Why did they not produce Buffalo Nickels at the Denver Mint in 1921 & 23?

elwood

?

Shamika

This is a case of regional supply and demand. No nickels were needed during these years, thus none were minted.

In fact, I've read where many freshly minted coins from the early 20's sat in bank vaults until the after the economic recovery of the 30's.

Conder101

The economic recovery of the 30's. ????

Actualy I believe the reason was the lack of demand cause by the post war recession comined with most of the mint production capacity being dedicated to the production of silver dollars in order to satify th terms of the Pitman Act.

291fifth

<< <i>The economic recovery of the 30's. ????

Actualy I believe the reason was the lack of demand cause by the post war recession comined with most of the mint production capacity being dedicated to the production of silver dollars in order to satify th terms of the Pitman Act. >>



Actually, there was a modest economic recovery in the mid-30's. It was followed by another downturn later in the 30's.

Shamika

<< <i>Actualy I believe the reason was... most of the mint production capacity being dedicated to the production of silver dollars in order to satify th terms of the Pitman Act. >>



This doesn't make sense. The number of Morgan dollars minted in 1921 and Peace dollars minted in 1922 and 23 at the Denver mint were a fraction of those minted in either Phily or San Fransisco.

Denver should have had the capacity to produce plenty of nickels. They simply were not needed.