Coin Specifications

Category: Standing Liberty Quarters (1916-1930)
Mint: Philadelphia
Mintage: 9,716,000
Obverse Designer: Hermon A. MacNeil
Reverse Designer: Hermon A. MacNeil
Composition: Silver
Fineness: 0.9000
Weight: 6.2500g
ASW: 0.1808oz
Melt Value: $4.70 (6/18/2021)
Diameter: 24.3mm
Edge: Reeded
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1923 25C MS obverse 1923 25C MS reverse
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Description & Analysis

Two years of economic recession ended during 1923, and by then the huge mintages of 1917-20 quarter dollars had finally been fully distributed. Thus did the Philadelphia begin coining large numbers of quarters once again. This high mintage has left 1923(P) as one of the more common pieces of the raised date series. Worn examples are plentiful, though many have only the final numeral of the date visible. As the only coin of this type to have a date ending in 3, these coins remain useful as hole fillers.

Mint State survivors are plentiful, though precious few are struck well enough to warrant Full Head certification. Author Jay Cline pegged the percentage of FH coins at one in ten, and this seems to be in line with the certified population.

GRADE SUMMARY

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Price Guide

Last Updated: 10/29/2019

Click on a price to see historical prices, comparison charts and trends.

1923 25C MS
  GVGFVFXF505355586061626364656667686970
Base $ 25.00 35.00 40.00 65.00 80.00 100 115 125 150 180 190 220 275 350 430 665 1800 - - -
$ - - - - 165 - - - - 400 550 1200 2650 -
1923 25C MS FH
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - 190 200 215 225 240 290 390 600 1200 2650 5000 15000 - - -
$ - - - - - - - - - 1900 - 8500 - -

NGC Price and Value Guides Disclaimer

Disclaimer: The prices listed in the various NGC Price and Value Guides are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. Prices provided are averages, not specific prices for individual coins. Further, because these prices are only updated from time to time, they do not reflect short term pricing trends, which are quite common and are often quite dramatic, given the volatile nature of the collectible coin marketplace. This is especially true for rare coins, where there are fewer sales and greater variations in sale prices. For all of these reasons, the prices in these guides are designed to serve merely as one of many measures and factors that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and — when appropriate — expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Guides. By using the NGC Guides, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the Guides.

Census

 
NGC GRADE SUMMARY

Total Graded: 1720
Low Grade: G
Average Grade: 62
High Grade: 68

The chart showing G series, VG series, F series, VF series, 40 series, 45 series, 50 series, 53 series, 55 series, 58 series, 60 series, 61 series, 62 series, 63 series, 64 series, 65 series, 66 series, 67 series, 68 series.
NGC CENSUS DETAIL Last Updated: 6/15/2021 1923 25C MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-612224014227195017012812819136929516945---1588
-----------------2----2
---------------3682---19
-----------------------
Total-612224014227195017012812819137230117947---1609
 -0%1%1%2%1%1%0%1%3%11%0%2%8%12%23%19%11%3%--- 
1923 25C MS FH
 PrAgGVGFVF4045505355586061626364656667686970Total
Base----------8-2122140251842--132
-----------------------
---------------1-31---5
-----------------------
Total----------8-2122141252152--137
 ----------6%-1%9%15%30%18%15%4%1%-- 

NGC Registry

NGC Registry Score 1923 25C MS FH
 PrAgGVGFVF4045505355586061626364656667686970
Base591431832012883363665976206536747838829901271192828343817608976222189223329
87156189230304346443605631660710816918108414902230316245746600123792237124495
0000004436056316607108169181084149022303162457466001237900
0000005206126426677478499541177170925323489533271111713500
1923 25C MS
 PrAgGVGFVF4045505355586061626364656667686970
Base37102143163255304336366409437502575597663774908111014442335314985159234
59116150194271315346380418459526582619700819975122117412606493887559696
000000346380418459526582619700819975122117412606493800
0000003563954284805515906417378631043133320382878672600
Registry Image Gallery
Grade: MS 66 FH
Points: 4044
Owner: Bart Star
 
Grade: MS 67
Points: 2335
Owner: JMWorlock
 
View the Registry Image Gallery

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NGC Auction Central Disclaimer

NGC Auction Central Disclaimer

Disclaimer: The auction prices realized listed in the NGC Auction Central are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. The auction data listed by NGC may occasionally contain typographical or input errors that can result in incorrect prices realized appearing on the NGC website. Therefore, the prices realized listed in NGC Auction Central are designed to serve merely as one of many measures and facts that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and – when appropriate – expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Auction Central. By using the NGC Auction Central, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the NGC Auction Central.