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The E-Sylum: Volume 10, Number 49, December 2, 2007, Article 32 THE LAST STATE QUARTER DESIGNS The New York Times was among many newspapers reporting this week on the last five designs in the U.S. Mint's 50 States Quarter program: "The final five designs in the popular State Quarters series were announced yesterday by the United States Mint. "The new coins will be minted and issued in 10-week intervals throughout 2008 with designs honoring Oklahoma, New Mexico, Arizona, Alaska and Hawaii. These coins wrap up the series that began in 1999 with a quarter honoring Delaware. Surveys by the Mint have found that nearly half of all Americans collect the state quarters, either in casual accumulations or as a serious numismatic pursuit. "Jay Johnson was director of the Mint in 2000 and 2001 in the early days of the program. He now works for a private company, the Franklin Mint, as its chief numismatist, supervising the production of what he calls 'enhanced' versions of the official coins by colorizing them or gold-plating them. He predicted that public interest in the state quarters would surge in the coming year. In other countries with long-running series of coins, he said, interest is usually strongest in the first and final years, as collectors realize their sets can now be completed. "But the series may get an extra breath of life. A bill to issue six more coins in 2009, honoring the District of Columbia, Puerto Rico, Guam, American Samoa, the United States Virgin Islands and the Northern Mariana Islands has been approved by the House of Representatives and is now awaiting action in the Senate banking committee." To read the complete article, see: Full Story "It costs the government around 9 to 10 cents to make a quarter, but the Mint sells the coins at face value. The increased production has amounted to an estimated $3.8 billion in extra profits for the government. "'It is one of those rare programs that actually made money for the federal government,' said Rep. Michael Castle, R-Delaware, the original sponsor of the state quarter legislation. "The quarters are scheduled to revert back to their pre-1999 designs after next year. George Washington will remain on the 'heads' side of the coin, but the 'tails' side where the state designs had been placed will once again feature an American eagle." To read the complete article, see: Full Story Wayne Homren, Editor The Numismatic Bibliomania Society is a non-profit organization promoting numismatic literature. See our web site at coinbooks.org. To submit items for publication in The E-Sylum, write to the Editor at this address: whomren@coinlibrary.com To subscribe go to: https://my.binhost.com/lists/listinfo/esylum | |
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