The 1976-S Proof Bicentennial Quarter (Type 2) was struck as a proof coin, meaning it was specially produced with polished dies and planchets, resulting in a sharper, more detailed finish compared to regular circulation coins.
The Type 2 variety of the 1976-S Proof Bicentennial Quarter is distinguished by the distinctive design of the reverse, featuring a more sharply defined eagle on the moon. This variety has a relatively limited mintage compared to other Bicentennial Quarter types, contributing to its scarcity.
Collectors highly covet proof coins due to their limited production and superior quality. The Type 2 variety of the 1976-S Proof Bicentennial Quarter is particularly sought after due to its unique design elements, making it a prized addition to numismatic collections.
The value of proof coins is highly dependent on their condition. Uncirculated or near-perfect examples with minimal imperfections, scratches, or discoloration command higher prices from collectors.
As part of the Bicentennial coinage program celebrating the 200th anniversary of the United States, the 1976-S Proof Bicentennial Quarter holds historical significance. Collectors interested in American history and numismatics value coins from this series for their commemorative significance.
The value of coins can fluctuate over time based on collector trends, market demand, and economic factors. The reported value of $210,000+ for the 1976-S Proof Bicentennial Quarter (Type 2) reflects its desirability among collectors and the current market conditions.
High-value coins like the 1976-S Proof Bicentennial Quarter often undergo authentication and certification by reputable grading services such as the Professional Coin Grading Service (PCGS) or the Numismatic Guaranty Corporation (NGC). Authenticated and graded examples receive a certified grade, adding to their market appeal and value.
The reported value of $210,000+ likely reflects the price achieved by a specific example of the 1976-S Proof Bicentennial Quarter (Type 2) at auction. Auction prices can vary based on factors such as rarity, condition, provenance, and bidder interest, but they provide a benchmark for the coin's potential value in the collector's market.