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New
Leaves Turning Up and Down on Wisconsin State Quarters(con't)
Because
of where the "High/Up and Low/Down" leaves show up on the design
and because they really look like "leaves," it looks like it wasn't
an accident. The "leaves" are in the right places on both varieties.
They look just like leaves on an ear of corn, and they are on a coin
that has an ear of corn on it. Wow! But because there isn't a good reason for
why the "extra leaves" are on the coins, it makes me wonder if it
wasn't an accident, though. It probably won't matter to collectors
how the extra leaves got there. I know it doesn't matter to me. I
just think they look cool.
Rick Snow, who owns Eagle Eye Rare Coins; Inc.
of Tucson, wrote this in a post to the Collector's Universe U.S. Coin Forum about
how people are reacting in Tucson: "You have to realize that it's like someone
hid winning lottery tickets all over town." After reading about the coins in
Coin World I asked my grandparents, who live near
Tucson to try and
find some for me, but they couldn't. They said one
coin dealer, told them, that before the varieties were found, he was giving away
free 2004 Wisconsin state quarters to anyone who
brought in a can of food for a food drive. I wonder
how many folks got "extra leaf" quarters that way?
After seeing the coins in person and taking some
to the FUN show in Florida to have other dealers
-and collectors look at the coins, Rick Snow has made
up his mind that they are a true
variety. In another, post on the Collector's Universe
U.S. Coin Forum he wrote: "To me as a variety specialist, I must say this
is a cool naked eye variety. Much better than the 2004-DD nickels, and along
the lines of the 1972-DD cents and other bold varieties. I feel certain that these
will be collected alongside the state, quarter set."
On their website, the Professional Coin Grading
Service (PCGS), wrote a statement on January 21st about the Wisconsin quarters
with the "extra leaves." David Hall, PCGS founder and president, said: "This
is a very important discovery. The 'extra leaf' Wisconsin quarters are the first
major variety for the Statehood quarters. And they are very obvious varieties
that are easily discernable to the naked eye... no microscope or imagination
are necessary."
PCGS also said, "While an official statement from
the Mint regarding the design anomalies has not yet been made, speculation thus
far that the marks are tool gouges in the die leaves one wondering. On the low
position variety, the 'die gouge' is particularly
large, shaped like a leaf, and in the exact position where one would expect an
additional leaf to be. Even the high position variety, the gouge is suspiciously
'leaf like.' albeit less so than the other variety."
I wrote an email to Q. David Bowers, of American
Numismatic Rarities, asking him what he thought about the "extra leaves" on the
Wisconsin state quarters. He wrote back to me and said, "While the exact cause
of these varieties is not known at the moment, it seems to me that two different
working dies were each engraved with an extra leaf, quite carefully and with
good artistic effect. From a numismatic viewpoint, this has created varieties
that are fascinating.''
So far, no other "extra leaves" Wisconsin quarters
have been proved to be real anywhere else in the country other than Tucson or
from any other Mint than Denver. It is estimated that there are only 2,000 "high
leaf"' and 2,700 "low leaf"' coins that collectors and dealers in Tucson
know about. Wow! A set of three Wisconsin quarters: one with a normal design,
one with a "high/up" leaf and one with a "low/down" leaf would have cost a face
value of 75-cents last December, if you were lucky enough to find them at a bank
in Tucson. Now they are selling for hundreds of dollars!
No one still knows for sure if the "extra leaves" were
made on purpose or are just a mistake that happened in the minting process. No
one really knows if they are only going to be found in Tucson or in other areas
of the country too. No one really knows how many more will turn up.
But one thing I know for sure is that they sure
look neat and these "extra leaves" on the 2004-D Wisconsin state quarters is
the neatest thing to happen to the state quarter series so far!
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