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 Replies: 12 / Views: 1,368 |
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New Member
United States
25 Posts |
So I get the idea of small vs large dates, for example both copper and zinc 1982's. Pretty easy to distinguish. But what I don't get is whether one is more "desirable" than the other. Or are they just to be admired? Cheers Moved by Forum Mom from Modern US coins forum to Modern US Variety & Error Coins forum. |
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Pillar of the Community
United States
3077 Posts |
I like em all but the hard one to find for me is a nice large date 82D zinc
and do ya know about the other years 1960P&D & 1970S?
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Pillar of the Community
United States
1620 Posts |
1960 P$D small date and large date are not that rare to find in circ but finding them in good condition is rare and the 70S small date is hard to find I've searched a ton of rolls and havent found one yet
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Valued Member
United States
461 Posts |
I agree... the 70 s small date is a challange. It is holding up completion of all memorials in bu
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Pillar of the Community
United States
2270 Posts |
The '74-S small date is quite underrated. The P & D are tough enough in Gem because they aren't in mint sets but the S mint was often mixed in with other cents to stop hoarding. This means this coin will be somewhat elusive in high grade.
The '74 small dates were made by dies redesigned to strike aluminum coinage that never materialized. The size of the date isn't much different and they are most easily distinguished by the distance of the lettering to the rim.
Time don't fly, it bounds and leaps.
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Pillar of the Community
United States
1116 Posts |
cladking: I don't quite understand your analogy about the 70s being mixed with other cents to stop hoarding?
Was this done by the mint because whenever I run into a "s" in any year I do keep them unto themselves.
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Pillar of the Community
United States
2270 Posts |
Quote:
cladking: I don't quite understand your analogy about the 70s being mixed with other cents to stop hoarding?
Was this done by the mint because whenever I run into a "s" in any year I do keep them unto themselves.
Yes. The mint sent the lion's share of '74-S cents to be mixed with Denver cents in 1974 to discourage hoarding. People prefer solid date rolls so they would have to open the rolls and separate the D's from the S's and then the rolls wouldn't be original. It's hard to say how effective this was since the demand for cent rolls is miniscule and the demand for small date '74-S is even smaller. It's almost certain that nice Gem '74-S cents will not be common. I save even MS-63 in this date. Time don't fly, it bounds and leaps.
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Bedrock of the Community
United States
20753 Posts |
Quote:
The mint sent the lion's share of '74-S cents to be mixed with Denver cents in 1974 to discourage hoarding. People prefer solid date rolls so they would have to open the rolls and separate the D's from the S's and then the rolls wouldn't be original. Where is this documented. I find it difficult that the Mint really cares about hoarding then and now. They make coins and the more they make, the more they stay in buisness so if people hoard, more overtime.  |
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New Member
 United States
25 Posts |
Good comments from ALL. Thanks. So it appears the 82 series is not that exciting, with the possible exception of 82D zinc (large). And yes, was aware of the other years. But everyone's comments cover the issues with going back 10-20 years. Thanks ALL.
Edited by flynvfr
09/24/2012 11:39 am
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Bedrock of the Community
United States
17884 Posts |
Actually they do care when they are trying to make coins to offset a shortage. In 1974 there was a cent shortage going on. Businesses and banks were offering a premium above face value for cents so they could make change. The shortage was severe enough that some businesses had to resort to using pieces of candy etc. to make change. The Mint even made up certificates of appreciation for people who turned in $25 or more of cents. They really did not want people hoarding rolls of cents at the time. Add to this the fact that even then it was rumored that the 1974 S would be the last of the circulation S cents and hoarding pressure increased on this coin. If the cents were released in solid bags they were much more likely to be put aside by speculators defeating the efforts of reducing the overall cent scarcity. In such a case the idea that they would be mixed with other coins before release would not be surprising. Although I would expect it to be more a request made to the Federal Reserve banks rather than shipping them to Denver.
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Pillar of the Community
United States
2270 Posts |
Good point about the coin shortage. This was also back in the days before the government jumped the shark. There was a time that the concept of spending more than a penny to make a cent was simply absurd. Even then the copper cent probably cost more than $.01 to make but with a little creative accounting they could make it look cheaper. This is the reason they were toioling to make them out of aluminum but the price of copper fell unexpectedly so it didn't happen. It should also be remembered that the government didn't much like coin collectors in those days and it was especially unhappy about the way S-mint cents were being snapped up. There was no profit here. It was reported in Numismatic News and the hobby press that these were being shipped to Denver for mixing but Conder101 is likely correct that some were simply being mixed with circulating coin. The FED doesn't handle coin at all any longer and contracts the job. I doubt they worked much with pennies on the west coast even as early as 1974. Time don't fly, it bounds and leaps.
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Pillar of the Community
United States
2624 Posts |
Quote:
daniels:1960 P$D small date and large date are not that rare to find in circ but finding them in good condition is rare and the 70S small date is hard to find I've searched a ton of rolls and havent found one yet The 1960P is a hard one to find. |
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Pillar of the Community
United States
3640 Posts |
The 1982-D zinc large date is not rare or exceptional. The 82-P sm. zinc. is the least minted of them all (82's) and still not worth much of anything even though I am working on finishing one roll of BU's of these just for the heck of it. Even though "They" say it does not exist (just like the 1983 copper cent never existed until they found it) the 1982-D small date copper will be the one to find. Nothing wrong with wishful hoping. |
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Replies: 12 / Views: 1,368 |
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Posted 09/22/2012 5:04 pm
