Is Your 2003 Missouri State Quarter the $4,313 Jackpot? As part of the US 50 State Quarters program, the 2003 Missouri State Quarter was released in August 2003. This coin depicts the rich historical heritage of the state of Missouri. Although this coin is usually found in circulation at a modest price of only 25 cents, some high-quality coins have gained tremendous popularity among collectors.
In fact, some rare Missouri State Quarters have been sold for up to $4,313 (approximately Rs 3.5 lakh). But what is the reason that some coins reach such a high price? Let us understand the features of this coin and the factors affecting its price in detail.
Features of the 2003 Missouri State Quarter
This coin depicts the historical significance of the state of Missouri and is specially designed.
1. Design Details
- Obverse side: The front side of the coin has a traditional portrait of the first President of the United States, George Washington. Also, it has the following markings:
- “United States of America”
- “Liberty”
- “In God We Trust”
- “Quarter Dollar”
- Reverse Side: The reverse side of the coin depicts Lewis and Clark boating down the Missouri River with the Gateway Arch visible behind. The design commemorates the “Corps of Discovery 1804-2004” expedition. Also, it has the following markings:
- “Missouri 1821”
- “E Pluribus Unum”
2. Technical Features
| Feature | Details |
|---|---|
| Diameter | 24.30 mm |
| Weight | 5.67 grams |
| Edge | Reeded |
| Metal Composition | 75% Copper, 25% Nickel |
| Mint Marks | ‘P’ (Philadelphia), ‘D’ (Denver), and ‘S’ (San Francisco – Proof Edition Only) |
How is the value of the 2003 Missouri State Quarter determined?
It falls much within this aspect; however, there are a number of other factors that affect the value of the 2003 Missouri State Quarter.
- Quality of the Coin
- The quality of coins is based on the MS grading system for coins, which would indicate one of extreme rarity and nearly perfect condition, typically worth thousands.
- Minting Errors
- Although there are no major errors officially recorded in the 2003 Missouri State Quarter, if a coin is found to have a mint error, it can be worth quite a lot.
- Special Editions
- Silver proof editions (with an ‘S’ mint mark) struck from the San Francisco Mint are more valuable than the regular versions.
The most expensive 2003 Missouri State Quarter ever sold
In an auction held by Heritage Auctions in December 2007, a 2003-P Missouri State Quarter (MS68 grade) was sold for $4,313. This is the highest price ever recorded for this coin.
How to tell if your 2003 Missouri State Quarter is valuable?
To find out if you have this coin, check the following:
- Check the grading: If your coin grades MS65 or higher, it may be worth more.
- Check the mint mark: Silver proof coins with an ‘S’ mint mark may be more valuable.
- Check the characteristics: Any rare design or mint error may increase its value.
- Consult the experts: Getting an appraisal done by a professional coin grader (PCGS or NGC) can help determine the true value.
Estimated value of 2003 Missouri State Quarter by grade
| Grade (MS) | Estimated Value ($) |
|---|---|
| MS60 | $0.25 (Common Value) |
| MS65 | $1.75 |
| MS68 | $4,313 |
Note: These prices may change with time and market demand.
Where to buy or sell the 2003 Missouri State Quarter?
If you want to buy or sell this coin, consider the following options:
- Accredited coin dealers – for appraising coins and checking authenticity.
- Auction houses – such as Heritage Auctions, where rare coins are auctioned.
- Selling and buying of coins is possible on online marketplaces – eBay, Amazon and other platforms.
Conclusion
The 2003 Missouri State Quarter may look ordinary, but its rarity and quality can make it valuable. If you have this coin, get its condition and grade checked. Sometimes, even a seemingly ordinary coin can change your fortune.
Do you have a rare coin? Now is the time to know its true value and get your treasure appraised.
FAQs On Is Your 2003 Missouri State Quarter the $4,313 Jackpot?
Q. Can a 2003 Missouri State Quarter really be worth thousands of dollars?
A. Yes, but only high-quality coins (MS68 grade) or coins with rare features sell for thousands of dollars.
Q. Is there any special value to the common 2003 Missouri Quarter I have?
A. If it is of common quality (less than MS60), it will only be worth 25 cents.
Q. How to preserve a 2003 Missouri Quarter?
A. If your coin is of high quality, store it in a plastic capsule or coin album to protect it from moisture and scratches.