1927 Quarter Value Checker: Errors List, “D”, “S” & No Mint Mark Worth

Few coins from the 1920s spark as much collector interest as the 1927 Standing Liberty Quarter. With its 90% silver composition and iconic design, the 1927 Quarter Value holds strong appeal in today’s market.

A circulated No Mint Mark example starts at around $24 in Good condition, while a rare 1927-S Full Head coin in Mint State can command a staggering $88,320. Understanding what drives these price differences is the key to knowing exactly what your coin is worth.

 

1927 Quarter Value By Variety

From common circulated examples to rare Full Head specimens, the following table covers every major 1927 Quarter type and grade you need to know. If you know the grade of your coin, you can find the exact price below in the Value Guides section.

Also Read: Top 10 Most Valuable Quarter Coins In Circulation Worth Money (With Pictures)

 

Top 10 Most Valuable 1927 Quarter Worth Money

The auction record for the 1927 Quarter tells a compelling story about rarity, grade, and collector demand. Topping the list, a 1927-S graded MS-66 achieved a remarkable $258,500 — a figure that underscores just how scarce high-grade San Francisco mint examples truly are.

The 1927-S dominates nearly every position in the top 10, confirming its status as the standout key date of the entire Standing Liberty Quarter series. With only 396,000 coins originally minted, finding a well-preserved example is a genuine challenge for collectors.

Grade plays a decisive role in value. The gap between an MS-64 ($96,000) and an MS-66 ($258,500) illustrates how even a single grade point can more than double a coin’s auction price.

Notably, the 1927-D also earns its place in the top 10, with an MS-67 example realizing $34,000. This confirms that Denver mint coins in superb condition are equally respected by serious numismatists.

 

History of The 1927 Quarter

The 1927 Standing Liberty Quarter was struck during one of the most prosperous decades in American history — the Roaring Twenties. This era of rapid economic growth, cultural change, and national confidence is deeply embedded in the identity of the coins produced during this period.

The Standing Liberty Quarter design itself had been introduced in 1916, born from a nationwide effort to bring greater artistic merit to American coinage. Sculptor Hermon A. MacNeil was selected to design both sides of the coin, creating a piece that carried powerful national symbolism at a time when the United States was navigating its role on the world stage.

The design had already gone through meaningful evolution before 1927. Following public controversy over the original’s classical depiction of Liberty, the coin was redesigned in 1917 with chain mail covering Liberty’s chest — and it was this refined Type 2 design that all 1927 quarters carried.

Another key development that directly shaped the 1927 issue was the recessed date modification introduced in 1925. Earlier Standing Liberty quarters frequently returned to the Mint with their dates completely worn away, prompting engravers to sink the date into the coin’s field — a practical fix that ensured 1927 quarters preserved their dates far more reliably through circulation.

By 1927, the series was entering its final years. The economic collapse of 1929 and the Great Depression that followed brought dramatic changes to U.S. coinage production, and the Standing Liberty Quarter was ultimately retired after 1930.

Also Read: Top 100 Most Valuable Modern Quarters Worth Money List (1965-Present)

 

Is Your 1927 Quarter Rare?

Every 1927 Quarter tells a different story depending on its mint mark and condition. Check yours with the Coin Value Checker App to find out exactly where it stands in today’s collector market.

 

Key Features of The 1927 Quarter

Understanding what makes the 1927 Quarter special goes beyond its silver content and rarity. Every element of its design — from the figures on the front to the eagle on the back — was deliberately crafted to carry deep national symbolism.

The Obverse of the 1927 Quarter

The obverse was designed by sculptor Hermon A. MacNeil and features a full-length depiction of Liberty standing in a gateway, facing right. She holds a shield bearing the Stars and Stripes in her left hand — representing national defense — and an olive branch in her right, symbolizing America’s desire for peace.

The word “LIBERTY” arcs across the top, while 13 stars flank Liberty on both sides. By 1927, this was the Type 2 design, meaning Liberty wore a coat of chain mail over her chest — a modification introduced in 1917 following public controversy over the original’s more classical depiction.

MacNeil’s initials “M” appear subtly at the lower right of the obverse near the shield, a detail often mistaken for a mint mark by beginners.

The Reverse of the 1927 Quarter

The reverse features a bold American eagle soaring in full flight, wings outstretched and body angled to the right — a powerful symbol of freedom and national strength. The inscription “UNITED STATES OF AMERICA” curves across the top, with “QUARTER DOLLAR” placed along the lower border.

