Hang on to any of the new State of Michigan quarters. If you have them,
they may be worth much more than 25 cents. The U.S. Treasury announced
today that it is recalling all of the Michigan quarters that are part of
its' program featuring quarters from each state.
"We are recalling all of the new Michigan quarters that were recently
issued," Treasury Undersecretary Jack Shackleford said Monday. "This
action is being taken after numerous reports that new quarters will not
work in parking meters, toll booths, vending machines, pay phones, or
other coin-operated devices."
The quarters were issued in the order in which the various states joined
the U.S. And have been a tremendous success among coin collectors
worldwide. They could be worth well over $100 each!
"The problem lies in the unique design of the Michigan quarter, which was
created by a University of Michigan graduate," Shackleford said.
"Apparently, the duct tape holding the two dimes and the nickel together
keeps jamming the coin-operated devices."
Go Buckeyes!!
