On May 17 production began on the first Arizona Quarters to celebrate the 48th State. The program that started in January 1999 with the issuance of the quarter for Delaware is wrapping up with production of quarters for New Mexico, Arizona, Alaska, and Hawaii in order of their
admission to the Union. Now, with the U.S. Mint's 50 State Quarters program in its 10th year, the 48th state's design became the 48th state quarter as the Grand Canyon and saguaro began their minting run in Denver. The Arizona coins will enter circulation in June according to Michael White, a U.S. Mint spokesman.
Officials at the Mint estimate that 500 million Arizona Quarters will be made with the Grand Canyon and a saguaro on the reverse side. The New Mexico quarter is already in circulation. The mint also estimates that 140 million Americans are collecting the state coin series.
Richard Snow, who has written three coin-collecting books and operates Eagle Eye Rare Coins in Tucson said last week that "Artistically, for the Mint to put the Grand Canyon on a small coin is really a challenge." The quarter program has brought in some new people to the hobby of numismatics, said Richard Smith, owner of the Coin Gallery in Phoenix. When Smith got into the hobby as a kid, there were all types of coins, made out of several different metals, in circulation. Coins became standardized in 1964, bringing on the "dark days" of the hobby.
"This (program) has brought in 12-year-olds and 15-year-olds," Smith said.
A kid who started collecting when the program started would now be a teenager or young adult. By now, Smith said, they could have acquired a lifelong hobby. "Or," he said, "at least they have $12.50."