The 1912 New Mexico Quarter is a fascinating piece of numismatic history, capturing a moment in time when the newly admitted state of New Mexico joined the Union. Its value, however, depends heavily on its condition and specific mint mark. Understanding this nuanced valuation is key for both collectors and those simply curious about their inherited treasures.
This guide will explore the factors influencing the worth of a 1912 New Mexico Quarter, answering common questions and providing insights for accurate assessment.
What Makes a 1912 New Mexico Quarter Valuable?
Several factors determine the value of a 1912-dated quarter:
-
Condition (Grading): The condition, or grade, of the coin is paramount. Professional grading services, like PCGS (Professional Coin Grading Service) and NGC (Numismatic Guaranty Corporation), use standardized scales to assess wear and tear, imperfections, and overall quality. Coins in pristine condition (like Mint State 65 or higher) command significantly higher prices than circulated coins. Even minor scratches or blemishes can drastically reduce value.
-
Mint Mark: While all 1912 Quarters depict the iconic standing Liberty design, the presence or absence of a mint mark (a small letter indicating the mint of origin) impacts value. The absence of a mint mark generally suggests it was minted in Philadelphia. Coins from other mints (Denver or San Francisco) are often rarer and therefore more valuable.
-
Rarity: The rarity of a specific coin variety is another significant factor. While the 1912 Quarter isn't exceptionally rare compared to some other historic coins, variations in mint mark and condition contribute to its overall rarity and therefore its value.
-
Demand: Collector demand also plays a role. Certain coin designs or years become highly sought after within the numismatic community, pushing up prices.
How Much is a 1912-D New Mexico Quarter Worth?
The "D" mint mark indicates that the quarter was minted in Denver. A 1912-D Quarter in circulated condition (meaning it shows signs of wear) might be worth only a few dollars more than its face value. However, an uncirculated or near-uncirculated example could be worth hundreds of dollars, depending on its grade.
How Much is a 1912-S New Mexico Quarter Worth?
The "S" mint mark signifies that the quarter was minted in San Francisco. Similar to the 1912-D, the value of a 1912-S Quarter greatly depends on its condition. While circulated examples will only fetch a modest premium, uncirculated specimens can achieve significantly higher values.
How Much is a 1912 Philadelphia New Mexico Quarter Worth?
A 1912 Quarter without a mint mark indicates it was minted in Philadelphia. Philadelphia mint quarters are generally more common than those minted in Denver or San Francisco. Thus, the value of a 1912 Philadelphia Quarter hinges heavily on its condition; a well-preserved example will be more valuable than a worn one.
Where Can I Get My 1912 New Mexico Quarter Appraised?
For an accurate appraisal, it's recommended to consult professional numismatists or reputable coin grading services like PCGS or NGC. These experts possess the knowledge and experience necessary to accurately assess the condition and value of your coin. Online resources can provide estimates, but a professional appraisal is the best way to determine its true worth.
What are the Key Features of the 1912 Standing Liberty Quarter?
The 1912 Standing Liberty Quarter, designed by Hermon A. MacNeil, features Lady Liberty standing facing left, holding an olive branch and a shield. The reverse depicts an eagle with outstretched wings. Its design is iconic and highly sought after by collectors. Detailed images and descriptions are readily available online for comparison and verification.
This information provides a general overview. The actual value of your 1912 New Mexico Quarter will require a professional assessment to account for the specifics of its condition and mint mark. Happy collecting!
