The U.S. State Quarter program, launched in 1999, was not just a tribute to American heritage; it turned ordinary quarters into potential treasures. Most are worth their face value, but some rare variations are prized by collectors and can fetch thousands. Let’s cut into these fascinating coins and how you can identify them.
Factors
Before talking about particular coins, let’s look at why certain quarters are more valuable than others. Here are three major determinants of the value:
- Minting Errors: Mistakes during the process
- Low Production: There is a demand for fewer pieces
- Condition: Fresh, untouched coins are of more value
Rare Quarters
Delaware “Spitting Horse” (1999)
This quarter is the first in a series and boasts a unique error. A die crack near the horse’s mouth gives the impression of “spitting.” These coins can sell for as much as $5,000 in mint condition.
Pennsylvania Double Die (1999)
This error shows a doubling on the reverse lettering. Dubbed the “Double Die Reverse,” it sells for up to $1,000. The error is easily noticed with close examination.
New Hampshire “Hanging Old Man” (2000)
A die crack in this quarter creates an unappealing view of a rope around the “Old Man of the Mountain” rock formation. These coins can sell for as much as $500 based on condition, depending on whether or not prominence is a factor.
South Carolina Doubled Text (2000)
Doubled in the word “South,” this quarter makes it stand out. Not as valuable but potentially selling for up to $250 in good condition.
Wisconsin “Extra Leaf” (2004)
Perhaps the most famous, this quarter comes in two versions:
Extra High Leaf
Extra Low Leaf
Both have an extra leaf on the corn stalk, and values reach as high as $1,500.
Minnesota Double Die (2005)
This variety shows doubling in background trees. Its value can be as high as $300 depending on its condition.
Colorado “Cud Error” (2006)
A die crack along the mountain range gives the illusion of an extra peak. Prominent examples are worth up to $250.
Hawaii Double Die (2008)
Doubling in the state name makes this newer quarter a collector favorite; values up to $500.
District of Columbia “Ellington Error” (2009)
With a misspelling of Duke Ellington’s name, this quarter can sell up to $1,000, particularly in uncirculated versions.
- Locating Valuable Quarters
- Look Carefully: Look for dates in the above list.
- Use Tools: Magnifying glasses can distinguish tiny errors.
- Preserve Quality: Handle coins by their edges and store them safely.
Where to Look
- Pocket Change: Valuable coins still circulate.
- Bank Rolls: Request rolls of quarters to search through.
- Coin Shops and Shows: Ideal places to find or verify rare quarters.
- Estate Sales and Collections: Hidden treasures often appear here.
Protecting and Verifying Finds
Suspect you’ve found something valuable? Here’s what to do:
- Handle coins carefully to avoid damage.
- Store them in protective holders.
- Use a professional grading service to authenticate value.
Selling Your Coins
When it’s time to sell, consider:
- Coin Dealers: They are dealers who buy and sell.
- Online Auctions: eBay attracts competitive bidders.
- Coin Shows: Good opportunities to network with collectors.
- Private Collectors: Direct sales tend to maximize the returns.
The State Quarter program proved, unexpectedly, to be a treasure hunt for collectors and enthusiasts. Special variations, from die cracks to doubling errors, make routine pocket change into something that becomes highly cherished. Keep on the lookout—you might just find something that changes one of these quarters into a windfall.
FAQs:
What is the most valuable state quarter?
The Delaware “Spitting Horse” quarter, worth up to $5,000.
How can I identify error coins?
Look for die cracks, doubling, or unusual details.
