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#1
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Survey: 2,000 US Jefferson nickels
Five days ago I bought 50 rolls of nickels, 6 rolls from seven
different locations and 8 rolls from an eighth location. I've sorted them out and tallied them up. Total coins came to 2,001. One of them was a 1974-D Dime, I excluded it in my percentage calculations. Other oddities found were a silver 1943-P and a 1972 Canadian. I was prompted to do this when a number of people made comments that 2004 nickels were as common as dirt in their locations. While that hadn't been my observation. The results showed me that the Peace medal design was more common than I thought, and the Keelboat design is indeed scarce (here). But, even the Peace nickel is far from "common as dirt", coming in 20th and 21st on the list. The following is a list of what I found, sorted in descending order by quantity found. Do you Pros see anything unexpected in this result? Year MM Qty Percent 2000 D 130 6.50 2001 P 116 5.80 1999 P 99 4.95 2002 D 90 4.50 1999 D 59 2.95 1996 D 58 2.90 2002 P 55 2.75 1994 D 53 2.65 1995 D 51 2.55 1998 P 50 2.50 1996 P 47 2.35 1998 D 46 2.30 1994 P 44 2.20 2003 D 43 2.15 1964 D 40 2.00 1989 P 36 1.80 1997 D 36 1.80 1991 P 33 1.65 2003 P 33 1.65 2004 D Peace 31 1.55 2004 P Peace 31 1.55 1992 P 30 1.50 2001 D 30 1.50 1988 D 29 1.45 1995 P 29 1.45 1989 D 28 1.40 1997 P 28 1.40 2000 P 27 1.35 1988 P 26 1.30 1981 P 25 1.25 1984 D 22 1.10 1984 P 22 1.10 1983 P 21 1.05 1990 P 21 1.05 1992 D 21 1.05 1964 20 1.00 1993 D 20 1.00 1976 D 18 0.90 1980 P 18 0.90 1986 P 18 0.90 1987 D 17 0.85 1991 D 17 0.85 1980 D 16 0.80 1990 D 16 0.80 1993 P 15 0.75 1970 D 14 0.70 1985 D 14 0.70 1978 13 0.65 1976 12 0.60 1975 D 11 0.55 1979 11 0.55 1985 P 11 0.55 1973 10 0.50 1977 10 0.50 1978 D 10 0.50 1973 D 9 0.45 1974 D 9 0.45 1974 9 0.45 1977 D 9 0.45 1970 S 8 0.40 1983 D 8 0.40 1986 D 8 0.40 1971 D 7 0.35 1972 D 7 0.35 1979 D 7 0.35 1981 D 7 0.35 1987 P 7 0.35 1961 D 5 0.25 1963 D 5 0.25 1965 5 0.25 1982 D 5 0.25 2004 P Keel 5 0.25 1963 4 0.20 1971 4 0.20 1975 4 0.20 1962 D 3 0.15 1969 D 3 0.15 1969 S 3 0.15 1953 D 2 0.10 1957 D 2 0.10 1958 D 2 0.10 1966 2 0.10 1972 2 0.10 1982 P 2 0.10 1940 S 1 0.05 1941 D 1 0.05 1943 P 1 0.05 1946 1 0.05 1947 1 0.05 1948 1 0.05 1952 D 1 0.05 1954 D 1 0.05 1956 D 1 0.05 1960 D 1 0.05 1960 1 0.05 1961 1 0.05 1967 1 0.05 1968 S 1 0.05 1972 Canada 1 0.05 1974 D DIME 1 0.05 2004 D Keel 1 0.05 1956 0 0.00 1957 0 0.00 1958 0 0.00 1959 D 0 0.00 1959 0 0.00 1962 0 0.00 1968 D 0 0.00 |
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#2
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Very interesting. Thanks. This shows one of the most interesting changes that has occured in pocket change in the last half a century. Back in the 1950's all of the tough coins would have been removed by the large numbers of collectors. Today even those you didn't find would show up if you had a suficiently large sample. Another thing that would be seen in a larger sample is that the pre-1965 coins show up in high grades like XF and AU while the later coins are rarely seen in better condition. This is because collectors have saved the older coins out of circulation for long periods while they have basically ignored the later issues. |
#3
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On Sun, 27 Feb 2005 19:46:18 -0600, Vector
