The value of a non-circulating, collectible quarter primarily composed of gold is determined by a confluence of factors, including its gold content (measured in karats or fineness), weight, historical significance, rarity, and overall condition. For example, a special-issue quarter containing a substantial amount of gold, possessing a pristine condition, and issued in limited quantities could hold significant value for collectors. Conversely, a common-issue coin plated with a thin layer of gold might have minimal value beyond its face value.
Understanding the factors that contribute to numismatic value is crucial for both collectors and individuals who may possess such items. Accurate appraisal requires careful examination and, often, consultation with experienced numismatists. This knowledge allows for informed decisions regarding buying, selling, and preserving these pieces of monetary and historical significance. The historical context surrounding the coin’s creation, including the events or individuals it commemorates, can also play a role in determining market value.