How Much Is A Gold Plated Quarter Worth? 2021 Update + Price History

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A gold coin isn’t necessarily worth its weight in gold. There are many plated gold quarters that are worth no more than a standard 25-cent U.S.-minted quarter. Although these coins contain a thin layer of gold—usually about 0.003 inches thick—they’re virtually impossible to resell because they have little to no melt value. 

A genuine gold quarter, however, is worth a pretty penny. If you’re a lucky owner of one of the 91,752 government-issued gold quarters in existence, you’ve got a resellable collector’s item that’s worth far more than its face value. 

Curious to know what your gold quarter is worth? Below, I’ve broken down the current market price of a gold quarter, analyze their price history, and comment on whether they're a sound investment during periods of economic instability. 

Gold Quarter Value 101: A Crash Course

Gold quarters are relatively new inventions, but gold coins aren’t. In the United States, gold coins were first introduced with the passage of the Coinage Act of 1792. This statute led to the minting of a $10 coin (Eagle), a $5 coin (Half-eagle), and a $2.50 coin (Quarter-eagle). Gold quarters are not to be confused with Quarter-eagles, which are also made of gold but are worth considerably more. 

In the 19th and 20th centuries, commemorative gold coins were issued periodically by the U.S. Mint, including the 1903 Louisiana Purchase Expo dollar, the 1916 McKinley Memorial dollar, and the 1922 Grant Memorial dollar. 

By the late 20th-century, the collectors’ aftermarket for gold coinage grew such that the U.S. Mint began issuing coins not intended for circulation (NIFC). These commemorative gold and silver coins were issued purely for collectors’ markets and include such rare coins as the 2014 National Baseball Hall of Fame and Museum coin ($5 face value) and the 2000 Library of Congress bimetallic eagle ($10 face value). 

Standing Liberty Centennial Gold Coin (2016)

The only officially sanctioned gold quarter to ever enter circulation is the Standing Liberty Centennial Gold Coin, issued in 2016, with a 99.99% 24 karat gold composition and a face value of 25 cents. The coin weighs 0.25 troy ounces and features a “W” hallmark on its obverse side in reference to its minting location in West Point, New York. Only 91,752 Standing Liberty Centennial quarters have ever been produced by the U.S. Mint. 

The aftermarket value of a Standing Liberty Centennial gold quarter is derived from its melt value which, in turn, derives from the current spot price of gold. Given that the coin contains 0.25 ounces of gold, its resale value is approximately one-quarter of the price of a one-ounce gold bullion bar. 

At the time of writing, the per-ounce spot price of gold bullion is $1,754.80 (Updated: September 16, 2021). Therefore, a U.S.-minted gold quarter, which contains 0.25 ounces of pure gold, is currently worth $438.70 in the collectors’ aftermarket.  

However, this assumes that the coin has a sharp strike with a full original luster but up to two or three noticeable contact marks (MS-66/67). A gold quarter in “perfect uncirculated” mint state (MS-70) without any wear, scratches, or contact with other coins as detected by 5x magnification can often sell for 15-25% more than its weight in gold. 

To find the melt value of your gold coin, use our price of gold calculator. Our calculator uses up-to-the-minute data to calculate the market price of aftermarket gold based on its weight, purity, and bid price.

Price History of Gold Quarters

Since their original minting in 2016, gold quarter prices have fluctuated according to the spot price of gold bullion. Below, I’ve listed the year-end price history of MS-66/67 condition Standing Liberty Centennial Gold Coins for every year they have been in circulation:

  • 2016: $289.78
  • 2017: $324.12
  • 2018: $320.41
  • 2019: $379.87
  • 2020: $483.87
  • 2021: $438.70

The value of gold quarters has maintained a strong upward trajectory over the past 5-year period. Between 2016 and 2020, gold quarters have appreciated +66.98%. The appreciation of gold quarters has outpaced the U.S. stock market, as measured by the S&P 500 index, which grew by approximately +56.07% in the same period of time, as depicted by the chart below.

Source: Google Market Summary

Are Gold Quarters a Worthwhile Investment in 2021?

Gold quarters are an excellent portfolio diversifier and hedge against instability in the equities market. Earlier this month, the price of gold entered all-time high territory by breaking through the critical $2,000 per ounce resistance point. The question is whether gold can maintain its upward price movement.  

The general sentiment among analysts and market-watchers is that gold’s bull run will continue through the next 12-to-18-month period. Mainstream forecasts put gold’s price ceiling between $2,300 (Goldman Sachs) and $3,000 (Bank of America) by Q4 2021. If true, a gold quarter would be worth $575 and $750, respectively. 

Gold tends to perform well during times of relative instability and uncertainty. Investors flock to precious metals such as gold to flee the volatility of the stock market during bear markets and recessions, which have a history of retaining their value during economic downturns. 

For example, between October 2007 and March 2009, the length of the recession during the global financial crisis, the price of gold increased +25.5% while the S&P 500 fell by 56.8%. Similarly, the bursting of the dot-com bubble, between March 2000 and October 2002, saw the S&P 500 sink 49% and the price of gold rise by 12.4%. 

History proves that gold is indeed a smart investment for investors looking to hedge against systemic instability and market risk. Amid the economic instability brought about by the coronavirus (Covid-19) pandemic and widespread social unrest in the United States, risk-averse investors may want to consider diversifying their portfolio with a gold IRA or 401(k)

Gold Quarters Frequently Asked Questions (FAQs)

Excluding gold-plated quarters, there are 91,752 authentic gold quarters in existence that have been minted by the U.S. government since 1792.

In the past 5-year period, gold coins have appreciated in value by about +66%, which outpaces the S&P 500, which has appreciated by +56% in that time. Although past results are not indicative of future performance, the fact remains that gold quarters and coins hold great potential as an investment asset.

Based on the current spot price as of mid-March 2021, the price of an authentic gold quarter is approximately $435 on the aftermarket.

Originally, gold quarters were minted as a form of currency and legal tender by the U.S. Mint. Eventually, these were phased out in favor of non-precious metals, although the U.S. Mint still periodically issues commemorative gold coins and quarters as collector's items.

Unfortunately, 24k gold plated state quarters are virtually worthless as a collector's item. Since they do not have any melt value, they are not bought or sold on the aftermarket. Therefore, they're worth little more than their face value (~$0.25).

Officially sanctioned U.S. gold quarters weigh 0.25 troy ounces, or about 7.8 grams. For reference, a regular copper-nickel quarter weighs 5.7 grams.

The Bottom Line

Gold-plated quarters aren’t valuable, but genuine gold quarters are worth several hundred dollars apiece. Their exact resale value depends on the spot price, which varies day by day. Since its inception in 2016, the Standing Liberty Centennial gold quarter has increased in value by 66.98% and has outperformed the U.S. stock market.  

During times of instability such as these, investors should consider gold and gold quarters as a safe haven asset. To get started adding physical gold bullion to your investment portfolio, check out this comprehensive list of IRA-approved gold coins and bars. 

The information provided here is not investment, tax or financial advice. You should consult with a licensed professional for advice concerning your specific situation.


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Liam Hunt
Liam Hunt, M.A., is a financial writer and analyst covering global finance, commodities, and millennial investing. His coverage has been featured in publications such as the New York Post, Forbes, and Barron's.
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