wrote: Five days ago I bought 50 rolls of nickels, 6 rolls from seven different locations and 8 rolls from an eighth location. I've sorted them out and tallied them up. Total coins came to 2,001. One of them was a 1974-D Dime, I excluded it in my percentage calculations. Other oddities found were a silver 1943-P and a 1972 Canadian. I was prompted to do this when a number of people made comments that 2004 nickels were as common as dirt in their locations. While that hadn't been my observation. The results showed me that the Peace medal design was more common than I thought, and the Keelboat design is indeed scarce (here). But, even the Peace nickel is far from "common as dirt", coming in 20th and 21st on the list. The following is a list of what I found, sorted in descending order by quantity found. Do you Pros see anything unexpected in this result? ---snip--- Nice data, this might just get me working on a set of these. Been thinking about it for a while. Was actually putting Jeffersons aside for a while to look at later. I don't do nearly as much collecting from the pocket as I should. Ron |
#4
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Vector wrote:
Five days ago I bought 50 rolls of nickels, 6 rolls from seven different locations and 8 rolls from an eighth location. I've sorted them out and tallied them up. Total coins came to 2,001. One of them was a 1974-D Dime, I excluded it in my percentage calculations. Other oddities found were a silver 1943-P and a 1972 Canadian. You did see my find of a 1930 Buffalo on Saturday, right? gloating I was prompted to do this when a number of people made comments that 2004 nickels were as common as dirt in their locations. While that hadn't been my observation. The results showed me that the Peace medal design was more common than I thought, and the Keelboat design is indeed scarce (here). But, even the Peace nickel is far from "common as dirt", coming in 20th and 21st on the list. Without furnishing a street address, what is your location? ;-) The following is a list of what I found, sorted in descending order by quantity found. Do you Pros see anything unexpected in this result? Year MM Qty Percent 2000 D 130 6.50 2001 P 116 5.80 1999 P 99 4.95 2002 D 90 4.50 1999 D 59 2.95 1996 D 58 2.90 2002 P 55 2.75 1994 D 53 2.65 1995 D 51 2.55 1998 P 50 2.50 For me, the 1998 places higher than this. Many of the ones I see have machine doubling on the date. 1996 P 47 2.35 1998 D 46 2.30 1994 P 44 2.20 2003 D 43 2.15 1964 D 40 2.00 1989 P 36 1.80 1997 D 36 1.80 1991 P 33 1.65 2003 P 33 1.65 2004 D Peace 31 1.55 2004 P Peace 31 1.55 Equal P+D? Now I really want to know where you live! P outnumbers D here in Cumberland, MD roughly 10 to 1. 1992 P 30 1.50 2001 D 30 1.50 1988 D 29 1.45 1995 P 29 1.45 1989 D 28 1.40 1997 P 28 1.40 2000 P 27 1.35 1988 P 26 1.30 1981 P 25 1.25 1984 D 22 1.10 1984 P 22 1.10 1983 P 21 1.05 1990 P 21 1.05 1992 D 21 1.05 1964 20 1.00 Except for the 1964's. I get them in nearly equal numbers. I could have built a scale replica of Notre Dame with all the 1964's I've discarded in the past 3 and half years. ;-) (Carl Barks, Phantom of Notre Duck, Duck fans will understand!) 1993 D 20 1.00 1976 D 18 0.90 1980 P 18 0.90 1986 P 18 0.90 1987 D 17 0.85 1991 D 17 0.85 1980 D 16 0.80 1990 D 16 0.80 1993 P 15 0.75 1970 D 14 0.70 1985 D 14 0.70 1978 13 0.65 1976 12 0.60 1975 D 11 0.55 1979 11 0.55 1985 P 11 0.55 1973 10 0.50 1977 10 0.50 1978 D 10 0.50 1973 D 9 0.45 1974 D 9 0.45 1974 9 0.45 1977 D 9 0.45 1970 S 8 0.40 1983 D 8 0.40 1986 D 8 0.40 1971 D 7 0.35 '71-D seems much more frequent to me, but as a discard, I can't suggest a frequency for which I find it. 1972 D 7 0.35 1979 D 7 0.35 1981 D 7 0.35 1987 P 7 0.35 Wow! Way under-represented. Not only do I get scads and scads of 1987 P, a substantial number show strong luster, no circulation and especially strong strikes! 1961 D 5 0.25 1963 D 5 0.25 1965 5 0.25 1982 D 5 0.25 2004 P Keel 5 0.25 I can't argue with a truth. ;-/ Keelboats here are at least as common as Peace, now. 1963 4 0.20 1971 4 0.20 1975 4 0.20 1962 D 3 0.15 1969 D 3 0.15 1969 S 3 0.15 1953 D 2 0.10 1957 D 2 0.10 1958 D 2 0.10 1966 2 0.10 1972 2 0.10 While 1972 is one of the issues that I hoard, it's far more common for me to find than 1/1,000. More like 1/100. 