I expect it to take quite a bit longer than that. The culls, tarnished, damaged, low grade, common date, and '90's will linger in circulation much longer as collectors preferentially remove the higher grades and better dates. Even in ten years there should be about 7 or 8% old beat up eagle reverse quarters still in circulation. This is my experience based on current trends and trends can always change.
I'd rather just be rich enough to own Brinks and Loomis. I don't want to pay a fee. I'll save up my quarters and maybe, some day, I'll buy the company.
After reading this, I decided to go thru the change jar my wife and I started. Found this 81 proof, 97 p and 96 d on the first run thru.
I remember one of the old spurious arguments against Diane Wolf's suggestion to change the design on the quarter was that this denomination was too important to fiddle with. I told her the real issue wasn't that there would be too few coins because collectors would grab all the new ones but that soon enough they'd grab all the old ones. She actually used this as one of her arguments; that the mint would make tons of money making new quarters to replace the old ones as well as many of the new ones. The legislation probably would have passed, too, except at the last minute someone spread a rumor that it was all an attempt to get IGWT removed from the quarter. How ironic Washington DC operates on rumor and scuttled the change in the Washington quarter back in 1994. But the argument that there were big profits for the mint combined with Canada's success at their provincial quarters won the day in '96 and the states legislation was passed. The mint apparently needlessly stockpiled 1996, '97, and '98 quarters because they feared all the new coins would just disappear. It actually took a year for the states coins to catch on and then the mint ramped up production in plenty of time. This is why some of the '96 -'98 quarters have so little wear. They weren't all released to circulation until about 2005.
...And I might add that the movement to implement the states coins was promoted by one of the most famous of modern collectors; John J. Pittman.
I just went thru and separated all the quarters in my change jar. The top row is 2000 thru 2017, 2000 having the most. The bottom is the only 2 60s, 65 and 66. Only one drummer boy. 8 more from the 70s. Kinda proves the point.
Shortly after all these old quarters were released in 2005 the 2008 depression hit and billions of quarters went into storage. Many of these were in storage a while and they were heavy in the '96 to '98 issues. This means a significant percentage of these dates have only a few years worth of wear.
picked I $10 more, thus 40 quarters. 14 were Washington. A Breakdown 1x1967 1x1981 2x1982 2x1984 1x1987 1x1988 1x1990 1x1992 1x1993 1x1994 1x1995 1x1998 But that's the last time I do the laundrymat thing. There was a lady at the front desk who didn't like that I didn't have laundry. I got change, went to the vending machine and bought a soda (not using a Washington). Stared at the empty food vending machine. Walked out to the car dealership (as I could see she was still watching me), meandered around the car dealership then got in my car and drove away. She never stopped watching me. Like, really ? I'm expecting the police to show up .. I'll give them the empty soda can to show them that I technically was a "customer". I think I'll just try getting some from the credit union just to see.
yes there are. Think I'll try to credit union first though and see what happens there. A lot of students at the one I go to, so probably a lot of change from home.