 million coins produced across three different U.S. Mint locations.
- 1959 Quarter without a mint mark, it was struck at the Philadelphia mint with a total quantity of 24,384,000.
- 1959 D Quarter, it was struck at the Denver mint with a total quantity of 62,054,232
Note: The D mint mark for the 1959 D Quarter is visible on the reverse, beneath the Eagle.
The Importance of Mint Marks and Productions for 1959 Quarter Value
When it comes to determining the value of a 1959 quarter, two key factors are the mint mark and the production figures. Mint marks can significantly affect the value of a coin, as they indicate which U.S. Mint facility produced the coin. Additionally, the production figures for the 1959 quarter can also impact its value, as coins with lower mintage numbers are often more valuable than those with higher mintage numbers.
Understanding 1959 Quarter Mint Marks
The 1959 quarter was produced at two different U.S. Mint locations: Philadelphia, and Denver. Each mint location placed a unique mint mark on the coin, which is located on the reverse side of the coin below the eagle’s tail feathers. The mint mark for the Philadelphia mint is simply a “P,” while the Denver mint used a “D” which is important for collectors because it can indicate the rarity of a particular coin.
Production Figures for the 1959 Quarter
The Denver mint produced the highest number of 1959 quarters, with a total mintage of 62,054,232 coins. 1959 Quarter without a mint mark, it was struck at the Philadelphia mint with a total quantity of 24,384,000. It’s important to note that the 1959 quarter was the last year of the 90% silver composition, and the U.S. Mint began using a copper-nickel composition for the coin in 1965. As a result, collectors often value the 1959 quarter for its unique historical significance and design.
1959 Quarter Value Guides
Determining the value of a 1959 quarter involves considering various factors, including its mint mark, condition, and rarity. Here are some guides for determining the value of 1959 quarters.
1959 P Quarter Value (no mint mark)
The 1959 quarter without a mint mark, also known as the Philadelphia mint 1959 quarter, can be valued based on its condition. In a circulated condition, the value of a 1959 P quarter ranges from $3.5 to $5. Meanwhile, an uncirculated 1959 P quarter is worth around $12.
1959 D Quarter Value
The 1959 quarter struck at the Denver mint, also known as the 1959 D quarter, can also be valued based on its condition. A 1959 D quarter in MS65 condition, which means it is in excellent condition, is worth approximately $28. However, the value of a 1959 D quarter in circulated or lower grades will be lower. Collectors may also value 1959 D quarters that have other unique characteristics, such as doubling or die cracks, which can increase their value.
1959 Quarter Errors
The 1959 quarter is no exception to the occurrence of errors during minting. Here are some notable errors that can be found on 1959 quarters:
- Doubled Die Error – A doubled die error can occur when a design is stamped on a die twice, resulting in a doubled image. In 1959 quarters, a doubled die error can be found on the obverse side of the coin, particularly on the letters of the word “LIBERTY.” A 1959 quarter with a doubled die error can have a higher value to collectors.
- Die Crack Error – A die crack error happens when the die used to strike the coin cracks. On 1959 quarters, a die crack error can be found on the reverse side of the coin, specifically on the eagle’s wing. The value of a 1959 quarter with a die crack error depends on the size and location of the crack.
- Off-Center Strike Error – An off-center strike error happens when the coin is struck off-center, resulting in a design that is not aligned correctly. 1959 quarters with an off-center strike error can have a higher value to collectors, depending on the degree of misalignment.
Factors That Affect the Value of the 1959 Quarter
The value of a 1959 quarter can be affected by various factors, including:
- Mint Mark – The mint mark on the coin indicates where it was produced. 1959 quarters were minted in Philadelphia and Denver, and the value of each coin can vary depending on its mint mark.
- Condition – The condition of the coin is one of the most significant factors that affect its value. A 1959 quarter in excellent condition can be worth more than one in poor condition. Coins that have not been circulated and are in mint state condition tend to have a higher value.
- Rarity – Some 1959 quarters are more rare than others, such as those with errors or unique characteristics. Coins that have low mintage figures or those that were produced as part of special sets or collections can also be more valuable.
- Historical Significance – The historical context of the coin can also affect its value. For example, a 1959 quarter that was produced during a significant event or era may have more historical significance and, therefore, a higher value.
- Collectors’ Demand – Ultimately, the value of a 1959 quarter is also dependent on the demand from collectors. If a particular coin is in high demand, its value can increase.
It’s essential to consider these factors when determining the value of a 1959 quarter.
Is a 1959 quarter rare?
While 1959 quarters are not considered rare, certain factors can affect their value, such as mint marks, condition, rarity, and historical significance. Some 1959 quarters with errors or unique characteristics can also be more valuable to collectors.
Are 1959 quarters all silver?
No, 1959 quarters are not all silver. From 1932 to 1964, quarters were made with 90% silver and 10% copper. However, in 1959, the United States Mint transitioned to a new composition of 75% copper and 25% nickel. So, 1959 quarters are made of copper-nickel and do not contain any silver.
Where is the mint mark on a 1959 quarter?
The mint mark on a 1959 quarter is located on the reverse side of the coin, to the right of the eagle’s talon. Quarters minted in Philadelphia do not have a mint mark, while quarters minted in Denver have a “D” mint mark.