What to do with my newly found state quarters?

Question

I have just inherited quite a few jars and containers of state quarters from my mother. She would save everyone she came across, and throw them in a container. She also has a few states that are rolled in clear plastic as well as paper rolls from the bank. Should I count these, cash them in, and spend the money, or is there a chance at all that I should save them for my daughter as they may be worth something more than .25 down the road when they quit being made?

Answer 1

This article on about.com might be able to help you decide.  Consider this a roll of 40 2002-P Tennessee is worth $29.50  

Answer 2

If they are in really good shape, some of them may be worth more than .25 cents now.  I've seen several lists showing the whole sale value of some of these coins to be between .25 - .40 cents.  I would do some research and check out ebay.  

If your daughter is elementary age, I would put the collection in a book and let her help you.  She could learn about the states, etc.  I did this with my two daughters until they became teenagers and lost a lot of interest.  But, they never spent their quarters; they still have them in their books.

The idea goes that coins will always go up in value depending on their quality.  My grandmother gave me her penny collection.  These pennies are now worth about .03 to .15 cents each now.  

There were several "errors" in these state quarters.  If you have one of the error quarters, it could be worth several dollars and on up depending on the type of error.  You can find out about the legitamate errors on the internet.

Have fun!