2004 Quarter Value (2026 Guide): Errors List, “D”, “S” & “P” Mint Mark Worth

2004 Quarter Value

Most circulated 2004 quarters sit in your wallet at face value, worth just $0.25. But the 2004 Quarter value changes dramatically depending on condition, mint mark, and variety.

Regular strikes in higher grades can reach $9.75 for a Florida D quarter or $17.88 for a Texas P in mint state, with proof coins valued at $6.67 to $8.78. Special varieties, particularly the Wisconsin “Extra Leaf” quarters, command significantly higher premiums.

Whether you’re sorting through circulation finds or building a specialized collection, these quarters from the 50 State Quarters Program offer varying opportunities based on mint mark, condition, and special features.

 

2004 Quarter Value By Variety

The chart below breaks down values across mint marks and special editions, showing exactly what collectors can expect for each variety in different conditions.

If you know the grade of your coin, you can find the exact price below in the Value Guides section.

2004 Quarter Value Chart

TYPEGOODFINEAUMSPR
2004 P Michigan Quarter Value$0.25$0.32$0.79$6.29
2004 D Michigan Quarter Value$0.25$0.32$0.79$8.38
2004 P Florida Quarter Value$0.25$0.32$0.79$6.86
2004 D Florida Quarter Value$0.25$0.32$0.79$9.75
2004 P Texas Quarter Value$0.25$0.32$0.79$17.88
2004 D Texas Quarter Value$0.25$0.32$0.79$10.12
2004 P Iowa Quarter Value$0.25$0.32$0.79$9.29
2004 D Iowa Quarter Value$0.25$0.32$0.79$9.12
2004 P Wisconsin Quarter Value$0.25$0.32$0.79$6.57
2004 D Wisconsin Quarter Value$0.25$0.32$0.79$11.75
2004 S Michigan DCAM Quarter Value$7.11
2004 S Florida DCAM Quarter Value$7.11
2004 S Texas DCAM Quarter Value$6.67
2004 S Iowa DCAM Quarter Value$7.11
2004 S Wisconsin DCAM Quarter Value$7.11
2004 S Michigan Silver DCAM Quarter Value$15.11
2004 S Florida Silver DCAM Quarter Value$15.11
2004 S Texas Silver DCAM Quarter Value$15.11
2004 S Iowa Silver DCAM Quarter Value$15.11
2004 S Wisconsin Silver DCAM Quarter Value$15.11
Updated: 2026-03-20 02:04:07

Also Read: State Quarter Value (1999-2008)

 

Top 10 Most Valuable 2004 Quarter Worth Money

Most Valuable 2004 Quarter Chart

2006 - Present

The 2004 quarter value reveals significant price variations among different state quarters and mint varieties.

Wisconsin Extra Leaf quarters dominate the top positions. These coins feature an additional leaf on the corn stalk — an anomaly not present in the official design — with both High Leaf and Low Leaf varieties present.

The 2004-D Wisconsin Extra Leaf Low in grade MS67 leads at $6,000. Several other Wisconsin Extra Leaf specimens appear in the rankings, ranging from $1,528 to $2,530 depending on grade and variety.

Other state quarters also command premium prices in top grades. The 2004-P Texas quarter in grade MS69 reaches $3,055, while Iowa quarters in grades MS68–MS69 range from $1,500 to $1,840. And the 2004-S Michigan Silver proof in perfect PR70 is valued at $1,265, confirmed by a June 2005 Heritage Auctions sale.

Grade significantly impacts value. Factors like sharp strike, full luster, and absence of contact marks are crucial for achieving high grades. The prices reflect specimens that are substantially superior to typical circulated examples.

 

History of The 2004 Quarter

The 2004 installment of the 50 State Quarters Program honored five states in the order they joined the Union. This continued the ten-year initiative that began in 1999, authorized by Congress through Public Law 105-124 and signed by President Bill Clinton on December 1, 1997.

Michigan’s quarter was released on January 26, followed by Florida on March 29, Texas on June 1, Iowa on August 30, and Wisconsin on October 25.

Each state’s governor proposed their quarter’s design theme, which was then finalized by U.S. Mint designers. The program maintained its educational mission throughout 2004, helping Americans learn about state history and geography.

