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<p>[QUOTE="cladking, post: 130019, member: 68"]Thanks for the clarification Conder101.</p><p><br /></p><p>It was a very bad time for people who were interested in circulating coinage. Not only were most of the old coins disappearing but the new coins were supremely boring because they carried the same date and had no mint marks. Even if you were still interested in the coins they were horribly made. The mint was trying to make as many coins as possible to combat the coin shortage and were straining at their production limits. This meant dies were used beyond their useful life and tonnages were decreased to the point that the designs were weakly struck. And these mintages were huge. Other than the '64 the mintages were in ranges that were simply unprecedented. Billions of each the dimes and quarters were made and since future years were expected to carry the same date these coins would never get "old". It wouldn't be possible anymore to watch coins wear away in circulation and mix in with those from other mints. Also one had the sense that something had been taken away as well. In the past you earned good silver for your efforts and now you might get a debased coin of the same design instead. All this with the rapidly rising price of silver assured that the old coins would continue to disappear. Even after the restoration of dates and mintmarks it was still a few years before circulating coinage was interesting again simply because it was so predictable and so many of the coins were XF/ AU '65- '67 issues. The mint didn't rotate their coin stocks until 1972 so it wasn't unusual to find rolls of brand new 1965 coins right up to 1975 being issued for circulation.[/QUOTE]</p><p><br /></p>
[QUOTE="cladking, post: 130019, member: 68"]Thanks for the clarification Conder101. It was a very bad time for people who were interested in circulating coinage. Not only were most of the old coins disappearing but the new coins were supremely boring because they carried the same date and had no mint marks. Even if you were still interested in the coins they were horribly made. The mint was trying to make as many coins as possible to combat the coin shortage and were straining at their production limits. This meant dies were used beyond their useful life and tonnages were decreased to the point that the designs were weakly struck. And these mintages were huge. Other than the '64 the mintages were in ranges that were simply unprecedented. Billions of each the dimes and quarters were made and since future years were expected to carry the same date these coins would never get "old". It wouldn't be possible anymore to watch coins wear away in circulation and mix in with those from other mints. Also one had the sense that something had been taken away as well. In the past you earned good silver for your efforts and now you might get a debased coin of the same design instead. All this with the rapidly rising price of silver assured that the old coins would continue to disappear. Even after the restoration of dates and mintmarks it was still a few years before circulating coinage was interesting again simply because it was so predictable and so many of the coins were XF/ AU '65- '67 issues. The mint didn't rotate their coin stocks until 1972 so it wasn't unusual to find rolls of brand new 1965 coins right up to 1975 being issued for circulation.[/QUOTE]
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