1982 P 2 0.10 1940 S 1 0.05 Really cool! 1941 D 1 0.05 1943 P 1 0.05 Cool! 1946 1 0.05 1947 1 0.05 1948 1 0.05 1952 D 1 0.05 1954 D 1 0.05 1956 D 1 0.05 1960 D 1 0.05 1960 1 0.05 Definitely a tough date. '60-D is common though, here. D outnumbers P for 1960 in my hoard at least 15 or 20 to 1. 1961 1 0.05 1967 1 0.05 So there is no longer an argument with my assertion that this Jeff is 'hard to find' in circulation? Sometimes I go a month without finding one. 1968 S 1 0.05 1972 Canada 1 0.05 1974 D DIME 1 0.05 2004 D Keel 1 0.05 1956 0 0.00 1957 0 0.00 1958 0 0.00 1959 D 0 0.00 Nowhere near as tough as the 1958 and 1959 P issues. I've got a roll of 1959-D's done now. 1959 0 0.00 1962 0 0.00 1968 D 0 0.00 A sleeper. But in $50 I'd expect to see 4 or 5. Where are the 1939, 1940 and 1941 P's? I get 1940 and 1941 at least as often as 1966 and 1967... Thanks a lot for taking the time to share your findings! It's fun and nice to have a second sampling site to compare to my experience! Alan 'congratulations on your profit, too!' |
#5
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On Sun, 27 Feb 2005 22:08:45 -0500, Alan Williams
wrote: snip You did see my find of a 1930 Buffalo on Saturday, right? gloating Yeah, I saw that, I haven't found a Buffalo in decades! snip Without furnishing a street address, what is your location? ;-) Panama City -- central panhandle of Florida The following is a list of what I found, sorted in descending order by snip 1998 P 50 2.50 For me, the 1998 places higher than this. Many of the ones I see have machine doubling on the date. All I've done so far is sort and tally. Now, I'll go back and pick some to keep. I'll check that. 1996 P 47 2.35 snip 2004 D Peace 31 1.55 2004 P Peace 31 1.55 Equal P+D? Now I really want to know where you live! P outnumbers D here in Cumberland, MD roughly 10 to 1. That's what I found : \ 1992 P 30 1.50 snip 1987 P 7 0.35 Wow! Way under-represented. Not only do I get scads and scads of 1987 P, a substantial number show strong luster, no circulation and especially strong strikes! That IS odd. I can't imagine the reason for this discrepancy. snip 1940 S 1 0.05 Really cool! Yup, and the '43-P too ;-) 1941 D 1 0.05 snip 1968 D 0 0.00 A sleeper. But in $50 I'd expect to see 4 or 5. $100, actually, LOL, should've been 8 to 10? Where are the 1939, 1940 and 1941 P's? I get 1940 and 1941 at least as often as 1966 and 1967... I dunno. No doubt the larger the sample the higher the accuracy ... but $100 was all I could swing. Besides, 20,000 would've taken me more than a month to sort through. Thirty years ago I used to take on that many Cents ... somehow I seemed to have more leisure time back then. I appreciate your feedback. But, I have no clue about the apparent discrepancies. I guess the "Redneck Riviera" effect might have something to do with it. |
#6
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Vector wrote:
On Sun, 27 Feb 2005 22:08:45 -0500, Alan Williams wrote: snip You did see my find of a 1930 Buffalo on Saturday, right? gloating Yeah, I saw that, I haven't found a Buffalo in decades! Two in the past two years, over here. Nickels earn my personal nod as the most productive denomination for searching, at least at the present time. ;-) snip Without furnishing a street address, what is your location? ;-) Panama City -- central panhandle of Florida Thanks! 