1923 Standing Liberty Quarter Value with No Mint Mark What It’s Worth Today
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The 1923 Standing Liberty Quarter is worth anywhere from $8 to $15 in heavily worn condition, while well-preserved examples can fetch $50 to $150 or more — and high-grade mint state coins have sold for thousands at auction. If you found one of these beauties in an old coin jar or inherited collection, you’re in for a treat.
What Makes the 1923 Standing Liberty Quarter Special
The 1923 Standing Liberty Quarter (no mint mark) was struck at the Philadelphia Mint, which is why you won’t find any mint mark on it. Philadelphia was the main U.S. coinage facility at the time, and it produced millions of these quarters for everyday circulation.
Designed by Hermon Atkins MacNeil, the Standing Liberty Quarter is considered one of the most artistically beautiful coins in American history. The obverse features Lady Liberty standing in a gateway, partially draped, holding a shield and an olive branch. The reverse shows an eagle in flight.
If you’re not sure whether the coin you’re holding is genuine or just want a quick estimate of its condition, a coin identifier and value app can help you scan your coin and get an instant read on what it might be worth. It’s a handy tool for beginners and seasoned collectors alike.
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How Much Is the 1923 Standing Liberty Quarter Worth with No Mint Mark
The value of a 1923 Standing Liberty Quarter with no mint mark depends heavily on its condition, or “grade” in collector terms. Coins that saw a lot of pocket use are worth much less than those that were saved early and stayed in great shape.
Here’s a quick breakdown of approximate values by grade:
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| Grade | Description | Estimated Value |
|---|---|---|
| Good (G-4) | Heavy wear, major details visible | $8 – $12 |
| Very Good (VG-8) | Moderate wear, some detail | $12 – $18 |
| Fine (F-12) | Even wear across high points | $18 – $30 |
| Very Fine (VF-30) | Light to moderate wear | $35 – $60 |
| Extremely Fine (EF-45) | Slight wear on high points | $70 – $120 |
| Mint State (MS-63) | No wear, some contact marks | $200 – $400 |
| Mint State (MS-65+) | Gem quality, nearly flawless | $500 – $2,000+ |
For the most up-to-date pricing, you can check current 1923 Standing Liberty Quarter price data across multiple mint state grades to see exactly where your coin might land in today’s market.
Key Details to Look For on Your 1923 Quarter
One important thing to check on your 1923 Standing Liberty Quarter is the date area. This series is notorious for weak strikes, especially on the date. On many circulated coins, part of the date can appear faded or missing — this is a strike issue, not wear, and it affects value.
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Look at Liberty’s head and the chain mail on her midsection. If those details are sharp and defined, your coin likely grades higher on the scale.
Also note the silver content — the 1923 Standing Liberty Quarter is made of 90% silver, which means it contains 0.1808 troy ounces of silver. Even a heavily worn example is worth at least its silver melt value, which fluctuates with the silver spot price.
Using CoinKnow to scan your coin can help you quickly identify the grade range and get a ballpark estimate without needing to be a professional numismatist. The app is especially helpful when you’re sorting through a collection and want fast answers.
Your Old Coin Could Be Valuable!
Identify It & Know Its Real Value — Free Download
Is the 1923 Standing Liberty Quarter Rare
The 1923 no mint mark quarter is not considered rare by itself — the Philadelphia Mint produced over 9 million of them. However, finding one in truly high grade (MS-65 or above) is a different story. Because these coins circulated widely and were often weakly struck to begin with, gem-quality examples are genuinely hard to come by.
That means if you have a 1923 Standing Liberty Quarter that still shows sharp details and original luster, it could be significantly more valuable than a typical circulated example.
For a full overview of 1923 quarter value details by grade and condition, including what auction records show for top-tier examples, it’s worth doing your research before selling or trading your coin.
CoinKnow also lets you compare your coin against certified examples so you can gauge condition more accurately — a great feature if you’re serious about getting the best price.
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Should You Get Your 1923 Standing Liberty Quarter Graded
If your coin looks like it’s in Very Fine condition or better — minimal wear, clear details, decent luster — professional grading from PCGS or NGC is worth considering. Graded and certified coins typically sell for significantly more than raw (ungraded) ones, especially in online marketplaces.
A coin that grades MS-63 or higher could be worth several hundred dollars in a holder versus far less sold raw. The cost of grading (usually $20–$50 for standard service) can easily pay for itself if your coin is high quality.
If you’re unsure whether grading is worth it, start by using an app like CoinKnow to get a rough sense of condition before committing to the cost.
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Your Old Coin Could Be Valuable!
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FAQ About the 1923 Standing Liberty Quarter Value
Q: How do I know if my 1923 quarter has a mint mark?
A: If there is no mint mark on your 1923 Standing Liberty Quarter, it was made in Philadelphia. The mint mark would appear on the obverse, to the right of the date, if it were from the San Francisco (S) or Denver (D) mint. In 1923, only Philadelphia and San Francisco produced this coin.
Q: What is the silver melt value of a 1923 Standing Liberty Quarter?
A: The 1923 Standing Liberty Quarter contains 0.1808 troy ounces of pure silver. To find the current melt value, multiply that number by today’s silver spot price. At $28 per troy ounce, for example, the melt value would be around $5.06 — but numismatic (collector) value almost always exceeds that.
Q: Is a worn 1923 Standing Liberty Quarter still worth keeping?
A: Absolutely. Even a heavily circulated example is worth $8–$15 or more, which is well above face value. And since it’s a 100-year-old silver coin with beautiful design history, many people keep them simply for the joy of owning a piece of American history.
