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1969 mint set question

Dan50Dan50 Posts: 1,818 ✭✭✭
Question... The 1969 mint sets come in two types of envelopes.

One has 1969 at the bottom left corner.

The second has a blacked out 1968 below the 1969.

Anyone know, or have any information about why this is?

Does one offer a clue over the other, as to which would be the early or late mint set? image
Dan

Comments

  • cladkingcladking Posts: 28,750 ✭✭✭✭✭
    I've always believed the '68 envelopes were made first but don't really know. About 30%
    have the blacked out date. There's very little difference between the two except that un-
    toned halfs seem a little easier in the '69 envelope.

    Unless you're looking for something specific like a die variety or run of gems there's very
    little advantage to identify early strikes since they are no better on average than the later
    strikes. The '69 sets had a "5" order limit and most of these were sold in lots of five. Gems
    and the varieties tended to bunch up in certain areas because orders were filled by zip code.
    tempus fugit extra philosophiam.
  • I have 5 1969 mint sets and they all have the 1968 blacked out
    and the 1969 printed. The mint probably had a lot of left over 1968s.
  • Dan50Dan50 Posts: 1,818 ✭✭✭


    << <i> The '69 sets had a "5" order limit and most of these were sold in lots of five. Gems >>



    CladKing it's info like that I am interested in learning.

    If I'm going to be a good collector of the clad dimes, then I feel I need to know more small bits of info about my series.
    Do you know of any publications that might narrow down things like the zip code thing.
    Or anything that better informs someone about all mint sets from the clad years?

    Anything that teaches, and lets you understand your series better is always a blessing.
    image
    Dan
  • cladkingcladking Posts: 28,750 ✭✭✭✭✭
    There's not a lot I can add to it except that about 75% of the '69's were sold
    in lots of five and many of these were going to the same individuals who were
    skirting the ordering limits. Everyone in the household including the dog and
    the toaster got their five mint sets. There were very few collectors of any of the
    coins and many sets were sold simply because early delivery in those days us-
    ually meant windfall profits. There were, no doubt, some bought as long term
    speculation as well, but this couldn't have been too extensive since prices typ-
    ically dropped within a few years of issue. They were issued in heavy manilla
    envelopes through 1973 and then a strong lightweight box was used. There
    have been reports of 1970 mint sets in 1971 envelopes.

    There are a few nice '69 varieties with one of the best being a '69-D D/D dime.
    It is found in about 5% of sets.

    Trying to track down gems by zip code was effective only for specific coins and
    even then was not often highly effective. At any given time only a small percent-
    age of sets are available on the market. As they come onto the market a very
    high number of these are destroyed because these are the raw material of the
    modern markets. Since so few are on the market the odds of finding a run are
    somewhat reduced and over the years a smaller percentage of these sets are
    placed on the market by the original owner. For many coins the gems were made
    by several or many dies so the output would be widespread, but there are a few
    coins that most of the gems were made by a single or a couple dies and these
    are more possible to track down.
    tempus fugit extra philosophiam.

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