The bicentennial quarter was minted to commemorate the 200th anniversary of the United States' founding.
It features a distinctive reverse design depicting a colonial drummer and a victory torch encircled by 13 stars, representing the original colonies.
Unlike regular quarters, the bicentennial quarter bears dual dates, "1776-1976," emphasizing the significance of the nation's bicentennial celebration.
The coin was minted in large quantities, but its popularity led to many being hoarded or kept as souvenirs, reducing the number available for circulation.
Some bicentennial quarters are worth significantly more than face value due to minting errors, such as the "No S" variety, which lacks a mint mark and is highly sought after by collectors.
While most bicentennial quarters are worth their face value, some in pristine condition or with rare varieties can fetch high prices in the collector's market, with examples selling for over 750,000 gems.