The examination of the realm of collectible coins reveals that certain state quarters are not only distinguished by their distinctive designs, but also by their prospective high value.
This article explores the potential value of several U.S. state quarters that may be present in your pocket change, which are worth a surprising amount due to their limited mintage and uncommon errors.
1. The Delaware Spitting Horse Error (1999-P)
The die break on this peculiar error coin is reminiscent of a line that extends from the horse’s muzzle on the Delaware quarter.
Although these quarters initially sold for high prices, their value has since stabilized, with prices ranging from $5 for worn examples to approximately $30 for those in pristine condition.
2. Extra Leaf Errors in Wisconsin (2004-D)
The Wisconsin quarter is infamous for its two error varieties: the Extra High Leaf and the Extra Low Leaf. Initially, the numismatic community was alarmed by these anomalies, which were the result of discrepancies in the die.
The Extra Low Leaf coins that are currently in circulation are valued at approximately $50, while the Extra High Leaf coins are valued at up to $100 in uncirculated condition.
3. Minnesota Doubled Die Errors (2005-P)
This quarter is distinguished by its numerous doubled die variations, with the most notable example featuring additional conifer trees. The most prominent errors can be sold for $50 or more, while those that are less evident are valued at $5 or more.
4. Kansas “IN GOD WE RUST” Error (2005-P)
This coin may be worth substantially more than its face value, contingent upon its condition, as a consequence of a grease-filled die that obscured the “T” in “TRUST.”
5. North Dakota Quarter with High Grades (2006-D)
Although this quarter is prevalent in circulation, high-grade examples, such as those graded MS68, have been auctioned for as much as $3,760.
6. Rare Proof Quarters
The 1999-S Pennsylvania proof silver quarter and the 1999-S New Jersey proof silver quarter are highly sought after due to their low mintage and silver content. In excellent condition, they are valued at approximately $35 and $30, respectively.
Special Mentions
Other noteworthy quarters include the Oklahoma (2008-D), which is valued at approximately $1.25 in mint state due to its limited mintage during the recession, and the Texas Grease Strike Through error (2004-P), which can be exceptionally valuable, with high-grade specimens fetching up to $10,000.
Summary Table
| Quarter Type | Notable Features | Approximate Value |
|---|---|---|
| Delaware Spitting Horse | Die break resembling a spit | $5 – $30 |
| Wisconsin Extra Leaf Errors | Extra leaf on the corn stalk | $50 – $100 |
| Minnesota Doubled Die | Extra trees on the reverse | $5 – $50 |
| Kansas “IN GOD WE RUST” | Missing “T” in “TRUST” | Varies |
| North Dakota High Grade | Rare high-grade examples | Up to $3,760 |
| 1999-S Proof Quarters | Low mintage, silver content | $30 – $35 |
Conclusion
Rare state quarters can be a potentially lucrative and rewarding pursuit. Although numerous quarters are worth only their face value, collectors highly prize specific coins due to specific defects and limited issues.
FAQ
1. What makes a state quarter valuable?
Certain errors, low mintages, and unique varieties can significantly increase a quarter’s value.
2. How can I identify a rare state quarter?
Look for unusual features like misprints, die errors, or abnormal designs compared to typical quarters.
3. Where can I find valuable quarters?
Check your pocket change, coin rolls, and possibly purchase from reputable dealers or auctions.
4. How do I store valuable quarters?
Store them in a cool, dry place, ideally in coin protectors or albums to prevent damage.
5. Are all old quarters valuable?
Not necessarily; value depends on rarity, condition, and demand among collectors.
References
Gainesville Coins – Offers insights on specific rare quarters and their historical significance. Gainesville Coins
Numismatic News – Provides updates on coin errors and their implications in the collector’s market. Numismatic News
USA Coin Book – A comprehensive resource for coin collectors, featuring detailed listings and price guides for U.S. coins. USA Coin Book
PCGS (Professional Coin Grading Service) – An authoritative site offering grading, authentication, and valuation of coins. PCGS
Coin Value Checker – Useful for checking the current market values and histories of various U.S. quarters. Coin Value Checker
I am a bicentennial coin collector, now l want to auction off some of them, how can I go about selling them?