By following a defined method, accurately establish 1907 quarter value.
Worth of Barber quarters is narrowed by identifying a few key variables. It is typical for collectors to put together collections of all dates and each mint variety.
To ensure an accurate judgment, specific steps are taken to recognize these different mint issues. 1907 is noted as having four mint issues of quarters
The above chart list wholesale 1907 Barber Quarter values. Computed from dealer’s price lists and auction records with various mark-up factors figured in.
Step 1: | Date and Mintmark Issue Confirmed
Four Varieties of 1907 Quarters to Recognize
The process of determining the value of these Barber quarters includes confirming date and also the mint that struck the piece. Quarters were produced by four separate mints in 1907, mintmarks were used to identify the mint that issued the coin.
On the chart, each entry is valued separately and includes the date and mint. See just below, images are used to help identify the important mintmarks.
1907-S Barber Quarter
“S” Mintmark on Reverse: San Francisco Mint Struck the Coin
The San Francisco issue 1907 quarter is known for its scarcity when compared to the three other mint varieties of the year. Popularity of San Francisco mint coinage and the lowest production totals for the year contribute to their premium status and value.
A total of 1,360,000 of these were struck and placed into circulation. Over the decades, a majority of those produced became very worn. All examples in nice condition are in strong demand, as referenced on the value chart.
San Francisco is a branch mint and required to place a mintmark on its coinage. This mark in on the reverse in the space above “Quarter Dollar”. A large “S” mintmark identifies the coinage of the San Francisco mint.
1907-O Barber Quarter
“O” Mintmark on Reverse: New Orleans Mint Struck the Coin
In order to distinguish a premium collectible coin from those trading based on their silver content; it is necessary to identify the exact mint variety of the 1907 quarter. The Barber series coins from New Orleans are popular with collectors, notable as produced at a now obsolete minting facility. In 1909, New Orleans ended a period of production that started in 1838.
With a total mintage of 4,560,000 quarters struck, the vast majority of these coins are valued for their silver content because of heavy wear. Collectibles of higher quality are highly prized.
To identify its coinage, New Orleans used the “O” mark. The “O” mintmark identifying the New Orleans mint is found on the reverse, just below the eagle’s tail feathers.
1907-D Barber Quarter
“D” Mintmark on Reverse: Denver Mint Struck the Coin
In the second year of striking Barber quarters, production decreased slightly at the Denver mint. With a total of 2,484,000, this proved ample to supply commerce. These are still available today in quantities, enough remain that low condition examples trade near their silver value. As with all of these old quarters, condition is a key factor to higher premiums. Step 2 below goes into detail helping determine a narrow condition range.
Denver issue quarters are identified by the “D” mintmark found on the reverse. Looking just below the tail feathers of the eagle, a large “D” is confirming Denver struck the coin.
1907 Barber Quarter
No Mintmark on Reverse: Philadelphia Mint Struck the Coin
1907 Philadelphia quarters are the mintage leaders of a year with four mints involved striking Barber quarters. Producing over half the yearly total, 7.1 million pieces are of the Philadelphia variety. These are available in quantities large enough that low condition examples are priced close to their silver content value.
There is an active market for quarters of the Barber series, which supports premiums on nicer condition coins. Note on the chart, the heavily worn examples are priced closer to their silver content value.
Both the date and the mint issue are used to identify every Barber quarter on the chart. Mintmarks were used by branch U.S. mints, however the main mint, Philadelphia, did not use them at the time. An empty area above the “R” and “D” of Quarter Dollar on the reverse confirms the Philadelphia issue.
Step 2: | Grading Identifies a Condition Category
Judge an Accurate 1907 Quarter Value
One grade is recognized from the next higher grade by subtle characteristics. A condition that shows finer details of the design increases the premium value of these old quarters.
The various wear stages are categorized using a grading process. In order to determine the narrow range of conditions within a specific grade, standards are compared.
Mint State Grade
Extremely Fine Grade
Fine Grade
Good Grade
How to Video: Grading Barber Quarters
Grading Barber quarters requires judgment in key areas. Inspecting these areas closely helps in determining the degree of wear and the surface quality. The information in the video and the descriptions focus on particular grading components.
Video, Images and Descriptions | Grading Barber Quarters
Step 3: | Special Qualities of Collector Status Quarters
Identify the Collector Quality Barber Quarter
1907 recorded over 15.5 million quarters minted when totaling all four mint varieties. A year of above average production and many of these quarters remain today. Two important markets trade in Barber quarters. First is the collector market, in search of nice quality examples. Second, is the silver bullion market for the very worn condition coins of certain dates with large quantities available.
It is the condition of the coin playing a key role in determining Bullion from Collector quality and potential premium value.
Compare closely the two quarters imaged. A very clear visual difference is apparent to all collectible Barber quarters in Fine Grade and above. Importantly, all dates and mints of the entire series in Fine Grade is a quality sought by collectors.
Imaged is a low grade bullion quality example. Certain dates and mints are part of this group in these low grade conditions. Currently 2/5/2024 each is worth $5.43 . The changing price of silver moves the value up or down as silver moves.
The quarter in Fine Grade is the condition where silver content becomes a strong base and added is collector premiums depending on date and mint variety.
Confirming the Fine Grade to the examples is the visibility of “Liberty” across the headband. All letters visible is required to reach the Fine grade.
Second, note the leaves above the headband are fully separate and edges remain. And thirdly, a full line distinguishing Liberty’s hair from forehead represents a solid Fine grade Barber quarter.
The eye appeal and scarcity of Barber quarters in better than heavily worn condition is a special quality in demand by collectors. 1907 represents one of many years in the series needing a close inspection to identify a special quality condition quarter.
References
U.S. Mint. 1908 U.S. Mint Annual Report https://nnp.wustl.edu/library/book/514124 U.S. Mint. Catalogue of Coins of the United States. https://nnp.wustl.edu/library/book/554591
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