Susan B Rolls At The Bank. Worth Picking Up?

1979 P "Near date".

http://www.centercoin.com/coin_info..._dollars.htm

You won't lose money, and they are fun to spend. So you should pick them up even if you don't collect them.

Because the wide rim coins were made late in the production and by that time the coin had already failed as acirculation coin. That meant that almost the entire mintage of the wide rim coins was locked away in the Fed vaults for twenty years. This made the few pieces that had gotten out a modern "rarity" and they developed a high price. Since then they have become much more common but that long period of when they were a key coin still tends to prop up their value.

So, if they were put away for 20 years where are they now, destroyed or circulated?

ah ha, wasn't sure. I wonder how many other people are unimformed about this. I bet if they knew the prices would come down.

Actually there was a slow draw down of the SBA stockpile of about 5 million coins per month from 1980 until they ran out in late 1999.

By the way about a year ago the government put out a month by month accounting of the number of dollar coins they had on hand. Naturally the total coins on hand has keep growing, but if you tracked the change in the stockpile (Number at the end of the previous month plus the new coins shipped from the mint to the Fed, plus the number returned by the banks, minus the on hnd figure at the end of the month) you find the draw down on the stockpile is now six million coins a month. At that rate the 360 some million Washington dollars alone equals a 5 YEAR supply. The 1.1 billion 2000 and 2001 coins was a 15 year supply. When the government published the figures I mentioned even they said they had a 12 year supply on hand at that time. And that was before the 2008, 2009, and 2010 dollars.