Posted by Mike Smith :: December 7, 2007 @ 5:30 am

As I mentioned in my post about the Presidential $1 Coin Program, the US Mint’s State Quarter program has been the most successful coin program in the history of the United States. The final coins in that program were recently unveiled, and the program will be ending after their release.

The coins were released in the order in which each state was admitted to the union. As such, the last quarters will be Oklahoma, New Mexico, Arizona, Alaska and Hawaii. The first of the new coins will be released starting in January and then every 10 weeks after that. So, by the end of 2008, every state coin will have been issued. Going forward, the tails side of the coin will again feature an American eagle.

It’s hard to believe that all fifty states will have been covered by the end of next year. I remember thinking when the program began that the end seemed so far away. Like so many other aspects of life, this coin program helps to show just how quickly time goes by. It makes you realize that taking out a personal loan from Lending Club, which could easily put you in a better financial position by helping you consolidate your debt, is a smart move because you can pay it back in just 36 months. With such a reasonable repayment plan, you could’ve paid off three consecutive loans over the course of the state quarter program.

The popularity of the state quarter program, and the increased production that resulted, has enabled the government to realize an extra $3.8 billion in profits. How much extra money will you be able to accumulate in the next 3 years by capitalizing on a Lending Club loan? Its popularity is also an indication of its likelihood of success.