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 Replies: 9 / Views: 1,951 |
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New Member
United States
35 Posts |
okay so I have come across to2010-D, a 2003-D, and a 2002. I have also come across several 2001 and earlier they seem to be common my question is when did the half dollars stop being intended for circulation in the somewhat uncommon to find while roll searching?
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Valued Member
United States
103 Posts |
They stopped making them after 2001 because they were un popular because of size. For people they rather have 2 quarters then a half. I like them because their past designs (Franklins and walkers) have cool designs.
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Valued Member
United States
119 Posts |
Any halves after 2001 were not intended for circulation. I actually found some Presidential dollars while roll hunting as well that were not intended for circulation. One member said he buys them in uncirculated rolls, picks out the best, and then puts the rest into circulation. Perhaps that's how you found yours as well? It's a great find to find coins in roll hunting that weren't intended for circulation! |
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Pillar of the Community
United States
4867 Posts |
Even with low mintages, I'm not sure NIFC halves will be worth much. Since they are issued only to collectors there will be millions of examples of uncirculated halves around. I guess we can say the same for dollar coins.
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Bedrock of the Community
United States
10034 Posts |
If I remember correctly, when I was always on the roll searching thread for modern halves, I was told that although the 2001's were not meant for circulation, the mint dumped a goodly number of leftover (said "not sold for a premium) 2001 rolls into circulation. I was also told the majority of 2002 and later JFKs are likely from people who buy modern bags and rolls from the mint to search for errors. I know I personally got my 2012s from someone on the forum here who had posted if no one wanted the rest of the roll he bought from the mint, he was going to take them to the bank. He had bought them to make sure he got numerous examples of them from that year.
How much squash could a Sasquatch squash if a Sasquatch would squash squash? Download and read: Grading the graders Costly TPG ineptitude and No FG Kennedy halveshttps://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2 |
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Valued Member
United States
374 Posts |
They quit releasing half dollars into circulation in 2001, yes. But they are still making uncirculated ones in all three mints to this day. I do believe, someday; however, that we will use them again someday.
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Pillar of the Community
United States
1249 Posts |
That's funny I didn't know that I find newer halves like 2014 all the time when I go through boxes?
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Moderator
 United States
187950 Posts |
Look at the mintage numbers. It is clear which coins were minted for circulation (2001 and earlier) and not (2002 and later). The 2001 were certainly minted for circulation, but the banks were not ordering them (which kept them out of circulation). The mint cut back in 2002 since there were still plenty of 2001 on-hand to meet demand. |
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Bedrock of the Community
United States
17884 Posts |
The 2001's were kind of an odd duck. They were struck for circulation and some of them were released, but then due to the fact that banks were not ordering them they pulled what they still had on hand from being able to be paid out and they were shipped from the Fed back to the Mint. They are an NCLT (or NIFC if you prefer that term) that was made for circulation.
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Pillar of the Community
1325 Posts |
Quote:
Even with low mintages, I'm not sure NIFC halves will be worth much. I find that odd, and since the mint sells mostly in rolls, that would mean out of the 2 million, 20 per person, they assume only 100,000 coin collectors? Well a little over that since they made those sets with each mint mark in it, and year sets, but they don't expect there is probably much more than 200,000 people collecting coins out of the 9+ billion people in the world? I am sure somewhere, and with the condition many are already coming from machine rolled boxes, the higher grades wont be the only thing people will want and one day when people realize that started late, all will probably have a good bit higher than face value. That doesn't me $1k+ or such nonsense, but higher than face, and if you can get them for face, then they are gaining interest as you keep them. This is what speculation is. Quote:
due to the fact that banks were not ordering them This is because banks switched gears and stopped being institutions to spread out the money made by the BEP/USMint, but places for businesses. Most banks I know of only order coin to fulfill the need to cash checks and those ordered by their business customers because "having a box of nickels sitting around is $100 less they can use, or having a box of halves sitting around is $500 less they can use." Use for what? I don't even know, but I would guess they can't invest in failing or "too big to fail" businesses or pay their CEOs ungodly amounts for no reason? The surely don't use it for actual banking purposes, which is granted to them their right by performing their duties of handing out the money since you can't just walk up to the mint and get a bunch of coins or the FED/BEP and cash your check to get bills with it. When I got my first box of halves from Wells Fargo, the head teller didn't even know they could get them even though they were on her order form the whole time! She even asked me to open the box there so she could see what it looked like. Because the boxes of quarters at the same value wouldn't give you a hint, not the amount of coins per roll...and their might be a connection between the two? (all boxes come with 50 rolls of the given type except small dollars which comes with 40 rolls.) |
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Replies: 9 / Views: 1,951 |
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Posted 09/18/2015 8:18 pm
