The rarity of a coin is often tied to its mintage, or the number of coins produced. Generally, the lower the mintage, the higher the potential value, especially if it's coupled with high demand.
The condition of a coin, graded on a scale from Poor to Mint State (MS), significantly impacts its value. Coins in pristine condition are much more valuable to collectors.
Coins with errors or unique varieties are often highly sought after. For bicentennial quarters, certain die varieties or mint errors could increase their value.
Coins tied to significant historical events or themes might hold higher value among collectors interested in history.
Ultimately, the value of a coin is determined by the demand for it. Factors such as rarity, condition, and historical significance contribute to demand.
Certain coins may become popular among collectors due to trends or publicity, which can drive up their value.
Authenticity is crucial in determining a coin's value. Coins with proper authentication and certification from reputable grading services tend to fetch higher prices.
Like any collectible, the value of coins fluctuates based on market conditions, including trends in the numismatic community and economic factors.