2009 nickels and dimes

In 2009 President Obama ordered the mint to stop minting nickels and dimes in March. That resulted in low mint numbers for both P and D mint marks compared to most years. I have noticed while CRH I no longer find many of these coins. Am I alone? Do you think these coins are being taken out of circulation by collectors? Or, is this my imagination! Just curious what you think!!!

 

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There scarce in the wild in rolls,change e.t.c and yes its the fact that people find and keep them and there just not around these days.I still haven't found one.

 

They are definitely modern day rarities.

 

@1stSgt22 I caught a well worn 2009 P nickel today...first one I've seen in many, many months. Shear numbers are high when contrasted with early Jeffersons, but muted quite a bit by modern mintages. Hoarding by collectors early on (bought and never put in circulation) make it like the 1950D which was hoarded in uncirculated condition. Buying Gem coins for either date isn't as expensive as some of the others that weren't hoarded in uncirculated condition. @DatDareNickelGuy has been keeping the stats on 2009 and 2009 D nickels in his 500 box CRH challenge. Have a look at the counts relative 625,000+ nickels that he's searched. The low number is really an eye opener (Note: he's in Texas, so Ds are more frequent than Ps). Scarcity is a factor of a number of things, but fun to find when you can.

 

I did the look up - here are the numbers relative to the 625,000+ nickels looked at:

2009-P-49

2009-D-1563

Finding 2009P in Texas is Christmas-come-early it appears.

 

Rumor has it that nickels and dimes were shipped to Puerto Rico
that year. Just sayin'.

 

Interesting. Release points for varieties have been offered in the past but I hadn’t heard this bit. I was in PR three years ago...had I only known. The luggage could have been a tad heavier.

 

@Kevin Mader If I remember correctly, it was in both Coin World
and Numismatic News. I bought 5 rolls of each mm and denom.
at a show in Knoxville. Face plus 50%.

 

Just worrying about 2009 circulating stuff the mintage were:

Denver Philadelphia 2009 Total
Birthplace Cent:
D =350,400,000
P = 284,400,000
Total 634,800,000
Formative Years Cent
D= 363,600,000
P= 376,000,000
Total 739,600,000
Professional Life Cent
D= 336,000,000
P= 316,000,000
Total 652,000,000
Presidency Cent
D= 198,000,000
P= 129,600,000
Total 327,600,000
Jefferson Nickel
D= 46,800,000
P= 39,840,000
Total 86,640,000
Roosevelt Dime
D= 49,500,000
P= 96,500,000
Total 146,000,000
DC Quarter
D= 88,800,000
P= 83,600,000
Total 172,400,000
Puerto Rico Quarter
D= 86,000,000
P= 53,200,000
Total 139,200,000
Guam Quarter
D= 42,600,000
P= 45,000,000
Total 87,600,000
American Samoa Quarter
D= 39,600,000
P= 42,600,000
Total 82,200,000
U.S. Virgin Islands Quarter
D= 41,000,000
P= 41,000,000
Total 82,000,000
Northern Mariana Islands Quarter
D= 37,600,000
P= 35,200,000
Total 72,800,000

People say Puerto Rico got them all but the mints production drops off during that mint issue of quarter. This is when they realize the recession and cut production due to reduced demand. The coins still went to wherever they were requested, there wasn't much request for new coins going on. Even the last cent production was cut in half.

2009 the mint in total produced around 3.5 billion coins which is extremely low. 2.5 billion roughly were cents.

The mint normally makes half a billion to 1.5 billion nickels a year.
They usually make 1-3 billion P+D dimes a year.
There's just far less out there in circulation than other years which makes them less seen. The mintage is still high enough that it's not really a drastic rarity though. They will just be rarely seen in circulation like early S mint mark nickels and dimes but they will still turn up.

 

Good observation and yes they are more difficult to find in the wild.

 

Thanks for the reality shock John. Great information!

 

I haven't seen either in circulation.

 

Yes. I'm still looking for a 2009 D nickel and I do some roll hunting. Each year since and before they are putting out close to half a billion of them or more at least 1 per american of each mint mark or better. But the 2009s are more like 1 or ever 3-6 Americans so they will turn up less frequently and get washed out in the mix of everything else overwhelming it.

That's not to say 86 million nickels or 146 million dime isn't a lot, it's still a lot there's just a lot more of everything else that's more likely to turn up in a search is all.

And yeah there's people hoarding them for whatever the reason. The mintages are more than enough to feed the collectors all they can eat and still be plenty to go around so I don't see it ever really being the super rarity. I won't buy them I know it will turn up if I keep looking.

 

I've seen the nickels going for about $25 a roll.

 

I don't doubt that you have, personally I wouldn't be a buyer. People that could get them did and some hoarded them and making people pay for access now. No thanks. it's not easy but an example can be got from circulation. If I'm hard pressed for a MS example I'd buy a MS 65 for $10 or $20 off ebay call it a day.

Not saying it's a bad idea, just saying 40-50 million isn't low mintage enough to gamble on other people rolls of picked through coins they themselves probably pieced together out of circulation.

 

I have found and kept a few but not a lot!! They are still out there I'm sure, but harder to find than most modern nickels and dimes!! I personally think the ones maintained in MS or uncirculated condition will some day bring a small premium but nothing like the 1909s vdb cent.

 

I agree 1stSgt22. Just I feel if you are gonna do it buy the highest graded example you feel comfortable with and let the exploiters keep holding. I rather 1 MS65 than a roll of whatever at least you know what you got.

By the way with quarters the hardest ones come 2010-2011-2012. And honestly it's the first half of 2012 that are the lowest. Those would be the ones, with the amount of circulation the quarters see, to hold on to.

I mean nickels and dimes are lower mintage in 2009 than before or after, but they aren't "low mintage".
Long term I think the 2012 El Yungue, Chaco culture, and Acadia quarters in high grade are better holds due to the national park series than 2009 nickels or dimes. Chaco culture p or d is like 22 million and Acadia 2012D is 21.6 million and people gonna need them for the full national park subset. Still though they make like 1-2 million circulation S mint marks and they worth like $2.00 in MS65, So there's that.

Just not worth the costs. They can be found in circulation with some effort.

 

hey 1stSgt22 great post! i do some CRH from time to time and yes i have noticed the few and far between nickels and dimes. i did not know the president did that. does anyone know why he ordered the mint to stop? good luck to ya buddy

 

Not sure but think it had something to do with a lack of demand for new coinage!

 

the president didn't order the mint to stop producing, the fed reserve banks told the mint to stop producing because demand dropped off due to the recession and banks weren't ordering change, instead people were turning in coins and the banks were sending the overflow back to the fed.

it's really got nothing to do with the president, and more about controlling the money supply.

https://www.coinnews.net/2009/04/29/us-mint-halts-2009-nickels-and-dimes-production/

https://www.npr.org/templates/story/story.php?storyId=104002765