mintage number question

Discussion in 'Coin Chat' started by quarter-back, Mar 21, 2014.

  1. quarter-back

    quarter-back Active Member

    I have been putting together some new coin binders and always include the mintages as part of the description. I notice that some mintages are very exact (e.g., 10,756,253) while others appear to be rounded numbers (10, 760, 000). Do either of these values represent actual mintages. If so, why does the precision vary from year to year, or from mint to mint within a year? One way suggests that they mint coins until they run out of something (planchets, time, etc.), while the other suggests a specific target mintage. Is it just a matter of record keeping, or do some mints actually mint odd numbers of coins? Any insights would be appreciated
     
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  3. aubade21

    aubade21 Well-Known Member

    In the early days of our mint, so many factors would halt their ability to produce coinage. My thought was that the mint would be in operation X amount of days, and based on the factors you mentioned (planchets, available dies etc.) they would produce however many coins they could in that given year. Afterward, they would report their mintages. But that's just my speculation, others may have a better response.
     
  4. wyvern

    wyvern Active Member

    the odd numbers might just reflect the number of error coins that were destroyed-the original mintage being a round number
     
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