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<p>[QUOTE=&quot;Conder101, post: 691355, member: 66&quot;]And it would just about guarantee a coin shortage as well as everyone who knew there was some rare new cent , nickel or whatever, but didn&#039;t know precisely what it was, would hoard every new coin they got just to make sure they didn&#039;t spend one of the rare ones.</p><p><br /></p><p>Saw it happen in 72, saw it again in 95.&nbsp; Heard about it from all over &quot;theres some rare pennies out there.&nbsp; Not sure exactly what it is but I&#039;m hanging on to all of them just in case.&quot;&nbsp; During the great silver melt in 1979 I saw lots of people bring in tons of 1964 nickels.&nbsp; Why well because they knew the other 1964 coins were good ones so they figured the 64 nickels must be good too.&nbsp; People think there is a chance they might be giving away something of value they hoard instead.&nbsp; That&#039;s why the mintages of the first two years of state quarters were so high.&nbsp; They were different and people thought they might be valuable some day.&nbsp; So they hoarded up huge quanities.&nbsp; Then as it finally soaked in that there were going to be multiple designs for a long time the hoarding slowed and mintages decreased greatly.[/QUOTE]</p><p><br /></p>

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