Very Rare 1983 P Quarter Dollar With Errors
If you are a coin collector or investor, you might have heard about the 1983 P quarter dollar with errors. This particular coin is one of the rarest and most valuable coins in the market. In this article, we will discuss the history, origin, and value of this rare coin.
History and Origin of the 1983 P Quarter Dollar
The 1983 P quarter dollar was minted by the United States Mint in 1983. This coin is a part of the Washington Quarter series and was designed by John Flanagan. The P on the coin indicates that it was minted in Philadelphia. However, what makes this coin so rare and valuable are the errors that occurred during the minting process.
The Errors on the 1983 P Quarter Dollar
The 1983 P quarter dollar has two distinct errors that make it valuable. The first error is the absence of a mint mark. Mint marks are usually placed on the coin's front or back to indicate where it was minted. However, some 1983 P quarter dollars were minted without the P mint mark. This error is very rare, and only a few hundred coins were produced without the mint mark.
The second error is the doubling of the letters "In God We Trust" and the word "Liberty" on the coin's obverse side. This error is also known as the "double die" error and is caused by a misalignment of the coin's die during the minting process. This error is even rarer than the absence of the P mint mark.
The Value of the 1983 P Quarter Dollar
The value of the 1983 P quarter dollar with errors is quite high. The absence of the P mint mark alone can fetch up to $500 in the market. However, the double die error is what makes this coin even more valuable. A 1983 P quarter dollar with the double die error can fetch up to $10,000 or more, depending on its condition.
Conclusion
The 1983 P quarter dollar with errors is a rare and valuable coin that every coin collector or investor would want to have in their collection. Its history, origin, and rarity make it a highly sought-after coin in the market. If you happen to come across one of these coins, make sure to get it appraised by a professional coin dealer or appraiser to determine its true value.