Don't spend money collect them


New Life In The Coin Market

It took the 50 States quarters program,influence they enjoyed in the hobby at that
introduced in 1999, to breathe new life intotime. This drop in importance reflected a
the coin collecting hobby. Millions ofgrowing knowledge that coins that could be
American people began once again to checkpurchased in roll or bag quantities were not
their pocket change looking for tougher dateslikely to become scarce or desirable to
and a prolific number of error coins.serious coin collectors. The coin collecting
Regardless of where you live, in good timesemphasis began to shift to single coins with
and bad, using coins as a means of making alow  mintages  and  superior  quality.
profit has been a key factor in many people
being involved in the hobby. It is excitingThe ending of silver minted coins in the
to the metal detecting hobby too as thousands1960's also led many US hobbyists to back
of users in the US are competing to be theaway from coin collecting. Almost overnight
first  to  complete  a  set of all 50 states.the silver coins disappeared from circulation
and could not be found in pocket change. The
I got started coin collecting in the boom erainability of finding scarce collectibles in
of US coin collecting back in the 1960's.their small change removed the most important
Coin prices soared to all time highs as thefactor for participation in the hobby and the
uncirculated roll market was a phenomenamarketplace. In 1999, it happened again!
unequaled in its power to attract collectorsThese popular 50 States quarters have all of
and investors. The 1950 D Jefferson Nickelus looking at our change again. My 80 year
rolls are a classic example of this boom.old Mom has purchased BU rolls of all issues
This roll sold for as much as $1200- a pricefor her and her grandson. Children of all
of $30 per coin in the 40 coin roll. As aages have folders and albums for their coins
college student, I would go to coin cluband some of them are also educational tools
meetings and purchase BU rolls of Morgans andthat geography and history teachers are
Walking Liberty halves for $30 to $40 andutilizing. As a treasure hunter, every new
double or triple my money the very next day.one I find brings almost as much excitement
Good spending and expense money for a studentas a good silver or gold coin. If you are new
who was working about 30 hours a week to helpto the hobby of metal detecting or to coin
pay for my education. But the roll boomcollecting, the 50 States quarters are a good
sputtered in the second half of the decadeplace to begin. Here's to "diggin' it"!
and late-date rolls have never regained the



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