Price Guide for 1928 Quarter Variants

This guide presents price ranges for variants from three sources: eBay sales, third-party auctions, and PCGS guides. Values are shown for various conditions, allowing collectors to compare across different market segments. Price estimates may vary between sources, especially for rarer variants.

1928 Quarter (Regular Strike)
  • 3rd Party Price
    Circulated: $12.00 – $196.00
    Uncirculated: $4.25 – $2,875.00
  • eBay
    Circulated: $5.52 – $213.70
    Uncirculated: $6.49 – $2,500.00
  • PCGS Price Guide
    Circulated: $7.00 – $185.00
    Uncirculated: $200.00 – $2,250.00
1928-S Quarter (Regular Strike)
  • 3rd Party Price
    Circulated: $14.00 – $217.38
    Uncirculated: $2.75 – $6,900.00
  • eBay
    Circulated: $12.00 – $288.00
    Uncirculated: $73.09 – $940.00
  • PCGS Price Guide
    Circulated: $7.00 – $200.00
    Uncirculated: $215.00 – $7,000.00
1928-D Quarter (Regular Strike)
  • 3rd Party Price
    Circulated: $20.00 – $196.00
    Uncirculated: $2.00 – $4,112.50
  • eBay
    Circulated: $7.59 – $280.00
    Uncirculated: $135.74 – $2,849.99
  • PCGS Price Guide
    Circulated: $7.00 – $200.00
    Uncirculated: $200.00 – $3,000.00
1928-D Quarter, FH (Regular Strike)
  • 3rd Party Price
    Uncirculated: $990.00 – $70,500.00
  • eBay
    Uncirculated: $1,400.00 – $6,850.00
  • PCGS Price Guide
    Circulated: $400.00 – $1,250.00
    Uncirculated: $1,500.00 – $85,000.00
1928-S Quarter, FH (Regular Strike)
  • 3rd Party Price
    Circulated: $264.00
    Uncirculated: $176.00 – $29,900.00
  • eBay
    Circulated: $152.50 – $315.00
    Uncirculated: $255.00 – $5,800.00
  • PCGS Price Guide
    Circulated: $125.00 – $400.00
    Uncirculated: $425.00 – $45,000.00
1928 Quarter, FH (Regular Strike)
  • 3rd Party Price
    Circulated: $120.00 – $312.00
    Uncirculated: $150.00 – $120,000.00
  • eBay
    Circulated: $125.00 – $332.00
    Uncirculated: $121.00 – $2,995.00
  • PCGS Price Guide
    Circulated: $125.00 – $375.00
    Uncirculated: $400.00 – $135,000.00
1928-S Quarter Inverted MM FS-501 (Regular Strike)
  • 3rd Party Price
    Circulated: $16.00 – $504.00
    Uncirculated: $576.00 – $646.25
  • eBay
    Circulated: $40.00 – $425.00
  • PCGS Price Guide
    Circulated: $80.00 – $450.00
1928-S Quarter RPM FS-502 (Regular Strike)
  • 3rd Party Price
    Circulated: $57.00 – $141.00
    Uncirculated: $240.00 – $4,313.00
  • eBay
    Circulated: $99.95 – $299.00
    Uncirculated: $273.00 – $440.55
  • PCGS Price Guide
    Circulated: $25.00 – $175.00
    Uncirculated: $1,100.00
1928-S Quarter RPM FS-502, FH (Regular Strike)
  • 3rd Party Price
    Uncirculated: $1,320.00 – $3,290.00
  • eBay
    Uncirculated: $4,999.95

Design and Specifications of the 1928 Quarter

The 1928 Standing Liberty Quarter was part of a series that began in 1916 and continued until 1930. This coin represents one of the last years of production for this iconic design, which was praised for its artistic merit but criticized for its lack of durability in circulation.

By 1928, the design had been modified from its original 1916 version, with Liberty’s exposed breast covered and the reverse design slightly altered to improve striking quality. The Standing Liberty Quarter would be replaced by the Washington Quarter in 1932, making coins from the late 1920s particularly interesting to collectors as they represent the end of an era in American coinage.

Weight 6.25 grams
Diameter 24.3 mm
Mint Marks D, S
Composition 90% silver, 10% copper
Obverse Design Standing Liberty, designed by Hermon A. MacNeil
Reverse Design Eagle in flight, designed by Hermon A. MacNeil

Rarity Factors and Value Drivers

The condition of 1928 Standing Liberty Quarters significantly impacts their value. These coins were prone to wear, especially on Liberty’s head and the eagle’s breast. Well-struck examples with full head details are highly prized and command substantial premiums.

Coins in Mint State grades, particularly MS65 and above, are scarce for all mint marks and highly sought after by collectors. The presence of original mint luster and absence of significant contact marks or wear on high points are crucial factors in determining grade and value.

Philadelphia (no mint mark)

Mintage: 6,336,000

Rarity Scale: Common

Circulation Status: Widely Circulated

Preservation Rarity: Scarce in grades MS65 and above

Varieties Errors: None significant

Market Demand: Moderate, higher for well-preserved specimens

Denver (D)

Mintage: 1,627,600

Rarity Scale: Uncommon

Circulation Status: Moderate Circulation

Preservation Rarity: Rare in grades MS65 and above

Varieties Errors: None significant

Market Demand: Moderate to High, especially for high-grade examples

San Francisco (S)

Mintage: 2,644,000

Rarity Scale: Uncommon

Circulation Status: Moderate Circulation

Preservation Rarity: Very rare in grades MS65 and above

Varieties Errors: None significant

Market Demand: Moderate to High, particularly for well-preserved coins

Toning can play a significant role in the desirability of 1928 Standing Liberty Quarters. Coins with attractive, natural toning patterns are often more valuable than those without toning or with unappealing toning.

The strike quality is particularly important for this issue. Well-struck coins with sharp details, especially those with Full Head designation, are much more valuable. Additionally, the date on these quarters can be weakly struck, so coins with clear, strong dates are more desirable.

While not as rare as some earlier dates in the series, 1928 quarters in high grades are becoming increasingly scarce as many have been lost to melting or wear over time, potentially increasing their future value.

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