Before you head to the laundromat, you will want to examine thoroughly the quarters you will be spending. You could have a rare coin better auctioned or mounted in the form of art than to wash your clothes. An extra second could make you rich.
50 State Quarters
Between 1999 and 2008 every ten weeks there was an issuance of a state quarter. The quarters of every state bore an image of every state, and there was also the year of entry into the United States Union or the ratification of the federal constitution. In 2000, designs of Massachusetts, Maryland, South Carolina, New Hampshire, and Virginia were minted.
Pro Tip: Did you know your pennies, two-dollar bills or other rare coins and currency could command high prices at auction, too?
High-Value Quarters When it comes to value, coin condition is critical. Collectors love to see coins in mint or uncirculated state designated by the abbreviation, MS. Mint state coins can be graded from 60 to 70, with 70 being perfect.
According to the Professional Coin Grading Service, five of the high-end quarters from the year 2000 brought the following auction prices:
Massachusetts 2000-P (Philadelphia mint) MS69: $3,760
Maryland 2000-P MS65: $1,495
South Carolina 2000-P MS69: $3,525
New Hampshire 2000-D (Denver mint) MS68: $633
Virginia 2000-P MS68: $400
Additional Factors
The quarters that you own may not enable you to retire early, but they still could potentially be more valuable than their face value. Factors that determine the value.
While perfect quarters can fetch a clean sum at auction, coins with errors in them can be valuable as well, because typically there are only a few that exist. So, for example, if you have a coin with an image that has been double-struck because the die slipped when striking the second or third strike, then you should get it appraised.
FAQs
1. What are the five rare quarters from 20 years ago that are worth a lot now?
The five rare quarters often cited for their increased value include:
- 2004 Wisconsin State Quarter (Extra Leaf Varieties): This quarter has two versions with an extra leaf on the corn stalk, known as the “High Leaf” and “Low Leaf” varieties.
- 2005 Minnesota State Quarter (Extra Tree Varieties): Some quarters from this year feature an extra tree in the design due to a die clash error.
2. Why are these quarters valuable?
These quarters are valuable primarily due to minting errors, which are rare and highly sought after by collectors. The rarity and condition of the coin can significantly increase its value. Coins with these errors were produced in limited quantities, making them more desirable.
3. How much are these rare quarters worth today?
The value of these rare quarters can vary depending on their condition and the specific error. On average:
- 2004 Wisconsin Extra Leaf Quarters can be worth between $100 to $300, with high-grade versions fetching more.
- 2005 Minnesota Extra Tree Quarters can be valued at $50 to $200.
4. How can I tell if I have one of these rare quarters?
To identify these rare quarters, look for the specific errors:
- For the Wisconsin quarter, examine the corn stalk for an additional leaf.
- For the Minnesota quarter, look for an extra tree in the background.