"wide rim" 1979 SBA
1907Quarter
Posts: 2,770
does anyone know how many of this rarer 1979 type were minted?
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Comments
Breen says about 160 million, or about 45% of the mintage, but I think that's highly unlikely given that they bring a significant premium even in typical condition. If they were that common the price support wouldn't be there.
My wild guess, based on my experience searching raw coins and trying to guess at how much cherry-picking has gone on (the variety has been known for quite a while), would be something like 5% of the mintage. Emphasis on wild guess.
Like many things surrounding the series, it's very under-researched. If you're looking for a book project, the SBA would make a good subject!
Go BIG or GO HOME. ©Bill
I know several dealers that don't know the variety and you can still cherrypick it from them.
The Lincoln cent store:
http://www.lincolncent.com
My numismatic art work:
http://www.cdaughtrey.com
USAF veteran, 1986-1996 :: support our troops - the American way.
coppercoins, great photo! Do you have a narrow rim for comparison?
And for anyone... if you're looking for one of these, "Near Date" is a more descriptive term and better for attribution. You want to look at the distance of the bottom of the date to the inside of the 11-sided rim.
"Wide Rim" is deceptive because the width of the rim shifts around with normal striking variation.
The Susan B. Anthony Dollar
Back on topic, I see you're listing a 45% mintage figure too. What do you think of the accuracy of that based on your experience?
not have used a good sample but we came up with 4%. If Breen's numbers
are right then the mint is still sitting on more than 90% of them and they claim
all SBA's were issued at one time except for 9,000,000. These should have
been mostly 1980's.
The Lincoln cent store:
http://www.lincolncent.com
My numismatic art work:
http://www.cdaughtrey.com
USAF veteran, 1986-1996 :: support our troops - the American way.
We'll use our hands and hearts and if we must we'll use our heads.
The Lincoln cent store:
http://www.lincolncent.com
My numismatic art work:
http://www.cdaughtrey.com
USAF veteran, 1986-1996 :: support our troops - the American way.
If there are 160 million I don't know where they are. I searched thousands of 1979P's from both the 2,000 coin bags and 100 coin bags as well as mint sets and the special 3 coin sets. I found about 10 total in all the bags I searched. I now have 2 in 3 coin sets and have never found one in a regular mint set. I have probably found another 10 from circulation/post office machines. Very seldom do you see rolls of them for sale, and then in limited quantity. My experience is that they represent less then 1%. If they were hoarded, the person is holding pretty tight despite a good market to sell into.
1907Quarter: Nice Icon, I found it in my searches in a 2,000 coin bag. It is attributed as a "Copper Wash" error by PCGS.
I don't think I've searched for these as much as others have to really be able to say with authority if the mintage figure is accurate or not. They did seem to become much more common as the Mint's stash dwindled.
United States Small Size Dollars and Related Items
The '79 near date does not appear in regular 1979 mint sets or regular souvenir sets.
It does however appear in the three piece SBA souvenir set. It is quite scarce in this
set, however.
For those who are interested, last night, I put a nice uncirculated roll of the Wide Rim/Near Date SBAs on eBay. All the coins have a good strike and nice fat, crispy, and bight red rims. Here is the link for that auction. I recently picked this roll up from a local dealer. Two weeks ago, I sold my last personal roll on eBay to a board member.
Rampage.
Richard.