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Sell Your Coins To The US Mint (Mint Purchases Of Coins In 1949)

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willieboyd2's Avatar
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 Posted 08/21/2023  09:51 am Show Profile   Bookmark this topic Add willieboyd2 to your friends list Get a Link to this Message Number of Subscribers
From the "Annual Report of the Director of the Mint" for 1950 available on the Newman Numismatic Portal at:
https://nnp.wustl.edu/library/book/341

Page 53, Domestic coins, including assay pieces, withdrawn from monetary use during the calendar year 1949

Below is the column for individual purchases, there is a separate column for coins received from banks.
The mints paid face value for the coins including gold coins and Trade dollars.
I calculated and added the "number of coins".

Denomination, Purchased (face value), Number of coins
Gold $3, $15, 5
Gold $1, $30, 30
Silver Trade dollars, $4, 4
Silver 20-cent pieces, (zero)
Silver Half Dimes, $0.10, 2
Silver 3-cent pieces, $0.03, 1
Nickel 3-cent pieces, (zero)
Copper 1/2-cent pieces, $81.03, 16206 (Somebody had a lot of 1/2 cent pieces)

Sell-Your-Coins-To-The-US-Mint-Mint-Purchases-Of-Coins-In-1949
Only worth a dollar? In 1949 yes.


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Spence's Avatar
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 Posted 08/21/2023  09:53 am  Show Profile   Bookmark this reply Add Spence to your friends list Get a Link to this Reply
Also that means someone sold back a few of their gold coins at face value.
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 Posted 08/21/2023  10:24 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
That's great, thanks fr sharing!
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kbbpll's Avatar
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 Posted 08/21/2023  11:24 am  Show Profile   Bookmark this reply Add kbbpll to your friends list Get a Link to this Reply
Lots of entries of "obsolete" coins being returned to the mint in the records, but I can't recall where I've seen them. Maybe all those Half Cents came from a bank's stash. Sadly I think they all got melted.
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