On December 16, Numismatic News published an article by Patrick A. Heller, entitled “Help Try to Change Fed’s Policy on Obtaining 2022 Quarters.” The article is a call to action to coin dealers and collectors to contact the Federal Reserve regarding the American Women quarters set to debut next year. Heller indicates that unlike the Delaware Statehood quarters or Pictured Rocks National Lakeshore quarters, the American Women quarters have not had a visible option to be ordered directly from the Federal Reserve by local banks. These quarters in previous years were used by Heller to organize charitable “food-raisers” as a medium of exchange when people brought in non-perishable food or cash for the food bank events. A lack of access to modern quarters in banks or credit unions upon request will undoubtedly affect their ability to organically circulate as well.
Asked to remark on Patrick Heller’s commentary, Dennis Tucker (publisher at Whitman Publishing and a member of the Citizens Coinage Advisory Committee) observed that the Circulating Collectible Coin Redesign Act of 2020 requires the Treasury Department and the Fed to make the coins available to collectors. Section 6.3.B. states, “The Board of Governors of the Federal Reserve System and the Secretary [of the Treasury] shall take steps to ensure that an adequate supply of coins . . . are available for commerce and collectors at such places and in such quantities as are appropriate.”
To read the entire article by Patrick A. Heller, please click here.