In a Remarkable Twist of Fate
A teenager from Oregon has stumbled upon what coin experts are calling one of the rarest and most valuable coins in American history—all hidden in the pocket of an old coat once worn by his late grandfather.
The coin, a 1970-S Washington quarter, has now been appraised at an incredible $1.8 million by top numismatists.
An Accidental Discovery
Seventeen-year-old Jake Thompson was helping his family sort through belongings in the attic when he discovered a vintage winter coat. “It still smelled old,” Jake said, “but I noticed something small and heavy in the pocket.” That small object turned out to be a shiny 1970-S quarter, which at first glance looked like ordinary spare change.
But things quickly took an unexpected turn.
Intrigued by its unusual shine and odd design, Jake handed the coin to his uncle, a longtime coin collector. His uncle immediately noticed the coin’s mirror-like finish and markings that didn’t match typical quarters from 1970.
What Makes This Coin So Valuable?
This specific 1970-S quarter is anything but ordinary. Only a few were mistakenly minted over 1941 Canadian quarters, making them unauthorized and highly sought-after mint errors. These unique features make them extremely rare in the world of coin collecting.
Experts later confirmed that Jake’s coin had all the markers of the ultra-rare proof 1970-S overstrike, including visible remnants of the 1941 Canadian date beneath the U.S. design and the “S” mintmark from the San Francisco Mint.
“These coins were never supposed to leave the U.S. Mint,” explained numismatics specialist Rachel Hill. “They are among the most fascinating and elusive mint errors ever discovered.”
Verified and Valued
The Professional Coin Grading Service (PCGS) verified the coin’s authenticity and gave it a near-flawless grade. Thanks to its pristine state and rarity, it was valued at a jaw-dropping $1.8 million. While Jake’s family hasn’t decided whether to sell, serious collectors are already expressing strong interest.
“It’s surreal,” Jake’s mother shared. “That coin sat unnoticed for decades, and now it’s worth more than a house.”
Coin Collecting Community Reacts
The discovery caused a buzz across coin forums and collector groups online. Social media platforms exploded with discussions about the find and what it means for collectors everywhere.
“This is exactly why people dig through old jars and closets,” one collector wrote on a popular forum. “You never know what treasures are hiding.”
A New Interest Sparked
Jake has since developed a deep interest in coins. “I’ve been researching coin errors and checking every coin I get,” he said. “It’s become a fun and fascinating new hobby.”
This extraordinary find is a reminder that valuable treasures can sometimes be hiding in the most unexpected places—even in the pocket of a forgotten coat.
Quick Facts About the 1970-S Quarter Error Coin:
| Feature | Details |
|---|---|
| Year | 1970 |
| Mint Mark | S (San Francisco) |
| Error Type | Overstruck on 1941 Canadian Quarter |
| Estimated Value | $1.5M to $1.8M (condition-dependent) |
| Notable Characteristics | Visible traces of Canadian coin beneath the U.S. design |
Also Read: A $3.5 Million 1913 Liberty Head Nickel Sat in a Cookie Tin for 40 Years
Final Thoughts
Rare coins are still being found in the most unexpected places. Whether you’re a seasoned collector or just curious, take a second look at the coins in your home. Jake Thompson’s discovery proves that sometimes, a little curiosity can lead to a million-dollar surprise—and a lifelong passion for history.
FAQs
Q1: How can I tell if I have a 1970-S error quarter?
Look for a strong proof finish, an “S” mintmark, and traces of a 1941 Canadian coin beneath the surface.
Q2: How many 1970-S quarters were made with this error?
Only a small number were accidentally produced, making them extremely rare.
Q3: Where was the coin graded and verified?
The Professional Coin Grading Service (PCGS) authenticated and graded the coin.
Q4: Can I find valuable coins in everyday pocket change?
Yes, valuable coins do turn up occasionally. Checking for mint errors and rare years can pay off.
