Coin collecting can often seem like a pursuit of the past, but the truth is that some of the most valuable coins have been created by sheer accident. A simple minting mistake can sometimes turn a seemingly ordinary coin into a rare and highly coveted collector’s item. Two such quarters—created by a minting error—have become worth a fortune due to an unexpected mistake. Here’s how a small error led to these two quarters becoming some of the most valuable coins in history.
1. The 1937 Doubled Die Obverse Quarter
The 1937 Doubled Die Obverse Quarter is one of the most famous examples of a minting error. During the production of these quarters, the dies used to strike the coins were improperly aligned, leading to a “doubled” image on the obverse side of the coin (the front). This resulted in two distinct sets of details on the date and other areas of the coin. The error was rare but not immediately noticed, and the coins were released into circulation. Today, a 1937 Doubled Die Obverse Quarter in good condition can fetch up to $200,000 at auction. Because of its rarity and historical significance, collectors are eager to get their hands on this valuable mistake.
2. The 1970-S “Filled S” Quarter
Another valuable quarter created due to a minting mistake is the 1970-S “Filled S” Quarter. This error occurred because the mintmark on the coin, which indicated it was struck at the San Francisco mint, was filled with metal, giving it a blurred, “filled” appearance. This slight defect made the coin stand out from regular 1970 quarters, and while many were initially overlooked, they later became highly sought after by collectors. A 1970-S “Filled S” Quarter in mint condition can be worth up to $100,000 today. Finding one of these quarters in circulation is an incredibly rare event, but it’s worth checking your coins just in case.
Both the 1937 Doubled Die Obverse Quarter and the 1970-S “Filled S” Quarter are examples of how a simple minting error can lead to a coin becoming incredibly valuable. These two quarters went from being ordinary coins in circulation to becoming some of the most sought-after collector’s items in the numismatic world. If you happen to come across a quarter from these years, make sure to carefully inspect it for any signs of a minting error—it could be worth more than you think!
FAQ’s:
1. What is a minting error?
A minting error occurs when something goes wrong during the production of a coin. This can result in misprints, double images, incorrect mintmarks, or even the wrong metal being used. These mistakes often make the coin much more valuable.
2. How do I know if a quarter is worth something?
Look for unusual features, such as doubled images, blurry mintmarks, or misalignments in the design. If you find a quarter with a noticeable error, it could be worth significantly more than face value.
3. How can I check the value of a rare coin?
To check the value of a coin, you can consult a reputable coin dealer or use online numismatic guides and databases. Professional grading can also help you determine a coin’s worth.
4. Are minting errors common?
No, minting errors are relatively rare, and the fewer the errors, the higher the value of the coin. The rarity of a particular error increases its desirability among collectors.
5. Should I keep or sell a rare coin?
If you find a rare minting error coin, it’s recommended to have it professionally graded first. Afterward, you can decide whether to keep it in your collection or sell it, depending on its condition and market value.
