When did they stop putting the date on quarters?

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BurnItDwn

Lifer
Oct 10, 1999
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They only have the year. I do not believe they ever put the dates on coin currency in the USA.
 

Muse

Lifer
Jul 11, 2001
40,426
9,941
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:biggrin;

I hate the new emotes
Yeah, they suck. I don't bother with them anymore. Haven't seen one I like.
They only have the year. I do not believe they ever put the dates on coin currency in the USA.
I meant year, not date.

And I like the old quarters with the side bust of Washington in big relief. The new quarters look like subway tokens, bland. Anyway, I never carry coins in my pockets anymore, I just save them up and make rolls out of them and bring those to the bank every few years.
 
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John Connor

Lifer
Nov 30, 2012
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@Muse , did you quote me and then delete it? My notifications said you did and I wanna know if this is a forum glitch so that I can report it. The notifications are shit on here. Some just drop off.
 

dainthomas

Lifer
Dec 7, 2004
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Yeah, they suck. I don't bother with them anymore. Haven't seen one I like.I meant year, not date.

And I like the old quarters with the side bust of Washington in big relief. The new quarters look like subway tokens, bland. Anyway, I never carry coins in my pockets anymore, I just save them up and make rolls out of them and bring those to the bank every few years.

IIRC, the Treasury Dept has made billions off these special edition quarters. My daughter has all the state ones, and is currently collecting the new ones.
 

lxskllr

No Lifer
Nov 30, 2004
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IIRC, the Treasury Dept has made billions off these special edition quarters. My daughter has all the state ones, and is currently collecting the new ones.
I collected the original states for my daughter, but I'm not keeping up with this crap. I don't want to waste the space collecting coins that aren't that interesting. I like the new penny a lot, but pennies shouldn't exist. If they made them any cheaper, they wouldn't exist.
 

pete6032

Diamond Member
Dec 3, 2010
8,025
3,491
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IIRC, the Treasury Dept has made billions off these special edition quarters. My daughter has all the state ones, and is currently collecting the new ones.

How does the treasury make money off of printing coins and then people taking them out of circulation so the treasury has to print more?
 

John Connor

Lifer
Nov 30, 2012
22,757
618
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How does the treasury make money off of printing coins and then people taking them out of circulation so the treasury has to print more?


If I can remember correctly. The Treasury is charged with making money, I mean for profit as well.
 

dainthomas

Lifer
Dec 7, 2004
14,897
3,860
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How does the treasury make money off of printing coins and then people taking them out of circulation so the treasury has to print more?

https://en.wikipedia.org/wiki/50_State_Quarters

"The 50 State Quarters Program was started to support a new generation of coin collectors,[1][2] and it became the most successful numismatic program in history, with roughly half of the U.S. population collecting the coins, either in a casual manner or as a serious pursuit.[3] The U.S. federal government so far has made additional profits of $3.0 billion from collectors taking the coins out of circulation.[4]"
 

kranky

Elite Member
Oct 9, 1999
21,019
156
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How does the treasury make money off of printing coins and then people taking them out of circulation so the treasury has to print more?
The US MInt manufactures coins for less than their face value. They "sell" them to the Federal Reserve at face value. The profit is called seigniorage. So 7 cents cost to manufacture a quarter, sell to Fed for 25 cents, that's how they make money on everyday coinage. Of course coins made for collectors cost more to make and package, and they sell them directly to the public at a very healthy profit also.

It's different for paper money, I believe the Bureau of Engraving and Printing "sells" the currency they print to the Fed at their cost.