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Replies: 19 / Views: 3,744 |
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Valued Member
United States
292 Posts |
Why 2B minted? Was that really necessary? Bring on the history.
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Pillar of the Community
United States
1903 Posts |
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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Valued Member
United States
417 Posts |
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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Pillar of the Community
527 Posts |
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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Pillar of the Community
Canada
1610 Posts |
 I bought a Canadian roll of nickels and I believe there were some U.S. '64 nickels in there, lol .
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Valued Member
United States
493 Posts |
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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Rest in Peace
United States
3039 Posts |
Don't poo poo them just yet. A full steps specimen goes for good money.
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Pillar of the Community
United States
1151 Posts |
They were also minting 1964 nickels well into 1965/66?
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Valued Member
 United States
292 Posts |
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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Bedrock of the Community
 United States
12815 Posts |
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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Bedrock of the Community
United States
20753 Posts |
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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Bedrock of the Community
United States
10034 Posts |
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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Moderator
 United States
187702 Posts |
Quote: They were also minting 1964 nickels well into 1965/66? I believe so, because of the date freeze.
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Pillar of the Community
United States
1406 Posts |
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Pillar of the Community
United States
1796 Posts |
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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Valued Member
United States
126 Posts |
I agree they are way too numerous to find, but I like finding nice strikes and setting them aside.
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Replies: 19 / Views: 3,744 |