Originally posted by tim60 The new 1 pound coin here is bimetallic, and they found one batch was faulty and the middle section fell out.
That's similar to the debacle we had here several years ago with one of our state quarters.
Hang on to any of the State of Texas quarters if you
have them. They may be worth much more than 25 cents.
The U.S. Treasury announced 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 Texas quarters that have been
issued," Treasury Undersecretary Jack Shackleford
said Monday. "This action is being taken after numerous
reports that 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 grad student," Shackleford said.
"Apparently, the duct tape holding the two dimes and the nickel together
keeps jamming the coin-operated devices."