March 2000


Free Shipping & Handling for Online Orders on the U.S. Mint Website

Washington, D.C. - The U.S. Mint today announced that the new Maryland Quarter under the 50 State Quarters Program will be available in bags of 100 and 1,000 coins at www.USMINT.gov beginning April 3.

“The bags of 50 State Quarters have quickly become one of the Mint’s most popular products,” said Acting Mint Director John Mitchell. “The Massachusetts quarter bags sold out in only three weeks. Since demand for the new quarter honoring Maryland is expected to be just as strong, we are again making 10 million coins available for sale in bags.”

The Maryland quarter features a reverse design depicting the Maryland State House dome in Annapolis– the only state house in the country to have served as the nation’s capitol — the state nickname, “The Old Line State,” and White Oak leaf clusters.

Mint-sewn bags feature Maryland quarters struck on our main production floors in Philadelphia and Denver. Each bag is marked with the Mint of origin and the dollar value of its contents ($25 or $250). These are the same coins that are shipped to the Federal Reserve for distribution in commerce and will be shipped directly to customers in 100-coin bags for $35.50 and in 1,000-coin bags for $300.00.

Customers may order the Maryland quarters in bags directly online via the U.S. Mint secure web server at www.USMINT.gov and pay no additional shipping and handling charges. Customers who prefer to fax their orders may download an order form at the website and fax it to (301) 344-4150, and customers also may order by telephone by calling 1-800-USA-MINT. (Telephone and fax orders incur a shipping and handling fee of $3.95 per order.) No mail orders will be accepted. Maryland quarters are expected to sell out quickly so customers are encouraged to order directly online at www.USMINT.gov. Please allow approximately 6-8 weeks for delivery.

Mint Will Ship More Than One Billion To Federal Reserve Banks

ANNAPOLIS, MD. – U.S. Treasurer Mary Ellen Withrow today joined Maryland Governor Parris N. Glendening and Senator Paul S. Sarbanes at the State House for the unveiling of the newest design in the 50 State Quarters™ Program, honoring the state of Maryland. The U.S. Mint, which today began shipping the Maryland quarter to Federal Reserve banks for distribution to commercial banks and financial institutions, is scheduled to produce more than one billion of the new quarters to keep pace with public demand for the new quarters.

Joining Treasurer Withrow, Governor Glendening and Senator Sarbanes, were Lt. Governor Kathleen Kennedy-Townsend, Congressman Benjamin L. Cardin, U.S. Mint Associate Director of Numismatics David Pickens, Maryland State Treasurer Richard Dixon and members of the Maryland Coin Advisory Committee. Governor Glendening also invited a class of fifth graders from Cloverly Elementary School in Silver Spring to join him at the State House event. The students were honored for being among the first participants in the design process for the Maryland quarter.

“We are very proud to launch this new Maryland commemorative quarter today,” said Governor Parris N. Glendening. “The quarter, which honors our magnificent State House, will be a lasting reminder of our State’s rich heritage and its unique place in American history. Among its many distinctions, Maryland’s capitol building is the oldest working state house in the country, and the only state house to have served as the nation’s capitol. This new quarter will be cherished by generations of Marylanders to come.”

Selected by the Governor Glendening’s Coin Design Committee, the Maryland quarter design honors the site of today’s event — the historic Maryland State House dome in Annapolis. On the quarter’s reverse (tails) side, the state house dome is surrounded by the moniker “The Old Line State” and balanced on both sides by oak leaf clusters. The Maryland state house is the oldest working state house in the country, and the only state house in the country ever to have served as the nation’s capitol.

“The 50 State Quarters program is an opportunity for all Americans to become involved in the design process of the coins we use every day,” said Director of the U.S. Mint Philip N. Diehl. “Americans should start looking for Maryland quarters in circulation by late spring.”

With the shipment of Maryland quarters, the “retired” quarter designs (Delaware, Pennsylvania, New Jersey, Georgia, Connecticut, and Massachusetts) continue to circulate in pocket change and are available in collectors’ editions, but are no longer being produced. The quarters that will be produced later this year under the 50 State Quarters™ will honor South Carolina, New Hampshire and Virginia.

“The demand and excitement over the new quarters has exceeded our expectations, and we encourage all Americans to start their collections now before we run out of these special quarters,” said U.S. Treasurer Mary Ellen Withrow.

Legislation signed by the President in late 1997 authorized the Mint to honor the 50 states in the order they entered the Union or ratified the Constitution by producing five quarters each year from 1999 through 2008 with reverse designs celebrating the heritage of each state. The design process for each quarter is determined within each state by the Governor before design concepts are sent to the Mint, and then returned to the states for final selection. Approval of the final design rests with the Treasury Secretary.

The 50 State Quarters Program coins are manufactured at both the Philadelphia and Denver Mints, which produce all legal tender U.S. circulating coins, before being shipped to the Federal Reserve for distribution through the banking system. The Federal Reserve orders new quarters to ensure an adequate supply to meet the needs of commerce as commercial banks demand.

