The 1999 Delaware State Quarter, the inaugural coin of the U.S. Mint’s 50 State Quarters Program, has become a coveted item among collectors, especially those featuring the rare “Spitting Horse” error. This unique flaw has transformed an ordinary 25-cent piece into a numismatic treasure worth up to $1,000.
Contents
- 1 A Glimpse into the 50 State Quarters Program
- 2 Design and Symbolism of the Delaware Quarter
- 3 The “Spitting Horse” Error: A Minting Anomaly
- 4 Factors Elevating the Value of the “Spitting Horse” Quarter
- 5 Identifying the “Spitting Horse” Error
- 6 Comparisons with Other Notable State Quarter Errors
- 7 Tips for Aspiring Collectors
- 8 FAQs
A Glimpse into the 50 State Quarters Program
Launched in 1999, the 50 State Quarters Program was a decade-long initiative by the U.S. Mint to honor each state with a unique quarter design. The program aimed to educate the public about the rich history and heritage of the United States, while also encouraging coin collecting among Americans.
Each state’s quarter was released in the order of its ratification of the Constitution or admission to the Union, with Delaware being the first.
Design and Symbolism of the Delaware Quarter
The Delaware quarter pays tribute to Caesar Rodney, a Revolutionary War hero renowned for his 80-mile midnight ride in 1776 to cast a pivotal vote for American independence.
The coin’s reverse depicts Rodney on horseback, capturing the urgency and determination of his journey. This design not only honors Rodney’s legacy but also symbolizes Delaware’s status as “The First State” to ratify the U.S. Constitution on December 7, 1787.
The “Spitting Horse” Error: A Minting Anomaly
Among the millions of Delaware quarters minted, a select few exhibit a distinctive flaw known as the “Spitting Horse” error.
This error manifests as a die crack extending from the horse’s mouth, creating the illusion that the horse is spitting. Such die cracks occur when a coin die becomes fatigued or damaged during the minting process, leading to unintended raised lines on the coin’s surface.
Factors Elevating the Value of the “Spitting Horse” Quarter
Several factors contribute to the substantial value of the “Spitting Horse” Delaware quarter:
- Rarity: Only a limited number of these error coins exist, making them highly sought after by collectors.
- Condition: Coins in uncirculated or mint condition command higher prices.
- Collector Demand: The intrigue surrounding mint errors amplifies interest and value.
- Professional Grading: Coins authenticated and graded by services like PCGS or NGC often fetch premium prices.
Condition | Estimated Value ($) |
---|---|
Circulated | 100 – 300 |
Uncirculated | 500 – 700 |
Professionally Graded | 800 – 1,000+ |
Identifying the “Spitting Horse” Error
To determine if a Delaware quarter possesses the “Spitting Horse” error:
- Examine the Horse’s Mouth: Look for a raised line extending from the mouth area.
- Use Magnification: A magnifying glass can aid in detecting subtle die cracks.
- Consult Experts: Seek opinions from numismatic professionals or reference reputable coin guides for confirmation.
Comparisons with Other Notable State Quarter Errors
The 50 State Quarters Program has yielded several notable error coins, each with unique characteristics and values:
State Quarter | Year | Error Description | Value Range ($) |
---|---|---|---|
Delaware | 1999 | Spitting Horse die crack | Up to 1,000+ |
Wisconsin | 2004 | Extra Leaf (High/Low) | Up to 1,500+ |
Minnesota | 2005 | Extra Tree | Up to 300 |
Kansas | 2005 | “In God We Rust” inscription | Up to 500 |
Tips for Aspiring Collectors
For those interested in collecting error coins like the “Spitting Horse” quarter:
- Research Extensively: Familiarize yourself with various coin errors and their market values.
- Inspect Change Regularly: Always check your pocket change; rare finds can appear unexpectedly.
- Purchase from Reputable Sources: Ensure authenticity by buying from established dealers or auction houses.
- Consider Professional Grading: Graded coins often have higher resale values and buyer trust.
The 1999 Delaware “Spitting Horse” quarter exemplifies how a minting anomaly can elevate a common coin to a prized collectible. Its combination of historical significance, rarity, and unique error makes it a standout piece in numismatic circles. Whether you’re a seasoned collector or a curious novice, this coin serves as a testament to the fascinating world of coin collecting, where even small imperfections can lead to substantial value.
FAQs
What is the “Spitting Horse” error on the Delaware quarter?
It’s a die crack extending from the horse’s mouth on the 1999 Delaware quarter, giving the appearance that the horse is spitting.
How much is a “Spitting Horse” Delaware quarter worth?
Depending on condition and grading, it can range from $100 to over $1,000.
How can I identify the “Spitting Horse” error on my quarter?
Examine the area around the horse’s mouth for a raised line; using a magnifying tool can assist in detection.
Are all 1999 Delaware quarters valuable?
No, only those with the “Spitting Horse” error or in exceptional condition hold significant value.
Where can I sell a “Spitting Horse” Delaware quarter?
Consider selling through reputable coin dealers, auction houses, or online numismatic platforms.