Fifty State Quarter Program Continues To Lose Popularity

[gct-migration]

"The economic slowdown has hit clothing, car sales, trips to the mall and nights on the town. So why wouldn't the superstar of U.S. coins be effected: the once wildly popular state quarter?

 

Yep, we're not flipping out over collectible change like we used to.

 

In 2000, the U.S. Mint made more than a billion of each of the five state quarters issued that year. And the latest 2003 issue, the Maine quarter? A mere 449 million were struck.

 

It's another sign of the slowdown in commerce -- and the fact that some folks are no longer hoarding Delaware quarters and other state treasures like they did in the good old days." - DFP

 

For daily news coverage on the U.S. State Quarter Program, numismatics and coin collecting visit Coin Today online at http://www.CoinToday.com , the most comprehensive daily numismatic news portal and resource center on the internet today.

[keithdagen]

Is the state quarter program losing popularity, or did the Mint create too many quarters in the past couple of years?

 

If the Mint overproduced prior year issues because of poor demand estimates, the current year quarters would not be needed for commerce, as they are still distributing the older quarters into circulation.

[Oldtrader3]

I agree with Keith that there are too many earlier issue quarters still out there and this affects demand for new issue. I also think that there is a "diminished-demand" effect for these quarters because they are being issued over a (10) year period. Many people, who are not numismatically inclined, will just lose interest over the course of the issue because there are so many state issues and because of the length of the program.

[EZ_E]

Yet, future enthusiasts will start collecting once their state quarter is released.