Discover The Value Of The 2004 Iowa Quarter
What is the value of a 2004 Iowa quarter?
The 2004 Iowa quarter is a commemorative coin issued by the United States Mint in 2004. It is the eighth coin in the State Quarters program, which honored each of the 50 states in the order they joined the Union. The Iowa quarter was designed by Emily Damstra and features a bust of Herbert Hoover, the 31st President of the United States, and a rendering of the Herbert Hoover National Historic Site.
The 2004 Iowa quarter was released into circulation on June 14, 2004. It was produced at the Philadelphia and Denver Mints, with a total mintage of 709,100,000 coins. The coin is composed of clad metal, which is a mixture of copper and nickel. It weighs 5.67 grams and has a diameter of 24.26 millimeters.
The 2004 Iowa quarter is worth more than its face value of 25 cents. The value of the coin depends on its condition and rarity. Uncirculated coins are worth more than circulated coins, and coins with errors or other unique features can be worth even more.
The 2004 Iowa quarter is a popular coin among collectors. It is a reminder of the state's rich history and its role in the development of the United States.
2004 Iowa Quarter Value
The 2004 Iowa quarter is a valuable coin for collectors. Here are six key aspects to consider when determining its value:
- Year of issue: 2004
- Mint mark: P (Philadelphia) or D (Denver)
- Condition: Uncirculated, circulated, or damaged
- Rarity: Some coins have errors or other unique features that make them more valuable.
- Demand: The demand for Iowa quarters is high, which drives up their value.
- Historical significance: The Iowa quarter commemorates the state's history and its role in the development of the United States.
The value of a 2004 Iowa quarter can range from 25 cents to several hundred dollars, depending on the factors listed above. Uncirculated coins in mint condition are worth the most, while circulated coins with damage are worth less. Coins with errors or other unique features can be worth even more. The demand for Iowa quarters is high, which also drives up their value. Ultimately, the value of a 2004 Iowa quarter is determined by its condition, rarity, and demand.
1. Year of issue
The year of issue is an important factor in determining the value of a 2004 Iowa quarter. The 2004 Iowa quarter was the eighth coin in the State Quarters program, which honored each of the 50 states in the order they joined the Union. The Iowa quarter was released into circulation on June 14, 2004, and was produced at the Philadelphia and Denver Mints.
The mintage of the 2004 Iowa quarter was 709,100,000 coins. This makes it a relatively common coin, but it is still more valuable than its face value of 25 cents. Uncirculated coins in mint condition are worth the most, while circulated coins with damage are worth less. Coins with errors or other unique features can be worth even more.
The demand for Iowa quarters is high, which also drives up their value. Collectors are interested in completing their State Quarter collections, and Iowa quarters are also popular with investors. As a result, the value of 2004 Iowa quarters is likely to continue to increase in the future.
2. Mint mark
The mint mark is an important factor in determining the value of a 2004 Iowa quarter. The mint mark indicates where the coin was produced, either the Philadelphia Mint (P) or the Denver Mint (D). Coins produced at different mints can have different values, depending on their rarity and desirability.
In the case of the 2004 Iowa quarter, the Philadelphia Mint produced 416,520,000 coins, while the Denver Mint produced 292,580,000 coins. This means that the Philadelphia Mint produced more 2004 Iowa quarters than the Denver Mint, making the Philadelphia Mint coins slightly less valuable.
However, the Denver Mint produced more proof coins than the Philadelphia Mint. Proof coins are specially struck coins that are intended for collectors. They are produced using a different process that results in a mirror-like finish. Proof coins are more valuable than regular circulation coins.
Overall, the mint mark can have a significant impact on the value of a 2004 Iowa quarter. Coins produced at the Philadelphia Mint are generally less valuable than coins produced at the Denver Mint, unless they are proof coins.
3. Condition
The condition of a coin is an important factor in determining its value. This is especially true for the 2004 Iowa quarter, which is a popular coin among collectors. Uncirculated coins are worth more than circulated coins, and coins with damage are worth even less.
Uncirculated coins are coins that have not been circulated, or used in everyday transactions. They are typically in mint condition, with no scratches or other damage. Circulated coins, on the other hand, have been used in everyday transactions and may have scratches, dents, or other damage. Coins with damage are worth even less than circulated coins.
The condition of a 2004 Iowa quarter can have a significant impact on its value. For example, an uncirculated 2004 Iowa quarter in mint condition may be worth several hundred dollars, while a circulated coin with damage may be worth only a few cents. Therefore, it is important to carefully examine the condition of a 2004 Iowa quarter before determining its value.
Here are some tips for determining the condition of a coin:
- Look for scratches or other damage. Even a small scratch can reduce the value of a coin.
- Check the coin's luster. Uncirculated coins will have a bright, shiny luster, while circulated coins will have a duller luster.
- Weigh the coin. Uncirculated coins will weigh more than circulated coins, as they have not lost any metal due to wear and tear.
4. Rarity
The rarity of a coin is a major factor in determining its value. This is because rare coins are more difficult to find, and therefore more desirable to collectors. Some coins are rare because they were only produced in small quantities, while others are rare because they have errors or other unique features.
