A popular method of assembling a collection of State Quarters is by the roll. A collector would seek to acquire one 40-coin roll with a face value of $10 for each design of the program. Typically, these collections would be composed of original bank wrapped or US Mint packaged rolls containing quarters in brilliant uncirculated condition.
During the course of the series, State Quarter Rolls (Buy on eBay) could have potentially been acquired from banks at face value. Federal Reserve Banks allowed depository institutions to order unmixed quantities of each design during a certain introductory period. Because of the broad popularity of the program, most banks would place orders for the a sufficient number of coins to meet the demand of their customers.
State Quarters were minted for circulation at both the Philadelphia and Denver Mints, carrying the “P” or “D” mint mark. If acquiring the coins from local banks, usually only one of the mint marks would be available based on the distribution territory of the Federal Reserve Banks.
On May 14, 1999, more than four months after the first coins were released into circulation, the United States Mint announced the availability of coins of the 50 State Quarters Program in 100-coin and 1,000-coin bags. These could be purchased directly from the US Mint via their website at an initial price of $29.95 for 100-coin bags or $289.95 for the 1,000-coin bags available from either the Philadelphia or Denver Mint. The products were created in response to demand from collectors for larger quantities of quarters than could be acquired from local banks.
The product offering experienced strong demand. After some of the 1999-dated bags sold out in hours, the US Mint expanded the number of quarters available through the existing products and added other options. Starting with the ninth release of the series featuring New Hampshire, a two roll set was offered for $32. Each set included one 40-coin roll from the Philadelphia Mint and one 40-coin roll from the Denver Mint. The two roll sets were offered for each design for the remainder of the program.
A complete collection of State Quarter Rolls would contain 50 rolls with a face value of $500, if one roll is acquired for each design. The collection expands to 100 rolls with a face value of $1,000, if one roll is acquired for each design and mint mark.
