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These are where you might find well struck 1921 Peace dollars....But hurry!

RogerBRogerB Posts: 8,852 ✭✭✭✭✭
edited December 31, 2017 9:59AM in U.S. Coin Forum

This is an excerpt from Treasury shipping records. It shows the distribution of 1921 Peace dollars for December 30. If you hurry, you might be able to pick up a bag or two. They might also qualify for "Frist Strike" or some other special label. :)

Most of the first day's production (the best detailed coins) likely went to just a few of the banks on the list.

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    BuffaloIronTailBuffaloIronTail Posts: 7,413 ✭✭✭✭✭

    WOW.....Chicago got $75,000. Half probably went to Capone.

    Pete

    "I tell them there's no problems.....only solutions" - John Lennon
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    Peace_dollar88Peace_dollar88 Posts: 1,220 ✭✭✭✭✭

    Wow. I would love to buy a bag of 21s.

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    1940coupe1940coupe Posts: 661 ✭✭✭✭

    I wish I had a time machine I would get a bag

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    BryceMBryceM Posts: 11,735 ✭✭✭✭✭

    Given a time machine, most of us would act like fools. Future rich fools, but fools.

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    RogerBRogerB Posts: 8,852 ✭✭✭✭✭
    edited January 1, 2018 9:12AM

    AllCoinsRule - Most of the coins came right back to storage in unopened bags. (Hope you enjoy the book!)

    Distribution was to FRBs who then sent them out to commercial banks. This is the rest of the table showing all 1921 Peace dollars sent out in early January 1922.

    Together, about half of the 1921 mintage was shipped out. (The "700,000" figure I posted was incorrect. 154,000 is right.)

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    JimnightJimnight Posts: 10,821 ✭✭✭✭✭

    This is all very interesting and leaves one open to speculation.

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    OverdateOverdate Posts: 6,939 ✭✭✭✭✭

    @1940coupe said:
    I wish I had a time machine I would get a bag

    Just be sure not to pay for it with Susan B. Anthony dollars.

    My Adolph A. Weinman signature :)

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    Timbuk3Timbuk3 Posts: 11,658 ✭✭✭✭✭

    I love story's like that !!! :)

    Timbuk3
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    toyz4geotoyz4geo Posts: 1,467 ✭✭✭✭✭

    @BryceM said:
    Given a time machine, most of us would act like fools. Future rich fools, but fools.

    Yup

    My War Nickels https://www.pcgs.com/setregistry/nickels/jefferson-nickels-specialty-sets/jefferson-nickels-fs-basic-war-set-circulation-strikes-1942-1945/publishedset/94452

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    mvs7mvs7 Posts: 1,661 ✭✭✭✭✭

    As usual, west coast gets screwed... ;)

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    ParadisefoundParadisefound Posts: 8,588 ✭✭✭✭✭

    Anything coming over the Pacific?

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    AUandAGAUandAG Posts: 24,539 ✭✭✭✭✭

    @mvs7 said:
    As usual, west coast gets screwed... ;)

    Yeah, got as far "west" as Kansas City I see.

    bob :(

    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
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    rickoricko Posts: 98,724 ✭✭✭✭✭

    @RogerB ...What is the handwritten word on both copies? Could not make it out.... Great information though...Not that it helps my search :D Cheers, RickO

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    hchcoinhchcoin Posts: 4,825 ✭✭✭✭✭

    I always open your threads B)

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    hchcoinhchcoin Posts: 4,825 ✭✭✭✭✭

    I always open your threads B)

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    RogerBRogerB Posts: 8,852 ✭✭✭✭✭

    @ricko said:
    @RogerB ...What is the handwritten word on both copies? Could not make it out.... Great information though...Not that it helps my search :D Cheers, RickO

    "Peace"

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    rickoricko Posts: 98,724 ✭✭✭✭✭

    Thank you Roger.... I should have been able to deduce that.... somehow it just did not register. Cheers, RickO

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    RogerBRogerB Posts: 8,852 ✭✭✭✭✭
    edited January 1, 2018 9:31AM

    Mint Director Ray Baker had some new dollars shipped to him in Reno, Nevada. He gave them to local friends. It was about a week later before any showed up on the west coast.

    FRBs had to order the coins, they were not shipped automatically. Shipping cost was paid by the FRB and this was passed through to local banks.

    "FRB" means a Federal Reserve Bank
    "F.R.Br.Bk." means a Federal Reserve Branch Bank, which was a facility under direct control of the regional FRB. Shipping to FR Branch Banks reduced handling and transfer expenses.

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    RogerBRogerB Posts: 8,852 ✭✭✭✭✭

    There are lots of notes and scribbles on documents that are not immediately obvious either for the word or its meaning.

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