does any one else suffer from the abundance of the 64. i cant open a roll of nickels with out finding up to 6 of them . I think some one should start a rumer that they are rare or the price is rising for them (haha) so posibly some of them could find their way out of circulationand there would be a better chance for finding other dates. the next time i get a box of nickels i am going to keep count of them and posibly return a few rolls of all 1964s back into circulation. wvrick :desk:
It's not your imagination. There were over 1 billion nickels minted for 1964. I can only think of one mixed date roll that I have ever opened that did not have any 1964s in it.
Ditto. They're EVERYWHERE. Hard to imagine that the incredibly high mintage isn't related to the dime/quarter clad changeover in 1965. Anticipation of hoarding?
Hoarding, plus the Congress mandated that the Mint keep the 1964 date for an extended period, about an extra six months. And, yes, to prevent or discourage hoarding.
I have over two rolls of 64's, that I have hoarded out of rols I searched. I haven't decided what I'm going to do with them yet...
1964 P = 1,024,672,000 1964 D = 1,787,297, 160 total = 2,811,969,160 X .05 = $140,598,458 Yup, you could buy a lot of coins, even gold for that much! Good luck
wow, thats so true all though i have to say my bank is probably the only one that a 1964 doesn't too often pop up, there mostly 2003's or newer, but i did come across a roll with 9 of them being 64's before thats like 1/4 the roll, the rest of them were late 40's through early 70's
too bad the coin shop here doesn't buy nickels, or i would be getting about 15 cents to the nickel with my finds - my best one being an MS 63 1940 S.
As required by law, all United States coins are currently dated with the year of their issuance or minting. In 1964, however, a coin shortage caused speculation in rolls and bags of 1964 coins. To prevent such speculation, Congress passed legislation declaring that the United States Mint could still use the 1964 date on coinage after the 1964 calendar year. So in 1965, all denominations of United States coins continued to be struck with the 1964 date. In 1965, Congress mandated that the United States Mint continue to use the 1964 date on all 90 percent silver coins. However, because clad coins (which were not 90 percent silver) were not as likely to spark speculation, they would be dated no earlier than 1965. This meant that all of the 90 percent silver coins (half-dollar, quarter-dollar, and 10-cent coins) that the United States Mint manufactured in 1964, 1965, and 1966 bore the date 1964. (The last of the 90 percent silver quarter-dollar coins was struck in January 1966, the last of the 10-cent coins in February 1966, and the last of the half-dollar coins in April 1966.) All of the clad coins actually manufactured in 1965 bear the 1965 date. The clad coins were struck with the 1965 date through July 31, 1966. (The first clad 10-cent coin was struck in December 1965, the first clad quarter-dollar coin in August 1965, and the first clad half-dollar coin in December 1965.) As one step toward catching up on normal coin dating, in December 1965, the 1964 date on five-cent coins and one-cent coins was changed to 1965. From December 1965 through July 31, 1966, all one-cent coins and five-cent coins were struck with the 1965 date. All denominations of United States coins minted from August 1 through December 31, 1966 carried the 1966 date. Normal dating procedures resumed on January 1, 1967, and continued through 1974. In 1973, to honor the upcoming United States Bicentennial, new legislation authorized design changes in the reverse designs of the one-dollar coins, the half-dollar coin and the quarter-dollar coin. A symbolic date (1776-1976) took the place of the usual single year designation. The only single-dated coins issued during 1975 and 1976 were the 10-cent coin, the five-cent coin, and the one-cent coin. On January 1, 1977, the Bicentennial designs were retired. The designs and dating procedures in use prior to the national celebration are now in force on all U.S. coins, including the 50 State Quarters and the Golden Dollar.
A couple of years ago I noticed the same thing. So every day I put every nickel I got in everyday change in a separate box. At the end of one year I had 205 nickels. Of that 205, 44 were 1965. That's just over 20%. The explanation is that 2.7 Billion were minted.
