The 1918 Standing Liberty quarters are rare and they have value as numismatic coins. Keep reading to learn more about these silver coins.
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: $5.11
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 obverse side of the coin on the bottom 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 $5.11. This melt value is calculated from the current silver spot price of $28.23 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 $175 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $300.
The 1918 D quarter is worth around $25 in good condition. In very fine condition the value is around $100. In extremely fine condition the value is around $135. In uncirculated condition the price is around $250 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $400.
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. In extremely fine condition the value is around $85. In uncirculated condition the price is around $225 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $350.
The 1918 S quarter with the "8 over 7" error is quite valuable. This coin is worth around $1,650 in good condition. In very fine condition the value is around $4,500. In extremely fine condition the value is around $7,500. In uncirculated condition the price is around $20,000 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $27,500.
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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.
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