If you have a quarter that looks a little strange, it might be worth a fortune! There’s a special type of quarter called the “No Star” quarter that collectors are dying to get their hands on. This rare coin can sell for as much as $990,000! In this article, we will explain what makes this quarter so valuable and how you can identify one if you happen to have it.
What is the “No Star” Quarter?
The “No Star” quarter is a rare coin minted in 1796. This quarter is unique because it does not have any stars on the front. The front of the coin features Lady Liberty, and it usually has stars around her image. However, about 963 quarters were made without these stars. This mistake is what makes the coin so valuable today.
How Many No Star Quarters Are Left?
Experts are not exactly sure how many “No Star” quarters still exist today. The Professional Coin Grading Society believes there are only about 80 to 100 of them left. Finding one in perfect condition is even harder. Most of these coins have some kind of wear and tear, but even a damaged “No Star” quarter can sell for a lot of money. For example, one of these coins was sold for $990,000 at an auction in January.
Unique Features of the No Star Quarter
The value of the “No Star” quarter comes from three unique features:
- First Precious Metal Coin Without Stars: This coin was the first of its kind without stars to be used in circulation before 1836.
- First to Show the Heraldic Eagle: The quarter features a special eagle design that later appeared on all silver and gold coins from 1798 to 1807.
- 16 Stars: This coin was also the earliest one minted with 16 stars, which symbolized Tennessee’s admission to the United States.
Coins in better condition can sell for even more. For instance, one quarter from this era was sold for a whopping $2.16 million at a different auction in 2022!
Other Valuable Coins You Might Find
If you’re checking your pockets for coins, you might find other valuable pieces, too! Here are some examples:
| Coin Type | Estimated Value |
|---|---|
| Rare Lincoln penny | $201 |
| Buffalo nickel | $1,165 |
| 1971 Eisenhower silver coin | Up to $264,000 |
| Lincoln double die obverse penny | $2,000 |
Coins like these can also be worth a lot, depending on their condition and rarity.
Tips for Identifying Rare Coins
When looking for rare coins, it helps to know what to look for. Here are some tips:
- Check for Errors: Some coins have design errors that make them special. For example, on the 1916 Buffalo nickel, some have a double die error, meaning the design looks like it was stamped twice. This is something collectors love!
- Research Your Coins: If you find a coin that looks unusual, do some research. There are many online resources and communities of coin collectors who can help identify your coin’s value.
- Get Professional Help: If you think you have a rare coin, consider getting it graded by professionals. They can tell you its condition and value.
Conclusion
Finding a rare coin like the “No Star” quarter can be exciting and rewarding. With its unique features and limited number of remaining pieces, it holds a special place in the hearts of collectors. Even if you don’t find a “No Star” quarter, keep an eye out for other rare coins in your collection. You might be sitting on a hidden treasure worth hundreds or even thousands of dollars! Always remember to do your research and consult with experts if you think you’ve found something valuable. Happy hunting!
FAQ’s
What is the “No Star” quarter?
The “No Star” quarter is a rare coin minted in 1796 that features Lady Liberty without any stars around her image. Only about 963 of these quarters were made, making them highly sought after by collectors.
Why is the “No Star” quarter so valuable?
The “No Star” quarter can sell for up to $990,000 due to its unique features, including being the first precious metal coin without stars and the first to show the heraldic eagle. Its limited availability and collector demand contribute to its high value.
How can I tell if I have a valuable coin?
To identify a valuable coin, check for design errors, research its history, and look for unique features. If you think you have a rare coin, consider getting it graded by professionals to determine its value and condition.