How do you tell apart nifc from buisness strike

We kid because we care.

 

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That might be a plausible response to someone who understands, but we do have a lot of newbies here. So, an explanation would be helpful.

Chris

 

Some of the 2001 P coins were distributed into circulation in 2001 before distribution was cut off. At that point those still unrelease in the Federal Reserve system were returned to the mint. They remained in storage until they were offered for sale to collectors in 2004.

 

But 2002 was strictly numismatic release?

 

Yes. Look at the mintage figures, The 2001 was actually struck for circulation with over 19 million from each mint. The 2002 was 3 million P and 2.5 million D with 1.1 million of each of those eventually going into the mint sets and most of the rest in $100 bags and roll sets sold directly to collectors.

 

The way you tell a NIFC from a circulating business strike is by the year on the coin.

Half Dollars: 2002 - present, all are NIFC; 1970 D and 1987 P&D, mint set only
Sacagawea Dollars - 2002 - 2008 NIFC
Native American Dollars - 2011 - present NIFC
Presidential Dollars - 2011 - 2016 NIFC
ATB Quarters, S mint business strike 2012 - present NIFC

 

You could also include the 1996 W dime in that category, issued only in mint sets.

 

If the goobers ever get off their duffs. and get rid of the paper dollar, some of those NIFC coins you guys mention could become circulation worthy pieces. They've got such a surplus of presidential dollars that they had to build a storage facility to hold them all.

 

But only up through Garfield, if memory serves.

 

Actually that's:
Native American Dollars - 2012 - present NIFC
Presidential Dollars - 2012 - 2016 NIFC