In numismatic collecting, some coins can fetch astounding prices. One notable example is the 2008 Alaska 25-cent coin, which can be worth more than $750 on the collector’s market. If you have an interest in coin collecting or simply wonder about the value of your pieces, this coin represents an excellent case study.
In 1999, the United States Mint initiated the “50 State Quarters” program, which ran through 2008. This program issued a series of commemorative coins depicting each of the 50 states of the union, with a distinctive design for each state. The initiative attracted the attention of collectors and numismatic enthusiasts across the country, and the coins from this program are valuable not only for their historical significance, but also for their potential in the collector market.
The Alaskan coin is highly appreciated in the United States numismatics
The 2008 25-cent coin depicting Alaska is a particularly noteworthy piece. As part of the final year of the program, this coin captures the essence of the 40th state in the Union.
The reverse design features a grizzly bear emerging from the waters with a salmon in its mouth, accompanied by the North Star and the words “The Great Land” and “Alaska.” This design celebrates the rich wildlife and natural beauty of the state.
The obverse of the coin features the bust of President George Washington. The inscriptions “UNITED STATES OF AMERICA,” “LIBERTY,” “IN GOD WE TRUST” and “QUARTER DOLLAR” complete the image. This design is common on United States quarters and provides a familiar context for collectors.
To determine the value of the 2008 Alaska quarter, it is crucial to know the mint mark of the mint that struck it. The coin with the Denver Mint mark (“D”) is particularly valuable. There were 254,000,000 of this coin minted in Denver, but the value can vary widely depending on the state of preservation.
How coins are classified in the United States
The Professional Coin Grading Service (PCGS) grades coins into different grades of preservation. Coins in MS-64 condition have an approximate value of up to $5. Those in MS-65 condition can also be worth up to $5. However, coins in MS-66 condition can be worth up to $12 dollars. Coins in MS-67 condition are significantly more valuable, fetching up to $110.
What is truly exceptional is the MS-68 state coin, which can fetch up to $775. This high value is due to its near flawless quality and rarity in the marketplace. Coins in this condition are highly coveted by collectors and can be a lucrative investment. This example underscores how coin collecting is not only a hobby, but also a potential source of income.
The 2008 Alaska quarter demonstrates that, with the right state of preservation, a common coin can have considerable value. If you have one of these coins in your collection, check its condition and consider getting it professionally appraised.