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 Replies: 12 / Views: 1,768 |
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Moderator
 United States
15419 Posts |
That darn 1964-D Jefferson shows up all the time in my roll searches ..... and surely in yours as well if you are a dedicated nickel roll searcher.
Well .... I have another reason to dislike the 1964-D ..... that year/mm alone accounts for more circulation strike nickels than the entire Buffalo series all added together!
Yep .... that's correct ....
There were 1.787 Billion 1964-D Jefferson's minted ....
The total 1913 to 1938 circulation strike of Buffalo's is 1.213 Billion.
I'm researching the raw data to calculate Buffalo circulation obsolescence ..... and came across this fact which staggered me.
Geepers ..... no reply needed ..... just know that I am surprised to learn this fact.
Another piece of trivial data for the CCF experts I say.
David
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Pillar of the Community
United States
2734 Posts |
But... the 1964-D Nickel is the only coin still commonly found in
circulation that has a mint mark on the reverse. A little bit of
'coin history' thus stays 'alive', because of their massive mintage.
1964-D Nickels were made until 1966, because of the "date freeze"!
It may even be possible that all "1965" dated Nickels were made in
Philadelphia, that Denver just kept cranking out 1964-D's during the
whole time that Philadelphia was making '1965' Nickels.
Edited by DNA
02/02/2010 01:22 am
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Bedrock of the Community
United States
12437 Posts |
I did not realize that but it is not all that surprising considering how many are still floating around 45+ years later. Thanks for the factoid  |
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Pillar of the Community
United States
6326 Posts |
And should be inclusive and exampled to the "cutting mintage numbers across the board to save money" theory !
What's out there now, will still be around for a long long long long time to come......yet they STILL keep minting BILLIONS of coins !
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Valued Member
United States
327 Posts |
I suspect that so many 64D nickels were minted that they got fed into the system gradually over a number of years. I would not be surprised to learn these were still coming fresh from bags well into the 70's.
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Bedrock of the Community
United States
10284 Posts |
I am very fond of several 1964 D nickels in my collection. One I cherry picked for .25 cents in BU and it has very good step count. The odds of finding a 1964 D with full steps ( I think ) is 1 in 2000 according to Q David Bowers. I wouldn't let my nickel go for 25 bucks, so they are worth looking at. The value of a FULL STEP gem is much, much higher. Although I threw in these images, they are poor, but my reverse does have 5 steps except there are some light contact marks and I deduct for those.   |
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Pillar of the Community
United States
2734 Posts |
Well now, if nickelsearcher found a BU Full-Step 1964-D in a roll, I think he'd keep that one! "One in 2000", heck I think it would be more like "One in 20,000", if even that.  I would suspect that the few Full-Step '64-D's extant were put into albums circa 1964-1965, during the peak of the 'coin collecting' craze! |
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Bedrock of the Community
United States
10284 Posts |
Not many collectors were looking for coins with full bell lines, full head, full split bands, let alone the full step nickels. Heck, hardly nobody really wanted any Jefferson nickels except a few key dates and gem War Nickels in 1964. I double checked the figure in my book since. According to QDB, he states it is one in 2000 UNCS have 5 full steps odds. There are a lot of UNC rolls out there. He says a cherry picker can hit that lottery if he has a lot of time on his hands. The value for one in MS64 is listed as 110.00 MS65 as 650.00 and MS66 as 2,500.00 in 2007. However, of course, a coin is only worth what someone is willing to pay. |
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Moderator
 United States
15419 Posts |
No worries DNA ...... you are absolutely correct .... I would be thrilled to find a MS65-FS 1964 Jefferson in my roll searches ... I would gladly set it aside as a special coin ... and I remain hopeful that I have one buried somewhere in the wonderful score I made a few months back of customer-wrapped rolls ....... Can not find the post thread ..... but I reported here at CCF my find of BU 62-64 Jefferson's ...... still need to go through them in detail once I have the knowledge to know good from bad! That said ..... the point of this post is not to bad-mouth the 64 Jefferson ..... but to increase our collective awareness of the over-welling mintage totals of the 1964 Jefferson. C'mon ...... how can you not ponder this fact? .... Quote:
1964-D ..... that year/mm alone accounts for more circulation strike nickels than the entire Buffalo series all added together!
David Take a look at my other hobby ... http://www.jk-dk.art |
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Pillar of the Community
United States
6326 Posts |
I run across many of them too....but few to none worth saving...  |
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Pillar of the Community
United States
1151 Posts |
1964 is not such a bad year, that's the year I was born.  |
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Pillar of the Community
Canada
838 Posts |
Heck, I even find a lot of 64-D searching nickel rolls here in Canada!
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Pillar of the Community
United States
2734 Posts |
Quote:
wheezy: Not many collectors were looking for coins with full bell lines, full head, full split bands, let alone the full step nickels. Indeed, the "full feature" coins were mostly saved in the same manner as any other BU coins in their series would have been. IN the mid-60's, a full-step '64-D could have been stuck into a kid's Jefferson nickel Date/MM album while his dad was collecting Buffalos and BU War Nickels. I was being a bit sarcastic with the "one in 20,000" figure, it would just seem like it when you're digging through BU rolls of '64-D's...  And how many '64-D's do we have in Denver? Enough to make the '64 Philly seem rare! Something like one out of every 40 Nickels in our circulation is a 1964-D.( every mixed circulated roll I've ever opened has had at least one 1964-D in it, so that's how I base that). Quote:
SPQR: I would not be surprised to learn these were still coming fresh from bags well into the 70's.  Edited by DNA
02/05/2010 11:00 am
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Replies: 12 / Views: 1,768 |
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Posted 02/02/2010 08:05 am