By this point, approximately 147 million Americans were collecting the quarters, making it the most successful coin initiative in U.S. history. All five designs had a combined business strike mintage exceeding 2.3 billion coins, spread across the Philadelphia (P) and Denver (D) mints.

Later that year, collectors discovered special varieties from the Denver Mint featuring an extra leaf on the Wisconsin quarter’s corn stalk, which became famous within the numismatic community. Most of these coins were found in the Southwest and Midwest, with the highest concentration discovered in Arizona and Texas, hinting at a regional distribution batch.

The U.S. Mint also continued offering special proof sets in 2004, including silver versions for dedicated collectors. Each state design had a mintage of 2,740,684 clad proofs and 1,769,786 silver proofs, all struck at the San Francisco (S) Mint.

Also Read: Top 100 Most Valuable Modern Quarters Worth Money List (1965-Present)

 

Is Your 2004 Quarter Rare?

10

2004-P Michigan Quarter

Common
Ranked 116 in Washington 50 States Quarters
10

2004-D Michigan Quarter

Common
Ranked 187 in Washington 50 States Quarters
10

2004-P Florida Quarter

Common
Ranked 102 in Washington 50 States Quarters
10

2004-D Florida Quarter

Common
Ranked 103 in Washington 50 States Quarters
10

2004-P Texas Quarter

Common
Ranked 65 in Washington 50 States Quarters
10

2004-D Texas Quarter

Common
Ranked 146 in Washington 50 States Quarters
10

2004-P Iowa Quarter

Common
Ranked 112 in Washington 50 States Quarters
10

2004-D Iowa Quarter

Common
Ranked 114 in Washington 50 States Quarters
10

2004-P Wisconsin Quarter

Common
Ranked 110 in Washington 50 States Quarters
10

2004-D Wisconsin Quarter

Common
Ranked 123 in Washington 50 States Quarters
10

2004-S Michigan DCAM Quarter

Common
Ranked 300 in Washington 50 States Quarters
10

2004-S Florida DCAM Quarter

Common
Ranked 302 in Washington 50 States Quarters
10

2004-S Texas DCAM Quarter

Common
Ranked 289 in Washington 50 States Quarters
10

2004-S Iowa DCAM Quarter

Common
Ranked 294 in Washington 50 States Quarters
10

2004-S Wisconsin DCAM Quarter

Common
Ranked 273 in Washington 50 States Quarters
10

2004-S Michigan Silver DCAM Quarter

Common
Ranked 261 in Washington 50 States Quarters
10

2004-S Florida Silver DCAM Quarter

Common
Ranked 255 in Washington 50 States Quarters
11

2004-S Texas Silver DCAM Quarter

Common
Ranked 50 in Washington 50 States Quarters
11

2004-S Iowa Silver DCAM Quarter

Common
Ranked 52 in Washington 50 States Quarters
11

2004-S Wisconsin Silver DCAM Quarter

Common
Ranked 51 in Washington 50 States Quarters

CoinValueChecker App provides instant identification and grade estimates to help collectors evaluate their 2004 quarters and discover potential rare varieties.

 

Key Features of The 2004 Quarter Value Coins

Understanding the distinctive features of the 2004 50 State Quarters helps collectors identify these coins and appreciate their design elements. Each 2004 quarter shares common technical specifications while displaying unique state-specific reverse designs.

The following sections examine the obverse design elements, the five different reverse designs representing Michigan, Florida, Texas, Iowa, and Wisconsin, and the coins’ physical characteristics.

The Obverse Of The 2004 Quarter

The Obverse Of The 2004 Quarter

The obverse of the 2004 State Quarter shows the standard Washington Quarter design, adapted from John Flanagan’s original 1932 portrait. The profile of George Washington faces left, just as in the original design.

“LIBERTY” appears to the front of the portrait, “IN GOD WE TRUST” and the mint mark appear to the right, and “UNITED STATES OF AMERICA” arcs along the top. The mint mark — P for Philadelphia, D for Denver, or S for San Francisco — is the first thing to check when assessing value.

The Reverse Of The 2004 Quarter

The Reverse Of The 2004 Quarter

The 2004 quarters feature five distinct reverse designs. Each design includes the state’s name, year of admission to the Union, the year “2004,” and the motto “E Pluribus Unum.”

