An interesting observation on mint distribution.
Here it is in October, and coins dated 2008 are scarce around here. I have seen exactly 4 dimes, all P mint. I've seen about a dozen Cents, with only one so far being D minted. Nickels are the scarcest, in that I've only seen 2 so far! Oddly, they were both from Denver. But the Quarters-those are in rotation. Somewhat. The Oklahoma is fairly common, and Arizona is the most common 2008 Quarter, although they have all been P mint so far. I've gotten probably about 25 of them in change already. (not to mention my uncirculated roll I got from the bank). I have even gotten one Alaska already, yesterday! New Mexico is not a common sight, however, I've only got three and none of them were good enough to put into my album. I have not gotten a Presidential dollar in change since Washington. I havn't been to the stamp machine lately though, either!
I have not seen any paper money newer then 2006.
I think it's odd that it's this far into the year and most 2008 coins are pretty scarce-I've found half as many wheat cents as 2008s in circulation this year! Especially true because I am not all that far north of New York City, in Dutchess County. Many people work in NYC but live here, and NY is a major financial hub-you'd think that money would be changing hands fairly quickly and being brought home by the workers....but nope!
I know we've had this kind of topic before-is anyone else still seeing a lack of current coins in your neck of the woods?
I think it's odd that it's this far into the year and most 2008 coins are pretty scarce-I've found half as many wheat cents as 2008s in circulation this year! Especially true because I am not all that far north of New York City, in Dutchess County. Many people work in NYC but live here, and NY is a major financial hub-you'd think that money would be changing hands fairly quickly and being brought home by the workers....but nope!
I know we've had this kind of topic before-is anyone else still seeing a lack of current coins in your neck of the woods?
Billy Kingsley ANA R-3146356 Cardboard History // Numismatic History
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The recycled coins get wrapped up and sold to merchants for their cash registers. The companies supplying the merchants therefore do not need to order as many new coins from the Federal Reserve.
Look at the mintage figures for 1929-1933 and see what happened then.
TD
<< <i> run them through Coinstar and pay the idiot tax, etc.
TD >>
Idiot tax is right on. We're lucky in this area to have Commerce bank. They have counting machines in every bank that are free. You don't even need to have an account there.
Edited to say:
I STILL see people dumping change into Coinstar machines in the supermarket which is right around the corner from Commerce!
My icon IS my coin. It is a gem 1949 FBL Franklin.
Mostly D mint marks.. some P since we have a lot of commerce here. I check the coinstar machine at the market.. never find anything.
Cheers, RickO
TD
The name is LEE!
"Inspiration exists, but it has to find you working" Pablo Picasso
<< <i>I get a lot of 2008 coins here in Seattle... Cents, Nickels, Dimes and Quarters... Only a couple of Prezzie dollars in change.. no 2008's.
Mostly D mint marks.. some P since we have a lot of commerce here. I check the coinstar machine at the market.. never find anything.
Cheers, RickO >>
Rick and I have had this conversation before but I too am in Seattle and have not seen many 2008 coins until recently. Cents and quarters I see commonly now. I have seen seven 2008 dimes and have yet to see a 2008 nickel. I've seen a few 2008 dollars as well.
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Other than quarters and dollars, I have seen very, very few 2008 coins.
I saw more 2008 Canadian coins circulating in Canada than I see USA ones here in Massachusetts.