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2016-P Jefferson Nickels.
keets
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We have discussed the shortage of 2009 P&D Jefferson Nickels in the past and it now appears there may be a similar shortage of the 2016-P. We have been unable to get any of the "P" Mint coins from our usual supplier despite getting the "D" Mint coins early in the year.
I just called our supplier and they told me plainly that they have been unable to get any 2016-P coins and that there is a shortage. Can anyone confirm this and offer a reason??
Thanks in advance.
Al H.
I just called our supplier and they told me plainly that they have been unable to get any 2016-P coins and that there is a shortage. Can anyone confirm this and offer a reason??
Thanks in advance.
Al H.
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Comments
Usually the problem is that there are only a very few individuals or companies supplying the markets. If each of these companies is in an area that doesn't need new coin then there can be a severe "shortage" of coins for retailers.
Now days there are no doubt hundreds of boxes being sold every year. Back in the late-60's there were only a few thousand coins per year flowing into these markets.
There is no such thing as rare anything in the modern era coinage.
Can you sell me a roll or two of 1975 no-S dimes?
Many rolls of D's but not a single P.
----------- I'm in the midwest and haven't seen a 2016-P nickel.
Many rolls of D's but not a single P.
the prior post about them being "RARE" was sort of over the top, but you should be able to tell from the reply by mannie gray that there is either a lower mintage or some type of distribution problem also, references to the 2009 issues highlight a previous similar event which was later determined to be a distribution problem and lower mintage.
In 2009, only one person was selling these, he had a monopoly for about 3 weeks. Then a second Ebayer got them, and these 2 were the only sellers for another 6 weeks. Nobody had any 2009's during this 2 month period. The reason was, there was only a single distributor of these coins.