A lot of folks are into coin collections with the expectation that they will come across some coins with unique mistakes that can double or even triple the value of the coin. Quite remarkably, some Kansas quarters made in 2005 can fall into those categories. A slight defect on these types of quarters could fetch a price of $100 or over when it comes to collectors. If you happen to have a hoard of quarters lying around, here is a guide on how to look for this defect that could earn you money.
What is the error on the 2005 Kansas quarter?
The 2005 Kansas quarter has two distinct errors that collectors find valuable:
- “In God We Rust” Error: Due to a damaged coin die, some quarters show “In God We Rust” instead of “In God We Trust” on the obverse (heads) side. This happens when the die gets filled with grease or debris, causing certain letters to be faint or missing.
- “Humpback Bison” Error: The second error is on the reverse (tails) side. The bison on the Kansas quarter sometimes appears to have a strange hump on its back, as though it has an extra tuft of hair. This “humpback” effect is another result of a flawed die.
Both of these errors can turn an ordinary quarter into a coin worth as much as $100 to the right collector.
How can I identify an error on my Kansas quarter?
If you are looking to spot these valuable flaws, here’s what to look for:
- Inspect the phrase “In God We Trust” on the front of the coin. If it appears to say “In God We Rust,” you might have a valuable quarter on your hands. Look closely at the “T” in “Trust”; if it’s missing or faint, that’s a good sign.
- Check the bison on the back of the coin. If there appears to be a bumpy or raised area near the bison’s shoulder or back, that’s likely the “humpback” error. You may need a magnifying glass to spot this detail clearly.
Even if you do not find the errors immediately, taking the time to check each Kansas quarter carefully could pay off.
Why are these errors valuable?
Coins with errors are often sought after by collectors because they are relatively rare. For the Kansas quarter, these errors occurred during regular production, making them harder to identify but increasing their potential value. Coins that have rare minting errors generally have a unique appeal in the collector’s market. With a value up to 400 times their face value, it’s clear why these Kansas quarters are in demand.
How much is a 2005 Kansas error quarter worth?
The value of an error quarter can depend on the condition and specific error type. Here’s what collectors might expect:
- 2005-P Kansas Quarter with the “In God We Rust” error: Depending on the coin’s condition, these quarters can sell for $10 to $100.
- 2005-P Kansas Quarter with the “Humpback Bison” error: These coins also range from $10 to $100, with higher-value sales for coins in excellent condition.
In auctions, a well-preserved error quarter has been known to sell for even more, especially if a buyer is keen on adding this piece to their collection.
Where can I sell a 2005 Kansas error quarter?
If you find one of these error coins, there are several ways to sell it:
- Coin Dealers: Local coin shops or dealers often buy error coins. They can also provide an initial assessment of your quarter’s value.
- Online Auctions: Websites like eBay or Heritage Auctions are popular for selling valuable coins. Auction sites also give you a broader reach to collectors who are actively seeking these quarters.
- Coin Shows and Conventions: Coin shows attract collectors and dealers from around the country, providing a great opportunity to sell valuable coins face-to-face.
To avoid underselling, it may be worth having the coin graded professionally. Professional grading can give you a clearer idea of its condition and value.
If you happen to find one of these rare error quarters, you could turn just 25 cents into $100 or more. Carefully checking your coins for any unusual features, like the “In God We Rust” text or the “humpback bison,” can help you spot valuable quarters right in your pocket change. A little time and attention could reveal a small fortune.
RELATED ARTICLES:
Dig into their pockets for this US ‘Peace Dollar’ coin – Could be worth up to $132,000 at auction
