What happened in 1933 with the Washington quarter?...
razorface1027
Posts: 4,242 ✭✭
Why did they not mint a 33 quarter?
What is money, in reality, but dirty pieces of paper and metal upon which privilege is stamped?
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Joe.
I see I need to brush up on my typing speed.
Joe.
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Coin collecting is not a hobby, it's an obsession !
New Barber Purchases
production for current demand. The fed branches order coin based on the demand
from the regional and local banks it serves (I believe now days there are some large
"end users" who also order from the fed). Some fed districts tend to have a net inflow
of coin except in the strongest economies so these coins are transported to other dis-
tricts which have the typical outflow. Any shortfall is made up by the mint in new pro-
duction. They will not make up for very small shortfalls because their experience is
that the entire mintage will be hoarded by speculators and collectors so these are
made up from coins in storage which are rotated to use the oldest first*. The slow econ-
omy of the early '30's and deflation combined to make the mintage of all coins unnecessary
but this was particularly acute in the larger denominations.
*This rotation was not effective until 1972.
Furthermore, in 1931 only the San Fransisco mint produced nickels and very few at that.
with the Washington in particular, it was originally intended to be a one year commemorative and i guess the arguement could be made that it should be considered that. the SLQ was assumed to be the regular issue with a one year hiatus. with the onset of the Great Depression the rest is history.
al h.
Nation was Po.
Veep quoted his Dad who was born in 1933:
<<<<<<<<My Dad was born in '33 and always lamented that his birth year set was pretty small. >>>>>>
My thought on this...........sure it was pretty small so he has probably more than saved up enough $$$ towards his rightful 1933 Saint Gaudens????