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What's the reason for low mintage on 14D Lincoln?

1Mike11Mike1 Posts: 4,427 ✭✭✭✭✭
in U.S. Coin Forum
Were they having problems at the mint? Did they have a shutdown? No access to dies? I looked for a reason but couldn't find any info as to why such a low mintage.
"May the silver waves that bear you heavenward be filled with love’s whisperings"

"A dog breaks your heart only one time and that is when they pass on". Unknown

Comments

  • JustacommemanJustacommeman Posts: 22,852 ✭✭✭✭✭


    << <i>Were the having problems at the mint? Did they have a shutdown? No access to dies? I looked for a reason but couldn't find any info as to why such a low mintage. >>



    Could it have been as simple as they made 16 million in Denver the year before? Other then that that, no clue.................MJ
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • CaptHenwayCaptHenway Posts: 32,753 ✭✭✭✭✭


    << <i>

    << <i>Were the having problems at the mint? Did they have a shutdown? No access to dies? I looked for a reason but couldn't find any info as to why such a low mintage. >>



    Could it have been as simple as they made 16 million in Denver the year before? Other then that that, no clue.................MJ >>



    Exactly! Back then the Mints struck to demand. They had earlier coins left over and/or the demand was low, so they did not strike many.
    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • PerryHallPerryHall Posts: 46,859 ✭✭✭✭✭


    << <i>

    << <i>

    << <i>Were the having problems at the mint? Did they have a shutdown? No access to dies? I looked for a reason but couldn't find any info as to why such a low mintage. >>



    Could it have been as simple as they made 16 million in Denver the year before? Other then that that, no clue.................MJ >>



    Exactly! Back then the Mints struck to demand. They had earlier coins left over and/or the demand was low, so they did not strike many. >>



    Tom nailed it. There was a sufficient number of cents in circulation on the west coast so the need for new cents was minimal. Same for the low mintage of the 1950-D nickel among other examples. In some cases the mint didn't even bother to mint any examples of a particular denomination since there was a sufficient supply of that denomination---as an example, the mint didn't need to mint any quarters in the depression years of 1931 and 1933.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • lkeigwinlkeigwin Posts: 16,893 ✭✭✭✭✭
    I agree. And what is notable is that this was under the radar. Virtually all went into circulation.
    Lance.
    Coin Photography Services / Everyman Registry set / BHNC #213
  • PerryHallPerryHall Posts: 46,859 ✭✭✭✭✭


    << <i>I agree. And what is notable is that this was under the radar. Virtually all went into circulation.
    Lance. >>



    Excellent point---that's why the average grade of the 1914-D cent is fairly low. Many later coins with low mintages were quickly recognized as such and they were immediately pulled out of circulation resulting in fairly high average grades--- the 1931-S cent and 1950-D nickel come to mind as examples.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • 1Mike11Mike1 Posts: 4,427 ✭✭✭✭✭
    Is it the same case with the 22D Lincoln?
    "May the silver waves that bear you heavenward be filled with love’s whisperings"

    "A dog breaks your heart only one time and that is when they pass on". Unknown
  • OverdateOverdate Posts: 7,159 ✭✭✭✭✭


    << <i>Is it the same case with the 22D Lincoln? >>


    I can't understand why they struck 1922-D cents at all, especially since no nickels, dimes, quarters or halves were made that year. All three mints were busy striking silver dollars, most of which went into storage for decades.

    1922 was the only year that no cents were made in Philadelphia.

    My Adolph A. Weinman signature :)

  • WaterSportWaterSport Posts: 6,920 ✭✭✭✭✭
    I want to challenge the old school about about the mints being busy with peace dollars vs mintage of 1922 D cents. fact is, there were still 1917 cents in the vaults due to a recession. The number of dies delivered/ shipped for 1922 D cents were suffienct to produce the average number of cents per die mintaged verses the old story that insuffient dies were shipped and the dies were worked beyond capacity because not enough were shipped. I am at FUN now and do not have access to my research but can shed more info if any one cares. Don't mean to hijack the thread but yes I agreed the 1914 D was minted in enough numbers for the times.

    WS
    Proud recipient of the coveted PCGS Forum "You Suck" Award Thursday July 19, 2007 11:33 PM and December 30th, 2011 at 8:50 PM.
  • PerryHallPerryHall Posts: 46,859 ✭✭✭✭✭


    << <i>1922 was the only year that no cents were made in Philadelphia. >>



    You may want to qualify this statement to say "Lincoln cents" since there are no 1815 cents.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • 1Mike11Mike1 Posts: 4,427 ✭✭✭✭✭


    << <i>I want to challenge the old school about about the mints being busy with peace dollars vs mintage of 1922 D cents. fact is, there were still 1917 cents in the vaults due to a recession. The number of dies delivered/ shipped for 1922 D cents were suffienct to produce the average number of cents per die mintaged verses the old story that insuffient dies were shipped and the dies were worked beyond capacity because not enough were shipped. I am at FUN now and do not have access to my research but can shed more info if any one cares. Don't mean to hijack the thread but yes I agreed the 1914 D was minted in enough numbers for the times.

    WS >>


    All input is welcome
    "May the silver waves that bear you heavenward be filled with love’s whisperings"

    "A dog breaks your heart only one time and that is when they pass on". Unknown
  • OverdateOverdate Posts: 7,159 ✭✭✭✭✭
    << there were still 1917 cents in the vaults due to a recession. >>

    Which brings me back to my question: Why were 1922-D cents minted at all?

    My Adolph A. Weinman signature :)

  • richbeatrichbeat Posts: 2,288 ✭


    << <i><< there were still 1917 cents in the vaults due to a recession. >>

    Which brings me back to my question: Why were 1922-D cents minted at all? >>




    We may never know. Not even David Lange could find a reason ("The Complete Guide To Lincoln Cents"). image
  • PerryHallPerryHall Posts: 46,859 ✭✭✭✭✭


    << <i><< there were still 1917 cents in the vaults due to a recession. >>

    Which brings me back to my question: Why were 1922-D cents minted at all? >>



    I read somewhere that the mint was known to have struck unneeded coins when things were slow and there was a supply of planchets on hand just to keep mint employees busy. They knew that there would eventually be a time in the near future when those cents would be needed in commerce.

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • keetskeets Posts: 25,351 ✭✭✭✭✭
    for an even better 20th Century explanation of "struck on demand" look no further than the years 1930-1934.
  • dengadenga Posts: 922 ✭✭✭


    << <i>

    << <i>Is it the same case with the 22D Lincoln? >>


    I can't understand why they struck 1922-D cents at all, especially since no nickels, dimes, quarters or halves were made that year. All three mints were busy striking silver dollars, most of which went into storage for decades.

    1922 was the only year that no cents were made in Philadelphia. >>



    A second date needs to be added – 1823; none was struck that year either. Cents were struck in 1815, however.
  • 1Mike11Mike1 Posts: 4,427 ✭✭✭✭✭


    << <i>for an even better 20th Century explanation of "struck on demand" look no further than the years 1930-1934. >>


    Do you think the low demand was caused by the depression or over production in previous years?
    "May the silver waves that bear you heavenward be filled with love’s whisperings"

    "A dog breaks your heart only one time and that is when they pass on". Unknown

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