The 1870-S Liberty Seated Quarter had a low mintage, making it scarce compared to other coins of its time. The San Francisco Mint (S Mint) produced a relatively small number of these quarters in 1870, contributing to their rarity.
The 1870-S Liberty Seated Quarter holds historical significance as it represents a specific period in American history.
Many coins from the 19th century were melted down for their metal content or suffered wear and tear over time. The surviving population of the 1870-S Liberty Seated Quarter is likely limited, further enhancing its rarity.
The value of a coin is significantly influenced by its condition and grade. Coins that are well-preserved and graded higher on the Sheldon scale (a numerical grading system for coins) tend to command higher prices in the numismatic market.
The rarity of the 1870-S Liberty Seated Quarter, combined with its historical significance, generates strong demand among collectors. As a result, collectors may be willing to pay a premium to add this rare coin to their collections.