Coin Community Family of Web Sites
300,000 items to help build your collection! Vancouvers #1 Coin and Paper Money Dealer Coin, Banknote and Medal Collectors's Online Mall Shop CCF Members on eBay! Specializing in Modern Numismatics Shop for APMEX Bullion on eBay!Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes.








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

Commems Collection Classic: Quick Bits #45 - Circulation Dumps

To participate in the forum you must log in or register.
Author Previous TopicReplies: 3 / Views: 1,494Next Topic  
CCF Master Historian of USA Commemoratives
Learn More...
commems's Avatar
United States
12251 Posts
 Posted 01/17/2022  08:04 am Show Profile   Bookmark this topic Add commems to your friends list Get a Link to this Message Number of Subscribers
@hokiefan_82 asked:

Quote:
What about the issues where the unsold coins were simply released into circulation?

That's a question that pops up from time to time. I try to answer when I see it. You may have come across this discussion:

- Half Dollars Released Into Circulation

I haven't before put numbers to the circulation releases before, so I decided to do so here. Following are the classic-era coin programs that eventually witnessed bulk releases of unsold coins into circulation:

Year      Coin                                           Released
1893      World's Columbian Exposition Half Dollar       ~1.1 Million
1923      Monroe  Doctrine Centennial                    ~247,000
1924      Huguenot-Walloon Tercentenary                  ~55,000
1925      Stone Mountain Memorial                        ***
1946-(P)  Booker T. Washington Birthplace Memorial       ***
1946-D    Booker T. Washington Birthplace Memorial       ***
1946-S    Booker T. Washington Birthplace Memorial       ***
1950-S    Booker T. Washington Birthplace Memorial       ***
1951-(P)  Booker T. Washington Birthplace Memorial       *** 
1951-(P)  Carver-Washington                              ***
1952-(P)  Carver-Washington                              ***
1953-S    Carver-Washington                              ***
1954-S    Carver-Washington                              ***

*** Reliable "circulation release" records for these issues are not available. Reasonable estimates for each are available for the number of coins returned to the Mint for melting, but specific, verifiable numbers for sold coins vs. those released into circulation are not available (at least not that I've uncovered to date!). Based on the net mintage figures of each (i.e., number struck - number melted), however, it is likely that 100,000+ of each listed coin type (vs. specific date and mint mark issue) were released into circulation.

Note: Individual coins of all early types have been released into circulation, mostly unofficially, These circulated examples are avidly pursued by today's "low ball" collectors.




Collecting history one coin or medal at a time! (c) commems. All rights reserved.
Edited by commems
01/17/2022 08:08 am
Bedrock of the Community
Coinfrog's Avatar
United States
94367 Posts
 Posted 01/17/2022  09:14 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Had no idea, thanks!
Pillar of the Community
Learn More...
hokiefan_82's Avatar
United States
3634 Posts
 Posted 01/17/2022  11:55 am  Show Profile   Bookmark this reply Add hokiefan_82 to your friends list Get a Link to this Reply
Thank you very much for the information, it's much appreciated!
Member of SPMC, FCCB, ANA and ANS.
My U.S. Classic Commemorative Complete Set: https://www.NGCcoin.com/registry/co...sets/278741/
My U.S. Fractional Note Set: https://notes.www.collectors-societ...eSetID=34188
Moderator
Learn More...
jbuck's Avatar
United States
187579 Posts
  Previous TopicReplies: 3 / Views: 1,494Next Topic  

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.25 seconds to rattle this change. Forums