1927 Quarter Value Chart at a Glance
The 1927 Standing Liberty Quarter splits into three dramatically different value tiers based entirely on mint of origin. For a complete illustrated in-depth 1927 quarter identification walkthrough with grading photos, see the detailed 1927 Standing Liberty quarter identification guide. The table below covers standard strike values; Full Head (FH) coins command large additional premiums as noted.
| Variety | Worn (G–VG) | Circulated (VF–EF) | Uncirculated (MS-60–63) | Gem (MS-65) | FH Premium |
|---|---|---|---|---|---|
| 1927-P (Philadelphia) | $14 – $20 | $23 – $38 | $125 – $225 | $480 – $550 | 2–3× at MS-65 |
| 1927-D (Denver) ⭐ | $21 – $45 | $80 – $175 | $325 – $600 | $675 – $800 | 4–5× at MS-65 FH |
| 1927-S (San Francisco) 🔴 | $30 – $130 | $230 – $1,350 | $7,800 – $15,000 | $20,000 – $258,500+ | 10–12× at MS-65 FH |
⭐ = Signature variety highlighted in gold | 🔴 = Rarest variety highlighted in red | Sources: PCGS Price Guide, Greysheet CPG, Heritage Auctions APRs
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The Valuable 1927 Quarter Errors — Complete Guide
Five documented errors and varieties are known across the three 1927 Standing Liberty Quarter mint issues. Strike-related problems dominate this year — the Denver and San Francisco mints are notorious for insufficient die pressure, making sharp examples extraordinarily rare. Mint-made errors from this silver series draw serious collector premiums even on common Philadelphia planchets, and any confirmed variety should be submitted to PCGS or NGC before selling.
Weak Strike / Flat Head Error
MOST FAMOUS $22 – $4,000+The weak strike is the defining production flaw of 1927 Standing Liberty Quarters, occurring across all three mints but most destructively at Denver and San Francisco. When the hub die closes on the silver planchet, insufficient pressure fails to push metal fully into the die's highest-relief areas — Liberty's helmet being the most critical. The result is a coin that may technically be uncirculated yet displays frustratingly flat and incomplete head detail.
On the 1927-D, weakness manifests as a collapsed helmet where the three leaves are absent or barely suggested, the ear hole is filled in, and the helmet's bottom outline is incomplete — precisely the features PCGS evaluates for Full Head designation. Liberty's facial features and shield rivets are similarly soft. The 1927-S suffers even more severely; most surviving examples grade AG to G because of weak strikes combined with circulation wear, and PCGS estimates fewer than 50 known coins qualify as Full Head in any grade.
Strike quality is now evaluated independently of numeric grade. A strongly struck 1927-D MS-64 will always command a higher price than a weakly struck MS-64 of the same date, even without the FH label. Collectors who find a 1927-D or 1927-S with sharp Liberty head detail should check PCGS or NGC populations before selling — sharply struck examples in the mid-circulated range also attract attention, since distinguishing strike weakness from actual wear is a core grading challenge unique to this series.
Clashed Die Error
MOST VALUABLE $79 – $1,500+A clashed die error occurs when the obverse and reverse dies strike each other with no planchet between them. The impact transfers a "ghost" impression of the reverse design onto the obverse die and vice versa. Subsequent coins struck from these damaged dies carry faint mirror images of the wrong side — a numismatic artifact frozen in silver at the moment of the mint's error.
For the 1927-S, clashed dies carry unusual historical weight. Heritage Auctions has documented that many surviving Full Head 1927-S examples were struck using severely clashed dies. The San Francisco Mint's attempts to remove clash marks left visible striations across the die face, and these striations were then transferred directly onto struck coins. This means clashed-die examples are not random accidents but part of the 1927-S's verified production history.
A 1927-P "Clashed E" example in VG condition has been offered for approximately $79, indicating modest premiums on the common Philadelphia date in circulated grades. Well-documented clashed die examples on the 1927-S command 15–25% premiums over a standard example of the same numeric grade, with coins combining clash marks and Full Head detail drawing the strongest collector demand. Heritage Auctions and PCGS auction records confirm this premium is consistent across recent sales.
Off-Center Strike Error
RAREST $200 – $1,500+An off-center strike occurs when a planchet is misaligned within the collar at the moment the dies come together. Part of the design is displaced, and a blank crescent of unstruck metal appears along one or more edges. On a 90% silver planchet with the Standing Liberty design, even minor misalignments create visually dramatic specimens that are immediately recognizable as mint errors.
