The 1999 Delaware State Quarter, the first release in the 50 State Quarters series, is a cherished piece of American numismatic history. Commemorating Delaware’s role as the first state to ratify the Constitution, this coin features an iconic depiction of Caesar Rodney on horseback. While most Delaware quarters are common, the discovery of the “Spitting Horse” error has elevated some of these coins into prized collectibles sought after by collectors worldwide.
Delaware State Quarter: Historical and Artistic Significance
The Delaware State Quarter honors Caesar Rodney’s historic ride to Philadelphia during the Revolutionary War. His determined journey, depicted on horseback, symbolizes dedication and the fight for American independence. This coin holds special significance as the first in the 50 State Quarters program, released in 1999, and remains popular among collectors for its historical and artistic value.
The “Spitting Horse” Error: A Rare and Valuable Minting Flaw
The “Spitting Horse” error is a die crack on some Delaware quarters, creating the appearance of a line extending from the horse’s mouth. This unintentional flaw gives the illusion that the horse is spitting, a quirky defect unique to this coin. Due to its rarity, the “Spitting Horse” quarter has gained immense interest from collectors, often fetching premium prices.
- Value: Depending on its condition, the “Spitting Horse” error coin can range in value from a few hundred to over $1,000. Coins in pristine, mint-state condition or those professionally graded by services like PCGS or NGC often command the highest prices.
- Rarity: Not every Delaware quarter has this error, making it a scarce find even among collectors.
Factors Influencing the Value of the 1999 Delaware Error Quarter
Several elements determine the value of a Delaware quarter with the “Spitting Horse” error:
- Condition: Coins in uncirculated or near-mint condition are significantly more valuable than those that have seen heavy circulation.
- Rarity of the Error: The limited number of quarters with the “Spitting Horse” defect adds to their desirability and value.
- Grading: Professionally graded coins often fetch higher prices as their authenticity and condition are verified by recognized services.
- Collector Demand: Interest in error coins has grown, driving up the price of unique coins like the “Spitting Horse” quarter.
Where to Find “Spitting Horse” Delaware Quarters
Although rare, “Spitting Horse” quarters can sometimes be found in circulation, particularly in unsearched coin rolls. However, collectors are more likely to locate these error coins through:
- Coin Shops: Dealers often stock error coins, including the Delaware quarter.
- Online Marketplaces: Websites like eBay may list “Spitting Horse” quarters, though buyers should be cautious and verify the authenticity of listings.
- Professional Dealers: Experts specializing in error coins often carry high-quality examples, though they may come at a premium price.
Comparison of Popular U.S. Error Quarters
| Coin Name | Year Issued | Error Type | Value Range ($) | Rarity Level |
|---|---|---|---|---|
| Delaware State Quarter | 1999 | Spitting Horse | Up to $1,000+ | High |
| Wisconsin State Quarter | 2004 | High/Low Leaf | Up to $1,500+ | High |
| Minnesota State Quarter | 2005 | Extra Tree | Up to $300 | Moderate |
| Kansas State Quarter | 2005 | In God We Rust | Up to $500 | Moderate |
The Delaware “Spitting Horse” error stands out due to its historical association and distinctive flaw, making it one of the most memorable coins for collectors.
Tips for Collecting Error Coins
If you’re interested in collecting error coins like the “Spitting Horse” Delaware quarter, these tips can help:
- Research Common Errors: Familiarize yourself with known errors and the techniques for identifying them.
- Use Magnification Tools: A magnifying glass or coin microscope can help detect minor imperfections that may not be visible to the naked eye.
- Buy from Trusted Sources: Purchase coins from verified dealers or marketplaces with buyer protection to avoid counterfeit or misrepresented items.
- Protect Your Coins: Preserve your coins in protective holders or cases to maintain their condition and value.
- Grade High-Value Coins: Consider having rare error coins graded and certified by professional services for authentication and to boost resale value.
Why Collectors Value the “Spitting Horse” Error
The 1999 Delaware State Quarter combines historical significance with an unusual minting flaw, making it a standout collectible. Its unique defect, coupled with its place in the popular 50 State Quarters series, ensures its continued appeal to numismatists. As the market for error coins grows, coins like the “Spitting Horse” quarter demonstrate how small imperfections can lead to significant value.
FAQ:
1. Why is the 1999 Delaware State Quarter considered rare?
The rarity lies in the “Spitting Horse” minting error, which appears on only a limited number of coins. This defect, combined with the historical appeal of the quarter, makes it a sought-after collectible.
2. What is the “Spitting Horse” error?
The error is a die crack on the coin that creates the illusion of a streak coming from the horse’s mouth, making it appear as though the horse is spitting.
3. How much is a “Spitting Horse” Delaware quarter worth?
Depending on its condition, the value can range from $500 to over $1,000. Coins in mint or near-mint condition often fetch the highest prices.
4. Where can I find a “Spitting Horse” quarter?
They may occasionally appear in circulation or unsearched coin rolls. However, they are more reliably found through coin shops, online marketplaces, or professional dealers specializing in error coins.
5. Are error coins like the “Spitting Horse” quarter a good investment?
While error coins can appreciate in value due to their rarity, their market is driven by collector interest. Investing in them should be done with care, focusing on coins with verified authenticity and condition.
