A QUARTER dollar has captured the attention of collectors, recently valued at $7,637.
This particular coin is graded MS67 by the Professional Coin Grading Service and carries a Certified Acceptance Corporation approval, making it a standout in registry-quality collections.
The 1961-D quarter boasts a hefty mintage of nearly 84 million coins, making it relatively easy to find in Gem condition, according to Heritage Auctions.
However, as collectors dig deeper, the certified population shrinks significantly in the Premium Gem category.
When it comes to the coveted MS67 grade, both PCGS and the Numismatic Guaranty Corporation (NGC) have combined to grade only 15 examples, with none graded finer as of June 2014, per the auctioneering site.
BIG FEATURES
What sets this quarter apart is the stunning toning visible along the left margins of both sides.
The coin displays exquisite reddish-gold, crimson, and forest-green hues, which are much more pronounced on the reverse.
These colors not only enhance the coin’s aesthetic appeal but also indicate its exceptional preservation.
The design elements of the quarter are sharply struck, showcasing a luster that radiates from both sides.
This condition and eye-catching toning have earned coin recognition from CAC, further solidifying its value among collectors, per HA.
In terms of statistics, there are five quarters graded at MS67 with none finer as of July 2014.
The coin weighs 6.25 grams and is composed of 90% silver and 10% copper.
GRADE UP
Coin grading may seem complex, but understanding the basics can help you make better decisions when buying or selling coins.
Coins are assessed on a 70-point scale, where 1 represents the lowest condition and 70 signifies a perfect mint state.
The grading system uses terms like “Good,” which scores a low 4, and “Fine,” rated at 12.
How coins are graded
Coins are graded on a scale of one to 70, with one being the poorest grade, and 70 being the most pristine example.
Numbers 60 to 70 are generally the most sought-after by collectors and are known as Mint State coins.
Pieces that fetch thousands at auction are commonly found in MS67, MS68, and MS69 conditions.
An MS-70 is near-impossible to find among older coins.
However, grading considers more than just wear; factors such as luster, strike quality, and coloration can greatly impact a coin’s value.
As a result, two coins with similar wear may receive different grades based on these aspects.
Authenticity is vital, ensuring the coin has not been altered.
Reputable third-party grading services, like the Numismatic Guaranty Corporation (NGC) and the Professional Coin Grading Service (PCGS), provide expert evaluations, assign grades, and encapsulate coins in protective holders.
Utilizing these services enhances a coin’s credibility and marketability.
Coin grades range from Poor (1) to Mint State (60-70).
For example, a “Good” coin shows basic outlines of the design, while an “Extremely Fine” coin retains sharp details with minimal wear.
Mint State coins may display minor handling flaws but show no signs of circulation wear.
Moreover, grading services can identify proof coins, which are specially produced and graded differently than regular coins.
