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September 2009

SITES ANNOUNCED FOR "AMERICA THE BEAUTIFUL" QUARTERS PROGRAM

On September 9 the U.S. Mint announced the 56 sites selected for a new circulating commemorative quarter program that begins next year. Per Public Law 110-456, the America's Beautiful National Parks Quarter Dollar Coin Act of 2008, the U.S. Mint will issue a series of 56 quarters honoring a national park or other significant site in each of the 50 states, the District of Columbia and five U.S. territories: Puerto Rico, Guam, American Samoa, the U.S. Virgin Islands and the Northern Mariana Islands.

The sites to be honored on 2010 quarters are Hot Springs National Park in Arkansas, Yellowstone National Park in Wyoming, Yosemite National Park in California, Grand Canyon National Park in Arizona and Mount Hood National Forest in Oregon. Quarters in the series will be produced at the rate of five per year through 2020. The final quarter in the series, honoring Tuskegee Airmen National Historic Site in Alabama, will be issued in 2021.

The quarters will be released in the same order that each featured location was established as a national park or site. All 56 selections were approved by Treasury Secretary Timothy F. Geithner from a list proposed by the Mint, after consultation with the governor of each state, the chief executives of the other 6 jurisdictions and Interior Secretary Ken Salazar. The comple list of sites and the order in which they will appear is posted on the U.S. Mint's web site.

The same legislation also instructs the Mint to strike and to sell concurrently with each quarter a .999 fine silver bullion coin bearing the same design. Each silver bullion coin will contain 5 ounces of silver and be 3 inches in diameter, with the weight and fineness of the silver to be inscribed on the edge.

DID YOU KNOW?

A bust of George Washington facing left will be retained on the obverse of the quarters in the new program - the Mint has announced that it will be "a restored version ... including subtle details and the beauty of the original model." Washington first appeared on the quarter in 1932. Washington $5 obverse, courtesy of U.S. MintWashington $5 reverse, courtesy of U.S. MintThe design was intended to be a commemorative issue honoring the 200th anniversary of his birth, but it proved popular with the public and has been retained ever since. Two of the inscriptions originally on the reverse of the Washington quarter were moved to the obverse with the advent of the state quarters program in 1999, to allow more room for the individual state designs.

In 1931 a submission to an open design competition for the new quarter submitted by Laura Gardin Fraser was declared the winner by both the Washington Bicentennial Commission and the federal Commission of Fine Arts. The Treasury Secretary at the time, Andrew Mellon, ignored the results and instead chose a design submitted by John Flanagan. Mellon was reportedly unwilling to use a design created by a woman. Fraser's design was finally used on a commemorative five dollar gold coin honoring Washington in 1999 (images courtesy of U.S. Mint), issued 200 years after his death.

DANSCO COIN PRODUCTS NOW AVAILABLE

Dansco album #8100Telesphere Numismatics is pleased to announce that we now offer Dansco coin albums, binders, pages and slipcases. Dansco's high quality coin albums with a brown simulated leather cover and gold colored lettering are familiar to collectors. Dansco products are made in the U.S.A.

Dansco makes albums for many more coin series than the product line we previously carried. Dansco's albums and pages are updated in a timely manner (e.g. Lincoln Cent albums include labeled spaces for all four 2009 cent designs). We now have 50 of the most popular albums in stock and can obtain most others in a matter of days.

In addition, you can build your own custom coin album with blank Dansco binders and pages. The binders are available in six different sizes (thicknesses), and the pages are available for the most popular U.S. coin series and in various other sizes.

Additional protection for the coins in your standard or custom album can be provided with an optional slipcase lined with a 2 mm thick layer of Silver-Guard material, to protect coin metal from reacting with corrosive gases in the atmosphere.

CURRENT SPECIAL

To celebrate our introduction of Dansco products, our discount on Dansco coin albums has been increased to 25% through September 30. The same 25% discount also applies to each slipcase purchased with an album. All of the albums in stock and their sale prices are posted on our Current Special page.

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