50 State quarters


The 50 State quarters was a series circulating commemorative quarters released by the United States Mint. Minted from 1999 through 2008, they featured unique designs for each of the 50 US states on the reverse.
The 50 State Quarters Program was started to support a new generation of coin collectors, and it became the most successful numismatic program in history, with roughly half of the US population collecting the coins, either in a casual manner or as a serious pursuit. The US federal government so far has made additional profits of $3.0 billion from collectors taking the coins out of circulation.
In 2009, the US Mint began issuing quarters under the 2009 District of Columbia and US Territories Program. The Territories Quarter Program was authorized by the passage of a newer legislative act,. This program features the District of Columbia, Puerto Rico, American Samoa, Guam, the United States Virgin Islands, and the Northern Mariana Islands.

Treasury opposition and congressional enactment

The program's origins lie with the Citizens Commemorative Coin Advisory Committee, which was appointed by Secretary of Treasury Lloyd Bentsen in December 1993 and chaired by Mint Director Philip N. Diehl. From the first days of the CCCAC, one of its members, David Ganz, urged the committee to endorse the 50 States Quarters program, and in 1995, the CCCAC did so. The committee then sought the support of Representative Michael Castle, chairman of the House Banking subcommittee with jurisdiction over the nation's coinage. Castle's initial caution was resolved when Diehl suggested the coins be issued in the order the states entered the Union or ratified the Constitution. Delaware, Castle's home state, was the first state to ratify the Constitution. Castle subsequently held hearings and filed legislation to authorize the program.
Despite the support of the director of the mint and the treasury secretary-appointed CCCAC, the Treasury Department opposed the 50 States Quarters Program, as commemorative coinage had come to be identified with abuses and excesses. The mint's economic models estimated the program would earn the government between $2.6 billion and $5.1 billion in additional seignorage and $110 million in additional numismatic profits. Diehl and Castle used these profit projections to urge the Treasury's support, but Treasury officials found the projections to lack credibility.
Diehl worked with Castle behind the scenes to move legislation forward despite the Treasury's opposition to the program. However, the Treasury suggested to Castle that the department should conduct a study to determine the feasibility of the program. With Diehl's advice, Castle accepted the Treasury's offer, and the agreement was codified in the United States Commemorative Coin Act of 1996. The act also authorized the secretary to proceed with the 50 States Quarters Program without further congressional action if the results of the feasibility study were favorable.
The Treasury Department engaged the consulting firm Coopers and Lybrand to conduct the study in 1997, which confirmed the Mint's demand, seigniorage and numismatic profit projections for the program. Among other conclusions, the study found that 98 million Americans were likely to save one or more full sets of the quarters. Nevertheless, the Treasury Department continued to oppose the program and declined to proceed with it without a congressional mandate to do so.
In 1997, Congress issued that mandate in the form of, the 50 States Commemorative Coin Program Act, which was signed into law by President Bill Clinton on December 1, 1997.

50 State Quarters Program

The 50 State quarters were released by the United States Mint every ten weeks, or five each year. They were released in the same order that the states ratified the Constitution or were admitted to the Union. Each quarter's reverse commemorated one of the 50 states with a design emblematic of its unique history, traditions and symbols. Certain design elements, such as state flags, images of living persons, and head-and-shoulder images of deceased persons were prohibited.
The authorizing legislation and Mint procedures gave each state a substantial role and considerable discretion in determining the design that would represent their state. The majority of states followed a process by which the governor solicited the state's citizens to submit design concepts and appointed an advisory group to oversee the process. Governors submitted three to five finalist design concepts to the secretary of treasury for approval. Approved designs were returned to the states for selection of a final design.
States usually employed one of two approaches in making this selection. In 33 states, the governor selected the final recommended design, often based on the recommendations of advisory groups and citizens. In the other 17 states, citizens selected the final design through online, telephone, mail or other public votes. US Mint engravers applied all final design concepts approved by the secretary of treasury. The media and public attention surrounding this process and the release of each state's quarter was intense and produced significant publicity for the program.
The 50 State Quarters Program was the most popular commemorative coin program in United States history; the United States Mint has estimated that 147 million Americans have collected state quarters and 3.5 million participated in the selection of state quarter designs.
By the end of 2008, all of the original 50 States quarters had been minted and released. The official total, according to the US Mint, was 34,797,600,000 coins. The average mintage was 695,952,000 coins per state, but ranged between Virginia's 1,594,616,000 to Oklahoma's 416,600,000. Demand was stronger for quarters issued early in the program. This was due to weakening economic conditions in later years and the waning of the initial surge of demand when the program was launched. Another factor was the reassertion of the Treasury Department's opposition to the program. When the director's term ended in 2000, the Treasury proceeded to reduce and finally terminate the most effective elements of the Mint's promotional program despite the high return on investment they earned.

