1923 Standing Liberty Quarter Value

A 1923 Standing Liberty Quarter is worth roughly $6.75 to $66.00 depending on its condition, while the raw metal inside it is valued at $6.60 as of 2026-06-01 Certified examples in top grades can run far higher.

192325 CENTS25 CENTS
Illustrative rendering. Photographs of this date are being added.

1923 Standing Liberty Quarter value by grade

1923 Standing Liberty Quarter value by grade
GradeEstimated value
Melt value floor(metal content, 2026-06-01)$6.60
Good (G-4)$6.75 to $8.90
Very Good (VG-8)$6.75 to $9.25
Fine (F-12)$6.75 to $9.75
Very Fine (VF-20)$7.20 to $10.50
Extremely Fine (XF-40)$8.15 to $12.00
About Uncirculated (AU-50)$9.80 to $14.50
Mint State (MS-60)$12.50 to $18.00
Choice Unc (MS-63)$17.00 to $25.00
Gem Unc (MS-65)$45.00 to $66.00

Estimated retail range, updated 2026-06-15. Estimates are modeled from mintage rarity and metal content, not auction records. Actual sale prices vary with certification, eye appeal and market timing.

What is a 1923 Standing Liberty Quarter worth right now?

Figure roughly $6.75 as the realistic floor for a damage-free, well-worn 1923 Standing Liberty Quarter, rising steadily through the grades to about $66.00 for a certified gem. Cleaned or damaged coins trade below these figures, though never below the $6.60 melt floor.

1923 Standing Liberty Quarter specifications

Series
Standing Liberty Quarter
Year
1923
Mint mark
None (Philadelphia)
Mintage
9,716,000
Composition
90% silver, 10% copper
Weight
6.25 g
Diameter
24.3 mm
Edge
Reeded
Designer
Hermon A. MacNeil
Silver content
0.18084 troy oz

Mintage figure: US Mint reports (approximate).

No mint mark? Here is why

The 1923 Standing Liberty Quarter was struck at the Philadelphia Mint, which used no mint mark in this era. If you find no letter where branch-mint coins carry one (On the obverse, just left of the date on the pedestal), you are holding a Philadelphia issue.

What collectors pay for in a 1923 Standing Liberty Quarter

Silver content matters for the 1923 Standing Liberty Quarter: 0.1808 oz per coin, valued at $6.60 right now. The melt floor moves daily with the metals market and sets the minimum any dealer will pay.

The generous mintage of 9,716,000 keeps this date affordable. That availability is an asset for collectors: it is the textbook choice for owning the Standing Liberty Quarter design without a key-date price tag.

Context adds the final layer to the 1923 Standing Liberty Quarter. The exposed date on the pedestal wore quickly; the Mint recessed it in 1925, which is why earlier dates are so often dateless. Owning this date means owning a piece of that story, and demand for the series as a whole sustains liquidity for every issue in it.

Summary: the 1923 Standing Liberty Quarter is valued between $6.75 and $66.00 as of 2026-06-15. Estimates combine mintage rarity, key-date status and metal content; they are editorial guidance, not an offer to buy.