Value for off-center 1927 quarters depends on two interacting factors: the degree of misalignment and whether the date remains fully legible. A modest 10–15% off-center example retaining a clear, readable date in Fine condition can fetch $200–$500. More dramatic examples displaced 30–50% off-center — particularly if the date and mint mark are both legible — command $800 to over $1,500. The visual appeal of the blank crescent combined with the complete date is what drives price.
An off-center example from the 1927-S mint would represent a compounded numismatic rarity of the first order, combining the key date's inherent scarcity with a dramatic mint error. Any such example should be authenticated by PCGS or NGC before any sale or public listing. Even 1927-P off-center strikes are scarce and desirable — the error itself is uncommon enough that any genuine example warrants professional attribution.
1927 DDO-001 Doubled Die Obverse
BEST KEPT SECRET Modest premium over faceThe 1927 Philadelphia Doubled Die Obverse is officially designated CONECA DDO-001 and Wexler WDDO-001. It is classified as a Class II distorted hub doubled die, meaning the doubling arises from the rotation of the working hub during the die manufacturing process rather than a simple shift between impressions. The effect creates a clear spread toward the center of the coin across the affected design elements.
The doubling is most evident on the letters "IN" of the motto "IN GOD WE TRVST." Under 5× to 10× magnification, the inner strokes of those two letters show a secondary impression slightly separated from the primary. Compared to famous doubled dies in other series — such as the 1955 Lincoln Cent DDO — the spread here is modest, making naked-eye detection unreliable. A good-quality loupe or macro photography is required for confident attribution.
This variety is not tracked by PCGS or NGC price guides, meaning it commands only modest premiums primarily among variety specialists and CONECA members. Its value lies more in the intellectual satisfaction of attribution than in dramatic price upside. A 1927-P DDO-001 in circulated grades is worth slightly more than a standard 1927-P but is unlikely to cross into four-figure territory without additional quality factors. The variety is documented in the CONECA Master Listing and is accessible to collectors focused on die variety attribution.
1927-D RPM-001 Repunched Mint Mark
SPECIALIST FIND Modest premium over baseThe 1927-D Repunched Mint Mark is cataloged as CONECA RPM-001, representing a documented case where the mint mark punch was applied to the working die in at least two slightly different positions. During the Standing Liberty Quarter era, mint marks were punched individually into each working die by hand, creating inconsistencies in placement and — occasionally — instances where the punch was applied twice, leaving a doubled or offset secondary impression alongside the primary mark.
The diagnostic of this RPM is a secondary "D" impression visible beneath or adjacent to the primary "D" mint mark under magnification. On the 1927-D, which is already a semi-key date with a mintage of just 976,400 pieces, an RPM variety adds a layer of numismatic interest that appeals to specialists building variety collections. The 1927-D is the only year Denver struck fewer than one million Standing Liberty Quarters, adding context to any interesting variety on this scarce date.
Like the Philadelphia DDO-001, the RPM-001 is not currently tracked by PCGS or NGC price guides, and premiums are modest — appealing chiefly to RPM specialists and Standing Liberty Quarter variety enthusiasts rather than mainstream collectors. Attribution confirmation via CONECA members or specialist dealers is recommended before pricing any example. The coin's base value as a 1927-D semi-key date provides the primary floor regardless of RPM status, making this a variety with dual appeal for both date and variety collectors.
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Run the Value Calculator →1927 Quarter Mintage & Survival Data
| Mint | Mint Mark | Mintage | Est. Survivors (all grades) | Rarity Note |
|---|---|---|---|---|
| Philadelphia | None | 11,912,000 | Large supply available | Common date — affordable type coin |
| Denver | D | 976,400 | Moderate — strike issues reduce high-grade supply | Semi-key; only Denver SLQ under 1 million |
| San Francisco | S | 396,000 | ~8,000 in all grades; ~50 with FH in any grade | Key date — 2nd lowest mintage in the series |
| Total 1927 | — | 13,284,400 | — | Three-tier rarity within a single year |
How to Grade Your 1927 Standing Liberty Quarter
Good / Very Good
Liberty is reduced to a flat outline with minimal interior detail. The date is readable thanks to the post-1924 recessed date format. Shield lines and gown folds are largely merged. Eagle's breast feathers are flat. Even in this worn state, a 1927-S commands $30–$130; a Philadelphia date is worth $14–$20.