Designs

YearNo.StateRelease date
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MintageDesignElements depictedEngraver
19991DelawareJanuary 4, 1999
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774,824,000Caesar Rodney on horseback
Captions: "The First State", "Caesar Rodney"
William Cousins
19992PennsylvaniaMarch 8, 1999
'
707,332,000Commonwealth statue, state outline, keystone
Caption: "Virtue, Liberty, Independence"
John Mercanti
19993New JerseyMay 17, 1999
'
662,228,000Washington Crossing the Delaware, which includes George Washington and James Monroe
Caption: "Crossroads of the Revolution"
Alfred Maletsky
19994GeorgiaJuly 19, 1999
'
939,932,000Peach, live oak sprigs, state outline
Banner with text: "Wisdom, Justice, Moderation"
T. James Ferrell
19995ConnecticutOctober 12, 1999
'
1,346,624,000Charter Oak
Caption: "The Charter Oak"
T. James Ferrell
20006MassachusettsJanuary 3, 2000
'
1,163,784,000The Minute Man statue, state outline
Caption: "The Bay State"
Thomas D. Rodgers
20007MarylandMarch 13, 2000
'
1,234,732,000Dome of the Maryland State House, white oak clusters
Caption: "The Old Line State"
Thomas D. Rodgers
20008South CarolinaMay 22, 2000
'
1,308,784,000Carolina wren, yellow jessamine, cabbage palmetto, state outline
Caption: "The Palmetto State"
Thomas D. Rodgers
20009New HampshireAugust 7, 2000
'
1,169,016,000Old Man of the Mountain, nine stars
Captions: "Old Man of the Mountain", "Live Free or Die"
William Cousins
200010VirginiaOctober 16, 2000
'
1,594,616,000Ships Susan Constant, Godspeed, Discovery
Captions: "Jamestown, 1607–2007", "Quadricentennial"
Edgar Z. Steever
200111New YorkJanuary 2, 2001
'
1,275,040,000Statue of Liberty, 11 stars, state outline with line tracing Hudson River and Erie Canal
Caption: "Gateway to Freedom"
Alfred Maletsky
200112North CarolinaMarch 12, 2001
'
1,055,476,000Wright Flyer, John T. Daniels's iconic photo of the Wright brothers
Caption: "First Flight"
John Mercanti
200113Rhode IslandMay 21, 2001
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870,100,000America's Cup yacht Reliance on Narragansett Bay, Claiborne Pell Newport Bridge
Caption: "The Ocean State"
Thomas D. Rodgers
200114VermontAugust 6, 2001
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882,804,000Maple trees with sap buckets, Camel's Hump Mountain
Caption: "Freedom and Unity"
T. James Ferrell
200115KentuckyOctober 15, 2001
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723,564,000Thoroughbred racehorse behind fence, Bardstown mansion, Federal Hill
Caption: "My Old Kentucky Home"
T. James Ferrell
200216TennesseeJanuary 2, 2002
'
648,068,000Fiddle, trumpet, guitar, musical score, three stars
Banner with text: "Musical Heritage"
Donna Weaver
200217OhioMarch 11, 2002
'
632,032,000Wright Flyer ; astronaut ; state outline
Caption: "Birthplace of Aviation Pioneers"
Donna Weaver
200218LouisianaMay 20, 2002
'
764,204,000Brown pelican ; trumpet with musical notes, outline of Louisiana Purchase on map of US
Caption: "Louisiana Purchase"
John Mercanti
200219IndianaAugust 2, 2002
'
689,800,000IndyCar, state outline, 19 stars
Caption: "Crossroads of America"
Donna Weaver
200220MississippiOctober 15, 2002
'
579,600,000Two magnolia blossoms
Caption: "The Magnolia State"
Donna Weaver
200321IllinoisJanuary 2, 2003
'
463,200,000Young Abraham Lincoln; farm scene; Chicago skyline; state outline; 21 stars, 11 on left edge and 10 on right
Captions: "Land of Lincoln;" "21st state/century"
Donna Weaver
200322AlabamaMarch 17, 2003
'
457,400,000Helen Keller, seated, longleaf pine branch, magnolia blossoms
Banner with text: "Spirit of Courage"
Caption: "Helen Keller" in standard print and Braille
Norman E. Nemeth
200323MaineJune 2, 2003
'
448,800,000Pemaquid Point Lighthouse; the schooner Victory Chimes at seaDonna Weaver
200324MissouriAugust 4, 2003
'
453,200,000Gateway Arch, Lewis and Clark and York returning down Missouri River
Caption: "Corps of Discovery 1804–2004"
Alfred Maletsky
200325ArkansasOctober 20, 2003