Michigan Quarter: Features a textured outline of the state and the outline of all five of the Great Lakes, inscribed “Great Lakes State”. The design shows “Michigan 1837” and represents the state’s connection to four of the five Great Lakes.

Florida Quarter: Features a space shuttle, a Spanish galleon ship, and a section of land with palm trees. The inscription reads “Gateway to Discovery”. Shows “Florida 1845” and symbolizes the state’s history of exploration from Spanish colonial times to modern space exploration. Designer Ralph Butler was the first publicly acknowledged U.S. Mint designer, which adds a unique story to this coin.

Texas Quarter: Features a single star over a topographic outline of the state with a rope lariat border that honors the ranchers and cowboys. Inscribed “The Lone Star State”, shows “Texas 1845” and represents the state’s unique history as a former independent republic. Artist Daniel Miller from Arlington chose a minimalist design after nearly 2,600 submitted designs were considered.

Iowa Quarter: Based on the painting Arbor Day by Iowa native Grant Wood, featuring a trio of students and their teacher planting a tree before their one-room schoolhouse. Inscribed “Foundation in Education” and includes the artist’s name “Grant Wood”. Shows “Iowa 1846” — the painting was actually created by Wood in 1932 as a tribute to two teachers at McKinley Junior High School where he had previously taught art.

Wisconsin Quarter: Features a cow, an ear of corn, and a truckle of cheese. Inscribed with the state motto “Forward”, shows “Wisconsin 1848”. Mint sculptor-engraver Alfred F. Maletsky adapted the design from a farm illustration by Wisconsin resident Rose Marty, and it became his last artistic work before retiring on December 31, 2003.

Other Features Of The 2004 Quarter

The 2004 quarters have a reeded edge, measure 24.30 millimeters in diameter, and weigh 5.67 grams. All regular circulation State Quarters were clad — meaning they are 75% copper with a nickel outer layer and a solid copper core. These coins contain no silver and have no intrinsic precious metal value.

The silver proof versions tell a different story. Each 2004-S Silver Proof quarter contains 90% silver and 10% copper, with an actual silver weight (ASW) of 0.1808 troy ounces. With silver trading around $33–$35 per troy ounce in early 2026, the melt value alone sits around $6.00–$6.30 per coin, exceeding the numismatic value of low-grade examples.

Also Read: Washington Quarter Value (1932-1998)

 

2004 Quarter Value Mintage & Survival Data

2004 Quarter Mintage & Survival Chart

Mintage Comparison

Survival Distribution

TypeMintageSurvivalSurvival Rate
P Michigan233,800,000198,730,00085%
P Florida240,200,000204,170,00085%
P Texas278,800,000236,980,00085%
P Iowa213,800,000181,730,00085%
P Wisconsin226,400,000192,440,00085%

The 2004 quarter mintage data reveals notable variations among the five state designs released that year.

Texas quarters reached the highest combined mintage — 278.8 million from Philadelphia and 263.0 million from Denver — while Iowa quarters recorded the lowest Philadelphia output at 213.8 million. The remaining three states fell within this range, with Florida at 240.2 million (P) and 241.6 million (D), Michigan at 233.8 million (P) and 225.8 million (D), and Wisconsin at 226.4 million (P) and 226.8 million (D).

All five designs maintain an 85% survival rate, meaning the current estimated populations range from approximately 181.7 million Iowa quarters to 237.0 million Texas quarters still in existence. The consistent survival rate suggests similar circulation and collection behaviors during this period of the program.

For proof coins, each state design had a clad proof mintage of 2,740,684 and a silver proof mintage of 1,769,786 — both struck exclusively at the San Francisco Mint. The 2004-P Iowa quarter stands as one of the scarcest circulating 50 State Quarters, making it more challenging for collectors to locate in circulation today.

Also Read: America The Beautiful Quarters Value (2010-2021)

 

The Easy Way to Know Your 2004 Quarter Value

Checking your 2004 quarter value starts with examining the mint mark located under “IN GOD WE TRUST” on the obverse — look for P, D, or S designations. Next, inspect for the “Extra Leaf” and minting errors like doubled dies, die cracks, or struck-through, which can significantly boost value.

