The State Quarter Program
The Arizona quarter is one of the concluding to be released in the 50 State Quarters Program, along with Oklahoma, New Mexico, Alaska, and Hawaii. The program was created by the United States Mint to honor each state of the union and generate countrywide interest in coin collect. This was an exciting period for numismatists. A newfangled submit coin revealed every ten weeks or so, and the Mint didn ’ thymine hold back in production. Over the naturally of ten years, over 34 billion of these coins made their way into circulation. It ’ south no wonder the average state quarter has stayed at confront prize. There are other long-familiar state quarter errors, most notably the 2004 Wisconsin. This quarter caused a piece of drama at the time of production when it initially sold to collectors for a sock $ 1,500. There are three variations of errors in this piece, and selling prices presently range from $ 50- $ 100, depending on which type of error is found.
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How Common is the Arizona Quarter Error?
While there is no exact number of how many Arizona quarters made their way into circulation, it is thought that 509,600,000 of them were minted. Some numismatists have spotted collectors at trade shows selling hundreds at a meter, normally going for $ 20 a piece in mint condition. At the stature of its popularity several years ago, folks were paying upwards of $ 150 for one Arizona one-fourth. These days, it ’ mho more coarse to see the standard 2008 Arizona quarter error go for $ 3 – $ 5 on-line. however, higher choice quarters with more chew faults can sell for up to $ 30, depending on the seller . Another criterion in determining prize is the coin material. Like the early state of matter quarters, a majority of the collection were clad from by and large copper with a small come of nickel. A belittled divide, 1,192,908 2008 Arizona quarters, were created for the silver adjust, which was worth much more due to substantial and scarcity. similar to the 2004 Wisconsin quarter, the rate of Arizona coin reached its acme when the buzz was high in the collect community. This was besides the last country quarter in the series to garner high prices from errors, so the attract had already been waning towards the end of the ten-year special.
Safe Bet for a Beginner Collector
As we ’ ve learned, the 2008 Arizona quarter error doesn ’ t move over a bounty price ascribable to its relatively high abundance in circulation. however, that doesn ’ thymine beggarly they should be discounted completely. This Arizona quarter would be a bang-up addition to any novice ’ mho collection. It ’ s relatively first gear in monetary value, and it is recognized as a noteworthy error in a great, modern collection. If you are golden adequate to locate all the 2004 Wisconsin error variations or the Minnesota, Kansas, and West Virginia errors, it would be a substantial addition to your Arizona country quarter. You would then have a all-around variety in your collection. Those are the quarters to look for if you enjoy collecting quarters from the 50 State Quarters Program .