Nothing in recent years has done more to popularize coin collecting than the 50 State Quarter Program Act of 1997. This unique Act runs from 1998 until 2008 is easily the most popular minted coin series in the history of the U.S. Mint.
Beginning in 1998, five new state quarters are released each year for a ten year period with a new quarter released approximately every ten weeks. The quarters are minted for a ten week period and are never issued to the public again.
Borrowing a page from history a unique method of issuing the coins was devised. Each state quarter is issued according to when they became a part of the United States.
Each of the state quarters is minted with the image of George Washington on the front, or obverse, side of the coin but on the back, or reverse, side is a design based on something noteworthy about that particular state. Once the program is over in 2008 the normal eagle design will once again be on the reverse side of the quarter.
What makes this coin series different from all others in the past is that each state gets to select the design for their own state?s quarter with the Governor of each state determining the selection process. While some states appoint design committees other states like Michigan and Vermont have contests that any resident can enter.
In Missouri people voted via the Internet for their favorite design with almost 180,000 people voting while other states had the Governor making the final choice based on several designs.
Since these coins are in great demand and will never be minted again prices of the state quarters have been increasing and some of the early state coins are worth $1.00 or more depending on condition. A specialty area of coin collecting known as error coins has also been able to participate with some flawed coins going for up to $500.
A whole new business has cropped up revolving around the state quarters program with many products like specialty coin holders enjoying immense popularity. Probably the most familiar example of this would be the United States map quarter holder. These holders are in the shape of a map of the U.S. and have places in each state for that state?s quarter to proudly reside. They also usually have little state facts printed by them which make for a great learning experience.
The State Quarters Program is an ideal way for anyone wanting to start collecting coins to get their feet wet, especially youngsters. It?s easy, inexpensive and you get a little dose of history as well.
For more information on how to collect coins visit us at http://www.coincollectorsbasics.com/
Invest In Rare Coins For Profit
Buy Low and sell High This is easier said than done. What happens is collectors and investors wait till the market is moving up and then decide to buy at high prices. We all like a sale but why do we not buy gold and silver coins when the price is low? For the past 10 years coins have been on sale but not many have continued to buy rare coins to add to their portfolios.
American Coins ? Which One Should You Collect
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Why should a coin collector and investor buy and collect professionally graded and certified coins?. Commonly called ?slabs?, they are housed in a protective plastic holder. There are many companies ? over a dozen are less than 2 years old ? which will put your coin in a slab after Certifying that it is Authentic, and assigning a Grade to the coin. The first reason for buying and collecting Certified and Graded Coins applies to all of these companies. However, the most important reasons apply only to the Top Four companies: PCGS, NGC, ANACS, and ICG.
Starting A Coin Collection
The best place to start collecting would be with pennies, we will focus on the Lincoln Cent for the years 1909 through 1958, which are the Wheat Cents. There are still a number of "wheat cents" showing up in circulation, so it is possible to start a coin collection without spending a great deal of money.
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Hammered Gold and Hammered Silver Coins: Evaluating Their Price
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Challenge Coins - A Special Type of Coins
For your convenience we have published this article in order to let you know of everything related to the Challenge Coins. Enjoy ?
Bidding on Challenge Coins and Alike
Every challenge coin collector is out there looking for the best deal on a challenge coin and there is no doubt going to a real estate sale is usually the best, not everyone can go to one. The next best thing is an online auction and there are so many but not for coins. You will find two sites on the website auctioning challenge coins and they are eBay and Challenge Coin Auctions .com. eBay is the one that everyone knows and shops. The latter is an upcoming auction people are starting to take notice of. Finding a deal is not the easiest thing out there because of the vastness and saturation of the market. People are just making coins just to make coins.
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The Key To Protecting Your Valuable Coin Collection
Finding the proper place for storing coins is the world?s most important task for all coin collector?s or numismatists, because, for ensuring that the value and quality of their precious coins is well maintained, it is necessary to store them in a secure and good place.
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How to Collect Rare Coins
For Fun and ProfitTime has proven that collectors tend to make the most money in rare coins because they search out "undervalued coins" and buy during market lulls. Buying in today's market climate offers you superb upside profit potential.