A standard digital kitchen scale accurate to 0.01 grams is also handy. A normal 2004 clad quarter weighs 5.67 grams; if yours weighs around 4.7 grams, it may have a missing clad layer error. For silver proof quarters, the weight is slightly higher at 6.25 grams due to the denser silver-copper composition.

For instant, accurate analysis, CoinValueChecker App provides grade and error detection, making it simple to understand what your 2004 quarters are truly worth.

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CoinValueChecker APP Screenshot

 

2004 Quarter Value Guides

The 2004 quarter series commemorated Michigan, Florida, Texas, Iowa, and Wisconsin, marking the sixth year of the State Quarters Program. Here are the main five varieties:

  • 2004 Michigan Quarter – State outline with Great Lakes system depicted
  • 2004 Florida Quarter – Spanish galleon, space shuttle, and palm trees featured
  • 2004 Texas Quarter – Lone star over state outline, encircled by lariat
  • 2004 Iowa Quarter – Grant Wood’s schoolhouse with teacher planting tree scene
  • 2004 Wisconsin Quarter – Cow, cheese wheel, and corn showcasing dairy heritage

While circulated examples typically hold face value, special varieties from this series can command significant premiums. The Wisconsin quarter notably includes “Extra Leaf” varieties on Denver-minted specimens, making it particularly sought-after.

Each reverse design honors the state’s unique heritage through carefully selected symbols and historical references.

 

2004 Michigan Quarter Value

2004 Michigan Quarter Value

The 2004 Michigan Quarter sparked controversy as the only coin in the 50 State Quarters series depicting nothing within the state — just its outline and the surrounding Great Lakes. This minimalist approach drew sharp criticism from collectors and numismatic writers who felt it missed an opportunity to showcase Michigan’s rich heritage.

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Philadelphia struck 233.8 million pieces while Denver produced 225.8 million. Circulated examples remain at face value, but uncirculated specimens graded MS65 command around $5, and those achieving MS67 can reach approximately $20.

For silver proof coins, grading matters a great deal. PCGS and NGC both use the designation DCAM (Deep Cameo) — meaning the coin has heavily frosted design elements against deeply mirror-like fields — to identify the most desirable proofs. The top auction record for the 2004-S Michigan Silver proof stands at $1,265 for a PR70 example sold at Heritage Auctions on June 2, 2005. Silver proof versions contain 90% silver (ASW: 0.1808 oz) with a mintage of 1,769,786.

2004-P Michigan Quarter Price/Grade Chart

Price by 1-70 Grade (Latest Auction Records Included)

Updated: 2026-03-20 02:04:08

You’ll find this coin’s complete auction history laid out in the table below.

Date PlatformPrice Grade

And market activity trends from the past year follow in the accompanying chart.

Market Activity: 2004-P Michigan Quarter

 

2004 Florida Quarter Value

2004 Florida Quarter Value

The 2004 Florida Quarter tells a sweeping story across five centuries — from 16th-century Spanish galleons to modern space shuttles. Designer Ralph Butler, the first publicly acknowledged U.S. Mint designer, intentionally created a “narrative feel” rather than simply placing symbols on the coin.

Philadelphia struck 240.2 million pieces and Denver struck 241.6 million. A 2004-P specimen in MS69 condition achieved $646 at Heritage Auctions in December 2016, demonstrating strong market appreciation for exceptional preservation. The jump to this premium grade is significant — while coins through MS67 remain accessible, MS68 specimens become considerably scarcer, and MS69 represents truly elite territory.

One unusual and extremely rare error to watch for on this design is a Florida quarter struck on a 5-cent nickel planchet, which has realized between $1,437 and $1,610 in certified mint state grades. Always verify weight (a normal clad quarter weighs 5.67g; a nickel planchet weighs around 5.0g) if you suspect a wrong planchet error. For proof versions, one 2004-S Florida Silver PR70 sold for $287 in 2013, underscoring sustained interest in top-grade proofs.

2004-P Florida Quarter Price/Grade Chart

Price by 1-70 Grade (Latest Auction Records Included)

Updated: 2026-03-20 02:04:08

For those tracking this coin’s market trajectory, detailed auction results spanning nearly two decades provide valuable pricing context.

Date PlatformPrice Grade

The market patterns reveal how collector demand has evolved in recent months.

