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1965-1998 Clad Quarters Share us your collection and why
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<p>[QUOTE="cladking, post: 3132055, member: 68"]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. </p><p><br /></p><p>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.</p><p><br /></p><p>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.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 3132055, member: 68"]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.[/QUOTE]
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1965-1998 Clad Quarters Share us your collection and why
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