The 1917 Quarter Type 2 represents a significant piece of numismatic history that captures the attention of both collectors and enthusiasts.
This article provides a comprehensive exploration of the Standing Liberty Quarters, emphasizing the unique features and significance of the Type 2 variant. You will gain valuable insights into its design and grading, as well as an analysis of its current market value and rarity, helping you understand what makes this quarter a noteworthy addition to any collection.
Delve into the key aspects of the 1917 Type 2 Quarter and discover its important role in the realm of coin collecting.
Key Takeaways:
Overview of Standing Liberty Quarters
Standing Liberty Quarters were first minted in 1916, designed by sculptor Hermon Atkins MacNeil. These quarters symbolize freedom and the American spirit, prominently featuring Lady Liberty on the obverse.
The design not only highlights her striking features but also incorporates rich artistic elements, such as the intricate drapery of her gown and the bold stance that conveys determination. On the reverse, you will find an eagle in flight, symbolizing strength and independence, which reinforces the coin’s thematic relevance during a period marked by social change and World War I.
With a minting process that demanded precision and craftsmanship, these coins were produced until 1930, resulting in notable variants like the 1916 and 1927-S, which hold significant appeal in numismatic circles. These quarters represent not only a pivotal moment in American history but also reflect the nation’s ideals and artistic evolution.
Significance of the 1917 Type 2
The significance of the 1917 Type 2 Quarter extends beyond its design modifications; it serves as a crucial piece for collectors who aim to understand the evolution of American coinage.
This particular quarter’s rarity is underscored by its limited mintage, making it a highly sought-after item among numismatists who appreciate the rich historical context of the Standing Liberty series. Struck during a period of significant change in the nation, the introduction of this type reflected both artistic ambition and the practical need for secure coinage.
In the marketplace, the 1917 Type 2 Quarter is increasingly recognized for its appeal, attracting not only serious collectors but also investors looking to diversify their portfolios.
Its distinct features, including the updated obverse and reverse designs, exemplify the exceptional craftsmanship of early 20th-century American minting, solidifying its status as a prized possession for those who aspire to own a piece of our financial heritage.
Coin Information
Understanding the coin information related to the 1917 Quarter Type 2 is essential for collectors, as it provides important details about its design, features, and the variations that exist within the series.
This knowledge will enhance your collection and inform your purchasing decisions.
Design and Features
The design of the 1917 Type 2 Quarter showcases a detailed representation of Lady Liberty on the obverse and an eagle on the reverse, highlighting the artistic skill of its creator.
The striking imagery on the obverse presents Liberty in a confident stride, adorned with a Phrygian cap—an important symbol of freedom and democracy that reflects the ideals of the Progressive Era. On the reverse, the majestic bald eagle, a national emblem, clutches arrows and an olive branch, symbolizing a balance between military readiness and peace.
Each intricate detail not only demonstrates the technical expertise of the engraver but also illustrates the socio-political climate of the time. These nuanced features significantly enhance the coin’s numismatic value, making it a treasured piece among collectors and a representation of American heritage.
Mint Marks and Variations
The 1917 Quarter Type 2 features specific mint marks that indicate its production location, and understanding these mint marks is essential for you as a collector to evaluate its variations and collectibility.
Mint marks play a crucial role in determining the rarity and value of these coins, as they indicate whether the coin was minted in Philadelphia (no mint mark), Denver (D), or San Francisco (S). For example, Type 2 quarters from the Denver mint are less common than those minted in Philadelphia, which can significantly influence their market prices. Additionally, coins produced at the San Francisco mint often exhibit finer details, making them particularly sought after.
As a collector, you may find it beneficial to compare Type 2 quarters with the earlier Type 1 quarters, as the differences in design and minting location can impact both aesthetic appeal and investment potential.
Grade Summary
A comprehensive grade summary is essential for understanding the quality and market value of the 1917 Quarter Type 2. The grading systems utilized by NGC and PCGS offer a numeric scale that facilitates accurate evaluation.
Understanding Coin Grades
Understanding coin grades is essential for you as a collector to accurately assess the value of coins, such as the 1917 Quarter Type 2, since grades reflect the coin’s condition and rarity on a numeric scale.
The grading process typically involves a thorough examination of various factors, including luster, strike quality, and the presence of any marks or imperfections. This meticulous evaluation is crucial, as it provides valuable insight into a coin’s historical significance and market potential.
