Coin Collections and State Quarters

Coin Collections and State Quarters

Coin collections are getting more and more popular
these days. A lot of people are already into
collecting coins. You see, this hobby is interesting
and can be considered an excellent pastime. If you
want to start your very own coin collection and you
have no idea where to begin, you should check out the
State Quarters.

What are State Quarters all about? Way back in 1997,
an act was approved and it was called Fifty State
Quarter Program. The program started in that same year
and it is still running up to present (2008). The Act
is quite popular and in fact, it is the most
well-known minted series of coins in the US Mint
history.

In 1998, five latest state quarters were released and
it continued for a period of ten years, so it would
end this year. Every 10 weeks, a quarter is again
released. These quarters are never released for public
use because it is minted.

The program also devised a new and unique method of
issuing coins – the state quarters were issued based
on the year they became part of the US. The state
quarters are minted and you can see George
Washington’s image at the obverse or front side while
on the reverse or back side, you will find a
noteworthy design about the specific state.

The program will end this year (2008) and after that,
the coins will again be designed normally, with the
reverse side having an eagle design.

Don’t you think collecting these coins is worthy?

Since the program will end this year, you still have a
chance to collect such coins. You will find it hard to
obtain the coins once the program is over because the
coins will be considered collectors items already and
it will be a bit costly on your part.

So, what makes these minted coins different?

Each state gets a chance to choose a unique design
which is of great importance to it and the current
governor of the state will determine the process of
selection. Some of the states designate a certain
design committee while other states held contests
among the residents who can come up with a significant
and unique design. Some states post various designs of
the coin in their official site and the residents
simply place online votes and the coin that gets the
highest votes win.

The coins are greatly in demand and besides, these
coins will not be minted ever again. The price of
these state quarters will naturally increase as years
pass and currently, some of the older state coins
amounts to $1 each or even more depending on its
condition. Some coin collectors are also into ‘error
coins’ collection and these flawed coins can cost more
or less $500 each.

The program of State Quarters has definitely gained
extreme popularity in the US and some people are
already into some sort of business revolving on the
said minted coins. Coin holders are popular and coin
collectors can purchase them so that they can keep
their collections in an attractive holder.

Youngsters and old alike can now start collecting
coins through the State Quarters. If you want, you can
inquire at your local state office and see if the
coins are still available. But you must hurry since
the program ends this year.