New Jersey 1787 Quarter 1999 Value
New Jersey 1787 Quarter 1999 Value
The New Jersey 1787 Quarter, minted in 1999, is an important coin in United States history. The quarter is part of the 50 State Quarters Program, a 10-year initiative launched by the United States Mint in 1998. The program was created to honor each of the 50 US states with a unique design on the quarter. The New Jersey 1787 quarter was the sixth in the series, and it honors the Garden State’s admission to the Union as the third state in 1787.
What is the Value of the New Jersey 1787 Quarter?
When the New Jersey 1787 quarter was released in 1999, it was issued in both circulation-quality and uncirculated condition. The circulation quality quarters were distributed to banks and the public via the Federal Reserve System. The uncirculated coins were sold directly from the United States Mint. At the time of issue, the coins were available for a fraction of the face value, with circulation quality quarters costing only $0.25 each, and uncirculated coins costing $1.50 each.
Today, the 1999 New Jersey 1787 quarter is valued at much more than face value. The circulation-quality coins are now worth between $3 and $5, while the uncirculated coins are worth between $10 and $20. The value of the coin is determined by its condition and grade. Coins that have been well-preserved and are in excellent condition may be worth more than coins that have been circulated.
What Descriptive Features Make the New Jersey 1787 Quarter Unique?
The obverse of the New Jersey 1787 quarter features George Washington, the first President of the United States, in profile. Beneath Washington’s portrait is the inscription “New Jersey 1787”. The reverse of the coin shows the state’s coat of arms, with a shield bearing a horse head and three plows, and a woman holding a staff and a shield. Above the design is the inscription “The Crossroads of the Revolution”.
What Does the Design of the New Jersey 1787 Quarter Represent?
The design of the New Jersey 1787 quarter serves as a reminder of the state’s important role in the American Revolution. The horse head and three plows on the reverse of the coin represent the state’s agricultural industry. The woman holding a staff and shield is believed to be the goddess Liberty, a symbol of the state’s freedom. The inscription “The Crossroads of the Revolution” refers to the fact that New Jersey was a strategic location during the Revolution, as it was situated between British-controlled New York and Philadelphia.
What Are Some Other Collectible New Jersey 1787 Quarters?
The New Jersey 1787 quarter is also available in a variety of collectible formats, including proof sets, mint sets, and silver proof sets. The proof sets and mint sets feature the New Jersey 1787 quarter alongside other coins from the 50 State Quarters Program. Silver proof sets feature the coins struck in 90 percent silver. The silver proof sets are the most valuable of the collectible formats, with some coins selling for more than $50.
Conclusion
The New Jersey 1787 quarter is an important coin in United States history. The coins were issued in 1999 as part of the 50 State Quarters Program. The circulation quality coins are now worth between $3 and $5, while the uncirculated coins are worth between $10 and $20. The coins also come in a variety of collectible formats, with silver proof sets being the most valuable. No matter what format the coin is in, the New Jersey 1787 quarter is a remarkable reminder of the Garden State’s admission to the Union in 1787.