Katie Thornton
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Appearances Over Time
Podcast Appearances
They were like the weather.
Everyone talked about them all the time.
Soon, the private market was cashing in on it too, selling all sorts of accessories.
As planned, the coins rolled out five a year for 10 years.
They made nearly $35 billion of these quarters.
The program was so popular that after a decade of releases, the Mint extended the run an extra year and added the territories.
Am I understanding correctly that that was from the seniorage alone?
That money went back into the Treasury's general fund, which went to lowering the tax burden and paying down the national debt.
It was a huge victory, and it turned a whole generation onto the magic of coins, including Caroline Turco.
In the past year, coins have been in the headlines.
finally stopped producing the penny, RIP.
We have new coin designs that honor the U.S.
Coins whose images paint a very specific and perhaps overwhelming
overly generous view of early American history, with designs of pilgrims and the Mayflower.
But these coins will be around for a long time, and love them or hate them, they are probably going to get some folks hooked on coin collecting.
That's good for the mint, but they're not the only ones who want to see the hobby live on.
Ultimately, the state quarters program did something similar, just on a much bigger scale.