The 1923 Standing Liberty quarters are rare and they have value as numismatic coins. Keep reading to learn more about these silver coins.

1923 Quarter

Specifications

Type: Standing Liberty Quarter
Year: 1923
Face Value: $0.25
Composition: 90% silver, 10% copper
Silver Weight: .18084 oz.
Total Weight: 6.25 grams
Current Silver Bullion Value: $3.05

The US minted the 1923 quarter with no mint mark and also the 1923 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
1923 Philadelphia 9,716,000
1923 S San Francisco 1,360,000

Value

This coin in circulated condition is worth at least its weight in silver. The silver melt value for this coin is $3.05 as of November 14, 2019. This melt value is calculated from the current silver spot price of $16.85 per ounce.

The 1923 quarter with no mint mark is worth around $12 in good condition. In very fine condition the value is around $35. In extremely fine condition the value is around $45. 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 $200.

The 1923 S quarter is more rare and a lot more valuable. This coin is worth around $250 in good condition. In very fine condition the value is around $850 and in extremely fine condition the value is around $1,200. In uncirculated condition the price is around $2,100 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $3,000.

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:

1924 Quarter
1921 Quarter
1920 Quarter