Posted by Allison on 11 November 2010, 09:44
Well we all think about coins as something that we exchange for goods or services. How often do you actually look at one, turn it over in your hands and wonder at the design it has taken on?
Probably the answer is next to never. Money has a purpose and it isn’t to look stunning. But this doesn’t take into account all the designs that have been used for coins over the years. One excellent example has to do with the 50 State Quarters programme in America. As you might guess from the title of the programme, the idea was to release a unique quarter for each state in the US. Five coins were released each year, starting with Delaware back in 1999. It wasn’t until 2008 that the last coin – depicting Hawaii – was released.
It would have taken you ten years to collect the whole set, and you wouldn’t have wanted to miss one either. These coins were available for around ten weeks and that was it – if you did miss one you couldn’t go to the US Mint and ask for a back order because once the time limit was up, that was it.
Each state had its own unique design on the coin and it proved to be a stunning and popular set of coins. If you know anything at all about American history you can trace some of it back on these coins, thanks to the images that have been used. The Alaskan coin has a grizzly bear with a salmon clutched in its jaws. Colorado has the Rocky Mountains.
It just goes to show how great the coinage can be – and America isn’t the only country to release coins of this kind to the general public. It might be prudent to take a look at limited release coins like these, because they could be worth something in the future. This set will certainly increase in value because few people will probably have all fifty of the coins. If you do, hang onto it for years to come if you can. You’ll be glad you did.