Why this 1999 Delaware State Quarter Error Coin is Worth a Fortune!

Why this 1999 Delaware State Quarter Error Coin is Worth a Fortune!

The 1999 Delaware State Quarter, a highlight of the popular 50 State Quarters series, is more than just a piece of change—it’s a collector’s treasure.

This quarter commemorates Delaware’s historical significance as the first state to ratify the U.S. Constitution. However, what really elevates its value for collectors is the famous “Spitting Horse” error. This rare minting flaw has turned ordinary quarters into highly sought-after gems.

In this article, we’ll explore what makes the Delaware State Quarter special, dive into the details of the “Spitting Horse” error, and provide tips for coin collectors seeking these rare finds.

The Delaware State Quarter: A Tribute to History

Released in 1999, the Delaware State Quarter was the first in the 50 State Quarters series, celebrating Caesar Rodney, a Revolutionary War hero. The coin’s design features Rodney on horseback, representing his legendary midnight ride to Philadelphia to cast a decisive vote for American independence.

This quarter became an instant favorite among collectors, not just for its historical representation but also for being the inaugural release in a celebrated series that spanned a decade.

What Is the “Spitting Horse” Error?

The “Spitting Horse” error is a unique flaw found on a limited number of Delaware quarters. This error is caused by a small die crack that extends from the horse’s mouth, creating the appearance of the horse “spitting.”

This unintentional minting error is rare, which adds to its value. Collectors are particularly drawn to its distinctive and humorous visual appeal. Depending on its condition, a “Spitting Horse” quarter can fetch prices ranging from a few hundred dollars to over a thousand dollars.

Why Is the “Spitting Horse” Error Valuable?

Several factors contribute to the value of these error coins:

FactorExplanation
RarityOnly a small number of Delaware quarters have the “Spitting Horse” error.
ConditionCoins in mint or near-mint condition are far more valuable.
Collector DemandGrowing interest in error coins increases their worth.
Professional GradingGraded coins by services like PCGS or NGC command higher premiums.

How to Identify a “Spitting Horse” Error

To spot a “Spitting Horse” quarter, you’ll need to carefully inspect the area around the horse’s mouth. Using a magnifying glass or coin microscope can help you detect the fine die crack that gives this coin its name.

How Much Is a “Spitting Horse” Quarter Worth?

The value of a “Spitting Horse” Delaware quarter depends on its condition and rarity. Here’s a breakdown:

  • Circulated Condition: $100–$300
  • Uncirculated or Near-Mint Condition: $500–$1,000+
  • Professionally Graded Coins: Values can soar well above $1,000, depending on the grade.

Where to Find the 1999 Delaware Error Quarters

Finding a “Spitting Horse” error quarter in circulation today is rare, but not impossible. Here’s how you can try your luck:

  • Pocket Change: Occasionally, rare coins turn up in everyday transactions.
  • Unsearched Coin Rolls: Buying rolls of quarters from banks might yield a lucky find.
  • Coin Shops: Many dealers stock error coins like the “Spitting Horse” quarter.
  • Online Marketplaces: Platforms like eBay often have these coins for sale, but verify authenticity before buying.
  • Coin Shows: These events attract collectors and dealers specializing in rare finds.

Comparing the “Spitting Horse” to Other Error Coins

The Delaware “Spitting Horse” quarter is one of many fascinating error coins. Some others include:

  • 1955 Doubled Die Penny: Famous for its doubled inscriptions.
  • 2004 Wisconsin Quarter Error: Features an extra leaf on the corn stalk.
  • 1972 Eisenhower Dollar Error: Known for its double die reverse.

The “Spitting Horse” stands out for its visual quirk and its place in the historical 50 State Quarters series.

Tips for Collecting Error Coins

If you’re interested in building a collection of error coins, follow these tips:

  1. Learn About Known Errors: Research popular error coins and their characteristics.
  2. Examine Coins Closely: Use tools like a magnifying glass or microscope to spot flaws.
  3. Buy from Trusted Sellers: Purchase from reputable dealers or marketplaces that guarantee authenticity.
  4. Preserve Your Coins: Store them in protective holders to maintain their condition.
  5. Get Professional Grading: Having your coins graded can increase their value significantly.

Conclusion

The 1999 Delaware State Quarter, especially with the “Spitting Horse” error, is a fascinating piece of American history and a treasure for collectors. Its unique combination of historical significance and minting flaw makes it a prized item.

Whether you’re a seasoned collector or a newcomer, adding this coin to your collection is both a rewarding and potentially lucrative pursuit.

FAQs

What makes the Delaware State Quarter special?

It’s the first coin in the 50 State Quarters series and celebrates Delaware’s role as the first state to ratify the Constitution.

What is the “Spitting Horse” error?

This error features a die crack extending from the horse’s mouth, making it appear as though the horse is spitting.

How much is a “Spitting Horse” quarter worth?

Values range from $100 for circulated coins to over $1,000 for uncirculated or professionally graded examples.

Where can I find the “Spitting Horse” quarter?

Check pocket change, unsearched rolls of quarters, or online marketplaces like eBay.

How can I protect my error coins?

Store them in protective cases or holders and avoid handling them with bare hands.

READ MORE: Top 6 Most Valuable World War Coins Found!

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