The 2004 Iowa quarter is a relatively common coin, with a mintage of over 700 million coins. However, there are some rare varieties of the 2004 Iowa quarter that are worth more than the face value of 25 cents. These rare varieties include coins with errors, such as double strikes or off-center strikes, and coins with unique features, such as die cracks or mint marks.
For example, a 2004 Iowa quarter with a double strike error may be worth several hundred dollars, while a 2004 Iowa quarter with a die crack may be worth several thousand dollars. The value of a rare coin depends on its rarity and desirability. The more rare and desirable the coin, the more it will be worth.
It is important to note that not all errors or unique features make a coin more valuable. Some errors, such as scratches or dents, can actually decrease the value of a coin. Therefore, it is important to carefully examine a coin to determine if it has any errors or unique features that make it more valuable.
If you find a 2004 Iowa quarter with an error or other unique feature, you should have it appraised by a professional coin dealer to determine its value.
5. Demand
The demand for Iowa quarters is high due to several factors, including their popularity among collectors and investors. This high demand drives up the value of Iowa quarters, making them worth more than their face value of 25 cents.
- Collector demand: Iowa quarters are popular among collectors because they are part of the State Quarters program, which honored each of the 50 states in the order they joined the Union. Collectors are interested in completing their State Quarter collections, and Iowa quarters are an important part of that collection.
- Investor demand: Iowa quarters are also popular among investors because they are made of silver. Silver is a precious metal that has been used for centuries to make coins and jewelry. The value of silver has been rising in recent years, which has made Iowa quarters more valuable to investors.
- Historical significance: Iowa quarters are also valuable because of their historical significance. They commemorate the state of Iowa and its role in the development of the United States. Iowa quarters are a reminder of the state's rich history and its contributions to the nation.
The high demand for Iowa quarters is likely to continue in the future. This is because the State Quarters program is popular among collectors, and silver is a valuable metal. As a result, the value of Iowa quarters is likely to continue to increase in the future.
6. Historical significance
The historical significance of the Iowa quarter is a major factor in its value. This is because collectors are interested in coins that have a story to tell. The Iowa quarter tells the story of the state of Iowa and its role in the development of the United States.
Iowa was the 29th state to join the Union, and it played a vital role in the westward expansion of the United States. Iowa was also a major agricultural center, and it helped to feed the growing nation. The Iowa quarter commemorates all of these important aspects of the state's history.
The Iowa quarter was designed by Emily Damstra, and it features a bust of Herbert Hoover, the 31st President of the United States, and a rendering of the Herbert Hoover National Historic Site. Hoover was born in Iowa, and he served as president from 1929 to 1933. The Herbert Hoover National Historic Site is located in West Branch, Iowa, and it includes Hoover's birthplace and other buildings related to his life and career.
The Iowa quarter is a beautiful and historic coin that commemorates the state of Iowa and its role in the development of the United States. This historical significance is a major factor in the coin's value.
FAQs About the 2004 Iowa Quarter Value
The 2004 Iowa quarter is a valuable coin for collectors and investors. Here are some frequently asked questions about the value of the 2004 Iowa quarter:
Question 1: What is the value of a 2004 Iowa quarter?
The value of a 2004 Iowa quarter depends on its condition, rarity, and demand. Uncirculated coins in mint condition are worth the most, while circulated coins with damage are worth less. Coins with errors or other unique features can be worth even more. The demand for Iowa quarters is high, which also drives up their value.
Question 2: What are some factors that affect the value of a 2004 Iowa quarter?
The following factors can affect the value of a 2004 Iowa quarter:
- Year of issue
- Mint mark
- Condition
- Rarity
- Demand
- Historical significance
Question 3: How can I determine the condition of a 2004 Iowa quarter?
You can determine the condition of a 2004 Iowa quarter by looking for scratches or other damage, checking the coin's luster, and weighing the coin. Uncirculated coins will have no scratches or damage, a bright, shiny luster, and will weigh more than circulated coins.
Question 4: What is the rarest variety of the 2004 Iowa quarter?
The rarest variety of the 2004 Iowa quarter is the double strike error. This error occurs when a coin is struck twice by the dies, resulting in a coin with two impressions of the design.
Question 5: What is the historical significance of the 2004 Iowa quarter?
The 2004 Iowa quarter commemorates the state of Iowa and its role in the development of the United States. The coin features a bust of Herbert Hoover, the 31st President of the United States, and a rendering of the Herbert Hoover National Historic Site.
These are just a few of the frequently asked questions about the value of the 2004 Iowa quarter. If you have any other questions, please consult a professional coin dealer.
Remember, the value of a coin is ultimately determined by its condition, rarity, and demand. By understanding these factors, you can better determine the value of your 2004 Iowa quarter.
Transition to the next article section:
This concludes the FAQs about the 2004 Iowa quarter value.
Conclusion
The 2004 Iowa quarter is a valuable coin for collectors and investors. The value of the coin depends on its condition, rarity, and demand. Uncirculated coins in mint condition are worth the most, while circulated coins with damage are worth less. Coins with errors or other unique features can be worth even more. The demand for Iowa quarters is high, which also drives up their value.
The 2004 Iowa quarter is a beautiful and historic coin that commemorates the state of Iowa and its role in the development of the United States. This historical significance is a major factor in the coin's value. Collectors and investors should consider adding the 2004 Iowa quarter to their collections.
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