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Posted 08/18/2008 4:50 pm
Quote:
Almost 3 billon 1964 nickels were minted. That's billion with a b.
No other year even comes close. I read why so many awhile back but forget the details. There is no real reason to keep a circulated 64.
I read long ago that it was to help keep the number of coins in circulation ahead of the hoarding of Dimes, Quarters, and Half-Dollars after the composition changed in 1965. I cannot remember where I read this and cannot find it now. Almost 3 billon 1964 nickels were minted. That's billion with a b.
No other year even comes close. I read why so many awhile back but forget the details. There is no real reason to keep a circulated 64.
My search found this statement on Wikipedia:
Quote:
Nickels dated 1964 were still being minted well into 1966, contributing to their very high mintages.
However, no source is given. Nickels dated 1964 were still being minted well into 1966, contributing to their very high mintages.
I also found this page:
Quote:
During the `The great coin shortage of the '60s' the U.S. Mint was working overtime to meet the demand for new coins. But the amount needed was far more than the mint could produce. In the calendar year of 1964 of mint only produce a small number of nickels. Fear that the same fate would befall them that befell the 1950D nickels. On 9/3/64 the mint was authorized to freeze the date on nickels, and continue to make them in 1965 and in the end the mint produced:
During the `The great coin shortage of the '60s' the U.S. Mint was working overtime to meet the demand for new coins. But the amount needed was far more than the mint could produce. In the calendar year of 1964 of mint only produce a small number of nickels. Fear that the same fate would befall them that befell the 1950D nickels. On 9/3/64 the mint was authorized to freeze the date on nickels, and continue to make them in 1965 and in the end the mint produced:
