Jude 2

The son of my wife's boss, was given change during the day. In the change he was given a quarter. This quarter is rare. He has already been offered $10,000.00 for it. I need that kind of change.

Ray

Sometimes change can be a good thing...

THE RAzEr wrote:The son of my wife's boss, was given change during the day. In the change he was given a quarter. This quarter is rare. He has already been offered $10,000.00 for it. I need that kind of change.

Ray

What makes it so rare and valuable?

Mike Vande wrote:Sometimes change can be a good thing...

Has been for me afew times.

I do not know all the details. It is a U.S mint coin, but it has two heads. I do not know if it is on the same side or heads on both sides when you flip it. I have seen such novelty items. Evidently this is really a quarter. Some sort of mistake, I suppose. Like I say a dealer has an offer pending for $10,000. At least, this is what my wife was told.

Ray

This sounds as if the coin was double struck during minting. I don't know of any U.S. Mint coins with a double head design (front and back). The mints do make mistakes during minting coins, but generally these mistakes are culled out before they can be put into circulation. On the rare occasion that some of these mis-struck coins do make it into circulation they quickly become sought after because of their rarity. Depending upon the condition of the coin, it's value can become extreme, as in this case.


TW

TW wrote:This sounds as if the coin was double struck during minting. I don't know of any U.S. Mint coins with a double head design (front and back). The mints do make mistakes during minting coins, but generally these mistakes are culled out before they can be put into circulation. On the rare occasion that some of these mis-struck coins do make it into circulation they quickly become sought after because of their rarity. Depending upon the condition of the coin, it's value can become extreme, as in this case.


TW

Yeah, I don't think a double head is likely since two heads dies would've been in use on the same point during the coining process. That'd be a pretty messy quality control issue for the Mint. Double strikes are not uncommon, but when they escape culling, as TW said, that's rare. I've had nickels, quarters, other coins over the years with mis-strikes, and I've seen others with them. They're not all valuable at all, and most are probably worth no more than face value. BUT, sometimes the mis-strike is so peculiar or produces such a visual oddity that they do get prized if they hit circulation.