Do you ever wonder that some of the loose change that you have in your pocket may be priceless? Georgia State’s 1999 quarter has recently been estimated to go for as high as $10,000 having been minted with a main error. Here’s what you need to know about this rare and highly sought-after coin and how to determine if you own one of them.
The 1999 Georgia State Quarter: Why it can cost thousands
The 1999 Georgia state quarter is one of the series of fifty state quarters issued by the U.S. Mint to commemorate each state. On average most of these quarters have their face value however some of them because of a slight mishap in minting are very valuable.
The error consists of commemorative coins which have been minted using the wrong materials on planchets meant for the Sacagawea dollar. These planchets have a gold hue and were used to strike some Georgia quarters before the mistake was caught and stopped. Therefore, these error coins have become a rage with collectors.
How to spot the valuable 1999 Georgia quarter: Simple steps to check
To check whether you have a valuable 1999 Georgia quarter, it is necessary to take the coin into close
view. Any sort of lookout for the experimental planchet error is possible. Here are some key
characteristics to look for:
- Weight: This error coin weighs between 5.9 and 6.3 grams while the standard weight for a quarter is 5.67 grams.
- Colour: The coin may have a golden-greenish-looking front similar to the design of the Sacagawea dollar.
- Thickness: The error coin seems to have a raised edge giving it thickness more than that of a normal
quarter. - Edge: The genuine note may differ in the absence of the copper (orange-coloured) stripe on the edge and
the thickness of the outer rim.
The best advice to anyone who thinks they have any of these coins is not to spend it. However, instead
of having it graded, what the holder of the coin could do is have it graded by a reliable coin-grading
service.
For the 1999 Georgia quarter with an experimental planchet error, the value of the particular coin
depends on its quality and scarcity. These error coins have auctioned for a price rising to $10000 and
other at relative prices of $7200 to $4200.
What to do if in a one, two or five cents change, there is a specially designed 1999 Georgia quarter.
End-users are always ready to spend a fortune to acquire such coins thus making them a fortune for those who have them. First, these are valuable coins. They are rare and second because each of them differs from the standard quarters by one singular mistake. If you found out that the 1999 Georgia quarter that you have is rare then you can do any of the following.
If you want to hang on to it then this is an excellent coin for your collection and if not then you could always sell it to a collector or dealer. Here are some steps to take if you decide to sell the coin:
- Get It Graded: One should take the coin to a grading service of repute to grade it appropriately. It will
also help identify the value of the stock for this to happen you will have to ensure you get a fair price for
the stock. - Research: Learn more about the current value of the coin in circulation and get several quotations to
enable one to secure the highest amount. - Sell: You can try to sell the coin through auction sites such as eBay or you can approach any established
coins dealer. As such, make sure that you give all the necessary information and upload good photos to
entice the buyer.
You should go now and double-check your loose coins- you might shock yourself to look at it as a fun
productive pastime. You may be one lucky person to stumble upon that $1000 bill you’d never even
know existed. It is about time to examine your 1999 Georgia quarters more closely and check whether
you got one of the error coins in your collection.
Disclaimer: This content is informational and should not be considered financial advice. The Pulse is not responsible for any financial losses.