Why no 1932 or 1933 Mercury Dimes?

Does anyone know the reason why no 1932 or 1933 Mercury Dimes were minted? I just started collecting these, having recently purchased a nice partial BU set with many FB's from 1934 to 1945, including the micro s.

I'm almost ashamed to admit this, but I didn't even notice those dates were missing until I started trying to finish the set :vanishquite a chore for sure; not even certain I will ever be able to afford the '16 D in decent shape). Oh well, I'm hopeful someone can give me the reason for no '32's or '33's! Thanks in advance!

 

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My best guess would be that it would have something to do with the depression. Might be wrong, though.

 

Also, there were no Buffalo nickels made in '32 and '33, no Washington quarters in '33, no Walking Liberty Halves in '30, 31, and '32, and no Peace dollars from 1929 thru 1933.
I was going to make a type set for my father's birth year, 1933, until I found out it was going to be a 2-coin set!

 

Well, unless you want to blow thousands on a $10 gold and millions of dollars on a $20 gold piece....

 

Not me, one of the traits I inherited from my father was his unwillingness to part with a buck!

 

No demand, no coins. Curiously the cent denomination is the longest and most continuous in production by the US mint, even during the depression there was low demand, but enough to warrant minting them. The only year the cent was not minted was 1815, due to a lack of supply of blanks that were purchased from Britain. The 1812-1814 cents were struck on blanks delivered through 1812.

 

I suppose that was a major reason. Possibly also "no bullion, no coins".

I may be wrong here, so keep me honest... it seems bullion limitation is one reason why certain dates are key dates.

For instance, in 1921 the mint suddenly brought back the Morgan S$1 and started cranking out tens of millions of them. That diverted bullion away from 10c, 25c, and 50c. All three of those denominations saw much lower mintages in 1921 compared to 1920.

Similar story for 1916 Merc 10c and SLQ 25c. Those issues overlapped with the end of the Barber series, which got the lion's share of bullion.

No copper, no coins ! The War of 1812 had a little disruptive effect on trade with Britain !

 

Officially it did, but unofficially it didn't. Thus the Federal government could not buy blanks from Matthew Boulton, but nothing stopped mainly New England Merchants from trading with Britain. In fact New England was largely against the war because of trade.

 

They also left out 1923D and 1930D merc dimes. Hmmmmmmm

 

I would say that since all specie was coiming out of the woodwork because people were spending whatever they had to survive, then the mint had no demand to produce coins.

 

An older relative of mine recounted a story of getting a flying eagle cent in change early in the 1930's, but it was a lot of money, so soon it was spent again - for candy!

 

I can't explain why, but I have always wanted a Soviet Dime. It is just coolest counterfeit around in my opinion. I wonder what the price would be.

 

I read somewhere in one of my books that the reason some years are missing in certain denominations is that they (whoever they were) determined that there was enough in circulation at that time and they didn't feel the need to mint any the next year. This was at least the case with some half dollars.

The rest could have their own stories.

The red book says the Washington quarter initially was just going to be a commemorative marking the 200th anniversary of Washington's birth. That skipped year of 31' could have been because of the end of the series and the delay in getting ready for the Washington? Just a guess.

 

BGCOINS - re your signature. 您为什么使用它？

 

What's a soviet dime? A counterfeit US dime from the U.S.S.R.?

 

The 1923-D and 1930-D counterfeits were believed to have been made in the Soviet Union because the combination of skillful die work and the fact that they counterfeited a non-existent date/mint mark. There is a great 4 page write up about the coins in THE COMPLETE GUIDE TO MERCURY DIMES by David Lange.

The book says that in 1959, there were 47 known examples of the 1923-D (Soviet Dime). I don't know how many there really are, but I would love to own one.

 

Why would the Mint make coins when there is no demand for that coin? If the existing supply is adequate no new coins are needed. This fact still holds true. Look at modern coins that were/are not minted every year.

Around 486 million SBA dollar coins were minted for circulation in 1979 and 1980. The coins proved to be very unpopular so the supply far exceeded demand. Millions and millions and millions of SBAs piled up in the Mints vaults. With enough SBAs on hand to meet demand for decades the Mint did not produce any more. As banks slowly requested the coins over the years the stockpile of SBAs slowly dwindled until 1999 when the Mint minted 41 million more SBAs to meet demand ahead of the new Sac dollar.

How about the Kennedy Half Dollar? No Kennedy Halves are made today for circulation - because there is very little demand for them and the existing supply can meet that small demand.

The Mint continues to make Kennedy Halves but only for collectors because they can charge a premium for coins sold to collectors. In times past if there was no demand for a particular denomination of coin the Mint simply did not make any. Simple as that. Oh, how times have changed.

 

That's a new one on me. I guess I'll have to add that to my wish list for my counterfeit collection.

 

Unlike now back then the mint only made coins as they were needed. With the great economic boom of the twenties they were making alot of coins. Then in the early thirties were slipped into a depression and then the great depression with the stock market crash. All of this piled on top of a large supply of coins due to the big boom of just a few years back and they just didn't not need nay coins.

Also they new then that if you over produce money it will make it worth less. Which is what we are facing now. They didn't want to have too much money because then prices would go up. Unlike now with Oil and Gold if you were to price them in Euros you wouldn't see a sharp incline like you do when it is priced in dollars. This is cause the dollar is falling and gold is rising which makes it go up drastically.

 

Probably not what he meant, but in 1946 when the Roosevelt dime first came out, there were some people who thought that Joseph Sinnock's (the designer) initials - JS - actually stood for Joseph Stalin.