Hey everyone, I was wondering if anyone could explain why it is that in almost every box I've broken I find a number of practically uncirculated 1964 D Lincoln cents. Was there a high mintage of them? Is it the most commonly broken set? any insight?
could be that someone dumped a bunch of them in your area.
I often notice trends within boxes. For example, a bunch of BU 60s coins. basically a trend that does not exist overall, but localized in some boxes due to a dump. It definitely happens.
I could tell in my last boxes of halves that there was a bunch of 94s and 95s that seems to have come from the same source. Not sure where, but a bunch must have been mixed in when they were boxed up. All in the same condition, seemingly from the same source.
Production was stepped up because it was assumed/feared that hoarding would occur on a massive scale after the metal content switch in 1965. People hoarded the coins for that exact reason.
These coins were probably a hoard that ended up in a coinstar when it was realized that BU memorial cents don't bring much premium. As a cashier, I used to see an occasional surge of BU 1959 cents for the same reason.