Market Activity: 2004-P Florida Quarter

 

2004 Texas Quarter Value

2004 Texas Quarter Value

The 2004 Texas Quarter was the result of a rigorous selection process. From nearly 2,600 submitted designs, the Texas Numismatic Association narrowed selections to 17 finalists before Governor Rick Perry made the final choice. Artist Daniel Miller from Arlington deliberately chose a minimalist approach, believing no single animal could adequately represent the Lone Star State.

Philadelphia struck 278,800,000 quarters while Denver produced 263,000,000 — the highest combined mintage of any 2004 design. Standard circulation examples hold face value, but uncirculated specimens graded MS67 trade at $16–$28. Higher grades become increasingly rare, with MS68 specimens proving tough and MS69 examples remaining very scarce — fewer than 40 are known — with values ranging from $475 to $3,055. A 2004-P Texas in MS69 achieved $3,055 at auction, the highest documented price for any non-variety 2004 Philadelphia quarter.

San Francisco produced both clad and silver proofs exclusively for collectors. Clad proofs graded PR70 sell for roughly $28, while silver proofs in the same grade fetch around $50. A confirmed die clash error on a 2004-P Texas quarter sold for $935 at a 2007 sale — a notable result for an error that can be tricky to spot without magnification.

2004-P Texas Quarter Price/Grade Chart

Price by 1-70 Grade (Latest Auction Records Included)

Updated: 2026-03-20 02:04:08

Collectors can examine this coin’s past sales data in this table.

Date PlatformPrice Grade

The past year’s activity chart reveals current market patterns and collector interest trends.

Market Activity: 2004-P Texas Quarter

 

2004 Iowa Quarter Value

2004 Iowa Quarter Value

The Iowa quarter’s reverse features a one-room schoolhouse with a teacher and students planting a tree. The image is based on the 1932 Grant Wood painting Arbor Day, which Wood originally created as a tribute to two deceased teachers at McKinley Junior High School where he had taught art. Chief Engraver John Mercanti adapted the painting for the quarter.

Philadelphia struck 213.8 million pieces — the lowest Philadelphia output of any 2004 design. Uncirculated Philadelphia specimens trade at $5–$85 depending on grade. MS68 represents the highest certified grade for the P mint with only 21 examples known, one of which achieved $1,500 in 2019. A single Denver MS68+ specimen is valued near $90, and 11 Denver coins have reached MS69 grade — one selling for $1,840 in 2007.

A notable variety to look for is the 2004-P Iowa Doubled Die Reverse (DDR), catalogued as FS-801 in the Cherrypickers’ Guide — the leading reference book for U.S. coin varieties. This variety shows doubling on the vertical window panes of the schoolhouse and requires 10x magnification to confirm. Certified examples of this FS-801 variety are worth $75–$150+. A 2004-S Iowa Silver proof in perfect PR70 has sold for $230, a solid result for top-grade modern proofs.

2004-P Iowa Quarter Price/Grade Chart

Price by 1-70 Grade (Latest Auction Records Included)

Updated: 2026-03-20 02:04:08

The complete auction history appears in the detailed price records table below.

Date PlatformPrice Grade

Recent market activity trends can be tracked through the chart below.

Market Activity: 2004-P Iowa Quarter

 

2004 Wisconsin Quarter Value

2004 Wisconsin Quarter Value

The reverse design of the Wisconsin Quarter was inspired by Rose Marty, a Wisconsin resident who lived on a farm in Monticello. Mint sculptor-engraver Alfred F. Maletsky transformed her farm illustration into the coin’s final design — his last artistic work before retiring on December 31, 2003.

Philadelphia and Denver struck the circulation coins (226.4 million and 226.8 million respectively), while San Francisco handled the proof issues. Each proof variety had a clad mintage of 2,740,684 and a silver mintage of 1,769,786. According to the NGC Price Guide, 2004 Wisconsin clad proofs in PF70 Ultra Cameo (the top designation) are worth up to $40, while silver proofs in PF70 Ultra Cameo reach up to $55. A notable auction record stands at $275 for a PR69DCAM specimen sold on eBay on November 21, 2020.

