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Why Your Wisconsin Quarter Could Be Worth a Lot More Than You Think

��Why Your Wisconsin Quarter Could Be Worth a Lot Far more Than You Think

The United States Mint started generating the 50 State Quarters� in 1999. Each year, five special designs had been utilised to honor each state in the order that they joined the Union. The obverse shares a widespread design depicting President George Washington and is very comparable to the portrait utilised on the Washington quarters minted from 1932 until 1998. Mint sculptor-engraver William Cousins executed the style primarily based on the original by John Flanagan.

All of these coins are legal tender and of normal weight and composition. They are circulating commemorative coins with the intention to be utilised in day-to-day commerce. Each state was accountable for creating a design and style for their own quarter and approved by the governor of that state. The Secretary of the Treasury approved the final designs. The United States Mint facility in Denver and Philadelphia developed coins for circulation, although the facility in San Francisco produces Proof coins made for collectors.

The United States Mint estimates that more than 140 million people collected the 50 State Quarters�. In total, the mint manufactured over 35 billion state quarters. With that massive of a mintage, the odds of error coins escaping the mint is rather typical. There are examples of die-filled strikes such as the  In God We Rust error and numerous off-center strikes that can be bought for a couple of dollars from your favorite coin dealer.

However, the mint made only 1 die variety out of the fifty different kind of coins that have been made. Intermediate and sophisticated coin collectors who are looking to assemble a complete set of State Quarters actively seek these die varieties.


The Wisconsin State Quarter
In 2004, Wisconsin was honored as the twenty-ninth state to join the union of the United States in 1848. The reverse of the coin attributes a cow on the left side and an ear of corn partially hidden behind the wheel of cheese on the right side. A banner with the motto FORWARD flanks the bottom of the coin.

This style was adapted from a drawing by Wisconsin resident Rose Marty who lived on a farm in Monticello, Wisconsin. Mint sculptor-engraver Alfred F. Maletsky adopted the drawing for coinage. This artwork was his final project ahead of he retired on December 31, 2003. The mint officially released the coin to the basic public on October 25, 2004.

2004-D Wisconsin State quarter Further Leaf Low die variety.�James Bucki
2004-D Wisconsin State Quarter�Die Assortment
According to Q. David Bowers, on December 11, 2004, Bob Ford brought two quarters to the Old Pueblo Coin Exchange in Tucson, Arizona. Manager Ben Weinstein inspected the coins and determined that they could be a feasible die assortment. Owner Rob Weiss purchased the coins from Ford and contacted Coin World magazine editor Bill Gibbs with the news of a new die range.

By January 2005, word spread like wildfire and the hunt was on across the United States searching for these two new die varieties. The initial variety appears like there is an added leaf on the left side of the ear of corn very close to the prime leaf and is recognized as the  Extra Leaf High assortment. The second selection also has an further leaf on the left side of the ear of corn but is reduce and touches the wheel of cheese. This assortment is known as the  Extra Leaf Low selection.

2004-D Wisconsin State quarter Added Leaf Higher die assortment. Source Link �James Bucki
How it Occurred
In December 2005, die assortment and error expert J. T. Stanton, author of the "Cherrypickers' Guide to Uncommon Die Varieties," hypothesized that the additional lines situated by the ear of corn have been deliberately added to a functioning die before it went into production at the Denver mint. Though nobody knows for certain how the coin die was modified, he hypothesizes that since the lines are concentric and extremely equivalent in look, they could have been added by using any common tool situated about the mint. In fact, upon closer inspection, the lines do not have the look of a leaf that you would uncover on an ear of corn.

As reported in Coin World, February 6, 2006, the United States Mint Police investigated and concluded that someone "engaged in a sequence of criminal acts to intentionally alter and/or mutilate an unknown quantity of Wisconsin quarters from the Denver Mint, and in furtherance of their scheme, triggered the release of these coins to the public." Nonetheless, there have been no arrests reported nor suspects getting apprehended.


2004-D Added Leaf Wisconsin State Quarter Coin Values
Numismatic researchers and professionals estimate that about 2,000 Additional Leaf Low and 3,000 Further Leaf High assortment coins have been released into circulation. Most of them were distributed to banks in southern Arizona and western Texas. As soon as news broke, a lot of coin collectors and non-coin collectors alike began searching by way of their alter for this new range. Consequently most examples are uncirculated. Most circulated examples show quite small wear and are graded usually AU-55. Sometimes, one found in circulation right now.


2004-D Wisconsin State Quarter - Regular Concern


* Circulated: Face Value

* Uncirculated: $.75

2004-D Wisconsin State Quarter  Additional Leaf High


* Circulated: $75.00

* Uncirculated: $150.00
2004-D Wisconsin State Quarter  Additional Leaf Low


* Circulated: $50.00

* Uncirculated: $130.00

 

 

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