Depression coin

Discussion in 'US Coins Forum' started by Mrs. C. Gray, Mar 12, 2016.

  1. Mrs. C. Gray

    Mrs. C. Gray New Member

    Is a 1929 Buffalo head coin conside red a depression coin?
     
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  3. COCollector

    COCollector Well-Known Member

  4. rzage

    rzage What Goes Around Comes Around .

    I'd say technically yes , but I would consider coins from the '30s as more worthy of that description as the effects of jobs really started in the early '30s .
     
  5. Mrs. C. Gray

    Mrs. C. Gray New Member

  6. Santinidollar

    Santinidollar Supporter! Supporter

    The start of the Great Depression is historically tied to the Wall Street crash of 1929. In numismatics, I have never heard the term depression coin.
     
  7. green18

    green18 Unknown member Sweet on Commemorative Coins

    I've heard the term 'depression glass' (I think the wife has some of that) but never depression coin. Coins minted during the (Great) depression? Yes.
     
  8. Dancing Fire

    Dancing Fire Junior Member

    Here are two of my many "depression coins" . I am very depressed of what I paid for these 20 yrs ago...:(
     

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  9. eddiespin

    eddiespin Fast Eddie

    It's a Roaring Twenties coin. :)

     
  10. messydesk

    messydesk Well-Known Member

    This. The term "depression coin" is not numismatically significant. It doesn't indicate that a coin is any more or less rare than a pre- or post-depression issue. The Great Depression impacted demand for certain coins in circulation, which impacted mintages, but not in the same manner throughout all of the 1930s, and not for all series. $20 Saints are the only coin that suddenly becomes universally rare and expensive starting in 1929 for the rest of the series. 1932 $10 Indians are common. 1934-38 almost everything is fairly common. 1931 and 1933 are probably the only two depression years that are "premium dates" for all issues.

    One could do the same exercise for the mid 1890s as well.
     
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