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<p>[QUOTE=&quot;softmentor, post: 1466874, member: 10469&quot;]If I understand your point, this should make the question and the problem worse</p><p><br /></p><p><a href="http://www.fleur-de-coin.com/coinfacts/unitedstates_3.asp" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.fleur-de-coin.com/coinfacts/unitedstates_3.asp" rel="nofollow">http://www.fleur-de-coin.com/coinfacts/unitedstates_3.asp</a></p><p><br /></p><p>There is approximately $8 billion worth of coins circulating in the US today. The U.S. Mint produces nearly 30 billion coins for general circulation each year (28 billion in 2000 and 21 billion in 2001)</p><p><br /></p><p>This would seem to say that there is more minted every year than is in circulation! Where did it go?</p><p><br /></p><p>The story form 2009 I think tells the story. When the economy got tough in 08, people started spending (putting back into circulation) so much coin, that the mint in 09 stopped minting very early. People have coins piled up. In their cars, in their pocket, but especially at home. Big jars, cans, hoards of the stuff. </p><p><br /></p><p>Collectors too, keep lot of it. Take this story for example</p><p>When the Sacajawea dollar coin was launched in 2000, a half billion coins were issued within 14 weeks of the first ones rolling off the mint presses. It took the Susan B. Anthony dollar 14 years to reach that much circulation. The &quot;Sackie,&quot; with its golden patina, was hoarded by collectors at an average rate of 13 coins per person in the United States when it was first issued.</p><p><br /></p><p>Also remember the 1965, 66, and 67 coins did not have mint marks? This was because the government didn&#039;t want collectors takeing a lot of coin out of circulation while they were rebuilding circulation quantities after the 1964 silver grab. </p><p><br /></p><p>Hording, or holding onto a bunch of coins is common. All that coin is siting on the dresser and in a can at you neighbors house. Every once in a while someone returns it to circulation which would explain why there are still older dates to be found and why the wear and rub has not been more that it has.[/QUOTE]</p><p><br /></p>

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