The 1999 Georgia State Quarter: Why it can cost thousands

Georgia State's 1999 quarter has recently been estimated to go for as high as $10,000 having been minted with a main error.

In 1999, the U.S. Mint began issuing a series of fifty state quarters to commemorate each state. On average, most of these quarters are worth their face value, however, some of them are quite valuable due to a slight mishap in minting.

The error consists of commemorative coins that have been minted using the wrong materials on planchets meant for the Sacagawea dollar. These planchets have a gold hue and were used to strike some Georgia quarters before the mistake was caught and stopped.

These error coins have become a rage with collectors and are valued at thousands of dollars.

To check whether you have a valuable 1999 Georgia quarter, take the coin into close view. Any sort of lookout for the experimental planchet error is possible. Here are some key characteristics to look for:

The coin should be gold in color.

It should have a reeded edge.

The coin should weigh 5.67 grams.

The diameter of the coin should be 24.26 millimeters.

The best advice to anyone who thinks they have any of these coins is not to spend it. Instead of having it graded, what the holder of the coin could do is have it graded by a reliable coin-grading service.

For the 1999 Georgia quarter with an experimental planchet error, the value of the particular coin depends on its quality and scarcity. These error coins have auctioned for a price rising to $10000 and other at relative prices of $7200 to $4200.