The US quarter mintage in 1848 was substantial, with over 10 million pieces produced. As such, they are relatively common and accessible compared to some rarer dates. In terms of value, here's a breakdown:
1. Common Dates: Circulated examples of the 1848 quarter (those showing signs of wear and usage) in average condition (Good or VG) may be worth around $5 to $15.
2. Uncirculated Specimens: Uncirculated quarters from 1848, meaning those that have never been put into circulation and are in exceptionally good condition, can command higher prices. Depending on the grade, an 1848 uncirculated quarter can range from $50 to over $100.
3. Higher Grades and Rarities: If the 1848 quarter is graded in higher conditions, such as Extremely Fine (EF), Uncirculated (UNC), or Proof, its value can significantly increase. Additionally, some mint error coins or specially designated strike types can also command higher premiums among collectors.
It's essential to note that these values are merely estimates and can fluctuate based on market trends and actual sale prices. To determine the precise value of your specific 1848 US quarter, it is advisable to consult with professional appraisers or experts who can assess the coin in hand, taking into account its specific condition and characteristics.