Collecting error quarters is a fascinating hobby that can be surprisingly profitable! These quarters, which display unique mistakes made during the minting process, are highly valued by collectors.
Some can even sell for thousands of dollars at auction! If you’ve ever wondered about rare quarters that might show up in your pocket change, this guide will walk you through some of the most valuable ones to look out for.
Whether you’re an experienced coin collector or just curious, here are five of the most valuable error quarters, plus tips for building a collection, a quick reference table, and answers to frequently asked questions.
Top 5 Error Quarters That Could Be Worth Thousands
- 1999-P Delaware “Spitting Horse” Quarter
- Error Type: Die Break
- What to Look For: This quarter, released in the 50 State Quarters program, shows a small raised line coming from the horse’s mouth, which resembles “spitting.” This error happened due to a small break in the die during production. Because it was one of the first coins in the state series, it’s especially appealing to collectors.
- Estimated Value: Worn quarters with this error often sell for $5 to $15, while those in near-mint condition can go for up to $30.
- 2004-D Wisconsin Quarter (Extra Leaf)
- Error Type: Additional Leaf
- What to Look For: The 2004-D Wisconsin quarter has a unique mistake where an extra leaf appears on the corn ear. This error comes in two varieties: the “Extra High Leaf” and the “Extra Low Leaf.” Both versions are highly collectible.
- Estimated Value: Circulated coins with this error generally sell between $50 and $100, but uncirculated ones have sold for up to $6,000!
- 2005 Kansas Quarter (“In God We Rust”)
- Error Type: Grease Buildup
- What to Look For: Due to grease buildup on the die, some of these Kansas quarters were minted with the phrase “IN GOD WE RUST” instead of “IN GOD WE TRUST.” The missing “T” is subtle, but once you spot it, it’s unmistakable!
- Estimated Value: Circulated coins may fetch $15 to $30, while uncirculated versions can sell for $50 or more.
- 2005 Minnesota Quarter (Doubled Die Error)
- Error Type: Doubled Die
- What to Look For: This quarter features extra trees next to the spruce tree on the back. It was caused by a doubled die error, which means parts of the image were accidentally stamped twice. The more noticeable the doubling, the higher the coin’s value.
- Estimated Value: Depending on the visibility of the doubling and the coin’s condition, values can range from $50 to $100.
- 2000-P South Carolina Quarter on an Experimental Planchet
- Error Type: Wrong Planchet
- What to Look For: In rare cases, the 2000-P South Carolina quarter was struck on an experimental planchet (a blank coin prepared for striking). This planchet was not meant for quarter production, giving the coin a unique weight, texture, and color.
- Estimated Value: Extremely rare, with one example selling for $9,600 at auction.
Error Quarter | Error Type | Notable Feature | Estimated Value |
---|---|---|---|
1999-P Delaware “Spitting Horse” | Die Break | Raised line from horse’s mouth | $5 to $30 |
2004-D Wisconsin (Extra Leaf) | Additional Leaf | Extra leaf on corn ear | $50 to $6,000 |
2005 Kansas (“In God We Rust”) | Grease Buildup | “T” missing in “IN GOD WE TRUST” | $15 to $50 |
2005 Minnesota (Doubled Die) | Doubled Die | Extra trees on reverse | $50 to $100 |
2000-P South Carolina (Experimental Planchet) | Wrong Planchet | Different weight, color, texture | Up to $9,600 |
Why Are These Error Quarters So Valuable?
Error quarters have a high value for a few key reasons:
- Rarity: Errors are generally produced in small numbers, making these coins rare compared to regular quarters.
- Condition: Like all collectibles, well-preserved coins hold a higher value. Error quarters in mint condition often sell for much more than worn ones.
- Historical Significance: Some error quarters, especially those from the 50 State Quarters program, hold extra value due to their commemorative nature.
- Collector Demand: Collectors love unique imperfections. Coins with distinct and recognizable errors tend to fetch higher prices because they stand out.
Tips for Collecting Error Quarters
If you’re interested in starting a collection, here are some essential tips:
- Inspect Closely: Keep an eye out for unusual details in your change, such as missing letters, extra elements, or odd colors. Many errors can be very subtle, so it helps to examine coins carefully.
- Use a Magnifying Glass: Some errors are tiny and hard to see with the naked eye. A magnifying glass can reveal small but valuable details.
- Store in Protective Holders: To preserve the value of your error quarters, place them in coin holders to protect them from damage.
- Stay Updated on Market Values: Coin values can vary based on market demand. Regularly checking auction results and coin pricing guides can help you understand what your coins might be worth.
- Network with Other Collectors: Joining online forums or local coin clubs can help you learn more about error coins, meet other collectors, and stay informed about market trends.
FAQs
Look for distinct errors, like doubled images, missing letters, or unusual markings. A magnifying glass can help with spotting subtle errors, and coin value guides can give you a rough estimate of value.
You can sell error quarters through online marketplaces like eBay, at coin shows, or through a reputable coin dealer. If you have a high-value quarter, consider selling it at a coin auction for better returns.
Not every error is valuable. The rarity, condition, and type of error affect a coin’s value. Common errors, like minor die cracks, are usually less valuable than unique errors like a doubled die or an incorrect planchet.
Yes! Many collectors find valuable error quarters in regular circulation, so it’s worth checking your pocket change and bank rolls for errors.
Basic tools for collecting error quarters include a magnifying glass for inspecting details, coin holders for protection, and a guide to coin errors and values.
READ ALSO: Two Rare Bicentennial Quarters Could Win You $85 Million!