SOME might be surprised at how much old coins sell for, including if you happen to have a quarter 1860 Liberty S lying around.
The quarter is part of the sitting Liberty series, minted between 1838 and 1891.
When it comes to coins, the rarest ones often has an error, is printed in low numbers, or has a different unique element.
We explain why the four-quarter Liberty 1860 S is so valuable.
What is the 1860 Quarter Liberty S and why is it worth it?
The 1860 Quarter Liberty S was designed by the third Mint US engraver, Christian Gobrecht.
Along with the S quarter, there were a few other Liberty quarters minted in 1860. These include the unmarked 1860 quarter and the 1860-O coin.
Mints of other coins are of course much higher than Q1860 S.
In total, 56,000 of the 1860 Liberty S sit coins are believed to have been minted.
The coin received some of its rarity due to the aftermath and effects of the American Civil War, which kept the coin out of circulation.
“Like the 1859-S quarter dollar, the 1860-S is a rare date that is virtually impossible to find in mint state,” said Ron Gruth, president of the Professional Coin Grading Service (PCGS). Written in a description of the coin.
“As such, it is one of the most important rarity in the series, on par with some of the Carson City problems of 1870-1873 and 1859-S.”
If you happen to find a quarter 1860 – you’ll want to look for the “S” on the back of the coin.
This can be found on the back of the coin just below the eagle’s arrow.
S stands for mint location, which is San Francisco.
How much is it worth?
If you’re lucky enough to find a quarterback Liberty 1860-S – you’re probably wondering how much it’s worth.
The value will depend on the level and status.
Follow United States Coin Book.
And in average terms, the quarter is worth more than $1,100.
How to find rare coins
There are many ways you can find rare coins.
The first thing you need to do is check the locations in your home or any other place where you might keep your change.
Some other things you can try is by using metal detectors in areas known to be hiding places and by stopping at your local bank branch and asking for a coin wrapper.
You can also try to get a good deal on an online exchange through USA Coin Book or eBay.
But make sure you do your research on this coin first and know its value before buying.
And also – make sure you know about potential fakes online.
To avoid this, make sure you check the seller’s history and whether the coin is certified on the listing.
One cent sitting Liberty nearby on sale for $2,800 online.
https://www.the-sun.com/money/4408626/liberty-1860-s-quarter-rare-valuable/ Quarter 1860 Liberty S Explained And What Makes This Coin Worth $55,705