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If I Had A Nickel For Every 1964 Nickel In Circulation...

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ContraJame's Avatar
United States
292 Posts
 Posted 01/28/2012  11:48 pm Show Profile   Bookmark this topic Add ContraJame to your friends list Get a Link to this Message Number of Subscribers
Why 2B minted? Was that really necessary? Bring on the history.
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unholyroller's Avatar
United States
1903 Posts
 Posted 01/28/2012  11:52 pm  Show Profile   Bookmark this reply Add unholyroller to your friends list Get a Link to this Reply
In the mid 60s there was a severe coin shortage in circulation from the smaller denominations being switched to clad intead of silver. People instantly began hoarding coins and what was available for commerce was low, so in response to that the mint ramped up production to make up for the hoarding.
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ram96's Avatar
United States
417 Posts
 Posted 01/28/2012  11:57 pm  Show Profile   Bookmark this reply Add ram96 to your friends list Get a Link to this Reply
I have two rolls that my grandson has saved from roll finds, but none of them are D's. They did 1.7 million of them.
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527 Posts
 Posted 01/29/2012  12:40 am  Show Profile   Bookmark this reply Add TheDanMan to your friends list Get a Link to this Reply
If it ever becomes legal to melt nickels, I hope people melt every 1964 nickel they pull from circulation so I will stop finding them.
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Apollo's Avatar
Canada
1610 Posts
 Posted 01/29/2012  01:08 am  Show Profile   Bookmark this reply Add Apollo to your friends list Get a Link to this Reply


I bought a Canadian roll of nickels and I believe there were some U.S. '64 nickels in there, lol .
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everything's Avatar
United States
493 Posts
 Posted 01/29/2012  01:51 am  Show Profile   Bookmark this reply Add everything to your friends list Get a Link to this Reply
I was just pulling on my grandpas old nickel slot machine from the 30's seeing if I could find any War Nickels in it and found plenty of 64's that were added later on.
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numismo's Avatar
United States
3039 Posts
 Posted 01/29/2012  10:17 am  Show Profile   Bookmark this reply Add numismo to your friends list Get a Link to this Reply
Don't poo poo them just yet. A full steps specimen goes for good money.
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yankee1227's Avatar
United States
1151 Posts
 Posted 01/29/2012  11:00 am  Show Profile   Bookmark this reply Add yankee1227 to your friends list Get a Link to this Reply
They were also minting 1964 nickels well into 1965/66?
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ContraJame's Avatar
United States
292 Posts
 Posted 01/29/2012  11:24 am  Show Profile   Bookmark this reply Add ContraJame to your friends list Get a Link to this Reply
Finding a FS 64 would make it worth going through them. :) I may have to build a grading set with the 64's. I could probably go from AG through XF pretty easily.
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CelticKnot's Avatar
United States
12815 Posts
 Posted 01/29/2012  12:19 pm  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply

Quote:
I have two rolls that my grandson has saved from roll finds, but none of them are D's. They did 1.7 million of them.


ram96, if the Mint made 1.7 million 64D, we'd be having a completely different discussion here. :)

I think you meant 1.7 billion, which brings the mintage for the year up to 2.8 billion. That's a lot of coins. And yes, it's frustrating at times to pull so many out of a roll or circulation.

But as others have said, it does provide a good opportunity to find good specimens.
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 Posted 01/29/2012  1:02 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Almost all though the 70's and 80's I would bet people that if they had any Nickels on them, the date would be 1964vfor some or all of them. I would win that bet about 75% of the time. Might be why so many were made. So people would have something to use Nickels for, betting.
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Earle42's Avatar
United States
10034 Posts
 Posted 01/29/2012  1:42 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list Get a Link to this Reply
perspective: 1 billion seconds is ~33 1/3 years.

No one person, in there lifetime, could legitimately handle each 1964 nickel made b/c they have to eat/sleep etc!

I remember getting "new" rolls of '64 nickels from the bank into the early 70s.
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jbuck's Avatar
United States
187702 Posts
 Posted 01/30/2012  2:17 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
They were also minting 1964 nickels well into 1965/66?
I believe so, because of the date freeze.
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captainkurt's Avatar
United States
1406 Posts
 Posted 01/30/2012  2:37 pm  Show Profile   Bookmark this reply Add captainkurt to your friends list Get a Link to this Reply
Nickels! Nickels! I want a billion nickels!

http://dl.dropbox.com/u/6062352/A%2...0Nickels.mov
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SteveCaruso's Avatar
United States
1796 Posts
 Posted 02/11/2012  2:18 pm  Show Profile   Bookmark this reply Add SteveCaruso to your friends list Get a Link to this Reply
I'd be happy with a billion nickels... :-)

... And to think about it, while not a billion coins, $1000 in Nickels is about 100 kg / 220 lbs / 16 stone....
Edited by SteveCaruso
02/11/2012 2:24 pm
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texfischer's Avatar
United States
126 Posts
 Posted 02/11/2012  2:30 pm  Show Profile   Bookmark this reply Add texfischer to your friends list Get a Link to this Reply
I agree they are way too numerous to find, but I like finding nice strikes and setting them aside.
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