The Bicentennial Quarter refers to the special quarter issued by the United States Mint in 1976 to commemorate the 200th anniversary of the Declaration of Independence. This makes it a piece of American history, adding to its collectible value.
The Bicentennial Quarter was only minted for a brief period in 1975 and 1976. Its limited mintage compared to regular quarters increases its rarity and desirability among collectors.
The condition of a coin significantly impacts its value in the numismatic market. It's likely that the $99 million USD valuation is attributed to the exceptional condition of the rare quarter.
The value of rare coins often fluctuates based on numismatic trends, collector demand, and economic factors. If a particular coin becomes highly coveted among collectors or investors, its value can skyrocket, as seen with the Bicentennial Quarter and others mentioned.
Authenticity and certification are paramount in the coin collecting world. Rare coins like the Bicentennial Quarter undergo rigorous authentication processes to ensure their legitimacy.
Rare coins, particularly those with historical significance and limited availability, have long been sought after as alternative investments. They offer diversification opportunities and a hedge against economic uncertainties.
The world of numismatics is fueled by passion and fascination for rare and unique coins. Collectors often compete fiercely to acquire prized pieces for their collections, driving up prices in the process.