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<p>[QUOTE=&quot;GDJMSP, post: 1550420, member: 112&quot;]If you already know what happened then what Hobo and 19 said explains it. But if you don&#039;t know what happened then it kinda does but kinda doesn&#039;t.</p><p><br /></p><p>Short and sweet - people in the govt. got it into their heads that the coin shortage was being caused purely by coin collectors. So to put a stop to that the govt. thought that by removing mint marks from the coins that that would stop coin collectors from removing the coins from circulation. </p><p><br /></p><p>But, as 19 said, coin collectors were not the problem, ordinary people were the problem. Everybody was removing coins from circulation because they contained&nbsp; silver and they knew the new coins would not contain silver. It was a problem the govt. brought upon themselves. But the govt., being the govt., never admits to making mistakes. Instead, they always blame somebody else, and in this case they blamed coin collectors.</p><p><br /></p><p>You see, since 1947 they had produced annual Mint Sets and annual Proof sets. The govt. thought those sets satisfied coin collectors. So to continue satisfying coin collectors, and to help the mint be able to ramp up production of circulation coins to help alleviate the coin shortage, they decided to stop making Proof sets and Mint Sets, and instead just produce 1 set, the SMS sets, to replace the previous 2 sets. The SMS sets were to be a combination, a Proof set and a Mint set all in one set.</p><p><br /></p><p>This meant that the time and the materials that the mint previously spent producing those 2 sets would be cut in half. And that the mint would therefore be able to use that time and those materials to produce more coins for circulation to solve the shortage issue.</p><p><br /></p><p>Of course it didn&#039;t work because that wasn&#039;t the problem. But it took 3 years for the mint to catch up and produce enough coins to replace the silver coins that were being removed from circulation by virtually everybody. And once they did that, then they went back to producing annual Mint Sets and Proof sets.[/QUOTE]</p><p><br /></p>

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