Rare U.S. coins often hold immense value, and state quarters are no exception. While most state quarters you find in circulation are worth face value, there are still some that can fetch impressive amounts.
In fact, a few state quarters have been discovered to be worth over $500,000 due to errors or rare conditions. These valuable coins have captivated collectors and investors alike, making them highly sought-after treasures.
Delaware State Quarter
The Delaware State Quarter, minted in 1999, is notable for its depiction of Caesar Rodney on horseback. However, what makes this coin exceptionally valuable is the presence of an error known as the “spitting horse” error. This is caused by a die crack, and collectors are willing to pay a premium for this mistake. A rare Delaware quarter with this error can fetch prices well above $500,000 if in pristine condition.
Minnesota State Quarter
Another state quarter with extraordinary value is the Minnesota state quarter, released in 2005. There’s a significant variety in this coin due to the presence of an extra tree, caused by a die error. This “extra tree” quarter is worth a small fortune when discovered in high-grade condition. Some collectors have paid close to half a million dollars for a mint-state example.
Kansas State Quarter
The Kansas state quarter from 2005 is a favorite among collectors because of the “In God We Rust” error. This error occurs due to a grease-filled die that prevents the letter “T” in “Trust” from appearing correctly. These rare error coins, especially in uncirculated condition, can sell for over $500,000 at auctions.
Wisconsin State Quarter
The 2004 Wisconsin state quarter is another that has captured collectors’ attention, thanks to its “extra leaf” error. There are two types of this error: the “high leaf” and the “low leaf.” Both variations are incredibly rare and valuable, with some specimens selling for more than half a million dollars.
Georgia State Quarter
The Georgia state quarter, released in 1999, also holds significant value when it features a specific error. Some quarters have been found with a doubled die error, making the details of the peach or the state name appear doubled. These rare coins have been known to sell for up to $500,000, depending on their condition and the visibility of the error.
Arizona State Quarter
The Arizona state quarter from 2008 is highly coveted because of a unique error in its design. The error involves an extra cactus leaf covering part of the date, making these quarters extremely rare. In top-grade condition, this coin can command a value exceeding $500,000.
Coin | Year of Issue | Error Type | Estimated Value (USD) |
---|---|---|---|
Delaware | 1999 | Spitting Horse | 500,000+ |
Minnesota | 2005 | Extra Tree | 500,000+ |
Kansas | 2005 | In God We Rust | 500,000+ |
Wisconsin | 2004 | Extra Leaf | 500,000+ |
Georgia | 1999 | Doubled Die | 500,000+ |
FAQs
What makes state quarters valuable?
State quarters can become valuable due to minting errors, rare conditions, or limited mintages. These factors make them sought after by collectors.
How can I identify an error on a state quarter?
Look closely for unusual details, such as extra markings, missing letters, or doubled images. You may need a magnifying glass to spot some errors.
Where can I sell a valuable state quarter?
You can sell valuable state quarters at coin auctions, through reputable coin dealers, or online marketplaces that specialize in rare coins.
Are all state quarters worth more than face value?
No, most state quarters are worth their face value of 25 cents. However, error coins or those in mint condition can be worth much more.
What should I do if I think I have a valuable state quarter?
If you believe you have a rare or valuable state quarter, have it appraised by a professional coin dealer or send it to a grading service for evaluation.