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Replies: 36 / Views: 2,606 |
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Valued Member
 United States
449 Posts |
That is very cool! 
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Pillar of the Community
 United States
7174 Posts |
Silviosi, are you saying 200 million copper 1983s were released into circulation? If that's the case, why would the specimens that sell at auctions go for $ 23,000
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Pillar of the Community
Canada
6244 Posts |
@CU: I sad that West Point deliver 200 mill to Philadelphia to be release and complete the required production. Do the release all? or just a fraction and the balance in the vault and later been melt. We has not to forgot that in 85 and 83 the Cu price was sky-rocket and for the mint to release all was lost in profits. Any way the Cent production it is not a super good business for them. Example: 1000$ cents coins cost 826$ to produce. It is around 0.0078 cent a coin and if we compare with the quarter which cost 0.038 cent to produce you can understand why the probably do not release full stock.
So me I can not say 100% those coins was release. But 100% was ship from West Point to Phil. for the production to be fulfill.
Do you know that on 1 December 1981 the CPZ production start? Do some of the blanks in CPZ pass by mistake on the 1981 production? Could be because the new presses for CPZ was installed in the begin of the November 1981.
CU I like the designs varieties and also I study the Mint History and theirs variations on the way they develop and function. Hope help not only you but the others also.
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Valued Member
United States
92 Posts |
Gratz. A DD is always nice to find.
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Pillar of the Community
United States
2558 Posts |
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Pillar of the Community
United States
2742 Posts |
Congrats on a great DDR find! Even though the condition is rough, the doubling really pops on this coin. The split on the base of the memorial is awesome.
"Pride is yoked with callous behavior, as humility is with compassion." St. Gregory Palamas Top Finds - 1969-S 1c FS-101 http://goccf.com/t/477681 1976 D WQ FS-101 http://goccf.com/t/382777 - 1968 D 1c FS-801 http://goccf.com/t/422254Cool clashed dies - 1972 D 1c http://goccf.com/t/429855&SearchTerms=CCLStruck-In Rim Burr - 1969 S 1c http://goccf.com/t/425587&SearchTerms=burrFloating (Type II) Counterclash - 1978 D 1c http://goccf.com/t/434991&SearchTerms=1978
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Moderator
 United States
56855 Posts |
There is very little copper on a copper plated cent. I do not see the mint "melting" copper plated zinc core cents. Are there government records for this time period? A link? John1 
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Valued Member
United States
392 Posts |
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Pillar of the Community
 United States
8793 Posts |
Excellent find, congrats!
-makecents-
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Pillar of the Community
Canada
6244 Posts |
@JOHN1 No record for a recall for recoinage for CPZ till this date. All the record till today mention Cooper coins, Silver and Gold. Seem it is not worth to recall Nickel or CPZ. Chipper to buy raw material from mining the to recycle.
Edited by silviosi 01/26/2023 5:35 pm
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Pillar of the Community
 United States
7174 Posts |
As John1 said above, I'd like to see the report of 200,000,000 copper cents minted in 83. If they did mint them, why wouldn't they release them. They had the cost in them already. I know why they switched to zinc, but they made 775,000,000 zinc 83s what would be the problem of releasing the 200,000,000 copper cents already minted.
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Pillar of the Community
 United States
8793 Posts |
Once again, Echo1711, very nice find!
-makecents-
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Pillar of the Community
Canada
6244 Posts |
@CuJohn and @John. I work to made a table how was report and has the all numbers. Do not thing it is easy. Each year they made the report according by FY which start on July 1 till June 30 next year. in the same report we have all FY then the calendar year (ex in June 30 1983 has the calendar year of 1982) and then you has the tables for the January 1 1983 till June 30 1983. Apparently is nice and easy but it is not. In order to see how many of those coins was in Bronze and how many was in CPZ I have to go to the costs of the production by material and divide by the weight of the coin to have the number. Please give me a little time and I come back because this it is an ambiguate point in the coins minting and I want to go to the bottom. Quote: would be the problem of releasing the 200,000,000 copper cents already minted. For this I have to do same calculus for Philadelphia. Quote: I do not see the mint "melting" copper plated zinc core cents. Are there government records for this time period? I do not say they recall CPZ, I say that they recall Copper coins (bronze and brass) This we can see from the reports of 1986 and 1987 most significative in numbers. They put those numbers in recoinage and Cu from coins seigniorage by $ of the price of the Cu of that time. It is complicate but I will come to the bottom.
Edited by silviosi 01/27/2023 12:17 am
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Moderator
 United States
15489 Posts |
Very nice find - that is a winner for sure. 
Take a look at my other hobby ... http://www.jk-dk.art
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New Member
 United States
45 Posts |
Thanks again everyone. I really appreciate this forum for information.
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Replies: 36 / Views: 2,606 |
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