1992 P 30 1.50 snip 1987 P 7 0.35 Wow! Way under-represented. Not only do I get scads and scads of 1987 P, a substantial number show strong luster, no circulation and especially strong strikes! That IS odd. I can't imagine the reason for this discrepancy. I think some one must have 'over-ordered' 18 years ago. It's the volume of these I find in high states of preservation that amazes me most! 1968 D 0 0.00 A sleeper. But in $50 I'd expect to see 4 or 5. $100, actually, LOL, should've been 8 to 10? Yes, that would be about equal to the frequency I see. Where are the 1939, 1940 and 1941 P's? I get 1940 and 1941 at least as often as 1966 and 1967... I dunno. No doubt the larger the sample the higher the accuracy ... but $100 was all I could swing. Besides, 20,000 would've taken me more than a month to sort through. Thirty years ago I used to take on that many Cents ... somehow I seemed to have more leisure time back then. I appreciate your feedback. But, I have no clue about the apparent discrepancies. I guess the "Redneck Riviera" effect might have something to do with it. There are definitely local variations in SQ distribution. Apparently it holds true with the five cent piece, too! Alan 'hopes the 2005's aren't scarce here' |
#7
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"Vector" wrote in message ... On Sun, 27 Feb 2005 22:08:45 -0500, Alan Williams wrote: snip You did see my find of a 1930 Buffalo on Saturday, right? gloating Yeah, I saw that, I haven't found a Buffalo in decades! snip Without furnishing a street address, what is your location? ;-) Panama City -- central panhandle of Florida The following is a list of what I found, sorted in descending order by snip 1998 P 50 2.50 For me, the 1998 places higher than this. Many of the ones I see have machine doubling on the date. All I've done so far is sort and tally. Now, I'll go back and pick some to keep. I'll check that. 1996 P 47 2.35 snip 2004 D Peace 31 1.55 2004 P Peace 31 1.55 Equal P+D? Now I really want to know where you live! P outnumbers D here in Cumberland, MD roughly 10 to 1. That's what I found : \ 1992 P 30 1.50 snip 1987 P 7 0.35 Wow! Way under-represented. Not only do I get scads and scads of 1987 P, a substantial number show strong luster, no circulation and especially strong strikes! That IS odd. I can't imagine the reason for this discrepancy. snip 1940 S 1 0.05 Really cool! Yup, and the '43-P too ;-) 1941 D 1 0.05 snip 1968 D 0 0.00 A sleeper. But in $50 I'd expect to see 4 or 5. $100, actually, LOL, should've been 8 to 10? Where are the 1939, 1940 and 1941 P's? I get 1940 and 1941 at least as often as 1966 and 1967... I dunno. No doubt the larger the sample the higher the accuracy ... but $100 was all I could swing. Besides, 20,000 would've taken me more than a month to sort through. Thirty years ago I used to take on that many Cents ... somehow I seemed to have more leisure time back then. It took me about 5 months to go through 60,000 cents. I know I missed something good. There was an article a few months back where a landfill removed all of the coins from just one day's worth of garbage pick up. It was around 7 grand at just that one site. That's where most older coins are ending up. I appreciate your feedback. But, I have no clue about the apparent discrepancies. I guess the "Redneck Riviera" effect might have something to do with it. The advent of Coinstars all over the place have made it so many banks never have to order coins to meet demand. They are swimming in coinage from what I've read. This is why some areas have never seen any of the '04 designs because their area might not need to get any more nickels to meet demand. My area doesn't get any new SHQ's until around 3 weeks after they come out. It used to be you could get those as soon as they were released. So it takes about 3 weeks to a month for banks around me to get to where they need more quarters. Pretty soon if things keep going like this I'm going to have to start buying them because I won't wait for months until I can even see one around here. I've only seen three Texas quarters and 4 Floridas. But there are a ton of Iowa's and Wisconsins around. |
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