DCAM stands for Deep Cameo — a designation used by PCGS — while NGC uses “Ultra Cameo” for the same quality level. Both mean the coin has heavily frosted design devices against deeply reflective, mirror-like fields, making them the most visually striking and valuable proof coins.

2004-P Wisconsin Quarter Price/Grade Chart

Price by 1-70 Grade (Latest Auction Records Included)

Updated: 2026-03-20 02:04:08

The coin’s historical auction results illustrate its performance and value trends in the collector market.

Date PlatformPrice Grade

Here is a record of notable auction results that reveal the price trajectory of the Wisconsin Quarter.

Market Activity: 2004-P Wisconsin Quarter

2004-D Wisconsin Extra Leaf Low Quarter Value

2004-D Wisconsin Extra Leaf Low Quarter Value

The 2004-D Wisconsin quarter from the Denver Mint exists in three distinct forms: the standard issue and two die variations known as the Extra Leaf High and Extra Leaf Low. These are the only two major varieties in the entire 50 State Quarters Program.

The Extra Leaf Low variety shows an apparent extra leaf positioned low on the husk of corn, creating a curved arc near the base of the corn stalk. According to numismatic research, the artifact resulted when a tool with a rounded edge was deliberately impressed into the working die, though some experts believe metal shavings accidentally lodged in the die created a gouge during striking. Either way, both PCGS and NGC officially recognize and certify the variety.

Estimates suggest 20,000 to 50,000 coins of each variety exist, with most discovered in the Southwest and Midwest regions. All Extra Leaf quarters have a Denver “D” mint mark — there are no Philadelphia or San Francisco versions of this variety. Circulated examples typically sell for $50–$150 depending on condition, while MS65 specimens sell around $175 and MS66 reaches approximately $385. In January 2020, a PCGS-graded MS67 Extra Leaf Low achieved a remarkable $6,000 — the top auction record for this variety.

Collectors seeking these quarters should carefully examine the corn stalk area under magnification. Genuine die gouges leave a raised feature; recessed marks or scratches are post-mint damage and not a true variety.

2004-D Wisconsin Extra Leaf Low Quarter Price/Grade Chart

Price by 1-70 Grade (Latest Auction Records Included)

Updated: 2026-03-20 02:04:08

For detailed auction outcomes across various grades and dates, review the complete sales data below.

Date PlatformPrice Grade

The past twelve months have shown consistent market activity in the numismatic marketplace.

Market Activity: 2004-D Wisconsin Extra Leaf Low Quarter

2004-D Wisconsin Extra Leaf High Quarter Value

2004-D Wisconsin Extra Leaf High Quarter Value

Among the two Extra Leaf variations from Denver’s 2004 Wisconsin quarter, the High Leaf proves notably scarcer. The Extra Leaf High displays an element extending upward at a sharper vertical angle from the corn stalk’s base — contrasting the Low Leaf’s downward curve. Heritage Auctions has called the Extra Leaf High “the key to the State Quarter series,” a strong endorsement from one of the world’s leading coin auction houses.

Market data reflects this premium. NGC Price Guide values for MS65 specimens average $270, exceeding the Low Leaf’s $160 by roughly 49%. An MS66 achieved $2,530 at Heritage Auctions in July 2006, and an MS67 reached $2,280 at Heritage in January 2019. PCGS places a current value of $3,200 on an MS67, though realized prices at auction have run somewhat lower in recent years. A 2021 GreatCollections auction saw an NGC-graded MS67 example sell for $825, illustrating the gap between price guide values and actual realized prices.

As fewer high-grade examples surface and this variety recedes into history, specimens with original surfaces and strong eye appeal may appreciate. Limited populations at MS67 and above enhance premium-grade investment potential for serious collectors.

2004-D Wisconsin Extra Leaf High Quarter Price/Grade Chart

Price by 1-70 Grade (Latest Auction Records Included)

Updated: 2026-03-20 02:04:08

To understand its current market position, we can examine both historical auction results and recent trading activity.

Date PlatformPrice Grade

Recent auction performance demonstrates collector interest across multiple grade levels and certification services.

Market Activity: 2004-D Wisconsin Extra Leaf High Quarter

Also Read: 22 Rare Quarter Errors List with Pictures (By Year)

 

Rare 2004 Quarter Value Error List

The year 2004 marked the sixth year of the U.S. Mint’s 50 State Quarters Program. While millions of these quarters entered circulation without issue, a small fraction escaped the mint with production anomalies that transformed ordinary pocket coins into numismatic treasures.