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457,800,000Diamond, rice stalks, mallard flying above a lakeJohn Mercanti
200426MichiganJanuary 26, 2004
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459,600,000State outline, outline of Great Lakes system
Caption: "Great Lakes State"
Donna Weaver
200427FloridaMarch 29, 2004
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481,800,000Spanish galleon, Sabal palmetto, Space Shuttle
Caption: "Gateway to Discovery"
T. James Ferrell
200428TexasJune 1, 2004
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541,800,000State outline, star, lariat
Caption: "The Lone Star State"
Norman E. Nemeth
200429IowaAugust 30, 2004
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465,200,000Schoolhouse, teacher and students planting a tree; based on the Grant Wood painting Arbor Day
Captions: "Foundation in Education", "Grant Wood"
John Mercanti
200430WisconsinOctober 25, 2004
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453,200,000Head of a cow, round of cheese and ear of corn.
Banner with text: "Forward"
Alfred Maletsky
200531CaliforniaJanuary 31, 2005
'
520,400,000John Muir, California condor, Half Dome
Captions: "John Muir," "Yosemite Valley"
Don Everhart
200532MinnesotaApril 4, 2005
'
488,000,000Common loon, fishing, state outline
Caption: "Land of 10,000 Lakes"
Charles L. Vickers
200533OregonJune 6, 2005
'
720,200,000 Crater Lake National Park
Caption: "Crater Lake"
Donna Weaver
200534KansasAugust 29, 2005
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563,400,000American bison, sunflowers Norman E. Nemeth
200535West VirginiaOctober 14, 2005
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721,600,000New River Gorge Bridge
Caption: "New River Gorge"
John Mercanti
200636NevadaJanuary 31, 2006
'
589,800,000Mustangs, mountains, rising sun, sagebrush
Banner with text: "The Silver State"
Don Everhart
200637NebraskaApril 3, 2006
'
594,400,000Chimney Rock National Historic Site, Conestoga wagon
Caption: "Chimney Rock"
Charles L. Vickers
200638ColoradoJune 14, 2006
'
569,000,000Longs Peak
Banner with text: "Colorful Colorado"
Norman E. Nemeth
200639North DakotaAugust 28, 2006
'
664,800,000American bison, badlandsDonna Weaver
200640South DakotaNovember 6, 2006
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510,800,000Mount Rushmore, ring-necked pheasant, wheat John Mercanti
200741MontanaJanuary 29, 2007
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513,240,000American bison skull in the center with mountains and the Missouri River in the background.
Caption: "Big Sky Country"
Don Everhart
200742WashingtonApril 2, 2007
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545,200,000Salmon leaping in front of Mount Rainier
Caption: "The Evergreen State"
Charles L. Vickers
200743IdahoJune 4, 2007
'
581,400,000Peregrine falcon, state outline with star indicating location of state capital Boise, Idaho
Caption: "Esto Perpetua"
Don Everhart
200744WyomingSeptember 4, 2007
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564,400,000Bucking Horse and Rider
Caption: "The Equality State"
Norman E. Nemeth
200745UtahNovember 5, 2007
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508,200,000Golden spike, Locomotives Jupiter, No. 119, and the completion of the Transcontinental Railroad
Caption: "Crossroads of the West"
Joseph F. Menna
200846OklahomaJanuary 28, 2008
'
416,600,000Scissor-tailed flycatcher, with Indian blankets in backgroundPhebe Hemphill
200847New MexicoApril 7, 2008
'
488,600,000State outline with relief, Zia sun symbol from flag
Caption: "Land of Enchantment"
Don Everhart
200848ArizonaJune 2, 2008
'
509,600,000Grand Canyon, saguaro cactus closeup.
Banner with text: "Grand Canyon State"
Joseph F. Menna
200849AlaskaAugust 25, 2008
'
505,800,000Grizzly bear with salmon and North Star
Caption: "The Great Land"
Charles L. Vickers
200850HawaiiNovember 3, 2008
517,600,000Statue of Kamehameha I with state outline and motto
Caption: "Ua Mau ke Ea o ka Āina i ka Pono"
Don Everhart

