The standard 2001 Kentucky state quarters are made of a clad composition that contains copper and nickel. Clad proof quarters and silver proof quarters were also minted and they sell for more money. Keep reading to learn more about these coins.

2001 Kentucky Quarter

Design

On the reverse side of the coin there is an image of Federal Hill and an image of a race horse. Federal Hill is the mansion where Stephen Foster wrote the words for the official state song "My Old Kentucky Home". The race horse is a tribute to Kentucky's equestrian culture. The state is famous for hosting the annual Kentucky Derby.

The year 1792 is inscribed on the coin because this was the year that Kentucky officially joined the union.

Coin Information

The US minted different series of the Kentucky quarter. There is the 2001 P quarter, 2001 D quarter, 2001 S proof quarter and 2001 S silver proof quarter.

Proof coins are essentially coins that have more detail. They are minted on special planchets and it takes longer to produce them. They are specifically made for collectors so you won't find any in your spare change.

Note: The mint mark can be found on the obverse side of each coin under the "IN GOD WE TRUST" motto.

Series Location Quantity Minted
2001 P Philadelphia 353,000,000
2001 D Denver 370,564,000
2001 S Proof San Francisco 3,094,140
2001 S Silver Proof San Francisco 889,697

Value

The value will depend on the series and the coin's condition. Below we will examine the value for each series.

Clad Quarters

The standard 2001 Kentucky clad quarters in circulated condition are only worth their face value of $0.25. These coins only sell for a premium in uncirculated condition.

Both the 2001 P Kentucky quarter and 2001 D Kentucky quarter are each worth around $1 in uncirculated condition with an MS 63 grade. Uncirculated coins with a grade of MS 65 can sell for around $5.

The 2001 S proof Kentucky quarter is worth around $8 in PR 66DC condition. The value is around $15 in PR 69DC condition.

Silver Proof Quarter

This coin is worth at least its weight in silver. The silver melt value for this coin is $5.67. This melt value is calculated from the current silver spot price of $31.33 per ounce.

The 2001 S silver proof Kentucky quarter is worth around $15 in PR 66DC condition. The value is around $20 in PR 69DC condition.

Grading System

MS 63 choice uncirculated- In the major focal areas there are some blemishes or contact marks. The coin's luster might not be as prominent.

MS 65 gem uncirculated- There is strong luster and eye appeal. A few light contact marks may be present but they are barely noticeable.

PR 66DC proof- There are minimal marks and hairlines.

PR 69DC proof- Only the slightest imperfections are present.

 

Sources:

The Red Book


See also:

2001 New York Quarter
2001 North Carolina Quarter
2001 Rhode Island Quarter
2001 Vermont Quarter