Error collectors prize these coins not only for their rarity but also for the mysteries surrounding their origins. Below are the most notable errors from this year that continue to attract attention at auctions and in collector circles.

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1. Double Strike Errors

A double strike occurs when a coin fails to eject from the striking chamber and receives a second impression from the dies. The planchet typically shifts or rotates between strikes, producing overlapping designs.

After the initial strike, the coin should exit the press, but when it remains in place, the dies descend again — flattening portions of the first impression while adding new design elements at a different position. Coins with significant rotation or off-center second strikes command higher premiums than those with slight shifts.

A 2004-D Iowa quarter graded MS65 with an obverse double strike sold for $1,010 at Heritage Auctions. Both PCGS (Professional Coin Grading Service) and NGC (Numismatic Guaranty Company) certify these errors, helping distinguish genuine specimens from post-mint alterations.

2. Missing Clad Layer Errors

Modern U.S. quarters consist of a copper core sandwiched between two nickel outer layers. When bonding fails during planchet production, a coin displays bright copper on one side while retaining its normal silvery appearance on the other.

Impurities in the metal alloy can weaken molecular bonds between layers, causing a clad layer to lift or peel away before striking. Weight provides a reliable test: a quarter missing its full reverse clad layer typically weighs approximately 4.7 grams rather than the standard 5.67 grams. Never confuse a chemically stripped coin (which shows tool marks or uneven surface) with a genuine missing clad layer error.

State design sides exposed in copper command the highest premiums. A 2004-D Florida quarter displaying both obverse and reverse partial missing clad realized $1,035 at GreatCollections.

3. Struck-Through Errors

Struck-through errors occur when foreign material interposes between the die and planchet during striking. The obstruction prevents complete metal flow into die recesses, leaving affected areas weak, distorted, or entirely absent.

Common culprits include accumulated grease, metal shavings, and cloth fibers. Genuine struck-through areas display smooth, uniform surfaces where design should appear — post-mint damage, by contrast, typically shows scratches or tool marks. “Struck-through and retained” specimens, where the foreign object remains embedded in the coin, are approximately 100 times rarer than standard struck-throughs.

A 2004-P Iowa quarter graded MS65 with a reverse struck-through grease error sold for $1,230 at Heritage Auctions in 2020.

4. Die Clash Errors

A die clash happens when the obverse and reverse dies strike each other without a planchet between them. This transfers a faint ghost image of one die’s design onto the opposite die, which then shows up on subsequently struck coins.

On a clashed coin, you might notice a faint impression of the reverse design appearing on the obverse, or vice versa. The error is subtle and best identified with a loupe under good lighting at different angles. A 2004-P Texas quarter graded MS64 with a die clash error sold for $935 in 2007, making this a worthwhile variety to seek in your pocket change.

5. Improperly Annealed (Mis-Annealed) Planchet Errors

Annealing is the controlled process of heating and cooling planchets to prepare them for striking. When this process goes wrong — too much or too little heat — the resulting coin can display dramatic color changes ranging from dark brown to bright orange.

A 2004-P Michigan quarter with a mis-annealed planchet graded MS65 by PCGS has appeared at GreatCollections, representing an unusual and visually striking type of production error. These color-shifted coins attract both error collectors and those who simply appreciate unusual-looking coins.

 

Where To Sell Your 2004 Quarter?

After establishing your 2004 quarter’s value, selecting appropriate selling venues becomes the practical next step. Different platforms offer distinct features, fees, and buyer audiences suited to coin transactions.

Check out now: Best Places To Sell Coins Online (Pros & Cons)

 

2004 Quarter Market Trend

Market Interest Trend Chart - 2004 Quarter

*Market Trend Chart showing the number of people paying attention to this coin.

 

FAQ About 2004 Quarter Value

1. Are all 2004 Wisconsin quarters valuable?

No. Only the Denver Mint coins bearing the Extra Leaf High or Extra Leaf Low variety hold significant value above face value. Regular 2004 Wisconsin quarters without the extra leaf are worth their face value of 25 cents in circulated condition, and even uncirculated standard examples typically trade for less than $10 unless they achieve exceptional MS68+ grades.

