If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. |
|
|
Thread Tools | Display Modes |
#1
|
|||
|
|||
Is this true about the Wisconsin quarter?
Coin collectors flip, rumors fly after quarters sprout extra leaf
* WASHINGTON — News that some of the Wisconsin state quarters are flawed and worth big bucks is generating renewed interest in the 50-state quarters a little more than halfway through the program's 10-year lifespan. "The phones have been ringing off the hook," says Jack Chapman, owner of usstatequarters.com in Springbrook, Wis. Sales have doubled in the past few days on both the Web and on the phone. ****** Not everyone is looking to strike it rich by purchasing Wisconsin state quarters, some of which appear to have an extra leaf on a corncob on the "tails" side. That error is leading collectors to pay hundreds of dollars for the coins. Others, showing a broader interest in the state quarters, are buying subscriptions for the remainder of the 50-state quarter program. Subscriptions include uncirculated coins from both the Denver and Philadelphia mints, Chapman says. "This has just been like a bolt of lightning," says Beth Deisher, editor of Coin World, a weekly publication for collectors. She notes the state quarter program was already expected to get a bit of a boost this year as the California quarter is currently being released, appealing to collectors in a populous state. The U.S. Mint launched the state quarter program in 1999, issuing five new quarters per year. The quarters, issued in the order the states were admitted to the union, have been popular with longtime collectors and have brought new people to the hobby. The Mint estimates millions of people are collecting the quarters, some on specially designed maps or in books. Although the program has maintained its popularity, the buzz over the state quarters has waned a bit in recent years. The Mint in both 2004 and 2003 produced more than 2 billion of the state quarters, less than half the amount created in 2000, when production peaked at 6.5 billion. "The program had a great start and has continued very strong, but as with any program that lasts for 10 years, it's always good to have something happen that piques people's interest," says Chris Cipoletti, executive director of the American Numismatic Association in Colorado Springs. "Piques" may be an understatement. More than 40 listings related to the error went up on eBay Wednesday. That was more than the total listed in the prior five days. At least six sets of flawed quarters sold for $1,000 or more. And some sellers were hawking unopened bags and rolls of Wisconsin quarters for far more than face value. The quarters depict some aspect of a state's history, economy or culture The Wisconsin quarter, released late last year, shows a cow, a wheel of cheese and an ear of corn. In December, a few months after the coins began circulating, a collector in Tucson found that some Wisconsin quarters made at the Denver Mint featured an extra leaf on the left side of the corn cob. In some cases, the leaf was turned up, in others it was turned down. Collectors estimate about 1,000 of the flawed coins have surfaced in Arizona and Texas. Some collectors and longtime coin dealers have questioned whether the quarters were created intentionally, leading to even more buzz about the Wisconsin coins. The Mint says it is investigating. |
Ads |
#2
|
|||
|
|||
Is this true about the Wisconsin quarter?
|
Thread Tools | |
Display Modes | |
|
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
FA: STATE QUARTER ROLL AUCTIONS ENDING TONIGHT ON EBAY! | [email protected] | Coins | 0 | April 27th 06 02:53 PM |
FA: STATE QUARTER ROLL AUCTIONS ENDING TONIGHT ON EBAY! | W R Comics | General | 0 | April 27th 06 02:50 PM |
Wisconsin Quarter Contest Prize Received! | Bruce Remick | Coins | 3 | August 13th 05 12:41 AM |
Wisconsin Quarter First-day Cover | [email protected] | Coins | 0 | August 4th 05 08:24 PM |
Houston Chronicle promotes Texas state quarter | Edwin Johnston | Coins | 1 | June 16th 04 03:15 PM |