The 1927 Standing Liberty Quarter is worth anywhere from $15 in worn condition to over $3,500 in pristine mint state. If you have just discovered one of these beautiful coins in an old collection or a jar of change, its value depends heavily on its physical condition and specific design details.

Grade	Typical Value (No Mint Mark)
Good (G-4)	$15 – $20
Fine (F-12)	$35 – $45
Extremely Fine (XF-40)	$85 – $110
Mint State (MS-63)	$300 – $450
Gem Mint (MS-65 FH)	$1,200 – $3,500+

How to Identify a 1927 Standing Liberty Quarter with No Mint Mark

Identifying a 1927 silver quarter starts with looking at the obverse—the “heads” side of the coin. You will see Lady Liberty stepping through an opening in a wall, holding a shield and an olive branch. To know if your coin has “No Mint Mark,” you need to look at the bottom left area near the wall opening, just above the date. If that space is blank, it means the coin was struck at the Philadelphia Mint. Philadelphia was the primary U.S. mint and did not use a mint mark on quarters during this era.

The CoinKnow app can help you verify these small details if you aren’t sure what you are looking at. To get a professional second opinion on your find, using a top coin identifier app is a great first step for any beginner.

While millions of these quarters were minted, very few have survived in high grades. By 1927, the “recessed date” design was already in place, which means the dates are usually easier to read on these coins compared to those minted before 1925. However, since these coins were made of 90% silver, many were heavily circulated in daily commerce, leading to significant wear over the decades. Knowing if yours is a rare survivor is key to its valuation.

Factors Influencing the 1927 Philadelphia Quarter Value

When determining the price of a 1927 Standing Liberty Quarter, several factors come into play. The most significant is the degree of wear. Because silver is a soft metal, the fine details of Liberty’s chainmail, her knees, and the feathers on the eagle’s wings on the reverse are the first things to disappear. Coins with “Flat” details are worth significantly less than those with “Crisp” details.

Additionally, the presence of original “mint luster”—that satiny, frosty shine found on new coins—can skyrocket the price. Collectors are also very sensitive to “eye appeal.” A coin that has turned a dark, ugly gray might be worth less than one with a beautiful rainbow patina. You can view comprehensive 1927 Standing Liberty Quarter price data for high-grade specimens to see how much these aesthetic factors impact the bottom line.

Another massive factor is the “Full Head” (FH) designation. For a Standing Liberty Quarter to earn this, Liberty’s helmet must show a distinct ear hole and a clear dividing line between the helmet and her hair. Only a small fraction of the 1927 mintage was struck with enough pressure to bring out these details, making FH coins the holy grail for 1927 collectors.

Condition Factor	Impact on Value
Full Head (FH)	Increases value by 200% – 500% in Mint State
Heavy Wear	Retains mostly silver bullion value (~$5-20)
Original Luster	Required for any grade above MS-60
Cleaned/Scratched	Reduces value by 50% or more

Understanding the Grades of a 1927 Silver Quarter

Grading is the process of evaluating a coin’s condition on a scale from 1 to 70. For a casual person who found a coin, you likely have something in the “Good” to “Very Fine” range. In “Good” condition, the date will be visible, but Liberty will look like a silhouette with very few internal details. Moving up to “Fine,” you will start to see the folds in her gown and some feathers on the eagle.

By the time a coin reaches “Extremely Fine,” Lady Liberty’s features are sharp, and only the highest points—like her breast and knee—show slight flattening. If you think you have a coin that has never been used in a store, it might be “Uncirculated” or “Mint State.” You can research more 1927 quarter value information to compare your coin against professional photos of these different grades.

If you are struggling to tell the difference between “About Uncirculated” and “Mint State,” consider using CoinKnow. The app uses advanced image recognition to help you estimate where your coin falls on the grading scale, which is vital because a one-point difference in grade can mean hundreds of dollars in market value.

The Significance of the 1927 Philadelphia Mintage

The 1927 Standing Liberty Quarter from the Philadelphia Mint had a total mintage of 11,912,000 coins. While this seems like a large number, it is actually a “middle-of-the-road” mintage for the series. It isn’t nearly as rare as the famous 1916 (with only 52,000 made), but it is much scarcer than the 1920 or 1930 issues.

This “mid-range” rarity makes the 1927 an excellent coin for middle-class collectors. It is affordable enough for most people to own in a decent condition, yet it is valuable enough to be considered a serious investment if found in high grades. During the Great Depression, which began just a few years after these were minted, many of these coins were spent out of necessity, leading to the high wear we see on most surviving examples today. Finding one that escaped heavy use is a rare event.

Mintage Year	Mint Location	Total Struck
1927	Philadelphia (No Mark)	11,912,000
1927-D	Denver	976,000
1927-S	San Francisco	396,000

Market Trends and Selling Your 1927 Quarter

The market for Standing Liberty Quarters has remained remarkably stable over the last decade. Because they are 90% silver, they always have a “floor” value based on the current price of silver bullion. However, the numismatic (collector) value is what really drives the price. Currently, there is a high demand for “Type 2” quarters (like the 1927) that have clear dates and no damage.

If you decide to sell your 1927 quarter, avoid cleaning it! Many beginners think a shiny coin is worth more and will scrub it with baking soda or jewelry cleaner. This actually destroys the coin’s value by scratching the surface at a microscopic level. Professional collectors prefer a dirty, original coin over a shiny, cleaned one every time.

Before taking your coin to a local shop, use CoinKnow to get a baseline idea of what you have. Knowledge is power when negotiating with dealers. If your coin appears to be in incredible condition (MS-65 or higher), it might be worth sending to a professional grading service like PCGS or NGC to maximize your return.

Conclusion: Is Your 1927 Quarter a Treasure?

The 1927 Standing Liberty Quarter with no mint mark is a classic piece of American history. While most examples found in old cigar boxes or inherited collections are worth between $15 and $100, the potential for a high-value “Mint State” or “Full Head” discovery is always there. The combination of silver content and beautiful artistry makes this one of the most beloved coins in the hobby.

Take a close look at Lady Liberty’s head and the date. If the details are sharp and the coin has a natural luster, you could be holding a coin worth hundreds or even thousands of dollars. Whether you keep it as a family heirloom or sell it to a lucky collector, the 1927 quarter is a true prize of American coinage.

FAQ

Q: Where is the mint mark on a 1927 Standing Liberty Quarter?

A: The mint mark is located on the obverse (front) of the coin, just to the left of the date and slightly above the “1” in 1927. If you see no letter there, the coin was minted in Philadelphia. If you see a “D” or an “S,” it was minted in Denver or San Francisco, respectively.

Q: Is the 1927 Standing Liberty Quarter made of silver?

A: Yes, all Standing Liberty Quarters minted between 1916 and 1930 are made of 90% silver and 10% copper. This gives them an intrinsic “melt value” that fluctuates with the silver market, regardless of their condition as a collectible.

Q: Why is the “Full Head” version so much more expensive?

A: The “Full Head” (FH) designation indicates a perfect strike. Many 1927 quarters were struck with worn dies or insufficient pressure, leaving the details of Liberty’s head blurry. Collectors pay a massive premium for coins that show the full design as the artist intended.

Q: Should I get my 1927 quarter professionally graded?

A: You should only consider professional grading if the coin is in “Uncirculated” condition or has the “Full Head” detail. For coins that are heavily worn or worth less than $150, the cost of grading often exceeds the value of the coin itself. Use an app to estimate the grade before spending money on professional services.