A doubling error and high grade are the causes of the increased pricing. The coin expert did, however, disclose that the silver content of this quarter is valued between $5 and $8, regardless of the condition.
Of course, if you want it to appear brand-new, it can cost up to $6,000. You might be lucky, though, if you spot doubles somewhere on your coin.
The Doubling Error:
The term “doubling” describes a mistake that occurs during the coin’s striking process.
The coin’s features are made of metal parts that malfunction and strike several times, leaving an imbedded image or text.
Misaligned die strikes cause characters, numerals, and even pictures to appear on the coin twice, albeit significantly differently.
San Francisco is where the 1943 quarter with George Washington on it was struck.
The Professional Coin Grading Service estimates that there are currently about 3,500 in circulation.
Finding one with doubling, however, is essential since coin collectors would pay top price for this kind of mistake.
Indeed, the TikToker mentioned that a quarter that doubled in value and had a high grade of MS-65 was sold for $13,905.
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Grading Scale:
Coins are ranked according to a strict system in which each one is given a full number between 1 and 70, the greatest number denoting perfection.
Factors such as coloring, luster, strike, surface preservation, and eye appeal are all considered in the grading process.
Before the numerical grade, the majority of third-party graders, such as Numismatic Guaranty Company (NGC), employ two-letter codes.
For instance, the most popular is MS, which stands for Mint State and denotes coins that are normally produced for circulation.
This is used to characterize both its overall look and production process.
A certain coin was valued at $22,800 due of its aesthetic appeal.
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