Saturday, 2 January 2010

New US Mint Quarters Feature National Parks and Sites

By Dylan Chase

A new series of quarters is scheduled to debut next year from the United States Mint. Known as America the Beautiful Quarters, the series will include fifty six different designs. Each one will be a unique depiction of a National Park or National Site from the 50 States, US Territories, and Washington DC.

The series comes on the heels of the highly successful 50 State Quarters Program. Launched in 1999, the series released a total of fifty different quarters at a rate of five per year until 2008. The series helped introduce a new generation of coin collectors and allowed anyone to learn about the states by examining their pocket change. During 2009, six additional coins were issued to recognize the US Territories and the District of Columbia.

While the America the Beautiful Quarters Program will be similar to the other programs, it will have a unique focus and introduce an accompanying bullion program. The new program will feature 56 different coins, with unique depictions on the "tails side" of the coin. The "heads side" will feature a restored portrait of George Washington. Quarters will also be released at a rate of five per year, but with a single design in the final year. The new coins will be released into circulation, making potential collectors out of anyone who receives them.

The new series will shift its focus to sites of natural beauty or historical significance. Sites selected for the program may include any park or site which has been federally designated and remains until the supervision, management, or conservancy of a federal entity. Eligible sites include National Parks, National Preserves and Forests, and Wildlife Refuges.

The new collectible introduced with the series will be over-sized silver bullion coins. These five ounce .999 fine silver coins will be issued each year with designs which are an exact duplicate of the quarters. The coins will be sold by the United States Mint as bullion through their network of authorized bullion purchasers.

The United States Mint has already established the order of release for the entire 56 quarter program. The America the Beautiful Quarters will issue the different designs in the order the sites were federally designated. The first year of release will include Hot Springs National Park, Yellowstone National Park, Yosemite National Park, the Grand Canyon, and Mount Hood National Forest.

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