Coin Values Moving with Precious Metals: Up-Dated 11/18/2024: Gold $2585 | Silver $30.60
1918 quarter value is identified by a few factors. Mint that struck the coin and condition of the piece are two of great importance.
Images help locate the different mintmarks. Grading descriptions and comparing to images help judge condition and decide a grade.
Steps Leading to Value:
1918 Quarter Value | ||||
---|---|---|---|---|
Condition of Coin | ||||
Date | Good | Fine | Extremely Fine | Mint State |
Standing Liberty Quarter Values Updated | 11/18/2024 | |||
1918 | $17 | $31 | $47 | $172 |
1918 D | $28 | $55 | $100 | $242 |
1918/7 S | $1,283 | $2,460 | Rare | Rare |
1918 S | $19 | $28 | $62 | $246 |
Surviving numbers of 1918 quarter lead to scarcity. The above value chart shows better condition branch mint varieties are becoming high premium coins. Proceed with a few steps to an accurate value of your coin.
1918 is a high production year for Standing Liberty quarters. Three mints across the country struck over 32.6 million pieces, placing it second in total production for the entire series.
Availability makes 1918 quarters an excellent example of the early years of the series. Many collectors seek all three mint issues for the year and each variety is noted with different degrees of scarcity.
Date and mint combination are accurately identified.
"S" Mintmark on Obverse: San Francisco Mint Struck the Coin
San Francisco mint supplied coinage to the western U.S. A need for quarters required a record 11 million to meet demand in 1918. This number became San Francisco's highest yearly total mintage of the entire series. Abundant in numbers today, however, elusive in high quality.
San Francisco mint placed an "S" mintmark on all coinage it struck. At the foot of Liberty, to the left of the date, look for a small "S" placed next to the lowest star.
"D" Mintmark on Obverse: Denver Mint Struck the Coin
1918 is on record as the highest total mintage of the Denver mint for the entire Standing Liberty quarter series. Producing 7.3 million pieces to meet demand for circulating coinage. The majority of these quarters circulated for years, becoming very worn. Abundant are examples with difficult to read dates plus heavy wear. High quality coins with many fine details are elusive and in demand.
Denver is a branch mint and to identify its production placed a "D" mintmark all coinage. The mintmark is very small and located to the left of the date. Look closely on the partition next to the lowest star, a "D" is indicating Denver struck the coin.
No Mintmark on Obverse: Philadelphia Mint Struck the Coin
Throughout the Sanding Liberty quarter series, the Philadelphia mint struck the majority of coins for any year. 1918 saw a total of 14.2 million quarters produced. Although abundant today, the majority are very worn and lack crisp details. Often the date is hard to distinguish and Liberty is worn almost smooth. Collectors award premiums to scarce high condition examples.
Philadelphia in 1918 did not place mintmarks on its production. To confirm the variety, look to the left of the date on the side wall. If no mintmark is present, Philadelphia minted the coin.
Collectors are selective in choosing a 1918 quarter to place their collection. After date and mint, condition of the coin becomes the important factor. Coins are examined and compared to standards of grades to define its condition as a grade. These grades identify the qualities and separate the value ranges.
As example, a Standing Liberty quarter grading Extremely Fine is expected by a collector to show fine detail with just light wear.
Beginning with a mint state coin shows all original detail helping recognize the effects of wear.
Mint State: A very high condition 1918 quarter is awarded top premiums. Those judged in Mint State condition become the elite. To reach Mint State grade the key element is - no wear - to the surface. A close inspection is needed to confirm.
Silver when first minted is a bright silver-white. Wear quickly dulls the shine to a grey-silver tone. Mint luster also covers the coin and disturbing its texture is an indicator to the presence of wear. Inspecting the folds of material covering the lower shield shows no dulling of the silver and no smoothing of texture. Additional high points are viewed to help confirm all areas of the coin are uniform in both shine and texture. Look down the center of Liberty for traces of wear.
Extremely Fine: Light wear without removing fine line detail is defining a quarter in Extremely Fine grade. An overall soft-grey tone to the metal indicates luster is worn and a close look identifies small areas of smooth metal.
Fine detail across Liberty's chest is lost and fading. Details of the scarf crossing her mid-section remain although becoming faint.
Notice the neck-line to her gown is complete at the top and fine detail remains.
Fine Grade: Once many of the small elements to the design are worn and missing, moderate wear defines the Fine grade.
Flatness is covering the center of Liberty. Her chest, mid-section, and right leg show distinct flat areas just beginning to connect. Inspecting the gown at the neck, the separation is very faint or missing in the center. Folds of the gown over the lower shield are clearly worn and merging with the shield.
A clear date is helping eye appeal and placing the condition in a strong Fine grade.
Good Grade: Loss of both fine detail and flatness of major design elements defines the Good grade. Liberty appears as a flat outline. Clear separations of the shield, scarf, and folds to her gown are missing.
Inspecting the neck area, Liberty's gown is worn smooth and there is no neck-line to the gown. Date remains readable, essential to identify the year and mint issue of the coin.
Small differences in quality and condition of 1918 quarters are reflected in large changes in value. Explore grading in detail with added images and descriptions.
Video, Images and Descriptions | Grading Standing Liberty Quarters
Future value of the Standing Liberty quarter series is promising. Many elements supporting values of coins are found with these old quarters. Popularity leads as a strong factor to both today's values and gives an insight to how they are potentially viewed as time goes on.
Popularity requires a certain level of interest by collectors to create demand and then the values they place on coins. Standing Liberty quarters enjoy many lasting qualities.
Standing Liberty quarters; a unique and artistic design are also a 90% silver alloy. A precious metal coin in comparison to the non-precious metal quarters of today. They have lasting value in metal content, design, history, and collector demand.
References
U.S. Mint. 1919 U.S. Mint Annual Report https://nnp.wustl.edu/library/book/514132
Date by Date
In Depth Standing Liberty Quarter Values
1917 to 1930
Standing Liberty Quarter Values | Strong Demand
Expanded value chart includes all dates and mints of the Standing Liberty quarter series. Grading images highlight the important factors to a collectible quality coin and narrow how much they are worth.
Scarce and rare quarters are found in all the design series. Early era quarters, 1796 to the 1890's are all scarce. Quarters of the twentieth century are very popular today, with certain key dates considered rare.
Coin Value Guide | How to Value a Coin Collection
Place a value on your entire box of old coins. Coin collections are valued using a step-by-step process helping identify, organize, and record specific information needed. Starting with your Standing Liberty quarters continue through the entire collection.
Safe Coin Storage | Recommendations
Recommendations on basic supplies that greatly improve coin storage. Providing for safe handling, preserving of value and organizing your box of old coins. Stored and housed properly, Standing Liberty quarters maintain their condition and value.
★Coin Values Discovery finds 1918 Quarter Value and...
All old U.S. coin values. Follow this image and description index leading to value charts. The same step-by-step method to value Standing Liberty quarters is used for each series of date and variety identification. Additionally, grade condition by comparing to images, video and descriptions. Special qualities are also judged. Discover how much your box of old coins is worth.