Coin Values Moving with Precious Metals: Up-Dated 4/15/2024: Gold $2359 | Silver $28.44
1927 Quarter Value
Identify mint variety and condition to find accurate 1927 quarter value. Silver forms a strong base, currently each is worth $5.38 .
Added collector value is determined using a step-by-step method. Mint varieties with large differences in premiums are identified. Narrowing the range on the chart, judge condition by comparing to images of standard grades.
Steps Leading to Value:
- Step 1: Date and Mintmark Variety - Values for 1927 Standing Liberty quarters vary widely depending the mint striking the coin. Correctly identify your coin.
- Step 2: Grading Condition - Determine condition by comparing to images representing the different grades.
- Step 3: Special Qualities - Collectors assemble sets with coins representing the separate issues of each mint for the year. Special qualities enhance desirability.
| 1927 Quarter Value | ||||
|---|---|---|---|---|
| Condition of Coin | ||||
| Date | Good | Fine | Extremely Fine | Mint State |
| Standing Liberty Quarter Values Updated | 4/15/2024 | |||
| 1927 | $5.38 | $6.84 | $35 | $166 |
| 1927 D | $9.96 | $29 | $153 | $235 |
| 1927 S | $46 | $97 | $567 | Rare |
Values on the chart represent demand and scarcity of the "S" mint 1927 quarter as an important coin to recognize. Follow the steps collectors take to identify the potential premiums.
Step 1: | Identify Date and Mintmark Combination
Three Mint Varieties of 1927 Quarters to Recognize
There are three distinctly different value ranges to 1927 quarters depending on the mint striking the coin. Rarest is the San Francisco issue, scarce since first minted and Denver 1927 quarters, a premium find.
Confirming the variety requires identifying the mintmark.
1927-S Standing Liberty Quarter
"S" Mintmark on Obverse: San Francisco Mint Struck the Coin
San Francisco is recorded as striking just 369,000 quarters in 1927. This total became the lowest San Francisco production year of the entire series. Today collectors are willing to pay strong premiums for all examples. Grading in Step 2 is key to an accurate worth.
A small "S" mintmark identifies San Francisco coinage. At the left of the date, just above on the wall, look to find the "S" mintmark. The mark is small and next to the lowest star.
1927-D Standing Liberty Quarter
"D" Mintmark on Obverse: Denver Mint Struck the Coin
Another premium variety is the Denver 1927 quarter. Denver struck an unusually low number of quarters, the only year under 1 million pieces. With a total of 976,400 struck these are considered elusive by today's collector.
Denver Standing Liberty quarters are identified by the "D" mintmark placed on the coin. Looking to the left of the date, slightly above and on the wall the small "D" mark confirms Denver struck the quarter.
1927 Standing Liberty Quarter
No Mintmark on Obverse: Philadelphia Mint Struck the Coin
A large supply of 1927 quarters was produced by the Philadelphia mint. Just under 12 million struck and are the available variety for the year. These are abundant and affordable when compared to the scarce branch varieties. An excellent coin representing the popular Standing Liberty series and sought by new and young collectors
All 1927 quarters without a mintmark were struck at the Philadelphia mint. Look to the left of the date, if the area on the wall next to the star is empty the coin is the Philadelphia issue.
Step 2: | Judge Condition to Identify Grade and Narrows Value
1927 Quarter Value is Conditional
When first minted a quarter has no wear to the surface. As wear progresses and metal is removed through usage different stages are apparent by the remaining design elements. Grades are used to indicate and categorize the remaining quality of the surface.
Collectors use a method of comparing to images representing different grades and judging a close match. Start with the mint state condition, a coin as minted with all details.
Mint State Grade
Mint State: A quarter with all detail intact, no trace of wear and the fine texture of luster remaining is graded as Mint State. Coins approaching this grade are inspected closely because of potential value. High points on the design are Liberty's right leg and the central area of the shield. A close judgement of luster and wear are needed to confirm the grade.
Starting with the shield, note the top portion and fabric over the lower part are lustrous and match each other. A similar shine and brightness cover each with no dulling or smoothness. Wear removes the texture of luster leaving a grey-silver tone to the metal.
Next view the right leg. From the hip, over the knee and extending to Liberty's foot all areas are bright and of a similar appearance. No breaks in shine and textured surface indicates a mint state grade.
Extremely Fine Grade
Extremely Fine: A pleasing amount of detail remains on a coin in Extremely Fine grade. Light wear defines the condition. Certain key elements of the design remain and wear is limited to only the highest points of metal.
Liberty's shield has received some wear limited to the upper edges of the rim and central emblem. The fabric over the lower area shows a slight flat area on the major fold. A soft grey tone to the metal has replaced the luster indicating light wear.
Evident is the flat area now representing Liberty's right knee. A small smooth line of metal is connecting the hip with the foot confined to the highest areas of the leg. On either side of the leg remains a contour to the sides.
Fine Grade
Fine Grade: Areas of flat metal connecting parts of the design is a sign of moderate wear on a Standing Liberty quarter. Details remaining within the major design are placing the condition in the Fine grade.
Liberty's shield is well worn with just a trace of separation from Liberty. The central emblem although very faded is not connected to the fabric. A clear fabric line is visible helping define the grade.
The once rounded contours of Liberty's right leg is now a flat areas from hip to foot. There is no definition of the knee. Small areas of major design elements are merged; however, contours separate the chest, midriff, and lower area of the legs.
Good Grade
Good Grade: Liberty missing any raised areas and in outline form is the result of heavy wear. Quarters with extensive wear and major details merged are defined as Good grade condition.
Although wear is heavy, Liberty is fully separated from surrounding elements. A strong rim remains, and the wall on either side of her is complete. Traces of the fabric covering the shield are visible as well as the upper portion of the shield.
Most of the right leg is one smooth flat area continuing thought-out the center of Liberty. Her left leg remains with traces of the gown. A clear full date is visible along with clear lettering along the rim and across the wall.
How to Video: Grading Standing Liberty Quarters
A sought after date to the series, 1927 quarters are inspected closely for small changes in condition. Additional images and descriptions are used to fully judge condition and accurate value.
Video, Images and Descriptions | Grading Standing Liberty Quarters
Step 3: | Special Qualities | Originality Enhancing Value
Cleaning Never Improves Originality of Coins
The question to clean U.S. coins or not has been a topic since very early in mintage history. Early collectors many times cleaned the old large cents, to "improve" the surface. Silver dollars, Morgan and Peace series were preferred "bright" decades ago, resulting in many "dipped" to enliven the shine.
Today, collectors stress "original" surfaces as the preferred condition when seeking coins to add to their collection. Original surface condition includes both circulated and Mint State coins that have not been cleaned, improved, or brightened.
As coins age they naturally develop toning. Bright mint state coins over time often turn shades of color as the silver tones. Circulated, worn coins take on shades of antique grey and tan.
You can decide eye appeal of the coins imaged. Natural surfaces when compared to the cleaned pieces have depth of color, shades of toning and character. A cleaned coin is not interesting from an asthenic point of view.
Cleaning removes quality traits of the surface. Lack of appeal equates directly into lower values of cleaned coins.
Avoid cleaning any coin and disappointment.
References
U.S. Mint. 1928 U.S. Mint Annual Report https://nnp.wustl.edu/library/book/330
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