The 1923 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: 1923
Face Value: $0.25
Composition: 90% silver, 10% copper
Silver Weight: .18084 oz.
Total Weight: 6.25 grams
Current Silver Bullion Value: $13.96
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 obverse side of the coin on the bottom 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 $13.96. This melt value is calculated from the current silver spot price of $77.18 per ounce.
The 1923 quarter with no mint mark is worth around $20 in very good condition. In very fine condition the value is around $40. In extremely fine condition the value is around $55. In uncirculated condition the price is around $205 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $310.
The 1923 S quarter is more rare and a lot more valuable. This coin is worth around $470 in very good condition. In very fine condition the value is around $850. In extremely fine condition the value is around $1,500. In uncirculated condition the price is around $2,900 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $3,900.
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Grading System
Very good- The date is clearly visible. Liberty's toes are barely visible. The drapery lines above Liberty's left leg are visible.
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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