Coin Collecting - U. S. Statehood Quarters and Presidential Golden Dollars

mcherwood By mcherwood, 18th Jun 2013 | Follow this author | RSS Feed
Posted in Wikinut>Guides>Antiques & Collectables>Coins & Banknotes

Coin Collectors may be interested in the U. S. Statehood Quarters and the Presidential Golden Dollars which are being issued by the U. S. Commemorative Gallery and are growing in value daily.

Coin Collecting - U. S. Statehood Quarters and Presidential Golden Dollars

In 1999, the United States government made available to the public Statehood Quarters commemorating all fifty states. These quarters have been minted in the order in which each state was admitted to the Union. Therefore, the first five quarters which became available that year were Delaware, Pennsylvania, New Jersey, Georgia and Connecticut.

That year, I decided to jump on the bandwagon and so I ordered these uncirculated quarters from the United States Commemorative Gallery in Canton, Ohio. I had never been a coin collector, or a collector of any kind before, so this was a new experience for me. I have learned a great deal from this undertaking.

With five quarters being released each year, all 50 Statehood quarters were available by the end of 2008. It was then that the government decided to add the five territories plus Washington, D.C. to the collection for the year 2009. The five territories which have their own quarter are Puerto Rico, Guam, American Samoa, the U.S. Virgin Islands, the Northern Mariana Islands, and as mentioned Washington, D.C.

I am glad I bought into this project since I have five grandchildren and have enough sets to go around. The U.S. Commemorative Gallery issues all of its uncirculated coins in plastic capsules to retain their finish and their value. The longer the coins are held, the more valuable they become. Some have increased in value 1000%. For some reason, Georgia is at the top of the list, more valuable than all of the other state quarters. Also, Illinois is becoming scarce since it is the home state of our President, Barack Obama.

The ten most valuable uncirculated quarters up to this time are Delaware, Pennsylvania, New Jersey, Georgia, Connecticut (all from 1999) plus Illinois, South Carolina, New York, Vermont and Tennessee. All 50 state quarters plus the territories will increase in value over time and could catch up to the valuable ten.

Since I have also hoarded circulated quarters found in my pocket change, I have become aware that Michigan, Missouri and Arkansas are nowhere to be found, at least in my area. I keep my eye out for them to complete my circulated sets, but so far they have not shown up. These will not increase in value except perhaps as a complete set which someone may wish to have as a collectible.

In 2007, the United States government made available to us the first set of Presidential Golden Dollars, again in the order in which each president occupied the office. At the rate of four coins being issued each year, I have just received Theodore Roosevelt, our twenty-sixth president. The next one will be William Howard Taft, to be released to the public in August 2013. Our 44th Presidential coin, that of Barack Obama, will be released in 2017.

An interesting development occurred with the first eight Presidential coins. The words "In God We Trust" were eliminated from the face of the coin and relegated to the side of the coin where it was not easy to see. There arose such a furor concerning this alteration that the ninth presidential golden dollar, that of our ninth president, William Henry Harrison, and all subsequent golden dollars have the words "In God We Trust" on the face, or what is called the obverse, of the coin. This occurrence has served to skyrocket the value of the first eight coins because of this difference.

The United States Commemorative Gallery does an excellent job of keeping its customers apprised of the forthcoming coins plus special offers such as The American Eagle Silver Dollar, the Kennedy Half Dollar, the Sacajawea Gold Dollar, the new Lincoln pennies and other valuable coins. The accompanying literature is intended to educate the collector concerning these coins. All of the sets that are delivered over time come in an attractive leather portfolio, or a box if you wish, which keeps your collection in an organized fashion.

I am proud of my collection and have spent many happy hours arranging and categorizing my coins. In 2012, the U. S. Commemorative Gallery announced that the U. S. Mint would no longer make available the gold dollars to the American public because of economic constraints. Fortunately, the USCG was able to contract to have these produced by a private company, and fashioned exactly as the previous coins. I look forward to presenting these coins to my children and grandchildren as they grow in value.

Sources:

http://www.uscommgallery.com
http://www.usmint.gov/mint_programs
Personal experience

Tags

American Eagle Silver Dollar, Five Territories, Grandchildren, Kennedy Half Dollar, Most Valuable, Presidential Golden Dollars, Statehood Quarters, Theodore Roosevelt, U S Mint, Uncirculated, Us Commemorative Gallery

Meet the author

author avatar mcherwood
I am a retired teacher/ administrator for the Buffalo School System. I hold a Ph.D. in Educational Administration.
I write book reviews, film reviews plus a large variety of topics.

Share this page

moderator Mark Gordon Brown moderated this page.
If you have any complaints about this content, please let us know

Comments

author avatar Rose*
23rd Dec 2013 (#)

There's something special about coins isn't there? The eurozone too has a different image on each coin for each member state - the monarchies show the current monarch and the republics feature symbols of their state. The Italian euro coin has a Leonardo da Vinci drawing on the back of it!

Reply to this comment

Add a comment
Username
Can't login?
Password