
The New Texas Quarter
WASHINGTON,D.C. -- Hang on to any of the new
State of Texas 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 Texas quarters that
are part of its program featuring quarters from each state. "We are
recalling all the new Texas quarters that were recently issued," Treasury
Undersecretary Jack Shackleford said Monday. "This action is being taken
after numerous reports the 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.
"The problem lies in the unique design of the Texas quarter, which was
created by a Texas A&M graduate." Shackleford said. "Apparently, the duct
tape holding the two dimes and nickel together jams the coin-operated
devices."
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