With only 52,000 struck at Philadelphia in December 1916, the Standing Liberty quarter's first-year issue is one of the most coveted key dates in all of American coinage.
Standing Liberty Quarter Value Guide
The 1916 Standing Liberty quarter is the premier key date of the Standing Liberty series — one of the most artistically celebrated coin designs in American numismatic history. Designed by sculptor Hermon Atkins MacNeil, the coin depicts Lady Liberty standing in a gateway with a shield and olive branch, wearing a revealing gown that caused public controversy upon its 1917 release and was modified the following year. Only 52,000 examples were struck at Philadelphia in late 1916, making the 1916 Standing Liberty quarter one of the rarest regularly issued 20th century U.S. coins. See our Coin Price Guide for values across other series, or try the What's My Coin Worth tool to identify a coin you're not sure about.
Also see: Our Quarter Error Coins page covers Standing Liberty and Washington quarter errors in depth. For all quarter values by date and grade, visit our Coin Values Guide.
1916 Standing Liberty Quarter Values by Grade
Values below are drawn from PCGS Price Guide data (updated today) for grades with direct pricing, with intermediate grades estimated by interpolation between the nearest verified data points.
AG-3
$3,750–$4,250
About Good — date visible
G-4
$4,750
Good — full outline
VG-8
$5,750–$6,500
Very Good
F-12
$7,500
Fine
VF-20
$9,000–$10,000
Very Fine
EF-40
$11,250
Extremely Fine
AU-55
$13,500–$15,500
About Uncirculated
MS-63
$20,000–$22,500
Choice Uncirculated
MS-65 to MS-67
$35,000–$75,000+
Gem to Superb Gem
The Design Controversy
MacNeil's original 1916 design depicted Liberty with her right breast exposed — a classical artistic reference to the allegorical figure that generated immediate controversy when the coin reached the public in early 1917. Congress and the public demanded a modification, and in 1917 the design was altered to give Liberty a coat of chain mail covering her breast. This changed design (the Type 2) was used for all subsequent Standing Liberty quarters through 1930.
The 1916 and early 1917 quarters with the exposed-breast design are called Type 1. The 1916 is the only first-year Type 1 coin, struck before the controversy became public. The Type 1 design's limited production window — only late 1916 and the first half of 1917 — creates a naturally restricted supply that underpins the 1916's extraordinary rarity.
The Date Wear Problem
Standing Liberty quarters have a notorious weakness: the date is positioned in a recessed area that wears rapidly in circulation. On many Standing Liberty quarters, the date wears flat long before the rest of the coin shows significant wear — creating coins that appear Very Fine in design detail but show a completely flat, unreadable date. A 1916 with a worn-flat date is still identifiable through die characteristics but loses significant value.
In 1925 the Mint recessed the date further into the design to improve durability — coins dated 1925 and later show better date preservation. But 1916 examples with strong, full readable dates are particularly prized and command meaningful premiums over examples with weak or partially visible dates at equivalent grade levels.
Standing Liberty Quarter Key Dates — Full Series Context
Values verified against PCGS Price Guide where a direct grade match exists; VF-20 figures are interpolated between the nearest verified grades.
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Frequently Asked Questions
How much is a 1916 Standing Liberty quarter worth?
Per PCGS Price Guide, a genuine, PCGS or NGC authenticated 1916 Standing Liberty quarter is worth about $4,750 in Good-4 condition and roughly $11,250 in Extremely Fine (EF-40). Choice Uncirculated (MS-63) examples are valued around $20,000–$22,500, and Gem-to-Superb-Gem examples (MS-65 to MS-67) range from about $35,000 up to $75,000 or more. The rare Full Head (FH) designation adds a substantial premium on top of these figures — the finest known FH specimens have sold for well over $100,000 at major auction.
How do I identify the 1916 vs 1917 Type 1 Standing Liberty quarter?
Both the 1916 and early 1917 quarters show the exposed-breast Type 1 design. The year is the identifying factor — check the date on the obverse. The 1916 is struck only at Philadelphia (no mint mark). Some 1917 Type 1 coins were struck at Philadelphia, Denver (D), and San Francisco (S). The 1916 has no mint mark and shows the 1916 date. If the date is worn flat, specialist attribution using die diagnostics may be needed to confirm a 1916 vs 1917-P Type 1.
Why does the date wear off Standing Liberty quarters?
The date was positioned on a high point of the design in the 1916–1924 period — meaning it took the brunt of circulation wear before other design elements. By the time the rest of the coin shows Fine or VF details, the date could already be flat and unreadable. The Mint recessed the date deeper into the design in 1925, significantly improving date retention on later issues. Always confirm date legibility when purchasing any pre-1925 Standing Liberty quarter.
Is the 1916 Standing Liberty quarter silver?
Yes — all Standing Liberty quarters are 90% silver and 10% copper, weighing 6.25 grams and containing 0.1808 troy ounces of pure silver. The silver melt value forms a floor on all Standing Liberty quarters, though the 1916's numismatic premium dwarfs its metal value at all grade levels. With silver trading near $69/oz in late August 2026, melt value is roughly $12.50 — still well under 1% of the coin's numismatic value even in the lowest circulated grades. Check a live spot price before relying on this figure, since silver has moved significantly this year.
Are 1916 Standing Liberty quarters commonly faked?
Yes — the same date-alteration approach used on the 1916-D Mercury dime is attempted here. A common 1917 Type 1 quarter can have its date altered to read 1916. Under magnification, look for tooling marks around the date digits, uneven depth in the date numerals, or metal flow irregularities around the date area. PCGS and NGC authentication is mandatory for any purchase — the price difference between a genuine 1916 and an altered 1917 runs into the thousands of dollars even in the lowest grades.
What is the Full Head (FH) designation on Standing Liberty quarters?
Full Head is a designation awarded by PCGS and NGC when Liberty's helmet shows complete, fully struck detail — all three leaves clearly defined, the face and cheek fully formed, and the cap fully detailed. The FH designation can multiply a coin's value several times over a non-FH example in the same grade — on the 1916, verified FH examples in top grades have sold for six figures. Most 1916 quarters show some weakness in the head detail even in uncirculated grades, so FH examples are especially scarce.
Comprehensive Reference – Covers Mercury dimes, Standing Liberty quarters, and Liberty Walking half dollars, minted from 1916 to 1947. Hundreds of high-resolution, full-color photographs
This comprehensively updated edition of Standing Liberty Quarters offers the history, design, minting, and up-to-date rarity and relative values of these quarter dollars.
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