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Coin Collecting: The 50 State Quarter Program
Coin collecting is one of the most popular hobbies all around the world. "Coinophiles" are everywhere. And why not? Coin collections are great educational and historical hobbies that people have treasured for centuries. One favorite type of collection that coin collectors like is National coins or coins that represent patriotism, particularly in the United States. The 50 State Quarter Collection is a series of commemorative coins between 1999 and 2008. Enacted in December or 1997, each of the 50 individual U.S. states was featured with unique designs on the reverse side of the quarter.
The purpose of the collection was to create a new generation of coin collectors and it proved itself to be successful. The 50 State Quarters program became the most successful numismatic program in history. The program was so successful that a reported 50% of Americans collected the coins, for casual fun or as a serious pursuit. A profit of $4.6 billion dollars was made by the U.S. federal government as a result of collectors taking the coins out of circulation.
Each year from 1999 until 2008, 5 states quarters were released per year:
1999: Delaware, Pennsylvania, New Jersey, Georgia, Connecticut
2000: Massachusetts, Maryland, South Carolina, New Hampshire, Virginia
2001: New York, North Carolina, Rhode Island, Vermont, Kentucky
2002: Tennessee, Ohio, Louisiana, Indiana, Mississippi
2003: Illinois, Alabama, Maine, Missouri, Arkansas
2004: Michigan, Florida, Texas, Iowa, Wisconsin
2005: California, Minnesota, Oregon, Kansas, West Virginia
2006: Nevada, Nebraska, Colorado, Nort Dakota, South Dakota
2007: Montana, Washington, Idaho, Wyoming, Utah
2008: Oklahoma, New Mexico, Arizona, Alaska, Hawaii
The collectible value of the 50 State Quarters varies. For example, a controversy over die errors in the Wisconsin quarter can value up $300 for a set of three quarters. Some designs featured corn without a smaller leaf, others with a small leaf pointing upwards and thirdly, others with a left pointing down. Upon discovering this die error, the quarter de was quickly fixed, rendering the quarters with errors, hard to find, rare and valuable. Spending $0.75 for a $299.25 profit? Not bad.
Due to the popularity of the 50 State Quarter program, the U.S. Mint started issuing quarters under the 2009 District of Columbia and U.S. Territories Program. Although this 2009 program is commonly mistaken as part of the 50 State Quarters program, it is separate program recognized by the U.S. Mint. So far there is only one release year:
2009: District of Columbia, Puerto Rico, Guam, American Samoa, U.S. Virgin Islands Northern Mariana Islands
An extremely popular collecting method for the 50 State Quarters Program is a state quarter map. Some maps are large maps that have slots for each individual quarter and some maps are books that dedicate a single page for each state.
Although the intent of the program was to increase coin collecting, it doesn't really seem like it ever stopped since everyone went crazy over the state quarters when it started over a decade ago.
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