For more information on the 50 State Quarters Program and how to collect the new quarters, visit the Mint’s web site at www.usmint.gov.

Washington, D.C. – The U.S. Mint today announced that the 9-Proof Set and Silver Proof Set for 1999 are expected to sell out by the end of March.

“These are the final proof coins manufactured in the twentieth century and the final chance for collectors to make sure they have the first five 50 State Quarters proof coins,” said Mint Director Philip N. Diehl. “The growing awareness of the program and the extraordinary demand for the 50 State Quarters throughout 1999 makes these sets even more precious, as additions to established collections or as starter sets for new collectors.”

Sales of the 9-coin 1999 Proof Set, which went on sale on May 21, 1999, have reached 2,379,870 sets, or 95 percent of the estimated total production of 2.5 million sets. Sales of the 5-coin State Quarters Proof Set, which went on sale June 5, have reached 1,147,118, or 96 percent of the estimated total production of 1,190,000 sets. Sales of the 9-coin 1999 Silver Proof Set, which sent on sale on October 29, 1999, have reached 746,155 sets, or 94 percent of the estimated total production of 800,000 sets.

The 9-Coin Proof set includes one quarter from each of the five states (Delaware, Pennsylvania, New Jersey, Georgia, and Connecticut) honored in 1999 as well as the 1999 Lincoln Cent, Jefferson Nickel, Roosevelt Dime, and Kennedy Half-Dollar, and sells for $19.95.

The 9-coin Silver Proof Set includes 90 percent silver version of the five 1999 50 State Quarters, as well as 90 percent silver versions of the Roosevelt dime and Kennedy half dollar, which also contained silver prior to 1965, for $31.95.

Both the 9-coin Proof Set and Silver Proof Set were produced at the San Francisco Mint and bear the “S” mint mark. Both proof set cases are inserted into specially printed sleeves and are accompanied by a Certificate of Authenticity. There are no order limits.

Customers interested in these items should place orders as soon as possible on the U.S. Mint’s secure website at www.USMINT.gov. In addition, customers may also order by telephone by calling 1-800-USA-MINT. If customers prefer to fax their orders they may download an order form from the website and fax it to (301) 344-4150. Telephone and fax orders incur an additional shipping and handling fee of $3.95 per order, which is waived when ordering directly online.

Seventh Design in Popular 50 State Quarters™ Program Depicts Maryland State House

IMMEDIATE RELEASE FOR FURTHER INFORMATION:

WASHINGTON, D.C. - The U.S. Mint today announced that it has begun production of the seventh design in the 50 State Quarters series, and will begin shipping new Maryland quarters to Federal Reserve banks on March 13, 2000. The striking of Maryland quarters signals the end of production for Massachusetts quarters, as each design in the 50 State Quarters™ Program is produced for just 10 weeks.

“As the public looks forward to the new Maryland quarter, it is important to remember that there are now six ‘retired’ quarter designs,” said U.S. Mint Director Philip N. Diehl. “The quarter designs for Delaware, Pennsylvania, New Jersey, Georgia, Connecticut and Massachusetts are currently circulating in pocket change and available in collectors editions, but they are no longer being produced.”

The Maryland quarter features a reverse design depicting the Maryland State House dome in Annapolis. “As the oldest working state house in the country, our magnificent capitol building represents Maryland’s rich history and the unique role our State has played in American history,” said Governor Parris N. Glendening. “Among its many distinctions, the Maryland State House is the only state house in the country ever to have served as the nation’s capitol. The new quarter will be a lasting reminder of Maryland’s heritage and its place in American history.” On the quarter, the state house dome is surrounded by the nickname “The Old Line State” and balanced on both sides by oak leaf clusters.

Maryland quarters will begin appearing in circulation by late spring. Following the release of the Maryland quarter, state designs being produced in 2000 will honor South Carolina, New Hampshire and Virginia.

“Due to increased consumer demand for the 50 State Quarters Program coins, we will be striking more than one billion quarters to satisfy the 10-week period when Maryland is honored with a quarter design,” said Diehl. “This quantity represents more than a 50% increase over the number of quarters we produced for Delaware, the first design in the 50 State Quarters series.”

Legislation signed by the President in late 1997 authorized the Mint to honor the 50 states in the order they entered the Union or ratified the Constitution by producing five quarters each year from 1999 through 2008 with reverse designs celebrating the heritage of each state. The design process for each quarter is determined within each state by the Governor before design concepts are sent to the Mint, and then returned to the states for final selection. Approval of the final design rests with the Treasury Secretary. The well-known “Eagle” reverse quarter is scheduled to resume in 2009.

The 50 State Quarters Program coins are manufactured at both the Philadelphia and Denver Mints, which produce all legal tender U.S. circulating coins, before being shipped to the Federal Reserve for distribution through the banking system. The Federal Reserve orders new quarters to ensure an adequate supply to meet the needs of commerce as commercial banks demand.