The 1918 Standing Liberty quarters are rare and they have value as numismatic coins. Keep reading to learn more about these silver coins.

1918 Quarter

Specifications

Type: Standing Liberty Quarter
Year: 1918
Face Value: $0.25
Composition: 90% silver, 10% copper
Silver Weight: .18084 oz.
Total Weight: 6.25 grams
Current Silver Bullion Value: $3.08

The US minted the 1918 quarter with no mint mark and also the 1918 D quarter and the 1918 S quarter. The mint mark, when present, can be found on the front side of the coin on the botton left side.

Series Location Quantity Minted
1918 Philadelphia 14,240,000
1918 D Denver 7,380,000
1918 S San Francisco 11,072,000

Value

This coin in circulated condition is worth at least its weight in silver. The silver melt value for this coin is $3.08 as of November 19, 2019. This melt value is calculated from the current silver spot price of $17.05 per ounce.

The 1918 quarter with no mint mark is worth around $20 in good condition. In very fine condition the value is around $35. In extremely fine condition the value is around $55. In uncirculated condition the price is around $150 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $250.

The 1918 D quarter is worth around $22 in good condition. In very fine condition the value is around $75 and in extremely fine condition the value is around $120. In uncirculated condition the price is around $200 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $360.

The 1918 S quarter has two different varieties. There is the 1918 S quarter with the normal date and also the 1918 S quarter with the "8 over 7" error variety. For this error variety the number '8' is minted over the number '7'.

The 1918 S quarter with the normal date is worth around $20 in good condition. In very fine condition the value is around $45 and in extremely fine condition the value is around $60. In uncirculated condition the price is around $180 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $300.

The 1918 S quarter with the "8 over 7" error is quite valuable. This coin is worth around $1,600 in good condition. In very fine condition the value is around $4,250 and in extremely fine condition the value is around $7,000. In uncirculated condition the price is around $14,000 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $25,000.

Grading System

Good- The date and the letters are readable. The top of the date is worn. Liberty's toes and right leg are completely worn. There is a lot of wear on Liberty's left leg and the drapery lines.

Very fine- The garmet line across liberty's leg looks worn, but it's visible at the sides.

Extremely fine- Only the high spots are flattened. Liberty's toes look sharp. The drapery lines across Liberty's right leg are clearly visible.

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.

 

Sources:

The Red Book


See also:

1919 Quarter
1917 Quarter
1916 Standing Liberty Quarter