In a remarkable turn of events, a rare 2005 Kansas “In God We Rust” quarter discovered in a laundry room tray has fetched an astonishing $39,000 at auction. This unexpected find has captivated numismatists and collectors alike, highlighting the enduring allure of error coins.
The Origin of the “In God We Rust” Error
The 2005 Kansas State Quarter was part of the U.S. Mint’s 50 State Quarters Program, celebrating Kansas’s admission to the Union in 1861. However, a minting error led to some coins bearing the phrase “In God We Rust” instead of the intended “In God We Trust.”
This error occurred due to a grease-filled die, which obscured the letter “T” in “Trust” during the minting process. Such errors are relatively rare and have become highly sought after by collectors.
Discovery in a Laundry Room Tray
The coin in question was found by a homeowner while cleaning out a laundry room tray. Initially overlooked, the quarter’s unusual inscription caught the owner’s attention.
Recognizing its potential value, they consulted a numismatic expert who confirmed its authenticity and rarity.
Auction Details and Sale Price
After authentication, the coin was consigned to a reputable auction house specializing in rare coins. Bidding was competitive, with collectors eager to acquire this unique piece. The final hammer price reached $39,000, reflecting the coin’s rarity and excellent condition.
Value Guide for 2005 Kansas “In God We Rust” Quarters
| Condition | Estimated Value |
|---|---|
| Circulated (Good) | $5 – $100 |
| Uncirculated (MS-60) | $100 – $500 |
| High Grade (MS-65 or above) | $500 – $1,500+ |
| Exceptional Specimens | $10,000 – $39,000 |
Note: Values are approximate and can vary based on market demand and coin specifics.
Identifying a Genuine “In God We Rust” Quarter
To determine the authenticity of a 2005 Kansas “In God We Rust” quarter, look for the following characteristics:
- Obscured “T” in “Trust”: The letter “T” appears faint or missing.
- Mint Mark “P”: Indicates the coin was minted in Philadelphia.
- Grease-Filled Die Marks: Subtle imperfections around the inscription area.
It’s advisable to consult a professional coin grading service for verification.
The sale of the 2005 Kansas “In God We Rust” quarter for $39,000 underscores the potential value hidden in everyday items. This extraordinary find not only enriches the field of numismatics but also serves as a reminder to remain vigilant for rare treasures in our daily lives.
FAQs
How rare is the 2005 Kansas “In God We Rust” quarter?
While not exceedingly rare, these error coins are uncommon and highly valued by collectors, especially in uncirculated or high-grade conditions.
How can I authenticate my quarter?
Consult a professional coin grading service or a reputable numismatist to verify authenticity and condition.
Where can I sell a rare coin like this?
Consider auction houses specializing in numismatics, reputable coin dealers, or online platforms dedicated to rare coins.