The Delaware State Quarter, released in 1999, was the first coin in the widely popular 50 State Quarters program. Commemorating Delaware’s pivotal role as the first state to ratify the Constitution, the coin features a historical depiction of Caesar Rodney on horseback. While this quarter already holds historical significance, a unique minting flaw known as the “Spitting Horse” error has made certain specimens highly collectible and valuable.
Delaware State Quarter: A Historical Icon
The obverse of the Delaware State Quarter portrays Caesar Rodney’s famous midnight ride to Philadelphia during the Revolutionary War. Rodney’s vote for independence in 1776 played a crucial role in shaping American history, making the coin a tribute to courage and patriotism.
As the inaugural release in the 50 State Quarters series, the Delaware quarter is inherently popular among collectors. However, the “Spitting Horse” error makes some of these coins particularly rare and desirable.
The “Spitting Horse” Error: A Minting Flaw Worth Thousands
The “Spitting Horse” error is caused by a die crack, a flaw in the minting process that results in a raised line of metal on the coin. This crack runs from the horse’s mouth, giving the illusion that it is “spitting.”
This error is unique to the Delaware quarter and occurs on only a small number of coins. Its rarity, combined with its distinctive appearance, has made it a favorite among error coin enthusiasts.
Value of the Spitting Horse Quarter
- Coins with the “Spitting Horse” error can range in value from $500 to over $1,000, depending on condition.
- High-grade specimens graded by professional services like PCGS or NGC can fetch even higher premiums.
Factors That Influence Value
Several factors contribute to the value of the “Spitting Horse” error quarters:
| Factor | Impact on Value |
|---|---|
| Condition | Coins in uncirculated or near-mint condition are significantly more valuable. |
| Rarity of the Error | The scarcity of the “Spitting Horse” error on Delaware quarters increases demand. |
| Certification | Professionally graded and certified coins command higher prices at auction. |
| Collector Interest | Error coins are increasingly popular, boosting the value of unique specimens. |
Where to Find the “Spitting Horse” Delaware Quarter
Although the “Spitting Horse” quarter is rare, collectors have discovered these coins in circulation and unsearched coin rolls. However, due to its popularity, finding one this way is unlikely.
Here are some reliable sources for acquiring this coin:
- Coin Shops: Dealers specializing in error coins may carry the “Spitting Horse” quarter.
- Online Marketplaces: Platforms like eBay and Etsy often list these quarters, but caution is advised to ensure authenticity.
- Professional Coin Dealers: Reputable dealers with expertise in error coins can provide certified specimens.
Comparison of Popular Error Quarters
Error coins are a fascinating niche within numismatics, and the “Spitting Horse” quarter is one of many valuable examples. Here’s how it compares to other famous error coins:
| Coin Name | Year Issued | Error Type | Value Range ($) | Rarity Level |
|---|---|---|---|---|
| Delaware State Quarter | 1999 | Spitting Horse | Up to $1,000+ | High |
| Wisconsin State Quarter | 2004 | High/Low Leaf | Up to $1,500+ | High |
| Minnesota State Quarter | 2005 | Extra Tree | Up to $300 | Moderate |
| Kansas State Quarter | 2005 | In God We Rust | Up to $500 | Moderate |
Tips for Collecting Error Coins
If you’re interested in collecting coins like the Delaware “Spitting Horse” quarter, these tips can help you get started:
- Do Your Research: Familiarize yourself with known error coins and how to identify them.
- Use Magnification: A magnifying glass or coin microscope can help detect subtle errors that are invisible to the naked eye.
- Buy from Reputable Sellers: Purchase coins from trusted dealers or marketplaces with buyer protection to avoid counterfeits.
- Handle with Care: Protect your coins by storing them in holders or containers to maintain their condition.
- Get Certified: High-value coins should be graded and authenticated by professional services like PCGS or NGC.
Why the “Spitting Horse” Quarter Matters
The 1999 Delaware “Spitting Horse” quarter is more than a collector’s item; it’s a tangible piece of history. Its value lies not only in its unique minting flaw but also in its role as a representation of America’s journey to independence. For collectors, it’s a rare and fascinating treasure that combines artistry, historical significance, and the intrigue of minting errors.
FAQ:
Q1: What makes the “Spitting Horse” Delaware quarter so valuable?
Its rarity, combined with the distinct minting error and historical significance, makes it highly sought after by collectors.
Q2: How can I identify the “Spitting Horse” error?
Look for a die crack that appears as a raised line of metal running from the horse’s mouth. Using a magnifying glass or coin microscope can help.
Q3: Are “Spitting Horse” quarters still in circulation?
While it’s possible to find one in circulation, it’s unlikely due to their rarity and high demand among collectors.
Q4: How should I store my error coins?
Store error coins in protective holders or cases to prevent scratches, tarnish, or other damage.
Q5: Is it worth getting my error coin graded?
Yes, professional grading can authenticate your coin and significantly increase its market value, especially for rare errors like the “Spitting Horse.”