2. How can I identify the Extra Leaf variety on my 2004 quarter?

First, confirm the coin shows a “D” mint mark beneath “IN GOD WE TRUST” on the obverse — all Extra Leaf quarters are Denver Mint coins. Then examine the reverse corn stalk at the bottom left under 10x magnification. The extra leaf appears as a raised element extending from the corn stalk’s base; if it points sharply upward it is the High Leaf, and if it curves roughly parallel to the ground it is the Low Leaf. Recessed marks or scratches are post-mint damage and not a true variety.

3. What are 2004-D Wisconsin Extra Leaf quarters worth?

Values depend on grade and variety. NGC values Extra Leaf High quarters in MS65 at $270 and Extra Leaf Low examples at $160. In top grades, auction records show an MS66 Extra Leaf High achieved $2,530 at Heritage in 2006 and an MS67 reached $2,280 in 2019. An MS67 Extra Leaf Low sold for $6,000 in January 2020. Circulated examples typically sell for $50–$150 depending on condition.

4. What does DCAM mean on a proof 2004 quarter?

DCAM stands for Deep Cameo, a designation used by PCGS to indicate that a proof coin has heavily frosted, almost satiny design elements contrasting sharply against deeply mirror-like fields. NGC uses the term “Ultra Cameo” for the same quality level. DCAM/Ultra Cameo coins are the most visually attractive and valuable version of any proof coin — for example, a 2004-S Wisconsin Silver PR70 Ultra Cameo is worth up to $55 per the NGC Price Guide.

5. How much silver is in a 2004-S Silver Proof quarter?

Each 2004-S Silver Proof quarter contains 90% silver and 10% copper, with an actual silver weight (ASW) of 0.1808 troy ounces. With silver trading around $33–$35 per troy ounce in early 2026, the melt value is approximately $6.00–$6.30 per coin. This means even low-grade or damaged silver proof quarters are worth above face value based on metal content alone.

6. What is the Iowa quarter DDR variety and is it worth money?

The 2004-P Iowa Doubled Die Reverse (DDR), catalogued as FS-801 in the Cherrypickers’ Guide, shows clear doubling on the vertical window panes of the schoolhouse on the reverse. It requires 10x magnification to confirm definitively, since minor die chips on the same windows are common and virtually worthless. Certified FS-801 specimens are worth $75–$150+, making them a rewarding find for careful searchers.

7. Why is the 2004-P Iowa quarter considered scarce?

The 2004-P Iowa quarter had the lowest Philadelphia Mint output of any 2004 design at 213.8 million pieces. Combined with an 85% survival rate, approximately 181.7 million examples are estimated to still exist. While that sounds like a lot, it is lower than any other 2004 Philadelphia issue, making it the toughest of the five designs to find in today’s circulation — especially in high grades.

8. What is the clad proof mintage for the 2004 quarters?

Each of the five 2004 state quarter designs had a clad proof mintage of 2,740,684, all struck at the San Francisco Mint exclusively for collector proof sets. The silver proof version of each design had a mintage of 1,769,786. These coins feature mirror-like fields and frosted design details not found on circulation strikes, and they carry an “S” mint mark on the obverse.

9. Can I find a 2004 Wisconsin Extra Leaf quarter in pocket change?

It is possible but rare. Estimates suggest 20,000 to 50,000 coins of each Extra Leaf variety were produced, and most were originally distributed in the Southwest and Midwest — especially Arizona and Texas. The certified populations at PCGS and NGC are significantly lower than the estimated mintage, so many genuine examples have never been submitted to a grading service. Your best strategy is to search Denver-mint Wisconsin quarters under magnification, focusing on the corn stalk at the lower left.

10. Should I clean my 2004 quarter before sending it to PCGS or NGC?

Never clean a coin before submitting it for grading. Cleaning — even with soap and water — removes original mint luster and creates hairline scratches visible under magnification. Both PCGS and NGC assign a “details” or “cleaned” designation to coins showing evidence of cleaning, which drastically reduces their certified value. Present coins exactly as found; a coin with original surfaces, even if slightly toned, will always grade higher than a cleaned example.

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