How Much Is Eleanor Roosevelt Quarter Worth

How Much is an Eleanor Roosevelt Quarter Worth?

The Eleanor Roosevelt quarter, part of the America the Beautiful Quarters® Program, is a valuable collectible for coin enthusiasts and history buffs alike. While its face value remains a modest 25 cents, its actual worth depends on several factors, making it a potentially lucrative addition to your coin collection.

Understanding the Value of an Eleanor Roosevelt Quarter

The value of any coin, including the Eleanor Roosevelt quarter, fluctuates based on several key factors:

1. Condition: The Key to Value

The condition of your coin is arguably the most significant determinant of its worth. Collectors meticulously grade coins based on wear and tear, using standardized grading scales such as the Sheldon Scale. A coin in uncirculated condition (Mint State or MS), meaning it shows no signs of wear, commands a significantly higher price than a circulated coin with scratches, dents, or other imperfections. Even minor imperfections can drastically reduce value.

• Mint State (MS): These coins are highly sought after and can fetch premiums many times their face value.
• Circulated: These coins are worth only their face value unless they possess extremely rare error marks.

2. Mint Mark: Identifying the Origin

The mint mark, a small letter or symbol indicating the mint where the coin was produced (e.g., 'D' for Denver, 'P' for Philadelphia), can influence value. Certain mint marks might be less common, making coins minted at those locations more desirable to collectors.

3. Demand and Rarity: The Collector's Market

The overall demand for the Eleanor Roosevelt quarter in the collector's market is another crucial factor. If demand is high and supply is low, the price will increase. While the Eleanor Roosevelt quarter was widely minted, specific variations, mint marks, and conditions can still affect its market value.

4. Error Coins: The Unexpected Windfall

Extremely rare error coins, those with unique minting errors such as off-center strikes, broadstrikes, or lamination issues, are often worth substantially more. Keep a keen eye out for any unusual characteristics that might indicate an error. These can be highly valuable to collectors.

How to Determine the Value of Your Eleanor Roosevelt Quarter

To determine the precise value of your Eleanor Roosevelt quarter, you can utilize several resources:

• Online Coin Price Guides: Many reputable websites provide detailed pricing information based on coin condition and mint mark. Use these guides as a general reference point.
• Coin Grading Services: Professional coin grading services offer expert assessments of your coin's condition, providing a certified grade that significantly impacts its value. This is essential for high-value coins.
• Coin Dealers and Auctions: Consulting with experienced coin dealers or participating in coin auctions can help you gauge current market prices and potentially sell your coin for the best possible price.

Remember: Online price guides offer estimates. Actual selling price depends on the current market and the buyer. Always do thorough research before selling or buying.

Conclusion: More Than Just 25 Cents

While the Eleanor Roosevelt quarter's face value is 25 cents, its actual worth can range considerably depending on condition, mint mark, and market demand. By understanding these key factors and utilizing the resources described above, you can effectively assess the potential value of your Eleanor Roosevelt quarter and appreciate its historical significance as a valuable collectible.