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Why Isn't There A 1922 Mercury Dime?

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 Posted 04/03/2016  8:13 pm  Show Profile   Bookmark this reply Add denco7 to your friends list
Also there was a glut of available coinage to feed the booming war economy (WWI), After the war, the lack of war production put the economy into a recession. With the war over {1920) supply of available coinage still in storage, was excessive. That is why 1921 mintages are so low and there was no need to mint more in 1922.
Edited by denco7
04/03/2016 8:16 pm
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 Posted 04/03/2016  8:41 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list
Very interesting. But they did make 1922 cents.
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 Posted 04/03/2016  8:45 pm  Show Profile   Bookmark this reply Add moxking to your friends list
If you think 1922 was sad for denominational diversity, try 1815. Then save like crazy to own one.
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 Posted 04/03/2016  9:03 pm  Show Profile   Bookmark this reply Add mdrosophila to your friends list
No new dies made for 1922 cent either. They had to use old dies to try to make some cents. So the born of infamous 1922 no D cent with polished old dies.
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 Posted 04/03/2016  9:47 pm  Show Profile   Bookmark this reply Add Hello There to your friends list
Why was the focus so great on dollars?
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 Posted 04/03/2016  10:19 pm  Show Profile   Bookmark this reply Add jack jeckel to your friends list

Quote:
Why was the focus so great on dollars?


Political lobbyists.

And 90 years later you thought it was a new problem
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 Posted 04/03/2016  10:23 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list
Do you mean politics are the reason we still have cents, nickels, and dollar bills?
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 Posted 04/04/2016  01:04 am  Show Profile   Bookmark this reply Add n9jig to your friends list
The silver dollar coin was rarely used in commerce then, but rather was used to back paper money and as reserves for small banks. Due to the recession and coin glut the nation was flush with subsidiary coinage so there was no need for most coins except cents to be made.

However, silver and mining interests in the western USA conned/bought off or otherwise convinced Congress to sell a quarter billion melted silver dollars to Great Britain and coin newly mined silver to replace them. This also helped keep the mint's staff busy.
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 Posted 04/04/2016  09:23 am  Show Profile   Bookmark this reply Add mycrob to your friends list
No 1932 or 1933 Mercury dime either. Great depression was the reason for that.
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 Posted 04/04/2016  2:28 pm  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
Do you mean politics are the reason we still have cents, nickels, and dollar bills?
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 Posted 04/05/2016  6:55 pm  Show Profile   Bookmark this reply Add briank to your friends list
Just wait, I'm sure some hoard be found someday.....via China
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 Posted 04/05/2016  9:13 pm  Show Profile   Bookmark this reply Add DoubleEagle20 to your friends list
1816 is very scant year as well. Due to a fire at the mint and being the "year without a summer", the only coin minted was the 1816 large cent. It was made from planchets, oddly enough, imported from Britain.
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 Posted 04/05/2016  11:37 pm  Show Profile   Bookmark this reply Add D0ubl3Eagle to your friends list
If you ever look at silver certificates with a series 1928 or before, they all say some something along the lines of "payable in silver dollars to the bearer on demand." I think beginning with the 1933 $10 silver certificate, they changed it to say "payable in silver to the bearer on demand."
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 Posted 04/06/2016  11:17 am  Show Profile   Bookmark this reply Add Conder101 to your friends list

Quote:
Why was the focus so great on dollars?

As One50 said, the Pittman Act. The econony was in a recession after WWI and there was little demand for coinage, but the Pittman Act required the 250 million silver dollars melted down and sold to Great Britain to be recoined. By recoining the silver dollars the mint employees could be kept employed and busy, plus the silver dollars produced allowed the government to reissue millions of dollars worth of silver certificates back into the economy as a stimulus. (When the dollars were melted down the government had had to withdraw the silver certificates from circulation because they no longer had the backing for them.)
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 Posted 04/06/2016  5:34 pm  Show Profile   Bookmark this reply Add just carl to your friends list
Simple. There was no 1922.
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