Why Are So Many Current/Previous Year NIFC Halves Being Found In 2018?

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Author	Replies: 5 / Views: 3,638
John77 Pillar of the Community United States 2910 Posts	Posted 09/20/2018 6:11 pm I've been CRH for half dollars the past 2 1/2 years. Until very recently, I hadn't really heard of people running into large batches of coins from the current or a recent year until now. As some of you know, I found a batch of 111 2018-D halves in a box recently. Another box produced 24, and my last box had 9. All of them brilliant, and untouched coins. I've seen others with similar stories of late. I was perusing the forum and found this story too, where a member got a whole box (1,000 coins) of brand new 2017-D halves in one of their CRH boxes: http://goccf.com/t/328818&whichpage=1 I've also heard of stories of others finding full boxes of other Uncirculated (non NIFC year) halves this year. I don't recall the exact years (I think one was 1995-D, maybe?), but I don't remember seeing it happen before to this extent. So what is the explanation for this? My guess is the FED is running low on halves, and has had to go to the vault to get whatever's available (even NIFCs). Is this a plausible explanation, or is there something else playing into this? CRH Nickeloholic. 1,600,000 nickels searched in eight years! Have found FOUR complete Jefferson sets! Report this Post to the Staff

n9jig Pillar of the Community United States 997 Posts	Posted 09/21/2018 09:48 am Let's build on this a bit and see if anyone knows home much of the current half-dollar "circulation" is due to searching rather than actual commerce. I would guess that at least half is due to searching rather than purchases. As for your questions there could be several answers. Are unsold mint products being dumped into circulation? Are collectors or other recipients dumping? Have they decided to make halves for circulation again? (Possible, probable and improbable in that order.) Report this Post to the Staff
jbuck Moderator United States 188317 Posts	Posted 09/21/2018 11:03 am Quote: My guess is the FED is running low on halves, and has had to go to the vault to get whatever's available Possible. Quote: (even NIFCs). This is where it gets tricky. The FED would never have NIFCs just sitting in their vault. What would actually happen is that the FED vault is emptied and they place an order for half dollars with the Mint. It is the Mint that ends up shipping whatever is available, which would have to be unsold NIFC bags and rolls. If it is true and the demand continues, it is quite possible that 2018 and/or 2019 become high mintage years because the mint will eventually run out of what it has already minted. Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
John77 Pillar of the Community United States 2910 Posts	Posted 09/23/2018 07:24 am Quote: This is where it gets tricky. The FED would never have NIFCs just sitting in their vault. Crap, I meant to put the word "MINT" in my OP, not "FED." And now it's too late for me to change it. CRH Nickeloholic. 1,600,000 nickels searched in eight years! Have found FOUR complete Jefferson sets! Report this Post to the Staff
John77 Pillar of the Community United States 2910 Posts	Posted 09/23/2018 07:34 am Quote: As for your questions there could be several answers. Are unsold mint products being dumped into circulation? Are collectors or other recipients dumping? Have they decided to make halves for circulation again? (Possible, probable and improbable in that order.) I've always wondered about the unsold mint products being dumped into circulation. While collectors themselves might not be dumping, it's entirely possible that relatives have done some dumping for them (and then gotten scolded out later)... As for the last question, I went to the US Mint's website for 2018 mintage figures and was quite shocked at what I saw for the half dollar mintages to date... https://www.usmint.gov/about/produc...s-production? CRH Nickeloholic. 1,600,000 nickels searched in eight years! Have found FOUR complete Jefferson sets! Edited by John77 09/23/2018 07:36 am Report this Post to the Staff
jbuck Moderator United States 188317 Posts	Posted 09/24/2018 1:51 pm Quote: Crap, I meant to put the word "MINT" in my OP, not "FED." And now it's too late for me to change it. No worry, as long as we are in agreement. Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
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