#Statehood #Quarters #Program #WorthPoint
From 1999 through 2008, this ten-year U.S. Mint program released five new state quarters yearly. The quarters were an instant hit with collectors. Most coin collections feature complete sets, and these quarters readily appear in everyday pocket change today.
Total monthly sales of statehood quarters remained steady from January 2020 until a marked decrease in volume and values lasting through the third quarter of 2022. A steady increase in sales took hold in the second quarter of 2023, and although the average number of sales is similar to those recorded in 2020, statehood quarters are now selling for much stronger prices during the first quarter of this year. One possible explanation for the increase in values is the explosion of media coverage beginning early this year, celebrating the 25th anniversary of the program.
With more than 37.7 billion state quarters minted, collectors desire pristine coins in this series for their collections. Lessor quality coins may have virtually no premium over face value, but mint condition examples can be worth between $1 and $15. Additional sought-after examples include special-proof coin sets and sets minted in silver, produced in San Francisco.
However, the most valuable state quarters are those featuring some type of error introduced during the minting process. Those missing outer nickel layers from the copper core are especially sought after. These are called “missing-clad” coins, and a graded 1999 Georgia Statehood coin, minted in Denver and missing its nickel layer sold for $10,000 among the more than 1,700 entries on WorthPoint. Here is a list of important statehood quarters with strong track records of high prices:
2004-D Wisconsin Extra Leaf Low and High Varieties: Some 2004 Wisconsin quarters have extra leaves on the ear of corn on the reverse side. Collectors highly seek the “Extra Leaf Low” variety; however, the “Extra Leaf High” variety is the scarcer of the two.
- “Extra Leaf Low” Variety: This state quarter’s value comes from its minting error that resulted in an extra leaf on the ear of corn on the coin’s reverse side. The extra leaf is on the left side of the corn stalk and is lower than the leaf’s normal position. A graded example was sold for $2,900; according to WorthPoint’s Price Guide, 3,164 examples have been sold since 2008.
- “Extra Leaf High” Variety: This particular error coin features a rare “dent” in the design. When looking at the corn, check directly under the far left, partially shucked leaf to find a thin indent connecting the tip of the leaf of corn to the wheel of cheese below it. An example of this coin was sold for $5,107.42; according to WorthPoint’s Price Guide, 2,342 examples have been sold since 2008.
1999-P Connecticut Broadstruck Quarter: Coins struck outside their usual designs lack their “collars” and are known as broadstruck coins because of their wider-than-intended diameters. The highest price paid at auction for a 1999-P Connecticut quarter with a broadstruck minting error was $2,500 for an ungraded example, according to WorthPoint’s Price Guide.
2005-P Kansas “In God We Rust” Quarter: Some 2005 Kansas quarters have a die error that omits the first “T” in the motto “IN GOD WE TRUST” on the obverse side. These error coins have been sold for as much as $200, according to WorthPoint’s Price Guide.
2007-P Wyoming Doubled Die Reverse Quarter: Some 2007 Wyoming quarters have a doubled die reverse, where the design appears duplicated. This type of error pushes the coin’s value to as much as $500, depending on the condition, based on examples recorded in WorthPoint’s Price Guide.
WorthPoint—Discover. Value. Preserve.