Three stars sit beneath the eagle between its body and the bottom legend, a placement added during the 1917 Type 2 redesign to balance the composition.

The motto “E PLURIBUS UNUM” appears between the eagle’s wings, reinforcing the nation’s founding ideal of unity. This reverse design is widely praised by numismatists for its naturalistic energy and commanding visual presence.

Other Features of the 1927 Quarter

The 1927 Quarter measures 24.3 mm in diameter and weighs 6.25 grams, with a composition of 90% silver and 10% copper — containing approximately 0.1808 troy ounces of pure silver. The edge is reeded, featuring uniform ridged grooves around the circumference, which was a standard anti-counterfeiting measure on silver coinage of the era.

One notable physical detail introduced before 1927 is the recessed date. Starting in 1925, the Mint lowered the date into the coin’s field to prevent it from wearing away in circulation — a practical improvement that means most surviving 1927 examples still display a clear, fully readable date regardless of wear level.

Also Read: Top 30 Most Valuable State Quarter Coins Worth Money List

 

1927 Quarter Mintage & Survival Data

The 1927 Standing Liberty Quarter was produced across three mints, yet the distribution was far from equal. Philadelphia dominated production with over 11.9 million coins struck, dwarfing the branch mint outputs by a significant margin.

Denver and San Francisco each contributed far more modest totals — 976,000 and just 396,000 respectively. The 1927-S stands as the lowest-mintage issue of the three, which directly explains its premium status among collectors today.

What makes the survival data particularly striking is how few examples have endured nearly a century of circulation and attrition. Despite Philadelphia’s massive original mintage, only an estimated 10,000 No Mint Mark coins are believed to survive — a survival rate of less than 0.09%.

The branch mint coins tell an even more compelling story. Both the 1927-D and 1927-S show survival rates under 1% and 2.1% respectively, yet their absolute survivor numbers are comparable to Philadelphia’s — a clear sign of how heavily these coins were used and lost over time.

Also Read: Top 30 Most Valuable State Quarter Coins Worth Money List

 

The Easy Way to Know Your 1927 Quarter Value

The 1927 Standing Liberty Quarter is one of the most nuanced coins to value correctly — three different mint marks, two major varieties (standard and Full Head), and dramatic price swings based on condition all make accurate identification essential.

Without the right tools, even experienced collectors can misjudge a coin’s grade or overlook a rare Full Head detail that could multiply its value several times over. That small helmet area on Liberty’s head is often the most important — and most overlooked — feature on the entire coin.

The Coin Value Checker App gives you a reliable shortcut to professional-level coin analysis, right from your smartphone. Powered by up-to-date market data, it helps you pinpoint your coin’s mint mark, estimate its grade, and understand exactly where it stands in today’s collector market.

 

1927 Quarter Value Guides

Not all 1927 Quarters are created equal — and that’s exactly what makes this year so compelling for collectors. A single small letter stamped above the date can mean the difference between a $25 coin and one that commands six figures at auction.

The three mint varieties of 1927 each occupy a completely different tier of rarity and value. From the widely available Philadelphia issue to the elusive Denver semi-key, all the way to the legendary San Francisco coin that has broken auction records for nearly a century — understanding which variety you have is the essential first step.

The sections below break down each variety in detail — covering what to look for, how condition affects price, and what your 1927 Quarter is realistically worth today:

• 1927 No Mint Mark Quarter (Philadelphia Mint)
• 1927-D Quarter (Denver Mint)
• 1927-S Quarter (San Francisco Mint)

 

1927 No Mint Mark Quarter Value

By 1927, the Standing Liberty Quarter had already survived a decade of controversy, design overhauls, and a nationwide push to recess the date after early issues wore smooth in circulation. The Philadelphia issue that emerged that year reflected the accumulated refinements of a series that had matured considerably since its rocky debut in 1916.

The 1927 Philadelphia quarter is noted for its strong strike, quality luster, and in some cases, beautiful natural toning — a reputation that separates it from many of its peers in the series where weak dies and poor pressure were chronic problems.

This makes it the most strike-friendly of the three 1927 varieties. Full Head examples — where Liberty’s helmet shows three complete leaves, a visible hairline, and a clear ear indentation — are genuinely achievable here in a way they simply are not on the Denver or San Francisco issues.