Very Fine / Extremely Fine
VF: Liberty retains basic head outline; at least half of gown lines visible; shield center shows moderate wear. EF: Light wear only on highest points — Liberty's head, right leg, shield center. Most gown lines present; three-quarters of eagle wing feathers show full definition. A 1927-S EF-40 is worth approximately $930–$1,350.
About Uncirculated
Only the faintest trace of friction appears on the highest points: Liberty's head, right leg, and shield center. Underlying mint luster is still visible in the protected areas. This grade is critical for the 1927-S where AU specimens are themselves rare — an AU-50 example trades for approximately $2,500–$2,750.
Mint State / Gem
No trace of wear; original mint luster fully intact. The key test is Liberty's right leg and the central shield — even slight friction flattens these first. On the 1927-D and 1927-S, always check for Full Head: three distinct helmet leaves, complete helmet outline, and clear ear hole must be sharp. Without FH, a 1927-S MS-60 trades around $7,800–$9,000.
1927-S Full Head Self-Checker
The Full Head designation separates a $7,000 1927-S from a potential $258,500 trophy. Use this checklist to evaluate your coin's strike quality before submitting to PCGS or NGC.
❌ Common — Flat Head (Non-FH)
- Helmet leaves absent or barely suggested
- Bottom of helmet outline incomplete or merged
- Ear hole filled in, not visible
- Liberty's facial features soft or blended
- Eagle's breast feathers weak on reverse
✅ Full Head (FH) — High-Value Specimen
- Three distinct, complete leaves visible on helmet
- Complete, sharp outline on the bottom of the helmet
- Clear, distinct ear hole visible on Liberty's head
- Liberty's profile is sharp with defined hairline
- Eagle feathers on reverse are sharply detailed
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- Mint mark (S, D, or none)
- Any letters on Liberty's helmet
- Whether the date is bold or faint
- General condition (worn, shiny, etc.)
- Whether a grading service label is present
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- Any unusual blank areas on the coin
- Ghost images or double impressions
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- Edge condition — reeded or smooth?
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Where to Sell Your Valuable 1927 Quarter
Your selling venue matters as much as your coin's grade. Here are the four best options for the 1927 Standing Liberty Quarter.
🏛️ Heritage Auctions
The market leader for key-date Standing Liberty Quarters. Heritage has handled multiple 1927-S Full Head specimens at $1,500–$258,500+ and maintains the deepest buyer pool for top-end coins. For any 1927-S in AU or better, or any coin graded MS-64+, Heritage's specialist team and international bidder network maximize realized prices. Submit at least 8–10 weeks before your target sale date.
🛒 eBay
The most active marketplace for common 1927-P examples and mid-grade circulated coins. Check recently sold prices for 1927 Standing Liberty quarters on eBay to benchmark your asking price before listing. Completed listings, not active ones, show true market value. PCGS or NGC slabbed coins consistently sell for 20–40% more than raw examples at the same numeric grade.
🏪 Local Coin Shop (LCS)
Quick, no-fee cash transactions. Local dealers typically offer 60–75% of retail for common dates and 50–65% for better dates — they need room for profit and carrying cost. Useful for worn 1927-P examples or bulk type coin sales. For a 1927-S or any Full Head specimen, a local shop may not have the capital or buyer network to pay market price. Always get at least two dealer offers before accepting.
💬 Reddit r/Coins4Sale
Direct collector-to-collector sales with no auction house fee. Best for mid-grade circulated 1927-P and 1927-D examples where your asking price is $20–$200. Buyers on numismatic forums are knowledgeable — have a PCGS or NGC grade in hand, or be transparent about raw condition. Post clear photos with a ruler for scale and expect negotiation. No protection against disputes unless you use PayPal Goods & Services.
Frequently Asked Questions — 1927 Quarter Value
How much is a 1927 quarter worth?
A 1927 Standing Liberty Quarter's value depends heavily on mint mark and condition. The common Philadelphia issue trades between $14–$20 in worn grades and $150–$550 in gem uncirculated. The 1927-D (Denver) semi-key ranges from $21 in Good to over $675 in gem. The rare 1927-S commands $30–$40 worn and can reach $55,000+ in high uncirculated grades. Full Head (FH) designation multiplies values dramatically across all three mints.
