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Replies: 16 / Views: 3,700 |
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Bedrock of the Community
United States
10982 Posts |
Production of remaining 3 Lincoln Cent designs to be "drastically affected". This week's Coin World (May 11, 2009) has reported the U.S. Mint has completed 2009 production for the dime and 5 cent piece. Production of all other designs to be reduced! Can you say 1931 all over again? Let the hysteria rise! 
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Pillar of the Community
United States
3098 Posts |
No. Way. Seriously? 
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Valued Member
United States
326 Posts |
Well....hopefully they get into our hands quickly!
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Bedrock of the Community
 United States
10982 Posts |
The article just came out today and I read it tonight. It's hard to believe but it also says the Mint has a hiring freeze on and the Fed is hardly ordering any coins this year!
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Valued Member
United States
326 Posts |
Where did you get the article.....I should probably know the answer but just aren't sure.
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Bedrock of the Community
United States
10284 Posts |
Ahhhhhhhhh neeckels ahhhhhhhhhh Coming soon to an album near me! I hope they are scarcer than the 82's this year.  I bet the paper mills are busy though.
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Bedrock of the Community
 United States
10982 Posts |
Quote: Where did you get the article..... The article is posted here: http://www.coinworld.comI still can't believe my eyes! 
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Valued Member
United States
99 Posts |
haha, just what we need, more of a frenzy in obtaining the new cents!
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Moderator
 United States
187582 Posts |
A low mintage year, it could be interesting. Remember, the mint sets won't save you since they are not the same as the circulation strikes!
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Valued Member
United States
198 Posts |
I hear it, but what exactly is "low mintage" nowadays? would it be low mintage like as in the 1914-D with 1.2 million coins produced? Will it be like the 1931-S with under a million? Or, as I suspect, be more in the neighborhood of 500 Million coins produced? I have doubts that even with decreased demand we'll ever see 1931 happen again, no matter how much we'd like to see it happen. ~ Jim
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Pillar of the Community
United States
6326 Posts |
It will be on par more or less and reletive with the human population needs. I'd guess that it won't ever be as low as mintage numbers from 100 years ago just based on how many people are here now.And they are "full" of coins at the Fed..... people are turning in Statehood Qtrs. by the tens of millions.....the Pres. Dollars and Natives DON'T circulate... Having said that though, with the economic trials and tribulations....anything could happen I suppose ! It'll be very interesting to see what happens with this news.... 
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Pillar of the Community
United States
6326 Posts |
Quote: Remember, the mint sets won't save you since they are not the same as the circulation strikes!
It won't help with getting "circ. strikes", but..... maybe the number of "Mint Sets" might be drastically reduced too !....those could be drastically"more rare" than previous years, just as "circulation" strikes might be !......if not this year because of "by law" statutes, then maybe "next years" Mint Sets might be a SUPER low mintage too !...just a thought.......hmmmmm !......   
Edited by eaglefoot 04/28/2009 2:08 pm
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Valued Member
United States
100 Posts |
Does anyone know if we will be able to obtain the 2009 pennys nickels and dimes from circulation? If so I'm going to hoard these baby's as if there were 1914-D's 
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Pillar of the Community
United States
1055 Posts |
I agree with Jim- I don't see any way that this years production would even be remotely close to 1.2 million...There are way too many people. A low mintage these days would still be over 1/2 billion coins.
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Pillar of the Community
United States
4085 Posts |
Production figures on some of the 2009 coins from the US Mint website through March 2009:
5c - 69.36 M 10c - 120.00 M 25c - 211.00 M 50c - 3.40 M $1 Native American - 7.98 M - including only 700K "D" mints
If they don't need to mint any more, production figures will be lower than past years. I still don't think this makes them super rare, but they're not going to fall into your lap quite as easily as in the past.
Ken
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Bedrock of the Community
 United States
10982 Posts |
The Jefferson nickel, if the figures hold, will have it's lowest mintage since 1951.
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Replies: 16 / Views: 3,700 |