The 1863 Seated Liberty quarters have value as numismatic coins. Keep reading to learn more about these silver coins.

1863 Quarter

Specifications

Type: Seated Liberty Quarter
Year: 1863
Face Value: $0.25
Composition: 90% silver, 10% copper
Silver Weight: .18 oz.
Total Weight: 6.22 grams
Current Silver Bullion Value: $5.57

The US minted the 1863 quarter with no mint mark. No other series were minted for this year.

Series Location Quantity Minted
1863 Philadelphia 191,600

Value

This coin in circulated condition is worth at least its weight in silver. The silver melt value for this coin is $5.57. This melt value is calculated from the current silver spot price of $30.92 per ounce.

The 1863 quarter is worth around $75 in good condition. In very fine condition the value is around $275. In extremely fine condition the value is around $500. In uncirculated condition the price is around $1,200 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $1,800.

Proof coins are available and they are each valued at around $1,200 in PR 63 condition. There were 460 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