Higher grades signify better condition, which increases desirability among collectors and investors alike. For instance, a well-preserved 1917 Quarter Type 2 in an above-average grade can command significantly higher prices compared to those with more wear.
Therefore, it is vital for you to understand the nuances of grading terminology, including terms like ‘Mint State’ or ‘Very Fine’, as these categorizations ultimately influence the coins’ market valuation.
Common Grades for Type 2
Common grades for the 1917 Quarter Type 2 typically range from circulated grades to mint state, which significantly impacts auction prices.
The condition of these coins is crucial to their overall collectibility, with higher grades commanding a premium during auctions. As you explore the market, keep in mind that high-quality examples, especially those in mint state, can generate intense bidding wars, thereby increasing their market value.
On the other hand, coins in lower circulated grades may attract budget-conscious collectors, reflecting the varied preferences within the numismatic community. By understanding how grading affects value, you can effectively navigate the auction landscape, considering both pricing trends and the nuances of collector demand.
Description & Analysis
The description and analysis of the 1917 Quarter Type 2 offer valuable insights into its historical context and the market demand that influences its collectibility among numismatists.
Understanding these elements can enhance your appreciation of the coin and inform your decision-making in the numismatic marketplace.
Historical Context
The historical context of the 1917 Quarter Type 2 is rooted in the early 20th century, a time when the United States was undergoing significant changes that influenced both its design and production.
During this transformative period, characterized by events such as World War I and the suffrage movement, the nation sought to mirror its evolving identity through currency. The Standing Liberty design, which embodied themes of freedom and progress, resonated deeply with the American public. This era also witnessed a resurgence of interest in numismatics, as collectors and citizens began to appreciate the artistry and symbolism inherent in coins.
The 1917 Quarter Type 2 not only marks a shift in coinage because of its design alterations but also reflects the broader cultural currents that shaped the American experience at that time.
Market Demand and Collectibility
The market demand for the 1917 Quarter Type 2 is significantly influenced by its rarity and the interest of collectors in acquiring pieces that represent pivotal moments in American currency history.
This interest is driven by the limited mintage associated with the 1917 Type 2 Quarter, making it a rare find in both auctions and personal collections. As collectors work to obtain such unique items, auction prices have surged, reflecting not only the condition and demand but also the historical significance of the coin.
This combination of factors enhances the 1917 Quarter Type 2’s status within the numismatic community, as many enthusiasts consider it a must-have for their collections. Its collectibility is further emphasized by a passionate market that regards these coins as both financial investments and cherished historical artifacts.
Price Guide
A price guide for the 1917 Quarter Type 2 is essential for collectors to effectively navigate current market values and gain insight into the factors that influence pricing within the numismatic marketplace.
Current Market Values
Current market values for the 1917 Quarter Type 2 fluctuate based on grade, rarity, and demand, making it essential for you as a collector to stay informed through reputable sources such as NGC and PCGS.
Understanding the nuances of how these values are determined—such as the coin’s condition, historical significance, and recent auction results—can significantly enhance your ability to make informed decisions.
Platforms that specialize in numismatic analysis often provide up-to-date pricing guides, market trends, and sale outcomes, which are crucial for evaluating the worth of these coins.
Engaging with collector communities and attending coin shows can also yield valuable insights and networking opportunities that keep you informed about the latest shifts in market dynamics.
By utilizing these resources, you can navigate the buying and selling process more effectively, ultimately maximizing your investment in this classic piece of American currency.
Factors Influencing Price
Several factors influence the price of the 1917 Quarter Type 2, including its rarity, condition, and broader market trends affecting collectible coins.
Each of these elements plays a crucial role in determining how much collectors and investors are prepared to pay. For example, the grading of a coin is paramount; even minor scuffs or tarnishes can significantly reduce its value.
Additionally, fluctuations in market demand can be influenced by collectors’ interests, auction results, and the overall availability of these coins. Economic conditions, such as inflation and consumer confidence, can also impact the buying power of potential investors, leading to variations in how much individuals are willing to invest in rare coins like the 1917 Quarter Type 2.
Therefore, understanding these dynamics is essential for anyone looking to buy or sell in this niche market.
Census and Population Reports
Census and population reports offer invaluable insights into the rarity of the 1917 Quarter Type 2, enabling collectors to assess the availability of this numismatic treasure effectively.