District of Columbia and United States Territories release

Additional notes on individual designs

ColorYear1st release2nd release3rd release4th release5th release6th release
1999DelawarePennsylvaniaNew JerseyGeorgiaConnecticutrowspan="10"
2000MassachusettsMarylandSouth CarolinaNew HampshireVirginia-
2001New YorkNorth CarolinaRhode IslandVermontKentucky-
2002TennesseeOhioLouisianaIndianaMississippi-
2003IllinoisAlabamaMaineMissouriArkansas-
2004MichiganFloridaTexasIowaWisconsin-
2005CaliforniaMinnesotaOregonKansasWest Virginia-
2006NevadaNebraskaColoradoNorth DakotaSouth Dakota-
2007MontanaWashingtonIdahoWyomingUtah-
2008OklahomaNew MexicoArizonaAlaskaHawaii-
2009District of ColumbiaPuerto RicoGuamAmerican SamoaUS Virgin IslandsNorthern Mariana Islands

Collectible value

In 1997, Congress passed the 50 States Commemorative Coin Program Act, which instructed the creation of the 50 State quarters series to "honor the unique Federal Republic of 50 States that comprise the United States; and to promote the diffusion of knowledge among the youth of the United States about the individual states, their history and geography, and the rich diversity of the national heritage...", and to encourage "young people and their families to collect memorable tokens of all of the States for the face value of the coins."
While mintage totals of the various designs vary widely—Virginia quarters are almost 20 times as abundant as the Northern Marianas quarters—none of the regular circulating issues are rare enough to become a valuable investment.
There was, however, a measure of collector interest over die errors in the Wisconsin quarter. Some designs from the Denver mint feature corn without a smaller leaf, others feature a small leaf pointing upwards, and still others have the leaf bending down. A set of all three quarters sold on eBay in February 2005 for $300 and initially saw significant increases, such as $1500 for individual coins, but as of February 2020 PCGS lists the value of MS-62 specimens from $92 to $130 each.
Another die cast error ran with the first Delaware quarters. Being the first model of state quarter made, the mint gave it a disproportionate weight causing vending machines to not accept it. The quarter die was quickly fixed. Some Delaware quarters appeared without the last E, now saying, "THE FIRST STAT".
A major error occurred in 2000 when the reverse die of a Sacagawea dollar was combined with the obverse die of a state quarter on dollar-coin planchets to form what is known as a "mule". As of August 2019, only 19 of these specimens, produced on dollar planchets, are known to have escaped from the Mint.
A 2005 Minnesota double die quarter, as well as a 2005 Minnesota quarter with extra trees, have both triggered numismatic interest. An unusual die break on some 2005 Kansas quarters created a humpback bison. Relatively more common are Kansas quarters bearing the motto "IN GOD WE RUST."
The United States produces proof coinage in circulating base metal and, since 1992, in separately sold sets with the dimes, quarters, and half-dollars in silver. For the silver issues, the 1999 set is the most valuable, being the first year of the series and with a relatively small mintage, although prices have significantly decreased since the 50 State Quarters Program ended. The set in base metal, of this or any other year, is worth only a fraction as much. The silver proof sets of later years, while having some intrinsic and collector worth, are also priced far lower. The public is cautioned to research prices before buying advertised state quarter year or proof sets.
In general, the program increased interest in quarter and general coin collecting. Large numbers of ads, quarter products and quarter information were available during the years the program ran. Home Shopping Network, Franklin Mint, and Littleton Coin Company were among the most prominent in ad space.

Seigniorage

Since the 50 State Quarters Program was expected to increase public demand for quarters which would be collected and taken out of circulation, the Mint used economic models to estimate the additional seigniorage the program would produce. These estimates established a range of $2.6 billion to $5.1 billion. The Mint also estimated the program would earn $110 million in additional numismatic profits. The Mint used these estimates to support the proposed program, and the legislation enacting the 50 States Quarters program cited these estimates.

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