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What You Need to Know About Bicentennial Quarters

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��What You Require to Know About Bicentennial Quarters

The 1970s have been a tumultuous time in the history of the United States. Many of the causes and cultural alterations that started in the 1960s carried over into the subsequent decade. Protests for civil rights for girls, African-Americans, and other marginalized groups continued into the 1970s. Protest against the Vietnam War occupied a big element of the evening news. The environmental movement started even though the Watergate scandal forced the very first resignation of a sitting U. pokerkuda S. president.

The 1970s was also a time of great triumphs. Disco ruled the dance floor even though bellbottoms ruled the fashion world. The United States had just landed a man on the moon. Videocassettes and video games began to appear in a lot more and much more homes. The first individual pc was created and marketed by IBM. Medical advancements included MRIs and the artificial heart.

Probably the biggest celebration the world has ever noticed started its preparing stages in the early 1970s.�A multi-year occasion to celebrate the Bicentennial anniversary of the signing of the Declaration of Independence swept the nation. In addition to parades and souvenirs, the Treasury of the United States issued its 1st circulating commemorative coin.


Style
Secretary of the Treasury George P. Schultz, directed Mrs. Mary Brooks, Director of the Mint, below the auspices of Public Law 93-127 to design and style three new coins emblematic of the Bicentennial of the American Revolution and to start production on July four, 1975. The 3 coins chosen to proclaim the bicentennial were the quarter, half-dollar, and 1 dollar coin.

The individuals of the United States had not noticed a commemorative coin since 1954 when the Treasury Division discontinued the commemorative coin system due to abuses by politicians and specific interest groups. The excitement for the Bicentennial celebration fueled interest in these new coins. The Treasury Division asked�the National Sculpture Society to conduct a design and style contest amongst its nationwide membership, impanel a jury of specialists to judge the entries, and submit several designs for each denomination to the Secretary of the Treasury.



Production
The obverse of the Washington quarter, Kennedy half dollar, and Eisenhower dollar would remain the very same, except they would possess the dual date of 1776-1976. The reverse would function winning styles on the Washington quarter by Jack L. Ahr, even though the Kennedy half-dollar featured Seth Huntington's style, and�Dennis R. Williams' design went on the Eisenhower dollar.

Even so, like any good story, there has to be some controversy. According to an article in the American Numismatic Association publication The Numismatist, Ahr was accused of copying his drummer from a 1973 stamp by the stamp's designer, William A. Smith and he denied it. According to numismatic historian�Walter Breen, "each clearly derive from�Archibald Willard's 1876 painting�Spirit of '76, a painting which numismatic author David L. Ganz suggests that each undoubtedly saw some time in their lives. Ahr, even so, stated that his son had been the model for the drummer.�Brooks, in a letter to Smith, stated that the style for the quarter was "sufficiently original" to impress the National Sculpture Society.

To guarantee that all Americans had access to these commemorative coins and to discourage hoarding, production of these 1976 dated coins began in the prior year on July 4, 1975. Over the subsequent eighteen months, the mint produced billions of these coins. Moreover, special finishes and silver compositions were produced especially for coin collectors.

Total mintages for business strike coins of the 1976 Bicentennial quarters comprised the following:



* 1776-1976 copper-nickel clad from Philadelphia (no mintmark): 809,784,016

* 1776-1976-D copper-nickel clad from Denver: 860,118,839Three particular edition coins have been specifically marketed to coin collectors. These incorporated the following:



* 1776-1976-S Proof copper-nickel clad: 7,059,099

* 1776-1976-S uncirculated silver-clad (40% silver): 11,000,000*

* 1776-1976-S Proof silver-clad (40% silver): 4,000,000*���������������*Several million silver Bicentennial quarters were melted in the 1980s. So although there are still millions of silver 1976 Bicentennial quarters around, that quantity is nowhere close to the 15 million originally made.


Collecting
Considering that more than 1.six billion Bicentennial quarters have been produced in between the Philadelphia and Denver United States Mint facilities, they are still occasionally found in circulation. A lot of United States citizens believed that these coins would be valuable in the future since they were commemorating the 200th anniversary of the signing of the Declaration of Independence. Consequently, gem uncirculated specimens can often be discovered in pocket change because somebody cashed in the coins they've been hoarding because 1976. In addition, nice collector good quality coins can be purchased from your preferred local coin dealer or on the Internet.

Even though company strike coins created for circulation are plentiful, higher-top quality nicely-struck coins are tough to come across. Keep in mind, the mint was beneath intense pressure to generate as a lot of bicentennial coins as they possibly could due to the likelihood of hoarding. Therefore, they sacrificed good quality to acquire quantity. When deciding on a coin for your collection, look at the high points on Washington's cheek to make confident there is no evidence of put on and that the coin is totally struck. On the reverse side, appear for weakness and lack of detail at the best of the drum. Coins with minimal surface scratches, dazzling mint luster, and fantastic eye appeal are necessary for any excellent coin collection.

Coins made particularly for collectors contain the Proof copper-nickel clad, uncirculated 40% silver quarters, and Proof silver quarters. Considering that the mint manufactured these coins with excellent care, scratches and surface harm are seldom a concern. Even so, there are numerous Proof coins made with fatigued dies that had diminished the intensity of the frosting on the devices and decrease the cameo contrast. Look for coins that have deep frosting on the devices and intense reflectivity on the mirror-like fields.

Regrettably, many folks did not store their unique collector edition coins correctly more than the years. Several collectors and individuals bought them straight from the United States Mint and then stored them in less than best situations. This might have integrated boxes that ended up in attics and basements. The extreme temperatures and moisture in these places can lead to toning and corrosion on the surface of the coin. Steer clear of buying any coin that has a haze on the coin's surface.


Investing in Bicentennial Quarters
Since circulation strike quality coins had been produced by the billions, and collector coins have been produced by the millions, nice examples are readily available in the marketplace. Nevertheless, because the quality was sacrificed for quantity, very higher-grade coins can sell for thousands of dollars. Acquiring this value will entail submitting the coins to a single of the prime-tier third-party grading solutions (NGC or PCGS) for certification. Regrettably, if the coin does not grade in a single of the finest recognized categories, the coin will not be worth the money that it took to have it graded and encapsulated.


Bicentennial Quarter Values and Rates
Since circulated examples can be readily discovered in circulation, they are worth no more than face value. Even so, uncirculated coins and particular edition coins made for collectors, are worth slightly a lot more.

Date & MintCirc. BuyCirc. SellUnc. BuyUnc. Sell1976 Copper-Nickel-Clad

F.V.*

F.V.

$three.00

F.V.

1976-D Copper-Nickel-Clad

F.V.

F.V.

$3.00

F.V.

1976-S Copper-Nickel Clad Proof

-**

-

$four.00

$2.00

1976-S 40% Silver Uncirculated

-

-

$six.00

$three.00

1976-S 40% Silver Proof

-

-

$8.00

$4.00

*F.V. =�Face Worth

**No information available since these coins are hardly ever ever discovered in circulated situation.


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on Dec 05, 20