Recently, on a consumer radio talk show here in metro Atlanta, [Clark Howard Show on WSB 750 AM}, there was talk about the new US quarters.
A caller mentioned that where he works they deal in huge quantites of quarters (something like a video game shop).
Anyhoo …
This caller mentioned that they place their quarters in bags and weigh them.
They know that a certain weight (say 50 kilograms exactly <think metric>, is equal to a certain dollar amount.
What they were experiencing was a different dollar amount when then deposited them (the bank would weigh them).
Say, for example 90 vs 89.
The caller wanted to know if the new quarters were minted with less weight.
Well the best thing to do in this kind of situation is “to go to the source.”
The US Mint / US Treasury replied that the new coins were the exact weight as the previous issued coins.
Finally …
Whenever something new appears on the scene, like a new postage stamp (à la the 29¢ Elvis stamp) or a new coin, there is always the “collector value” effect / mentality.
A mentality where, “if I save these puppies, and do not spend them, for 30+ years, I will be able to pay for …”
<insert your wish / dream right here>
More than likely, that what was happening at out friendly neighborhood Wal*Mart.
I think the great state of GA will be proudly representated with “their” quarter on Thursday, July 22, 1999.
Think peaches.
The coins are being issued five per year for 10 years, in order of being admitted as a state to the Union.
Terence in Marietta, GA
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