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New Arizona Quarter Error

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CoinsAreFun's Avatar
United States
17 Posts
 Posted 06/30/2008  3:40 pm Show Profile   Bookmark this topic Add CoinsAreFun to your friends list Get a Link to this Message Number of Subscribers
I have 355 of the new Arizona Quarters with the minor error of the cactus leaf covering the designer's initials. Where do you suggest I try to sell these? What would you pay for them personally? What do you think they will be worth in the future? Thanks for your input in advance.
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livingdinasaur's Avatar
United States
1571 Posts
 Posted 06/30/2008  4:08 pm  Show Profile   Bookmark this reply Add livingdinasaur to your friends list Get a Link to this Reply

Dick
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eaglefoot's Avatar
United States
6326 Posts
 Posted 06/30/2008  4:54 pm  Show Profile   Bookmark this reply Add eaglefoot to your friends list Get a Link to this Reply



Let's see em' !
Valued Member
United States
372 Posts
 Posted 06/30/2008  4:54 pm  Show Profile   Bookmark this reply Add mmerc20 to your friends list Get a Link to this Reply
I saw some guy at a collectibles show this past weekend trying to sell the errors with both the cactus cover-up and the 2nd "0" in 2008 covered up for $20 a piece. I don't know how many he sold, but he had a fair amount of them.

Mike
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mfhorn's Avatar
United States
959 Posts
 Posted 06/30/2008  5:18 pm  Show Profile   Bookmark this reply Add mfhorn to your friends list Get a Link to this Reply
It sounds like a common error. I've got 160 PLUS, out of 15 rolls, with 18 rolls to go. All so far are the designer's initials. I think we'll have to wait and see how many surface, but now I don't think they will be worth much. But anything over a few cents is a gain!
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noah123's Avatar
United States
24 Posts
 Posted 06/30/2008  7:27 pm  Show Profile   Bookmark this reply Add noah123 to your friends list Get a Link to this Reply
I would buy them for 25 cents each.
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BRUCE 1947's Avatar
United States
834 Posts
 Posted 06/30/2008  10:38 pm  Show Profile   Bookmark this reply Add BRUCE 1947 to your friends list Get a Link to this Reply
With that many found maybe we should say it will be worth more if there is no error.

Bruce.
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vermontensium's Avatar
United States
16677 Posts
 Posted 06/30/2008  10:51 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
Don't know what you got till we se um, therefore,
swcoin.ecrater.com
Valued Member
United States
201 Posts
 Posted 07/01/2008  4:09 pm  Show Profile   Bookmark this reply Add Steamwalker to your friends list Get a Link to this Reply
Just stopped by the coin shop and picked up an Arizona D and P. The P shows a piece of cactus blocking part of the designer's initials whereas the D does not.
Valued Member
United States
201 Posts
 Posted 07/01/2008  11:31 pm  Show Profile   Bookmark this reply Add Steamwalker to your friends list Get a Link to this Reply
I never tried to take coin pictures before so the images are pretty crappy but you can see for yourself:

Normal:
New-Arizona-Quarter-Error

Error:
New-Arizona-Quarter-Error

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cheungsta's Avatar
United States
271 Posts
 Posted 07/02/2008  01:33 am  Show Profile   Bookmark this reply Add cheungsta to your friends list Get a Link to this Reply
wow, those pics actually turned out pretty nice =)

perhaps the 'error' is only on those quarters from the Philly mint and not the Denver?
Valued Member
United States
201 Posts
 Posted 07/02/2008  02:18 am  Show Profile   Bookmark this reply Add Steamwalker to your friends list Get a Link to this Reply
It's possibly a die defect as the piece that obstructs the initials is slightly offset from actual image (almost looks like a small lip as seen in the bottom picture in the shape of the "cutaway" for the initials). It was hard to get a good picture as I had to shift the coin in the light so that the contrast would show off the initials so as to be decently visible. I probably had to take 30 pictures to get 2 really decent ones. :)
Valued Member
United States
372 Posts
 Posted 07/02/2008  4:06 pm  Show Profile   Bookmark this reply Add mmerc20 to your friends list Get a Link to this Reply
Hey, I found a pic of one on ebay like I was talking about. You can see the zero obscured in the date.

New-Arizona-Quarter-Error

Mike
Valued Member
United States
201 Posts
 Posted 07/02/2008  6:56 pm  Show Profile   Bookmark this reply Add Steamwalker to your friends list Get a Link to this Reply
There's certainly a large number of auctions on ebay right now for these "error" coins.

http://coins.shop.ebay.com/?_from=R..._sacat=11116
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GO's Avatar
United States
6563 Posts
 Posted 07/08/2008  01:09 am  Show Profile   Check GO's eBay Listings Bookmark this reply Add GO to your friends list Get a Link to this Reply
Geez they are going from $3.00 - $30.00

Wake up people! It ain't an error if you have to draw arrows to it!
Valued Member
United States
201 Posts
 Posted 07/08/2008  01:13 am  Show Profile   Bookmark this reply Add Steamwalker to your friends list Get a Link to this Reply
There was an article about it in the June 30th issue of Coin World. Fairly common and caused by die chips. Found only on the Philly mint coins.

A short excerpt from the above mentioned issue:


Quote:
U.S. Mint Director Edmund C. Moy estimates approximately 500 million Arizona quarter dollars will be struck for circulation at the Denver and Philadelphia Mint facilities. Striking that many coins will require thousands of dies."


Time will only tell after the complete Arizona run how many coins were truly affected. It's possible that we are seeing quite a few of them now because we are seeing the first runs on the first flawed die(s).
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