Whew,thats a lot of numbers! Here's what I came up with using Red book mintages: 1. Quarter 2. Dollar 3. Dime 4. Cent 5. Nickel 6. Half
hope i dont sound dumb, but this looks like a trick question. highest to lowest based on face value only dollar half dollar quarter dime nickel penny
not a trick question, I was looking for the total value produced for each coin. For example there were about 3.4 million half dollars produced which equals 1.7 million in value. d.t. has it correct, here are the estimates quarter=608 million dollar=461 million dime=101 million cent=54 million nickel=31 million half=1.7 million Ready for your question (when you post you might want to make a note that the question is only for me-camlov2)
Penny (one cent): 5419.20 Million produced Quarters: 2538.80 Million produced(5 designs in 2008) Dime: 1050.50 Million produced Nickel: 640.56 Million produced Presidential Dollars: 464.48 Million produced(four designs in 2008) Sac Dollar: 24.64 Million produced (one design in 2008) half dollar: 3.40 Million produced source: US Mint 2008 Production figures
No, camlov2 said 'face value' in the original question, not mintage; what I'm saying is that he didn't mean mintage, he meant face value of each coin mintage.
I'm confused I guess... Why "produced" in order of face value? produced is mintage. then in order of denomination paired with 2008 mintages?
There were 5,400 million pennies produced which equals 54 million dollars (divide by 100) There were 620 million nickels produced which equals 31 million dollars (divide by 20) and so on... I probably could have worded it a little better but the first answer was correct so at least one person understood. coinmaster1-no question yet, I need to wait for my question from d.t.menace first.
I'm just trying to figure this out... First the question: I think perhaps the terms were not correctly applied in the question to begin with thus creating the confusion... "Face value" ($/¢) should have been denomination and "produced in 2008" (production) does mean mintage in this aspect of coin production. The request to order the results from highest to lowest face value was simply the reverse of what you put into the question, "Penny, nickel, dime, quarter, half, dollar." unless you meant to multiple each denomination by it's mintage and order the total dollar value ($ figure) from highest to lowest(?). If that was the case, then I am not sure what order to put these in, as there seems to be two possibilities: i) the face value of individual coins (1.00, 0.50, 0.25, 0.10, 0.05, 0.01) -OR- ii) the total dollar value of each denomination multiplied by the mintage, number of coins produced for each denomination that year highest to lowest. Using d.t's answers to multiply mintage by denomination, I get this, IN ORDER of ($) value from highest to lowest: Denomination : Mintage -- Face value x Mintage = $ value per denomination minted in 08 dollar=461 million -- Face value of $1.00 x 461M = $461,000,000 quarter=608 million -- Face value of $0.25 x 608M = $152,000,000 dime=101 million -- Face value of $0.10 x 101M = $10,100,000 nickel=31 million -- Face value of $0.05 x 31M = $1,550,000 half=1.7 million -- Face value of $0.50 x 1.7M = $850,000 cent=54 million -- Face value of $0.01 x 54M = $540,000 Am I still confused???
your numbers are off, but you have it as to what the question was http://www.usmint.gov/about_the_min...roduction_figures&allCoinsYear=2008#starthere
That sounds right. The numbers you listed were the actual answers, you then multiplied by face value again. for example- The red book states that there were actually 2,438 million quarters produced in 2008. If we multiply by .25 then we get a value of 609 million.
Thanks guys. I wish someone could show me how my numbers are off, especially since those are the same Mint numbers I originally cited in post #24 from the same link Swish posted to the US Mint's 2008 circulating coin production. If my numbers in dollar ($) amounts are off in post #30, have I not understood the quantity produced (minted)? Are you saying that I don't have enough zeros after the $-sign? I'm just not sure what I'm not 'getting' about the way these numbers are expressed in thousands of millions produced. Sorry. I appreciate your help illustrating the correct answers.
should read dollar=461 million -- Face value of $1.00 x 461M = $461,000,000 quarter=2,438 million -- Face value of $0.25 x 2,438M = $608,000,000 dime=1,010 million -- Face value of $0.10 x 1,010M = $101,000,000 nickel=620 million -- Face value of $0.05 x 620M = $31,000,000 half=3.4 million -- Face value of $0.50 x 3.4M = $1,700,000 cent=5,400 million -- Face value of $0.01 x 5,400M = $54,000,000 Some how you started with the answers, not mintage numbers.
Sorry I didn't get back at you sooner. Working lots of hours and no internet access at work. Here ya go, give me the date on this Lincoln. THIS IS ONLY FOR CAMLOV TO ANSWER!
Nope ,you're off by ten years. It's a 1973. Look at the designers initials on the right of the memorial on the reverse. On Lincolns 1972 and earlier the initials were much smaller to the point that they were easily polished away to almost nothing or were frequently clogged. So in 1973 the mint decided the initials had to be enlarged but they went a little overboard on the size. They then decided they were too large, so in 1974 they reduced the size again, close to what they are today.
I noticed it looked large but I didn't realize the larger style was only for one year-good info. I was trying to tell my self the coin was a DD reverse since I didn't see anything else that stood out. Three entries so far, krispy, swish513, and d.t.menace next question- What years and in what denominations were the "Barber" coins produced? And who designed them?
.05¢ 1883-1912 Charles E. Barber .10¢ 1892-1916 Charles E. Barber .25¢ 1892-1916 Charles E. Barber .50¢ 1892-1915 Charles E. Barber $1.00 1873-1885 William Barber (Charles' father) Charles E. Barber also designed US commemorative coins and medals.
i dunno.... you guys are too good.all i get is 1892 first year, so i will cheat based on post above .05¢ 1893-1912 Charles E. Barber .10¢ 1892-1916 Charles E. Barber .25¢ 1892-1916 Charles E. Barber .50¢ 1892-1915 Charles E. Barber $1.00 1873-1885 William Barber (Charles' father) Read more: http://www.cointalk.com/t131066-3/#ixzz10ntCLdLR