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Why no 1932 or 1933 Mercury Dimes?
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<p>[QUOTE="Hobo, post: 410521, member: 11521"]Why would the Mint make coins when there is no demand for that coin? If the existing supply is adequate no new coins are needed. This fact still holds true. Look at modern coins that were/are not minted every year. </p><p> </p><p>Around 486 million SBA dollar coins were minted for circulation in 1979 and 1980. The coins proved to be very unpopular so the supply far exceeded demand. Millions and millions and millions of SBAs piled up in the Mints vaults. With enough SBAs on hand to meet demand for decades the Mint did not produce any more. As banks slowly requested the coins over the years the stockpile of SBAs slowly dwindled until 1999 when the Mint minted 41 million more SBAs to meet demand ahead of the new Sac dollar. </p><p> </p><p>How about the Kennedy Half Dollar? No Kennedy Halves are made today for circulation - because there is very little demand for them and the existing supply can meet that small demand. </p><p> </p><p>The Mint continues to make Kennedy Halves but only for collectors because they can charge a premium for coins sold to collectors. In times past if there was no demand for a particular denomination of coin the Mint simply did not make any. Simple as that. Oh, how times have changed.[/QUOTE]</p><p><br /></p>
[QUOTE="Hobo, post: 410521, member: 11521"]Why would the Mint make coins when there is no demand for that coin? If the existing supply is adequate no new coins are needed. This fact still holds true. Look at modern coins that were/are not minted every year. Around 486 million SBA dollar coins were minted for circulation in 1979 and 1980. The coins proved to be very unpopular so the supply far exceeded demand. Millions and millions and millions of SBAs piled up in the Mints vaults. With enough SBAs on hand to meet demand for decades the Mint did not produce any more. As banks slowly requested the coins over the years the stockpile of SBAs slowly dwindled until 1999 when the Mint minted 41 million more SBAs to meet demand ahead of the new Sac dollar. How about the Kennedy Half Dollar? No Kennedy Halves are made today for circulation - because there is very little demand for them and the existing supply can meet that small demand. The Mint continues to make Kennedy Halves but only for collectors because they can charge a premium for coins sold to collectors. In times past if there was no demand for a particular denomination of coin the Mint simply did not make any. Simple as that. Oh, how times have changed.[/QUOTE]
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Why no 1932 or 1933 Mercury Dimes?
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