What makes the 1927-S quarter so valuable?
The 1927-S had the second-lowest mintage in the entire Standing Liberty Quarter series at just 396,000 coins. Compounding its rarity, the San Francisco mint used insufficient die pressure that year, producing notoriously weak strikes. PCGS estimates only around 50 examples qualify for the Full Head (FH) designation. An MS66 FH example sold for $258,500 at Heritage Auctions, making the 1927-S one of the foremost condition rarities in all of 20th-century U.S. numismatics.
What is the Full Head (FH) designation on a 1927 quarter?
The Full Head designation is awarded by PCGS and NGC to Standing Liberty Quarters showing three complete and distinct helmet leaves, a complete outline on the bottom of the helmet, and a clear ear hole on Miss Liberty's head. It reflects a sharp, well-executed strike on the coin's highest relief point. For the 1927-S, fewer than 1% of surviving coins qualify, making FH examples extraordinarily rare and worth multiples of a non-FH coin in the same numeric grade.
How many 1927 quarters were minted?
Three mints struck quarters in 1927. Philadelphia produced 11,912,000 coins, making it the common date of the year. Denver struck only 976,400 quarters — the only year the Denver mint produced under one million Standing Liberty quarters — making it a genuine semi-key. San Francisco minted just 396,000, the second-lowest mintage in the entire series from 1916 to 1930, behind only the legendary key-date 1916 quarter.
What errors exist on the 1927 quarter?
The most collectible errors on 1927 Standing Liberty Quarters include: weak or flat strikes (especially on the 1927-D and 1927-S where striking pressure was insufficient), clashed die errors (documented on 1927-S where die clash marks left ghost impressions), and off-center strikes. Minor die varieties include a Doubled Die Obverse (CONECA DDO-001) on the Philadelphia issue and a Repunched Mint Mark (CONECA RPM-001) on the 1927-D. Off-center examples with visible dates can fetch $200–$1,500+ depending on severity.
How do I know if my 1927 quarter is the rare San Francisco issue?
Look for a small 'S' mint mark positioned on the obverse above the date area, to the right. A coin with no mint mark was struck in Philadelphia. 'D' indicates Denver. 'S' confirms San Francisco. Even a 1927-S in well-worn Good condition is worth $30–$40 over spot. Verify under magnification to confirm the mint mark, and submit to PCGS or NGC for any higher-grade example.
What is the highest price ever paid for a 1927 quarter?
The all-time auction record for a 1927 Standing Liberty Quarter belongs to a PCGS MS66 Full Head example of the key-date 1927-S, which realized $258,500 at Heritage Auctions in 2014. For the more common Philadelphia issue, a PCGS MS67+ example sold for $3,995 at Heritage Auctions in January 2016. For the 1927-D, a PCGS MS67 CAC example achieved $22,325 at Stack's Bowers in February 2014. These prices reflect the extreme condition rarity at the top of each mint's population.
Is a 1927 quarter made of silver?
Yes. All 1927 Standing Liberty Quarters are struck in 90% silver and 10% copper, following the same composition used for U.S. silver quarters from 1892 through 1964. Each coin weighs 6.25 grams and contains approximately 0.18084 troy ounces of pure silver. At modern silver prices, even the most worn 1927 quarter has meaningful intrinsic silver value — generally around $3–$5 based on spot prices — in addition to any numismatic collector premium.
Why are 1927-D quarters often weakly struck?
The Denver Mint used insufficient die pressure when striking the 1927-D, causing Liberty's helmet, facial features, and the eagle's breast feathers to appear soft and flat even on technically uncirculated coins. Most 1927-D quarters show pronounced weakness across Liberty's head and shield. A sharply struck 1927-D is genuinely exceptional and commands a substantial premium over the same numeric grade. Well-struck examples — especially those qualifying for Full Head — can be worth several times more than a weakly struck coin of identical grade.
Should I clean my 1927 quarter before selling it?
Never clean a 1927 quarter. Cleaning removes the original mint luster or natural toning, leaving microscopic hairline scratches visible under magnification. A cleaned coin is permanently devalued and will receive a 'Details' grade from PCGS or NGC rather than a clean numeric grade. A problem-free circulated 1927-P in Fine condition is worth far more than the same coin with cleaning marks. If your coin looks dull, that patina is normal and should be preserved. Submit to a professional grading service rather than attempting to improve appearance.
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