An auction record of $3,995 for a MS67+ example sold at Heritage Auctions in January 2016. While The Full Head (FH) version commands a substantially higher premium at every grade level, reflecting the added rarity of a sharply struck obverse. At the top of the FH market, an MS67 Full Head example realized $16,100 at a Bowers & Merena auction on November 9, 2006.

The auction record below shows how top-grade Philadelphia examples have performed in the market over the years.

The market activity data below tracks how actively this coin trades across all grade levels month by month.

 

1927-D Quarter Value

Of all the 1927 Quarter varieties, the Denver issue occupies the most underappreciated position in the series. Greysheet lists the 1927-D among the series’ scarce issues, and the coin’s grade sensitivity is particularly notable. Circulated examples trade between $22 in Good and $245 at AU level — affordable by most standards.

The picture changes sharply in Mint State. MS65 and MS66 are considered scarce, with anything finer being a truly great rarity. The standard MS auction record stands at $34,000 for an NGC MS67 example sold at Heritage Auctions in July 2005 — a figure that reflects just how few Denver coins survived in superb condition.

The realized prices below reflect what collectors have actually paid for the 1927-D at auction — across every grade level.

Monthly auction appearances offer a reliable indicator of collector demand, and the data below captures exactly that for the 1927-D.

 

1927-S Quarter Value

The 1927-S has earned a firmly established position in the numismatic market that very few coins from this era can match. Serious collectors building complete Standing Liberty Quarter sets treat it as a mandatory acquisition — and that sustained demand has kept prices resilient across all grade levels for decades.

Prices rise sharply as condition improves. A standard Mint State example trades in the $5,000–$7,000 range at the lower end of the MS scale. That figure represents just the starting point — the gap between a flat-struck MS coin and a Full Head example is where the real market story unfolds.

PCGS estimates only 50 examples of the 1927-S carry the Full Head designation, with just eight grading MS65 or better. That population is so thin that each auction appearance of a top-grade FH specimen becomes a market event in itself. An MS65FH carries an estimated value of around $240,000, while the all-time auction record belongs to a MS66FH that realized $258,500 at Heritage Auctions in August 2014.

The auction results below document how this key-date coin has been priced by the market over time, grade by grade.

The chart shown below gives a clear picture of just how actively the 1927-S moves through the collector market.

Also Read: 22 Rare Quarter Errors List with Pictures (By Year)

 

Rare 1927 Quarter Error List

The 1927 Quarter is not just about mint marks and grades — error coins from this issue represent some of the most exciting finds in the entire Standing Liberty series. Knowing what to look for could mean the difference between a common coin and a genuinely valuable discovery.

1. 1927 Quarter Weak Strike Error

Weak strikes are the most frequently encountered production flaw across all three 1927 Quarter varieties. Insufficient die pressure during minting caused Liberty’s helmet, facial features, and the eagle’s breast feathers to emerge soft and flat — even on coins that were technically uncirculated.

The 1927-D is the most notorious example of this problem. Most Denver coins show pronounced weakness across Liberty’s head and shield, and a sharply detailed specimen is genuinely exceptional.

A typical weakly struck 1927-D in circulated grades trades between $22 and $107. A well-struck example in the same grade commands a meaningful premium purely based on visual sharpness — making strike quality an independent factor collectors must evaluate alongside grade.

2. 1927 Quarter Clashed Die Error

Clashed dies occur when the obverse and reverse dies strike each other without a planchet between them, leaving ghost impressions of the opposite design transferred onto each die. On the 1927-S, this error has particular historical significance.

Heritage Auctions documented that many surviving Full Head 1927-S examples were struck using severely clashed dies. The Mint’s attempts to remove these clash marks left visible striations across the die face, which were then transferred directly onto struck coins.

This makes clashed-die 1927-S examples part of the issue’s verified production history rather than random accidents. A well-documented clashed die example typically adds a 15–25% premium over a standard coin of the same grade, with examples combining clash marks and Full Head detail attracting the strongest collector demand.

3. 1927 Quarter Off-Center Strike Error

Off-center strikes happen when a planchet is misaligned within the collar at the moment of striking, leaving a blank crescent of unstruck metal along one edge. On 1927 Standing Liberty Quarters, these errors are scarce and highly collectible.

