Coin and Paper Money Collecting/Rare Laouisiana Quarter

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Expert: - 6/17/2010


Question
I have 2002 Louisiana S mint quarter, I was told that this quarter was not suppose to be in circulation. I would like to know if it is worth anything.

Thanks in advance,

Marilyn Mchenry

Answer
Hi Marilyn:

Thanks for your question.

You are correct. The "S" mint quarter was a proof strike, and not intended for general circulation. You'll need to look at the edge to determine if it is a clad or silver proof. The clad proof will have a sandwich appearance with a copper center, like the normal "P" and "D" circulation strikes. The silver proof will appear as one solid color, without the copper center. There were 3,084,245 clad proofs and 892,229 silver proof struck for the Louisiana State Quarter program.

For more information: http://www.statequarterguide.com/2002-louisiana-state-quarter/

One dealer is selling the clad proof for $5.00 and the silver proof for $9.95.
See: http://www.letcoin.com/StateQuarters2002.htm

You may want to check eBay listings under US coins in the State Quarter category to see if your coin is listed and what it is going for. If you live close to a coin shop, they should offer you an opinion as to the condition, and value at no charge. Always try and get at least two opinions and try and deal with PNG dealers if possible. If you should decide to sell your coin to a dealer, remember they will offer about 50% to 60% of the retail value.  Here's a link to find one in your area: http://www.pngdealers.com/dealersearch.php
                        
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Thank You and Good Luck in your collecting.

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Ronald Fern

Expertise

I can answer most all questions relating to US coins, tokens, and currency. I'm not strong on world coins or ancients. Primary field of expertise is errors and varieties. Over 55 years experience in coin collecting. Part time dealer since 1976. Employed by McDonnell Douglas/Boeing for over 34 years as an Industrial Engineer/Technical Specialist before retiring in 2002.

Experience

Worked weekends for "Lonesome" John in the late 1960's to mid 1970's processing error coins, packaging, and preparing orders. Worked with John Devine and Fred Weinberg on several California Error A Rama's in the early 1970's. Served as display judge at annual Error-A-Rama coin shows. Opened and operated mail order coin business DBA "CAL ERRORS" in 1976. Contributer to Alan Herbert's "Official Price Guide To Mint Errors" and Fivaz/Stanton "Cherrypickers' Guide". Worked Saturdays at Huntington Beach Coin Exchange 1980-1999. Had table and sold coins at a number of coin and gun shows in So CA, AZ and NV. Sell coins, tokens and currency currently at my space in the Pomona Antique Center. Past "Errorscope" Editor. Presently CONECA Examiner.

Organizations
ANA, CONECA, CWTS, NLG

Publications
Errorscope, Numismatic News, Civil War Token Journal, Error and Variety News

Education/Credentials
AA Degree LBCC pre Engineering, 1964 BS Degree CSULB Ind Technology, 1968

Awards and Honors
1st Place EAR Trophy for Civil War Token Errors, NLG Author of Year Award for best monthly coin column "Error News and Views" in small Numismatic paper, owned and published by Ray Anthony.

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