Is Your State Quarter Collection Worth Anything? – Buy & Sell Gold & Silver Wisely in Denver, CO | Rocky Mountain Coin

From 1999 to 2008, the US Mint created five special quarter designs every year to honor the 50 states. The state quarters were minted in order of when each state ratified the Constitution or was admitted to the Union. The US Mint besides authorized and minted six extra quarters to honor the District of Columbia and five US territories in 2009. The 50 State Quarters Program sparked huge pastime in mint collect across the state. But now that the state quarters have all been minted, you may wonder if the coins in your collection are worth more than 25 cents each. Read on to discover what you need to know to evaluate your state quarter collection .

1. The State Quarters Come in Four Formats

You can find or purchase different types of state quarters :

  • Coins in general circulation: These coins came out of the Philadelphia and Denver mints, so you’ll see a P or a D mark on the side with Washington’s profile. Coins of this type were sent into circulation among the public, so they’re generally only worth face value.
  • Satin finish coins: State quarters from 1999 to 2004 are regularly minted coins as they did not introduce “satin/burnished” finished coins until 2005.State quarters of this type from 2005 to 2009 are distinctive from regular coins because the finish is applied after the coins are struck. They appear matte, unlike their proof counterparts, which have reflective fields. These coins are often referred to as Burnished or also known as Specimen (SP) State.
  • Copper and nickel proofs: Proof coinage means special early samples of a coin issue, historically made for checking the dies and for archival purposes, but nowadays often struck in greater numbers specially for coin collectors (numismatists). Made solely for collectors since 1838, proof coins are coins that have been struck with a high-polished die to give it that mirrored finish. Nearly all countries have issued proof coinage. The US Mint produces and sells sets of state quarter proofs made from copper and nickel-clad copper, also known as clad proofs.
  • Silver proofs: Unlike the copper and nickel proofs, silver proof state quarters are 90% silver, and fewer silver proofs than clad proofs exists. That means some proof coinage could be among the most valuable state quarters, especially silver proofs from the early years of the state quarter program.

In general, the list above goes from the least valuable to the most valuable. individual coins may be worth more, but as a general principle, proof coins will be more collectible than general circulation coins .

2. The US Mint Didn’t Make the Same Number of Quarters for Every State

You may guess that the US Mint created a set count of state quarters for every state. That would mean that a specific sum of state quarter sets exist. however, a express ’ second sum number of quarters varies by state. To coin collectors, this matters because it makes some state quarters rarer than others. Despite this, you shouldn ’ t have besides much trouble oneself finding a set of 50 express quarters-the US Mint created at least 400 million state quarters for each submit, and some states have more than 1 billion quarters. You besides need to consider that some states have higher populations than others. This could mean that demand for some quarters is higher than others. For exercise, California quarters could have the highest demand because that state has a big population, and lone 520.4 million California quarters exist.

3. The Most Valuable State Quarters Are Those With Minting Errors

Under most circumstances, mistakes don ’ t make an detail more expensive. Imagine if you had to pay more for a cable car with a break locomotive or no brake lights. But in mint collections, coins with mint errors are the rare and therefore the most valuable to collectors. In a previous blog, we mentioned that one version of the Wisconsin department of state quarter has an estimated value of $ 250 to $ 300. This coin appears to have an supernumerary flick on the spinal column side, due to a mint erroneousness. other state quarters are known to have mint errors. As you evaluate your collection, keep your eyes open for the follow inconsistencies :

  • Larger-than-normal size
  • Off-centered designs
  • Blank sides
  • Copper-colored sides
  • Sides that lack a typical degree of detail
  • Signs of die cracks
  • Coin rotation, meaning the front and back sides do not align

Some of these errors are more park than others in the state of matter quarters. For exemplar, falsely sized coins rarely escape a US mint, but thousands of blank-sided express quarters likely found their way into circulation. Remember, the rare a coin, the higher its value to a coin collector. In close, let ’ s return to the original question posed by this web log : is a basic set of state draw coins worth anything ? unfortunately, if you created your collection from coins you found in your wallet and at your bank, your 50 quarters probably have no more value than 25 cents each. A complete collection is deserving $ 12.50, which isn ’ metric ton nothing, but besides international relations and security network ’ t a distribute. That said, you may have some valuable state quarters hiding in your collection-so go ahead and examine them ! even if you don ’ t discover a Wisconsin flick quarter, you ’ ll begin to appreciate the skill and art that went into creating these particular coins. If you are golden enough to find a rare submit quarter, bring it to a coin collector for an appraisal .

Share this:

reservoir :
Category : Coin collecting

Leave a Reply

Your email address will not be published.