Expert: PAPAJACK - 12/14/2007

Question
I have a 1999 New Jersey state quarter that is stamped off center. Does this coin have any value or do you know where I would take it to find out?I am in Warren, Michigan.

Answer
Hello Teresa,                                            

This sounds like an off center strike. It should be seen by a dealer to decide its value. If it is a mint defect it may sell for around $4 but if it is less than 15% off center maybe only a dollar, since it is not a die error but a production error.   

Error collecting is a branch outside of coins collecting. There is no fixed pricing on these error coins published and each one would have to be seen to be evaluated.

I also want to mention COMBINED ORGANIZATION of NUMISMATIC ERROR COLLECTORS ASSOCIATION; they are the ultimate experts in the error coin field.  
CONECA is a national numismatic organization devoted to the education of error and variety coin collectors. CONECA focuses on many error and variety specialties, including doubled dies, Re-punched mint marks, multiple errors, clips, double strikes, off-metals and off-centers just to name a few.

As information on the value of error coins "the Greater the error the Greater the Value" is the general rule, and it does have to be a Mint Error.

For information on the many types of error coins look for the book "The ERROR COIN ENCYCLOPEDIA" by Arnold Margolis. It goes into detail about how errors have occurred at the mint.  Your Library may have a copy or it is inexpensive to buy.

Here are two dealers near you as requested;

"Double "E" Inc"
20900 Dequindre
Warren , MI 48091-2211
Phone: (810) 754-2646
Specialties Buying Coins, Commemoratives, Silver Dollars  
* Part time dealer


Rare Coins of Michigan, Inc.
30500 Van Dyke #308
Warren , MI 48093-2110
Phone: 586-751-8887
Specialties Bullion, Collector Coins, Paper Money  
Full time dealer

If there any more information you require on this question just ask.

Thank You and Good Luck

PapaJack