2016 United States Mint .25 Oz Gold Standing Liberty Quarter

Specimen details

Identity

Year

2016

Country

United States

Denomination

.25

Series

Centennial Gold Coin Series

Minted by

United States Mint

Mint mark

West Point

Era

2016

Type

Gold Rare & Numismatic

Metal content

Composition

.9999

Purity

.9999

Fine metal

0.25 troy oz

Gross weight

7.776 g

Face value

$0.25

Physical

Diameter

22 mm

Thickness

1.63 mm

Edge

Reeded

Packaging

Box / OGP

Mintage

100,000

Designer

Hermon A. MacNeil

Design

Obverse

The obverse (heads) features Liberty holding a shield and olive branch as she steps through an opening in a wall bearing 13 stars. Obverse Inscriptions LIBERTY IN GOD WE TRUST AU 24K 1/4 oz. 2016

Reverse

The reverse (tails) depicts an eagle in flight flanked by 13 stars. Reverse Inscriptions UNITED STATES OF AMERICA E PLURIBUS UNUM QUARTER DOLLAR

History

The 2016-W Standing Liberty Gold Quarter originally went on sale on September 8, 2016. The original issue price of the 2016-W Standing Liberty Quarter when purchased directly from the U.S. Mint was set at $485 each. Its maximum authorized mintage was set at 125,000 coins. Each coin contains one-fourth ounce of pure 24 karat gold. The coins have a reeded edge with a beautiful Standing Liberty design.

From September 8 to September 20, the ordering limit was set at one coin per household.

The coins were well received by collectors, dealers and the public. In the secondary market, there were a few dealers trying to buy them in large quantities, even offering premiums ranging from about $50 - $100 over the U.S. Mint issue price per coin.

However, on September 21, the U.S. Mint threw a curve ball when it raised the household ordering limit from one coin per household to an unlimited ordering limit per household. This was an unanticipated move for many collectors, speculators and dealers, as it affected prices of the coins. By September 28, the U.S. Mint had already sold a little over 75,000 coins, from the maximum authorized mintage of 100,000. In other words, approximately three-fourths of the coins have been sold so far.

In 2016 the U.S. Mint introduced three different 2016 Centennial Gold coins to celebrate the 100th Anniversary of the Mercury Silver Dime, Standing Liberty Silver Quarter and Walking Liberty Silver Half Dollars. The U.S. Mint already offered the Gold Mercury Dimes and the Gold Standing Liberty Quarter earlier in the year and offered the Gold Walking Liberty Half Dollars later in the year. All three coin designs were originally introduced in 1916, but were composed of 90% silver as opposed to 24 karat pure gold.

Authenticity guarantee

• Every coin, bar and round I sell is guaranteed genuine. Gold and silver is tested before it is listed, and graded coins are listed with their grading service and certification number.
• If a piece is ever found not to be authentic, or not what I described, I refund the full price and the shipping, and I pay the return shipping.
• I describe condition and flaws plainly, and I would rather lose a sale than oversell a piece.

Shipping and insurance

• Shipping is free, and always insured.
• Orders ship within 2 business days after payment clears. Card payments clear at once; bank transfers (ACH) can take a few business days to clear before I ship. Some orders take up to 3 business days while I confirm the payment.
• Orders travel by the United States Postal Service. Time in the mail depends on how far the package has to go. Most orders go Registered Mail, which is signed for at every step and is slower than ordinary mail: allow 2 to 14 days in the mail after it ships. Lower-value pieces go Priority Mail, which usually takes 1 to 3 business days.
• Everything travels insured and trackable, with a signature required on higher-value orders. The tracking number is emailed to you and appears on your order status page.
• I ship within the United States. If a package arrives damaged, do not accept it if you can, take photos, and write to me the same day: I handle the insurance claim and make it right.

Returns

• Numismatic and collectible pieces: if you are not happy for any reason, tell me within 7 days of delivery and send it back insured, in the condition you received it. You pay the return postage. I refund the purchase price when it arrives.
• Bullion priced by the metal market (generic coins, bars, rounds and junk silver): these are tied to the daily spot price, so they cannot be returned for a change of mind. They can always be returned if they are not as described or not authentic.
• Refunds go back to the original payment method within a few business days of the piece reaching me.
• Questions about an order? Write to me through the contact page and I will sort it out personally.