Rarity and Availability
The rarity of the 1917 Quarter Type 2 is a significant factor that influences its desirability among collectors, with population reports providing valuable insights into its availability in the marketplace.
This specific variant of the quarter is characterized by unique minting anomalies and historical significance, making it one of the standout coins of its era. Existing population reports indicate that fewer examples are available compared to other years, which exerts upward pressure on its market value.
As a result, collectors often pursue this rare piece, leading to increased prices driven by demand. Additionally, the condition and grading of each specimen play crucial roles in determining which examples are most sought after, complicating the dynamics of rarity within the collectible coin community.
Understanding these factors can provide deeper insights not only into the appeal of the 1917 Quarter Type 2 but also into the broader trends that shape the marketplace for rare coins.
Comparative Analysis with Other Quarters
A comparative analysis of the 1917 Quarter Type 2 with other Standing Liberty Quarters, particularly Type 1, reveals notable differences in design and market reception.
The Type 2 variant is distinguished by its altered obverse, featuring more pronounced details in Liberty’s extended arm and a less cluttered background. This change enhances the aesthetic appeal and significantly contributes to its collectability.
When you compare it to the rare Type 1, which has a lower mintage and unique designs that many collectors find appealing, the Type 2 strikes a balance between rarity and availability.
In terms of market performance, both types have shown steady appreciation; however, the Type 1 typically commands higher prices due to its limited production, making the Type 2 a compelling option for new collectors looking to enter the market.
Investment Potential
The investment potential of the 1917 Quarter Type 2 is compelling, largely due to its rarity and the increasing demand among collectors and investors in the numismatic market.
Several factors contribute significantly to this assessment, including the limited mintage of the coin, which enhances its appeal to both enthusiasts and serious collectors. Recent market trends reveal a growing interest in historical coins, as investors seek tangible assets that have the potential to appreciate in value over time.
Collector interest often depends on the coin’s condition and variety, making high-grade specimens particularly desirable.
Furthermore, the overall economic landscape can affect the perceived value of such collectibles, leading discerning investors to view the 1917 Quarter Type 2 as a prudent addition to their portfolios.
Final Thoughts on Collecting 1917 Type 2 Quarters
Collecting the 1917 Quarter Type 2 offers you not only a connection to American history but also a valuable addition to your numismatic portfolio. This particular coin, with its distinct design and limited mintage, serves as a tangible piece of the past, reflecting the artistic and economic conditions of its time.
For those who appreciate the nuances of coinage, the Type 2 Quarter stands out due to its unique features, making it a sought-after item among collectors. Engaging in this hobby allows you to enjoy the thrill of discovery while potentially seeing significant appreciation in your investment.
As the market remains dynamic and collectors continue to seek rare pieces, the appeal of the 1917 Type 2 Quarter is likely to endure. Informed collecting practices play a crucial role in maximizing both the enjoyment and the financial potential of this significant historical artifact.
Frequently Asked Questions
What is a 1917 Quarter Type 2?
A 1917 Quarter Type 2 is a United States coin that was minted in 1917. It is a 25-cent piece that features a modified version of the original design used for the quarter in 1916.
How is a 1917 Quarter Type 2 different from a regular quarter?
A 1917 Quarter Type 2 is unique because it features a new design on the reverse side of the coin, which includes an eagle with outstretched wings. This design replaced the original design of a standing eagle with wings folded.
Are there any other notable differences between the two designs?
Yes, the 1917 Quarter Type 2 also has a mint mark above the date on the obverse side of the coin, which was not present on the original design. The mint mark indicates which mint the coin was produced at, with “D” representing the Denver Mint and “S” representing the San Francisco Mint.
How many 1917 Quarter Type 2 coins were minted?
A total of 13,280,000 1917 Quarter Type 2 coins were minted, with 4,120,000 produced at the Philadelphia Mint, 9,740,000 at the Denver Mint, and 420,000 at the San Francisco Mint.
Is a 1917 Quarter Type 2 rare?
Compared to other coins, the 1917 Quarter Type 2 is not considered rare. However, it is still a collectible coin due to its unique design and limited mintage.
How much is a 1917 Quarter Type 2 worth?
The value of a 1917 Quarter Type 2 can vary depending on its condition and mint mark. Some coins may sell for as low as $5, while others in mint condition can fetch prices upwards of $100. It is best to consult a coin grading guide or a professional coin dealer to determine the value of your specific coin.