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<p>[QUOTE=&quot;onecenter, post: 366386, member: 8703&quot;]Interesting concept, the thought of a &quot;coin shortage.&quot;&nbsp; If only Senator Alan Bible (D-NV) were still alive!</p><p><br /></p><p>Of the six denominations minted in the USA, only three coins truly circulate to begin with, the 5-cent &quot;nickel&quot; worth more than the face value due to spiraling cost of its component base metals, the dime and the quarter dollar.&nbsp; The quarter dollar emerged as the workhorse of the system after the 1960&#039;s.&nbsp; In addition, many of the Statehood quarters have been withdrawn from circulation.&nbsp; It has been estimated and published in Coin World that 100 million people collect Statehood quarters.&nbsp; In short, a minimum of 10% of the total Statehood mintage sits in sets, boards, rolls and so on.</p><p><br /></p><p>Half dollars &quot;suffer&quot; from the &quot;Kennedy mystique&quot; and have been rarely seen in circulation since the late 1960&#039;s and minted only to cater to the collector market.&nbsp; Approximately 5-7 million halves are minted for a population of 300 million people and none for circulation since 2001.&nbsp; Although half dollars were considered the workhorse coin of the coinage system prior to 1970, the total mintage of 1964 Kennedy half dollars is greater in that one year combined than all the halves minted from 1796-1963.&nbsp; In the years 1970 and 1987, halves were not minted for circulation.</p><p><br /></p><p>The Sacagawea and Presidential dollars also see little circulation, despite the fact there are about 800 million available from the Mint and/or Federal Reserve at any given moment.&nbsp; There is a long, long history of dollar coins not circulating well in the USA.&nbsp; Until the early 1960&#039;s the Mint&#039;s vaults were FULL of Morgan dollars minted from 1878-1904 and 1921, even after 270 million were melted down in 1918.&nbsp; I am sure there were some Peace dollars in that mix, as well.&nbsp; In addition, we must remember it took 20 years to &quot;use up&quot; 800 million Anthony dollars minted in 1979 (90% of the total mintage) and 1980 (9%) until the 1999 surprise mintage prior to the introduction of the Sacagawea design.</p><p><br /></p><p>The post-1958 Lincoln Memorial cent is maligned and just pile-up in jars and coffee cans, although I must say, I do use them often in transactions everyday.&nbsp; Wheat cents have disappeared after the last ones were minted 50 years ago.&nbsp; I have several hundred rolls in my collection, every one pulled from circulation.[/QUOTE]</p><p><br /></p>

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