The 1860 Seated Liberty quarters have value as numismatic coins. Keep reading to learn more about these silver coins.
Specifications
Type: Seated Liberty Quarter
Year: 1860
Face Value: $0.25
Composition: 90% silver, 10% copper
Silver Weight: .18 oz.
Total Weight: 6.22 grams
Current Silver Bullion Value: $5.03
The US minted the 1860 quarter with no mint mark and also the 1860 O quarter and 1860 S quarter. The mint mark, when present, can be found on the reverse side of the coin below the eagle.
| Series | Location | Quantity Minted |
|---|---|---|
| 1860 | Philadelphia | 804,400 |
| 1860 O | New Orleans | 388,000 |
| 1860 S | San Francisco | 56,000 |
Value
This coin in circulated condition is worth at least its weight in silver. The silver melt value for this coin is $5.03. This melt value is calculated from the current silver spot price of $27.94 per ounce.
The 1860 quarter with no mint mark is worth around $35 in good condition. In very fine condition the value is around $75. In extremely fine condition the value is around $175. In uncirculated condition the price is around $550 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $1,000.
The 1860 O quarter is worth around $55 in good condition. In very fine condition the value is around $110. In extremely fine condition the value is around $250. In uncirculated condition the price is around $1,250 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $1,850.
The 1860 S quarter is worth around $1,150 in good condition. In very fine condition the value is around $5,750. In extremely fine condition the value is around $9,000. In uncirculated condition the price is around $45,000 for coins with an MS 60 grade.
Proof coins with no mint mark are available and they are each valued at around $1,200 in PR 63 condition. There were 1,000 proof coins minted.
Grading System
Good- The word "LIBERTY" on the shield is not readable. The letters and the date are readable.
Very fine- The word "LIBERTY" on the shield is strong.
Extremely fine- The word "LIBERTY" on the shield and the edges on the scroll are distinct.
MS 60 uncirculated- There are no signs of wear. The coin has luster, but there may be a few stains, abrasions, or surface marks.
MS 63 choice uncirculated- In the major focal areas there are some blemishes or contact marks. The coin's luster might not be as prominent.
PR 63 proof- This coin has reflective surfaces and only a few blemishes away from the major focal points. There are no major flaws.
Sources:
The Red Book
See also: