The 1999 Delaware State Quarter, part of the U.S. Mint’s 50 State Quarters Program, is among the most iconic and sought-after coins in numismatics. While millions of these coins were produced, specific errors and rare variations have elevated some examples to extraordinary values, with certain versions fetching nearly $1 million.
Could you unknowingly have this rare coin? Let’s look into its history, unique features, and the factors that make it a prized possession for collectors.
Delaware State Quarter
The Delaware State Quarter was the first coin released in the U.S. Mint’s State Quarters series, commemorating Delaware’s statehood. Its reverse design features Caesar Rodney, a revolutionary figure, riding a horse, symbolizing his historic 1776 ride to cast Delaware’s vote for independence.
Key Details:
- Release Year: 1999
- Design: Caesar Rodney on horseback with the inscription “The First State.”
- Historical Significance: Honors Delaware’s ratification of the U.S. Constitution in 1787.
- Mint Locations: Philadelphia (P), Denver (D), and San Francisco (S).
While most quarters from this program are common, rare errors and uncirculated specimens of the 1999 Delaware State Quarter can command exceptional value.
Minting Errors That Boost Value
The most significant driver of this coin’s value is the presence of rare minting errors. These errors make some examples incredibly desirable among collectors.
Common Errors:
- Spitting Horse Error
- A visible die crack extends from the horse’s mouth, resembling a “spit.” This minor flaw significantly raises the coin’s value.
- Doubled Die
- Misalignment during minting results in doubled design elements, creating unique visual features.
- Off-Center Strikes
- These coins show incomplete or misaligned designs, making them distinct from standard quarters.
Importance of Condition
The condition of a 1999 Delaware State Quarter is critical in determining its value. Quarters graded MS-65 or higher by professional services like PCGS or NGC attract premium prices.
Condition Categories:
Condition | Estimated Value |
---|---|
Circulated with Errors | $50 – $1,000 |
Uncirculated (MS-60) | $100 – $500 |
Mint State (MS-65+) | $5,000 – $1 Million |
Coins with mint luster, sharp strikes, and minimal wear are highly prized. Even circulated coins with notable errors can command impressive prices in the numismatic market.
Notable Features
Feature | Description | Value Range | Notable Errors |
---|---|---|---|
Year of Minting | 1999 | Up to $1 Million | Spitting Horse Error |
Mint Locations | Philadelphia, Denver, San Francisco | Varies | Doubled Die |
Key Design Feature | Caesar Rodney on horseback | Historical Value | Die Cracks |
Material | Copper-Nickel Clad | Base Metal | Minting Variations |
Grading Importance | MS-65 or Higher | Premium Price | Uncirculated Condition |
Circulated vs Uncirculated | Both Valuable with Errors | High Demand | Limited Circulation |
Worth Collecting
The 1999 Delaware State Quarter holds immense appeal for collectors for several reasons:
- Historical Significance: It commemorates Delaware’s foundational role in U.S. history.
- Rare Errors: Unique minting flaws like the “spitting horse” dramatically increase its desirability.
- Growing Demand: As more collectors enter the market, the competition for rare examples intensifies.
- Potential Financial Gain: A well-preserved or error-laden quarter could be worth a small fortune.
Tips for Collectors
If you think you might own a rare 1999 Delaware State Quarter, here are some tips:
- Check for Errors: Look for die cracks, doubled designs, or off-center strikes.
- Verify Authenticity: Use professional grading services like PCGS or NGC to confirm the coin’s authenticity and condition.
- Store Properly: Protect the coin in airtight holders to preserve its condition.
- Monitor the Market: Stay updated on coin auctions and trends to assess its current value.
- Consult Experts: Seek advice from numismatists to ensure accurate valuation.
The 1999 Delaware State Quarter is more than just pocket change—it’s a piece of history with the potential to transform your collection and finances. Whether you’re an experienced collector or a casual enthusiast, this coin is worth seeking out for its blend of rarity, historical significance, and market value.
FAQs
What is the spitting horse error?
A die crack extending from the horse’s mouth on the Delaware quarter.
How much is the 1999 Delaware quarter worth?
Values range from $50 to $1 million, depending on condition and errors.
Where was the Delaware quarter minted?
It was minted in Philadelphia, Denver, and San Francisco.
What increases the coin’s value?
Rare errors, high-grade condition, and mint marks boost its worth.
How can I protect my Delaware quarter?
Store it in an airtight holder and avoid handling it directly.