What would you choose: A 1982 Quarter or a new Jacket? Initially, You would
choose a new jacket. But what if we tell you that you just missed on some free
cash of up to $450?
Yes, You heard (read) it right!
The value of the 1982 quarter can be from $0.30 to $450, depending on its
condition, mintmark, and error. The 1982 Quarter is unique and among the
highly
valuable coins
from the U.S. Mint. From the 1980s quarters produced, the 1982 and 1983 issued
quarters are worth keeping for their intrinsic value.
Let’s understand why!
Why are the 1982 and 1983 Quarters worth so much?
What would you choose: A 1982 Quarter or a new Jacket? Initially, You would
choose a new jacket. But what if we tell you that you just missed on some free
cash of up to $450?
Yes, You heard (read) it right!
The value of the 1982 quarter can be from $0.30 to $450, depending on its
condition, mintmark, and error. The 1982 Quarter is unique and among the
highly
valuable coins
from the U.S. Mint. From the 1980s quarters produced, the 1982 and 1983 issued
quarters are worth keeping for their intrinsic value.
Let’s understand why!
Why are the 1982 and 1983 Quarters worth so much?
The reason why 1982 and 83 are among the best 1980s Quarters in terms of worth
is because of the economic conditions.
-
The U.S. Mint did not produce uncirculated and proof coins; only circulated
ones are available.
-
This happened due to the Federal Budget cuts and the Economic recession that
peaked in 1982.
-
Since all the coins available are circulated, finding a Quarter in even good
condition is rare, reflecting the value they carry.
Specifications of the 1982 Quarter
Obverse |
Effigy of George Washington along with the inscriptions “LIBERTY. IN GOD
WE TRUST. 1982” and the mintmark
|
Mintmarks |
Philadelphia (P), Denver (D), and San Francisco (S).
|
Reverse |
The heraldic eagle holding a bunch of arrows, supported by two tied
wreaths below. The inscriptions are “UNITED STATES OF AMERICA. E
PLURIBUS UNUM. QUARTER DOLLAR”
|
Designer |
John Flanagan |
Composition |
Copper core clad in cupronickel |
Diameter |
24.3 mm |
Weight |
5.67 grams (0.1822 Troy oz) |
Edge |
Parallel grooves |
1982 Quarter Value
As mentioned, the value of the 1982 quarter depends on mintmarks, errors, and
conditions. The Mintmark is the initials of the facility of the
U.S. Mint
on the coin was struck in. There are three mintmarks on the 1982 quarter.
Let’s break it down:
1982 P Quarter Value
The Philadelphia Mint generally produces coins without a mintmark.
Surprisingly, the 1982 Quarter was the first quarter to feature the “P”
mintmark, thus holding a special place in its history. Around half a
billion coins were struck that year, making them easily accessible.
The P mintmark 1982 Quarters in the circulated condition are worth only
about their face value. Even those in mint state or uncirculated condition
are more than 50 million that survived.
The price becomes considerable after grades MS65, being valued from $45
and exceeding figures of $160. The finest MS68 Quarter graded by
PCGS was sold
at a crazy $9,000!
1982 D Quarter Value
The Denver Mint struck quarters have the “D” mintmark. The mint produced
almost 480 million coins; almost the same number as the Philadelphia Mint.
Similarly, their value starts from higher grades like MS68, since the
lower MS60 graded quarters are worth their face value. The MS65 quarters
fetch value around $28, rising up to $100 for MS66+, and shooting up to
$350 for MS67.
An exceptional error is seen on the quarters carrying the D mintmark,
which is discussed ahead. As for the grades above MS67, only a handful
have been certified, fetching values around $2,500. This value rises
drastically to $4,500 for quarters in MS68 graded (which is just one
graded by PCGs).
1982 S (Proof) Quarter Value
The San Francisco minted quarters carry the mint mark “S.” These quarters.
However, they were all proof quarters. Proof coins usually have a low
mintage and are considerably valuable. But, around 3.4 million 1982 Proof
quarters are available today from the 3.8+ million initially produced.
Among the highest proof grades like MS69, the quarters are hardly worth
around $15. While those of the best quality with MS70, can push up to $36.
1982 Quarter Rare and Errors List
The Errors significantly changes the narrative for the value of 1982 Quarter.
These are the manufacturing defects occurred at the facility which usually
increase the value of the coin.
In the case of 1982 Quarters, there are two main errors:
1982 S Quarter, Double Die Obverse
The Double Die error occures during the striking process within the
machine. If the die or coin moves from place then a doubled overlapping
image or letter will be observed. In this case, the die will be termed as
defective and coins struck under it will have a doubled design.
Depending on the side of the defect, the error is named. Here, the double
die obverse is on the effigy of George Washington or surrounding
inscriptions.
As for their values, the better the condition, the higher the value.
- PR60 1982 S quarter are worth around $18.
- This value rises to $30 for PR63 and going up to $150 for PR68.
-
For the highest grades like PR69 and PR70, the value can go at a impressive
$800.
1982 D Quarter, Double Die Reverse
Similar to the Double Die Obverse, the 1982 quarters have a Double Die
Reverse (DDR) error that originates from the Denver mint. In this case,
the letters of the “QUARTER” generally depict this error.
Their values are certainly more because either not many were struck or
they haven’t been identified yet.
- The AU50 (Almost Uncirculated) quarters are valued around $10
- This prices rises to $25 for MS60 and goes upto $75 for MS65.
Some of the other notable errors that have been identified are:
- Quarter struck on a nickel planchet - valued at around $2,000 for quarters in pristine condition.
- Quarter overstruck on a nickel - Could be sold at $300+
For more about the errors and their values, check out this explanatory video from BBCOINSINC
1982 Quarter Grading
1 |
Basal State-1 |
2 |
Fair |
3 |
Very Fair |
4,5,6 |
Good |
7,8,10 |
Very Good |
12,15 |
Fine |
20,30 |
Very Fine |
40 |
Extremely Fine |
50 |
About Uncirculated |
60 |
Mint State |
65 |
Mint State |
70 |
Mint State |
Final Words!
There it is! The guide to get the best prices if you have a 1982 Quarter.
The 1982 Quarter is among the most valuable coins of the 1980s quarters overall.
For its historic events, mintage, and errors, this quarter becomes highly
sought after by investors and collectors.
Don’t be disheartened if you don’t find such a valuable coin in your attic!
If you don’t find one, you can buy one. The U.S. Mint has been producing coins
like the Morgan Dollar, American Eagles, and Gold Buffalos, that are highly
renowned and available for purchase at BOLD!
Happy Investing!