- Tuesday, October 18, 2005
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 that new quarters will not work in parking meters, tollbooths, vending machines, pay phones, or other coin-operated devices.
The problem lies in the unique design of the Texas quarter, which was created by an Aggie graduate, Shackleford said.
"Apparently, the duct tape holding the two dimes and the nickel together keeps jamming the coin-operated devices."
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