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Coin and Paper Money Collecting/What's up with this quarter

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Question
Weird Quarter
Weird Quarter  
Hi,
I wanted to know if you could tell me about this quarter?  I have no idea what happened to it or if it was done after it was minted.  Can you help?  I just started getting into coin collecting and I've never seen anything like this, it is really smooth to the touch.  

Thanks So Much
Cathy

Answer
Cathy:
PMD or Post-Mint Damage. Coin altered after striking and leaving mint. The retaining collar is the 3rd die on reeded coins, putting the edge reeds on the blank as it is squeezed by the obverse and reverse dies. Your piece is likely a bit smaller in diameter than a normal quarter. The unusual obverse markings were created by an individual outside the mint, and as such has no added collector value.

Coin and Paper Money 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. Contributor 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 on Facebook. 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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