Financial update: Wednesday, January 23, 2008

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Published: January 23, 2008
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Youth has benefits: Free money
State officials will hand out freshly circulated Oklahoma quarters to children under the age of 18 who attend a ceremony on Monday at the Oklahoma History Center in Oklahoma City.

The Oklahoma quarter goes into national circulation Monday. After the 2 p.m. ceremony, the public can exchange $10 for a roll of shiny, new state quarters.

The public also is invited to a free coin collectors' forum Sunday in the Chesapeake Room of the Oklahoma History Center hosted by U.S. Mint Acting Deputy Director Dan Shaver. The forum, from 3 to 4:30 p.m., will offer participants a chance to tell Mint officials what they would like to see on future U.S. coins.

The Oklahoma quarter is the 46th coin of the U.S. Mint's 50 State Quarters Program, because Oklahoma was the 46th state to be accepted into the Union in 1907. Officials expect to mint more than 500 million Oklahoma coins.

Others expected to attend the ceremony are Gov. Brad Henry and first lady Kim Henry, and state Treasurer Scott Meacham.

The tail side of the Oklahoma quarter is a design depicting Oklahoma's state bird — the scissortail flycatcher — in flight with its tail feathers spread. The bird is in the center of the coin, with a field of Indian blanket wildflowers around the bottom half. At the top is the word "Oklahoma,” and just below that is the year of statehood, 1907.

From Staff Reports