A bicentennial quarter valued at almost $100 million and worth over $40 million each would be an extraordinary find indeed! Such valuations are exceedingly rare in the world of coin collecting, but they're not entirely unheard of for exceptionally rare or historically significant specimens.
Uniqueness: The quarter may have a one-of-a-kind error, variety, or minting anomaly that sets it apart from all other known examples.
Historical Significance: It could have a unique provenance or historical context, such as being part of a famous collection or having a connection to a significant event or person in history.
Demand: High demand from collectors, investors, or institutions willing to pay a premium for such a rare and valuable piece.
Condition: The quarter would likely need to be in impeccable condition to command such a high price, as even minor flaws can significantly affect the value of a rare coin.
Market Factors: Economic conditions, trends in the numismatic market, and fluctuations in demand for rare coins can all influence valuations.