no coins minted questions

The following years did not have U.S. coins minted:

penny-1815
nickel-1922, 1932-1933
dime-1922, 1932-1933
quarter-1922, 1931, 1933
half-1922, 1924-1926, 1930,1932
dollar-1905-1920, 1929-1933, 1936-1970, 1982-1998

Question #1: Do I have the years listed above correct and did I include
every year with no coins minted?

Question #2: Why were these coins in the specific years not minted? I know
that the 1815 penny was due to a metal shortage. I assume that is true for
the other coins as well. But what is the reasoning for the metal shortages?

Question #3: Is the reason for the dollar not being minted for so many
years due to the shortage of metal or is it due to people not accepting the
dollar for everyday transactions?

TIA,
Joe

Your half dollar list should say 1930-1932 rather than 1930, 1932.
Also, you did not mention the 1975 quarter, half dollar and dollar, the
Mint having struck 1974-dated coins in the first half of 1975 and
1976-dated coins in the second half of 1975 in order to guanantee an
adequate supply of the Bicentennial coins.
..
Metal shortage only applies to the 1815 cents (not pennies), as the
Mint was purchasing cent planchets from England during this era and the
War of 1812 interferred. In the other instances, the skip was probably
due to the Mint having a surplus of those denominations already on hand
to meet commercial demand, with no need to strike new ones.
During World War I lots of people were working and taking home pay
envelopes, so coinage was way up. After the War, there was a recession
with dimished demand for coins, and so the coins struck during the War
were adequate to meet the demand. When the order came to strike silver
dollars in 1921 thru 1928 to replace the dollars melted during the War
to bolster the British economy, they just stopped making the small
stuff until batches of it were needed.
..
Standard Dollars were a small part of our monetary system before 1873,
when they were discontinued. The Morgan dollar of 1878-1904 was a
blatant subsidy to the silver mining industry. By 1904 the Treasury had
hundreds of millions of silver dollars that nobody wanted, and they
were finally allowed to stop striking more. However, the ones melted in
1918 were replaced during 1921-1928, and so they stopped again. The
relatively small issues of 1934-35 were little more than a
technicality.
After 1935 the Treasury had about 400 million dollars on hand. These
were not depleted until 1964, when silver started to rise in price.
When the casinos could no longer get dollar coins at face value, they
began issuing dollar tokens. The Treasury did not like this, and so it
issued the Ike dollar to drive out the tokens. However, they never
circulated widely because of their size and weight. The Anthony dollar
was supposed to be more acceptable by being smaller, but it was too
similar in design to the quarter. People refused to use it, and by 1981
the Treasury again had millions of them in the vaults to fill a slow
trickle of orders. These were not deplated until 1999.
Tom DeLorey

Oops...make that depleted.
TD

On Fri, 11 Feb 2005 03:37:55 GMT, "Joe" wrote:

The following years did not have U.S. coins minted:

penny-1815
nickel-1922, 1932-1933
dime-1922, 1932-1933
quarter-1922, 1931, 1933
half-1922, 1924-1926, 1930,1932
dollar-1905-1920, 1929-1933, 1936-1970, 1982-1998

Question #1: Do I have the years listed above correct and did I include
every year with no coins minted?

Question #2: Why were these coins in the specific years not minted? I know
that the 1815 penny was due to a metal shortage. I assume that is true for
the other coins as well. But what is the reasoning for the metal shortages?

Question #3: Is the reason for the dollar not being minted for so many
years due to the shortage of metal or is it due to people not accepting the
dollar for everyday transactions?

TIA,
Joe
=================

Add to the quarter dollar unissued years:
1797-1803
1808-1814
1816-1817
1826
1829-1830
HTH
Aram.

On Fri, 11 Feb 2005 03:37:55 GMT, "Joe" wrote:

The following years did not have U.S. coins minted:

penny-1815
nickel-1922, 1932-1933
dime-1922, 1932-1933
quarter-1922, 1931, 1933
half-1922, 1924-1926, 1930,1932
dollar-1905-1920, 1929-1933, 1936-1970, 1982-1998

Question #1: Do I have the years listed above correct and did I include
every year with no coins minted?

Question #2: Why were these coins in the specific years not minted? I know
that the 1815 penny was due to a metal shortage. I assume that is true for
the other coins as well. But what is the reasoning for the metal shortages?

Question #3: Is the reason for the dollar not being minted for so many
years due to the shortage of metal or is it due to people not accepting the
dollar for everyday transactions?

Joe,

Of course, the Depression had a huge impact on the number of coins
that were needed to keep the economy going. Notice that for 1932, for
example, only cents and quarters were struck. There were only about
six million quarters, and I wonder how many of those would have been
minted if it wasn't the first year for the Washington series.