Value depends on two key factors: the degree of misalignment and whether the date remains visible. A 10–15% off-center example with a clear, readable date in Fine condition can fetch $200–$500.

More dramatic strikes displaced 30–50% off-center — particularly if the date and mint mark are still legible — can command $800 to over $1,500. An off-center 1927-S is the rarest and most desirable of the three mint varieties, and any such example should be submitted to PCGS or NGC for authentication before selling.

 

Where to Sell Your 1927 Quarter?

Selling a 1927 Quarter the right way starts with knowing exactly what you have. A coin worth $25 in a flea market bin could be worth hundreds — or even thousands — in the right collector’s hands, so choosing the right venue makes all the difference.

Check out now: Best Places To Sell Coins Online (Pros & Cons)

 

1927 Quarter Market Trend

*Market Trend Chart showing the number of people paying attention to this coin.

 

FAQ About The 1927 Quarter

1. Where is the mint mark on a 1927 Quarter?

The mint mark on a 1927 Standing Liberty Quarter is located on the obverse (front) of the coin, just above the date to the left of Liberty’s foot. A “D” indicates Denver, an “S” indicates San Francisco, and no letter at all means the coin was struck at the Philadelphia Mint.

2. Is a 1927 Quarter made of silver?

Yes. Every 1927 Standing Liberty Quarter contains 90% silver and 10% copper, with approximately 0.1808 troy ounces of pure silver. This means even a heavily worn example carries a base silver melt value, regardless of its collectible grade.

3. What is the Full Head (FH) designation, and why does it matter?

The Full Head designation is awarded when Liberty’s helmet shows complete, sharp detail — including the hairline at the forehead, three visible leaves, and a clear ear indentation.

Because the Standing Liberty design was struck in high relief, most coins came out with soft or incomplete helmet detail even when brand new. A Full Head example can be worth three to ten times more than a standard coin of the same date and grade.

4. Which 1927 Quarter is the most valuable?

The 1927-S is by far the most valuable of the three varieties, with only 396,000 coins originally minted. A Full Head example in top Mint State condition has sold for over $258,500 at auction, making it one of the most prized coins in the entire Standing Liberty Quarter series.

5. How much is a 1927 Quarter with no mint mark worth?

A circulated 1927 No Mint Mark Quarter is worth around $15–$83 depending on wear. Well-preserved Mint State examples can reach $990 or more, while a Full Head specimen in top condition can command significantly higher prices for certified high-grade pieces.

6. How do I know if my 1927 Quarter has been cleaned?

A cleaned coin typically shows an unnaturally bright, shiny surface with fine parallel scratches called hairlines, often visible under a loupe or magnifier.

Original, uncleaned coins display natural luster and may show subtle toning that develops over decades. Cleaning destroys collector value significantly, so never attempt to polish or wash a 1927 Quarter before having it assessed.

7. What errors exist on the 1927 Quarter?

The most notable and valuable error on the 1927 Quarter is the weak or flat strike — particularly on the 1927-S, where poor die pressure resulted in incomplete details across most surviving examples.

Die cracks and minor doubling varieties have also been documented. Any 1927 Quarter showing unusual detail or abnormalities should be examined under magnification and submitted to PCGS or NGC for professional attribution.

8. Should I get my 1927 Quarter professionally graded?

For any 1927-D or 1927-S example, professional certification by PCGS or NGC is strongly recommended before buying or selling. A certified coin carries far greater buyer confidence, commands higher prices, and protects you from counterfeits — which are known to exist for the 1927-S in particular.

Even for Philadelphia coins, a Full Head specimen in higher grades is absolutely worth the cost of certification.

9. What is the difference between the 1927-D and 1927-S Quarter?

The 1927-D was struck at the Denver Mint with a mintage of 976,000, making it a semi-key date that is noticeably scarcer than the Philadelphia issue. The 1927-S, struck at San Francisco with only 396,000 coins, is rarer still and ranks as one of the most significant condition rarities in all of 20th-century U.S. coinage.

In higher grades, the price gap between the two is dramatic — a Mint State 1927-S can be worth many times more than a comparable 1927-D.

10. What is the best way to find out what my 1927 Quarter is worth today?

Start by identifying the mint mark and examining Liberty’s helmet area for Full Head detail — these two factors have the biggest impact on value. From there, compare the coin’s condition to standard grading images to get a general sense of its grade range.