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Bedrock of the Community
 United States
12477 Posts |
Quote:
Then everyone must have started hoarding coins again, but just from 2009 because I almost never see them in circulation Yep, I believe they began to be hoarded after collectors realized the low mintages. It created a semi-key or key date for everything. In Memory of Crazyb0 12-26-1951 to 7-27-2020
In Memory of Tootallious 3-31-1964 to 4-15-2020
In Memory of T-BOP 10-12-1949 to 1-19-2024
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Bedrock of the Community
United States
12844 Posts |
Let's be honest here and describe it for what it really is... "relatively low 2009 mintages".
The 2009 coins were still minted in the (many) tens of millions and will never be remotely rare or scarce.
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Bedrock of the Community
United States
12477 Posts |
Check out the Roosevelt dime mintages of 2008, 2009 and 2010. You can find a reduction by nearly 90% with some in 2009. I wouldn't call that " relatively low." 2008-D: 413,000,000 2009-D: 49,500,000 2010-D: 562,000,000 In Memory of Crazyb0 12-26-1951 to 7-27-2020
In Memory of Tootallious 3-31-1964 to 4-15-2020
In Memory of T-BOP 10-12-1949 to 1-19-2024
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Bedrock of the Community
United States
17884 Posts |
Quote:
You can find a reduction by nearly 90% with some in 2009. I wouldn't call that "relatively low."
2008-D: 413,000,000
2009-D: 49,500,000
2010-D: 562,000,000 And there are maybe 2 million coin collectors in the US and many of those are NOT serious collectors, and many do not collect Roosevelt dimes, but there are is still close to a half a roll of 2009_d dimes for every single one of them. (Compared to four rolls of 2008-D and 6 rolls of 2010-D) That sounds relatively low. As CalticKnot said they will never be scarce or rare. Quote:
Then everyone must have started hoarding coins again, but just from 2009 because I almost never see them in circulation, and only just found my first Jeff last week. Well all of the 2009 coins had significantly lower mintages and that was well known, so yes a lot of people hoarded them. The Lincon cents had the first design change in 50 years which made them an additional target, The nickels and dimes were the lowest mintages in something like 50 years. The quarters were the last year of the State Quarters (Or the only year of the territorial quarters) and their mintages due to the change jar dumping were small compared to the rest of the State Quarters which made them harder to come by as well. So they were hoarded too. |
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Pillar of the Community
United States
3473 Posts |
10's to 100's of millions of low denomination coins and typical $.50 and $1.00 produced. Nothing to see here.
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Moderator
 United States
189142 Posts |
Quote:Well all of the 2009 coins had significantly lower mintages and that was well known, so yes a lot of people hoarded them. The Lincon cents had the first design change in 50 years which made them an additional target, The nickels and dimes were the lowest mintages in something like 50 years. The quarters were the last year of the State Quarters (Or the only year of the territorial quarters) and their mintages due to the change jar dumping were small compared to the rest of the State Quarters which made them harder to come by as well. So they were hoarded too. This.  |
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Pillar of the Community
United States
4211 Posts |
 I think so too.....lots of people hoarded them and I hardly ever see a 2009 anything in circulation. Perhaps a "fine" 2009 will be more valuable than a MS 40 years from now. |
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Pillar of the Community
United States
3327 Posts |
I've never seen any 2009 nickels or dimes in circulation, either. The only ones I have are in my mint set.
On another note, can anyone tell me why the 2012 proof and mint sets are going for more than the 2011 or 2013? Production numbers don't seem to support the prices. Just curious...
"Nummi rari mira sunt, si sumptus ferre potes." - Christophorus filius Scotiae
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Moderator
United States
189142 Posts |
Quote:
On another note, can anyone tell me why the 2012 proof and mint sets are going for more than the 2011 or 2013? Production numbers don't seem to support the prices. Just curious... The mint abruptly ended proof set sales in 2012. Many people were left without a set. |
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Bedrock of the Community
United States
12844 Posts |
Quote:
You can find a reduction by nearly 90% with some in 2009. I wouldn't call that "relatively low." I follow your logic, but if you want to get technical, your statement is a textbook example of relative comparison.  Yes, MANY fewer were minted than surrounding neighbor years. Yes, they are very likely hoarded. But eventually they will get cashed in/out. I don't get 2009s often but I do get them. You don't see any of the 1B 1958 Wheaties in circulation but no one is calling them rare or scarce. There were 2.3B 2009 cents minted for circulation. We can agree to disagree, but numbers are numbers. And that was indeed a strange thing in 2012 when they stopped selling Mint sets abruptly. |
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Pillar of the Community
United States
3327 Posts |
Thanks for the info. Of course that's the only mint set I didn't try to get mint-direct.  "Nummi rari mira sunt, si sumptus ferre potes." - Christophorus filius Scotiae
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Moderator
United States
189142 Posts |
Quote:
We can agree to disagree, but numbers are numbers. You are welcome to your own opinions, but not your own facts. |
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Pillar of the Community
United States
927 Posts |
I remember in 2009 getting the first 3 Lincoln Cent designs somewhat regularly in change. Less so for the 4th design. Then after 2010 they are rarely seen (by me anyway). I might have gotten 1 each 2009 P nickel and dime (no D's) in change since 2009. They are certainly not rare but they don't show up often. You aren't going to get rich on these but they are still fun to find when they do show up. That's what makes it interesting. |
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Bedrock of the Community
United States
12477 Posts |
Quote:
your statement is a textbook example of relative comparison. What are key dates (caused by unusually low mintage) then if not relative comparison? Quote:
You are welcome to your own opinions, but not your own facts. I didn't present any opinions disguised as fact. I presented the facts concerning the 2009-D dime mintage compared to surrounding years. I can see how a reduction to 50% would be called "low." A reduction by 80%+ is very low. Low mintages past cannot be used as a direct comparison because there are many more people involved in the circulation coinage equation now. In Memory of Crazyb0 12-26-1951 to 7-27-2020
In Memory of Tootallious 3-31-1964 to 4-15-2020
In Memory of T-BOP 10-12-1949 to 1-19-2024
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Moderator
United States
189142 Posts |
Quote:
I didn't present any opinions disguised as fact. Sorry, spruett001, that was not really directed at you!  It is just a semi-famous quote (which was not actually verbatim) that I thought CelticKnot might get. |
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Posted 06/15/2017 11:05 pm