If I remember to do it, tomorrow I'll try to put a chart together
showing just how much mintages dropped off during the Depression.

take care,
Scott

No dollars were minted from 1804 until the Gobrecht dollars were issued in
1836 and 1839. Dollar production began again in 1840. Only trade dollars,
intended for overseas distribution, were made during 1874-1877. Obviously,
the production of coinage depends on the demands of the economy. In
1920-1921, the US was in a serious but short depression. That probably
explains why only pennies and dollars (required by the Pittman Act of 1918)
were made in 1922. In the early 1930's the US was in another depression,
much worse and of a much longer duration than the one in 1920-21. The
unemployment rate hit almost 25 %. Coins weren't needed in commerce so none
were made. The quarters made in 1932 were actually intended as
commemoratives of Washington's 200th birthday. The design became the
regular design for quarters in 1934.

You can often trace the economic history of the country by looking at the
number of coins that are minted during a period.



"Joe" wrote in message
nk.net...
The following years did not have U.S. coins minted:

penny-1815
nickel-1922, 1932-1933
dime-1922, 1932-1933
quarter-1922, 1931, 1933
half-1922, 1924-1926, 1930,1932
dollar-1905-1920, 1929-1933, 1936-1970, 1982-1998

Question #1: Do I have the years listed above correct and did I include
every year with no coins minted?

Question #2: Why were these coins in the specific years not minted? I
know
that the 1815 penny was due to a metal shortage. I assume that is true
for
the other coins as well. But what is the reasoning for the metal
shortages?

Question #3: Is the reason for the dollar not being minted for so many
years due to the shortage of metal or is it due to people not accepting
the
dollar for everyday transactions?

TIA,
Joe

Also, you did not mention the 1975 quarter, half dollar and dollar, the
Mint having struck 1974-dated coins in the first half of 1975 and
1976-dated coins in the second half of 1975 in order to guanantee an
adequate supply of the Bicentennial coins.

AHA!!! It seems you answered a question I was going to post. I collect
circulated coins and could not for the life of me understand why going
through $400-$500 of quarters during the past six months, I couldn't find a
1975 quarter. After a review of my Blackbook price guide, I do see that
1975 did not produce a quarter, half and dollar. Thanks for giving me info
on what should have been obvious with a more thorough reading on my part. I
can quit pulling out my hair when going through my change now.

Thanks,
Joe

On Fri, 11 Feb 2005 03:37:55 +0000, Joe wrote:

The following years did not have U.S. coins minted:

penny-1815
nickel-1922, 1932-1933
dime-1922, 1932-1933
quarter-1922, 1931, 1933
half-1922, 1924-1926, 1930,1932
dollar-1905-1920, 1929-1933, 1936-1970, 1982-1998

Question #1: Do I have the years listed above correct and did I include
every year with no coins minted?

Question #2: Why were these coins in the specific years not minted? I know
that the 1815 penny was due to a metal shortage. I assume that is true for
the other coins as well. But what is the reasoning for the metal shortages?

Question #3: Is the reason for the dollar not being minted for so many
years due to the shortage of metal or is it due to people not accepting the
dollar for everyday transactions?

TIA,
Joe

On top of all the other answers, I believe the mint had a fire at start of
1816, late 1815, and in 1816 only Large Cents were minted, no silver.
Verify somewhere to be sure though.
--
DW

linxlvr wrote:
... I believe the mint had a fire at start of
1816, late 1815, and in 1816 only Large Cents were minted, no silver.
Verify somewhere to be sure though.

According to Donald Taxay in THE U.S. MINT AND COINAGE, the fire of
January 1816 destroyed the mill house and an adjoining structure. The
mill house was replaced, but apparently not the other building, or not
completely.

According to Walter Breen's COMPLETE ENCYCLOPEDIA OF U.S. AND COLONIAL
COINS, the fire broke out "less than 12 hours" after the January 10,
1816 delivery of 20,003 quarter dollar coins. The fire ruined the
rolling mills and blank cutters. No gold or silver coins were struck
until repairs were completed in 1817.

On Sat, 12 Feb 2005 16:23:56 -0800, Mike Marotta wrote:

linxlvr wrote:
... I believe the mint had a fire at start of
1816, late 1815, and in 1816 only Large Cents were minted, no silver.
Verify somewhere to be sure though.

According to Donald Taxay in THE U.S. MINT AND COINAGE, the fire of
January 1816 destroyed the mill house and an adjoining structure. The
mill house was replaced, but apparently not the other building, or not
completely.

According to Walter Breen's COMPLETE ENCYCLOPEDIA OF U.S. AND COLONIAL
COINS, the fire broke out "less than 12 hours" after the January 10,
1816 delivery of 20,003 quarter dollar coins. The fire ruined the
rolling mills and blank cutters. No gold or silver coins were struck
until repairs were completed in 1817.
Thank you Mike. I wa pretty sure I was remembering correctly. I know an
1816 Large Cent is actually a 'common date' large cent.
--
DW