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<p>[QUOTE="GDJMSP, post: 176553, member: 112"]The truthful reasons have been mentioned already, first and foremost the US Govt. was absolutely convinced that the reason the country was undergoing a coin shortage was because of collectors. Supposedly collectors were removing all the coins from circulation. It really wasn't true, but they really did believe it. That's why the mint mark was deleted - plain and simple.</p><p><br /></p><p>Secondly, the govt was also convinced that because the change from silver to clad was coming and that it had been well publicized that the silver coins would disappear even faster from circulation than they had been. That <u>was</u> true and they did. So they minted multiples of normal mintages to replace the coins that were disappearing. Not because they were afraid the clad coins would be hoarded, but because they knew the silver coins would be.[/QUOTE]</p><p><br /></p>
[QUOTE="GDJMSP, post: 176553, member: 112"]The truthful reasons have been mentioned already, first and foremost the US Govt. was absolutely convinced that the reason the country was undergoing a coin shortage was because of collectors. Supposedly collectors were removing all the coins from circulation. It really wasn't true, but they really did believe it. That's why the mint mark was deleted - plain and simple. Secondly, the govt was also convinced that because the change from silver to clad was coming and that it had been well publicized that the silver coins would disappear even faster from circulation than they had been. That [U]was[/U] true and they did. So they minted multiples of normal mintages to replace the coins that were disappearing. Not because they were afraid the clad coins would be hoarded, but because they knew the silver coins would be.[/QUOTE]
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