You might think that only old coins have significant value, but the 2005 Kansas quarter could change that perception. With a small error, this modern coin could be worth up to $100, making it a real treasure in your collection.
The Kansas quarter, launched on August 29, 2005, is the 34th coin in the ’50 State Quarters’ program. The reverse of the coin reads “Kansas 1861 – 2005 – E Pluribus Unum,” referencing the date the state joined the Union on January 29, 1861. The image shows an American bison and a sunflower, both representative symbols of the state.
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Valuable Errors in the 2005 Kansas Quarter
There are two common errors in the 2005 Kansas quarter that make it especially valuable to collectors. The first error is on the obverse side, where due to a damaged die, “In God We Rust” was minted instead of “In God We Trust.” This error is relatively common and can be found by searching through various rolls of 25-cent coins.
The second error, known as the “Humpback Bison,” is on the reverse side of the coin. This defect makes it appear as if a tuft of the bison’s hair is sticking out abnormally, rather than having the smooth, rounded hump it should have. These errors can significantly increase the coin’s value, reaching up to $100 in auction markets, according to CoinAppraiser.
How to Identify a Kansas Quarter with Errors
To identify a 2005 Kansas quarter with errors, it is essential to examine it carefully. Look at the text on the obverse to see if it reads “In God We Rust.” On the reverse, observe the bison’s hump for any irregularities indicating the “Humpback Bison” error. If you find any of these errors, you might have a very valuable coin in your hands.
Even if you do not find a coin with errors, the 2005 Kansas quarters can still hold value depending on their condition. According to the Professional Coin Grading Service (PCGS), the value of these coins can vary significantly:
- MS-65+: up to $10
- MS-66: up to $16
- MS-66+: up to $24
- MS-67: up to $80
- MS-67+: up to $375
- MS-68: up to $3,150
If you believe you have found a valuable coin, it is best to consult a dealer or professional collector before paying for a grading service. This way, you can ensure that what you have is genuinely valuable and receive a fair offer for it.
Tips for Finding Valuable Coins
To increase your chances of finding a valuable coin, follow these tips:
- Regularly check your coins: Often, valuable coins can go unnoticed in your daily change.
- Research errors and rarities: Knowing the most common errors will help you identify them more easily.
- Consult experts: If in doubt, seek the opinion of a numismatic expert.
Keep your coins in good condition: The condition of the coin significantly affects its value. Avoid unnecessary handling and store them safely. The 2005 Kansas quarter is a fascinating example of how a modern coin can have considerable value due to minting errors. Whether you find a coin with the “In God We Rust” error or the “Humpback Bison,” you might be looking at a small treasure worth much more than its face value.
Don’t underestimate the coins you have at home. Take the time to examine them, and you might be pleasantly surprised. Numismatics is not only an interesting hobby but can also be an unexpected source of income.
Remember, next time you receive change, pay attention to those 2005 Kansas quarters. They could be much more valuable than you think.