In the world of numismatics, even modern coins can hold surprising value. While most 2016 quarters you encounter in daily transactions are worth their face value of 25 cents, certain specimens can be treasures hiding in plain sight. This comprehensive guide will explore the intricacies of 2016 quarters, with a special focus on the Shawnee National Forest design, and reveal what makes some of these coins particularly valuable to collectors.
Understanding the 2016 Quarter Series
The 2016 quarter was part of the America the Beautiful Quarters Program, an initiative that ran from 2010 to 2021. This series showcased designs honoring national parks and other significant sites from each state and U.S. territory. In 2016, five distinct reverse designs were released:
- Shawnee National Forest (Illinois)
- Cumberland Gap National Historical Park (Kentucky)
- Harpers Ferry National Historical Park (West Virginia)
- Theodore Roosevelt National Park (North Dakota)
- Fort Moultrie at Fort Sumter National Monument (South Carolina)
The 2016 Shawnee Quarter: A Numismatic Spotlight
As the inaugural quarter of 2016, the Shawnee National Forest quarter holds a special place in many collections. Let's examine this coin in detail:
Design Features
- Obverse: Features the iconic George Washington portrait by John Flanagan
- Reverse: Depicts Camel Rock with a red-tailed hawk soaring above
- Designer: Justin Kunz (artist) and Jim Licaretz (sculptor-engraver)
- Release Date: February 1, 2016
- Composition: 91.67% copper, 8.33% nickel (clad)
- Weight: 5.67 grams
- Diameter: 24.26 mm
Mintage Figures
Mint Location | Mintage |
---|---|
Philadelphia (P) | 155,600,000 |
Denver (D) | 151,800,000 |
San Francisco (S) Proof (Clad) | 660,215 |
San Francisco (S) Proof (Silver) | 479,657 |
Value of Circulated 2016 Shawnee Quarters
For the average circulated 2016 Shawnee quarter found in pocket change, the value remains at face value – 25 cents. These coins are still too common and recent to command a premium in worn condition.
Value of Uncirculated 2016 Shawnee Quarters
Uncirculated examples can be worth more, especially in high grades:
Grade | Estimated Value |
---|---|
MS-65 | $4-$5 |
MS-66 | $7-$10 |
MS-67 | $15-$24 |
MS-68 | $700 (Denver mint) |
Special Strikes and Proofs
- Uncirculated Silver 5 oz. version: $175-$260 in MS-68 to MS-70
- Clad Proof: $8-$22 in PR-68 to PR-70
- Silver Proof: $10-$24 in PR-67 to PR-70
Factors Affecting 2016 Quarter Value
Several factors can influence the value of a 2016 quarter beyond its face value:
- Mint Mark: Coins from certain mints may be rarer or more desirable.
- Condition: Uncirculated or high-grade examples are worth more.
- Errors: Minting errors can significantly increase a coin's value.
- Special Finishes: Proof and uncirculated versions from mint sets often command a premium.
- Composition: Silver and gold versions are inherently more valuable.
- Population Reports: The rarity of a coin in a specific grade can affect its value.
Rare and Valuable 2016 Quarter Errors
Errors can dramatically increase a coin's value. Some potential errors to look for in 2016 quarters include:
- Doubled Die: Look for doubling in the lettering or design elements. A significant doubled die error could potentially be worth $50-$100 or more.
- Off-Center Strikes: Coins struck off-center by 5-10% might be worth $20-$50, while those off by 50% or more could fetch $100-$250.
- Wrong Planchet Errors: Quarters struck on dime planchets can be worth $200-$500 or more.
- Die Cracks: Minor die cracks add little value, but major ones forming a complete ring (known as a "cud") could be worth $100-$200.
How to Determine Your 2016 Quarter's Value
To assess the value of your 2016 quarter:
- Identify the Mint Mark: Look for P (Philadelphia), D (Denver), or S (San Francisco) under the "In God We Trust" motto.
- Check the Condition: Use the Sheldon Coin Grading Scale to estimate the coin's grade.
- Look for Errors: Carefully examine the coin under magnification for any minting errors.
- Consult Recent Sales Data: Check recent eBay sales or the Grey Sheet for similar coins.
- Consider Professional Grading: For potentially valuable specimens, consider submission to PCGS or NGC.
Preserving Your 2016 Quarters
If you believe you have a valuable 2016 quarter:
- Handle the coin by its edges to avoid damaging the surfaces.
- Store it in a non-PVC coin holder or flip.
- Consider professional grading for high-value specimens.
- Store coins in a cool, dry place away from direct sunlight.
Where to Sell Valuable 2016 Quarters
If you've identified a potentially valuable 2016 quarter, consider these options:
- Local Coin Shops: Can provide quick assessments and offers.
- Online Marketplaces: eBay, Heritage Auctions, and other coin-specific sites can reach a wide audience.
- Coin Shows: Allow you to meet multiple dealers and collectors.
- Auction Houses: For particularly rare or valuable specimens.
The Future Value of 2016 Quarters
While most 2016 quarters will likely remain at face value for the foreseeable future, certain factors could increase their collectibility:
- Long-term reduction in circulating coins due to increased digital transactions
- Growing interest in the America the Beautiful series as it becomes more historical
- Discovery of previously unknown major errors
Conclusion: The Hidden Potential of 2016 Quarters
While most 2016 quarters are worth only face value, certain specimens can be surprisingly valuable. The 2016 Shawnee quarter, in particular, can command strong premiums in high grades or with interesting errors. By understanding what makes these coins valuable and how to identify potential rarities, you can turn your pocket change into a rewarding collecting adventure.
Remember, coin collecting is as much about the thrill of the hunt as it is about monetary value. Even if your 2016 quarters don't make you rich, they serve as tangible pieces of history and art, each telling a story about America's natural treasures.
As a final note, always consider the ethical aspects of coin collecting. While it's exciting to find valuable coins in circulation, deliberately hoarding or removing large quantities of coins from circulation can have negative economic impacts. Happy and responsible collecting!