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<p>[QUOTE="Kasia, post: 26124239, member: 31533"]That is a gorgeous nickel, and such a high grade, so, yeah, I'm in for this one.</p><p><br /></p><p>One fun fact about this issue is that this was the last year a buffalo nickel was made and the only year where both the (old) Buffalo Nickels and the (new) Jefferson Nickels were minted, and both were minted in large quantities. There were over 7 million 1938D buffalos minted (in 1938, Denver was the only mint to produce the last Buffalo nickels) and over 5 million 1938D Jeffies that year. Very unlike 1913 which was the year the Buffalos first made their appearance (nearly 31 mil Philadelphia minted ones, over 5 mil Denver ones and over 2 mil San Francisco ones) and when there only 5 known to exist (all P minted) of the previous design nickels (liberty head ones), so there was in the recent history for memory of many people no reason to hoard an initial issue of a coin or last issue of a coin en masse. But when the Jeffies did come out, the most recent releases of the 1938 D nickels did get hoarded to a larger extent than would normally be done. You had two issues of different coin designs in one year, and the 1938 D Buffalos were last minted in April 1938, around the time of the deadline for the Jefferson designs to be submitted that year. Also, the public was aware that when the design approval for a new coin was selected, it also would be issued that year, and they were aware of this early enough into the year that coins minted through April, once they found their way into circulation in rolls or in regular trade for people, they were kept and then when the Jefferson ones were put in circulation in mid November 1938, those also started being kept by individuals or hoarded in rolls. Many when they were pulled from the circulation process did not get enough wear on them to be circulated in grade.</p><p>(hopefully I made no typos on this one with facts. I did try to proof what I wrote here. I used Google for the facts while typing rather than actually looking at the red book)[/QUOTE]</p><p><br /></p>
[QUOTE="Kasia, post: 26124239, member: 31533"]That is a gorgeous nickel, and such a high grade, so, yeah, I'm in for this one. One fun fact about this issue is that this was the last year a buffalo nickel was made and the only year where both the (old) Buffalo Nickels and the (new) Jefferson Nickels were minted, and both were minted in large quantities. There were over 7 million 1938D buffalos minted (in 1938, Denver was the only mint to produce the last Buffalo nickels) and over 5 million 1938D Jeffies that year. Very unlike 1913 which was the year the Buffalos first made their appearance (nearly 31 mil Philadelphia minted ones, over 5 mil Denver ones and over 2 mil San Francisco ones) and when there only 5 known to exist (all P minted) of the previous design nickels (liberty head ones), so there was in the recent history for memory of many people no reason to hoard an initial issue of a coin or last issue of a coin en masse. But when the Jeffies did come out, the most recent releases of the 1938 D nickels did get hoarded to a larger extent than would normally be done. You had two issues of different coin designs in one year, and the 1938 D Buffalos were last minted in April 1938, around the time of the deadline for the Jefferson designs to be submitted that year. Also, the public was aware that when the design approval for a new coin was selected, it also would be issued that year, and they were aware of this early enough into the year that coins minted through April, once they found their way into circulation in rolls or in regular trade for people, they were kept and then when the Jefferson ones were put in circulation in mid November 1938, those also started being kept by individuals or hoarded in rolls. Many when they were pulled from the circulation process did not get enough wear on them to be circulated in grade. (hopefully I made no typos on this one with facts. I did try to proof what I wrote here. I used Google for the facts while typing rather than actually looking at the red book)[/QUOTE]
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