It has nothing to do with inflation why a single quarter might be worth more than $200.
An unusual quarter produced in the year 2000 with a mistake on it was sold for $216 on eBay, according to the US Sun. The coin is part of the New Hampshire state Washington quarters series, however, it was struck on a Jefferson nickel.
However, according to the United States Sun, that is not the most costly uncommon coin. According to USA Coin Book, rare 1932 Washington quarters may get as much as $13,573.
Coins have the highest resale value due to errors and limited mintages, according to The United States Sun.
Error coins, like the $216 Washington quarter, are also referred to as double denominations or “planchet” faults. This is because the error arises during the minting of a blank coin (a “planchet”).
When the wrong planchet is inserted into the minting press, or the equipment includes dies of multiple denominations, a mix-up might occur, according to the US Sun.
If you dump your spare change into a jar, bowl, or piggy bank at home, it may be worthwhile to look through your money to check if you have any valuable coins.
If you don’t have a designated spot for extra change, look behind your couch cushions, in your car, and anyplace else change could accumulate.
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When looking for rare coins, seek for any that seem uncommon, such as a design you’ve never seen before, a printing mistake that looks “strange,” or a coin with the wrong denomination printed on it. Remember to check both sides.
Then, on eBay, search for the coin’s complete name and year, choose “sold” goods, and sort the results by “highest value” first. You may sell it on eBay or a number of other online markets if you locate a winner.