by Recyclersteve » Sun Oct 16, 2016 6:51 pm
Question #4: Thinking about U.S. coins (half cents thru dollars- not including gold coins, which should be in a different category) what was the only coin issued with a business strike (not proofs or specimen pieces but business strikes) mintage of 1,000 or less? Note that we are not including issues which are unique (i.e., 1870-S half dime). Not included are those which were believed to be created in an unauthorized manner (i.e., 1913 Liberty ("V") nickel where a rogue employee produced 5 coins). Those where the entire mintage was believed to have been melted down (i.e., 1873-S $1 coin) are not to be considered. Also, those where the mintage has been disputed (i.e., 1796 Draped Bust Half) are not potential answers to this question. Finally, one that had a similar problem such as those mentioned above where it didn't really circulate is not to be included. So think in terms of a coin issued somewhere between 1793 and now where there were only 1,000 or fewer business strikes and it was a real coin that actually circulated. The total number of different issues minted was over 1,000 so I don't expect you to know this one in your head.
ANSWER: 1885 three cent nickel with only 1,000 business strikes. Note that there were 3,790 proofs made that year so the business strikes are significantly harder to find and more valuable than the proofs.
Last edited by
Recyclersteve on Sun Oct 16, 2016 9:06 pm, edited 1 time in total.
Former stock broker w/ ~20 yrs. at one company. Spoke with 100k+ people and traded a lot (long, short, options, margin, extended hours, etc.).
NOTE: ANY stocks I discuss, no matter how compelling, carry risk- often
substantial. If not prepared to buy it multiple times in modest amounts without going overboard (assuming nothing really wrong with the company), you need to learn more about the market and managing risk. Also, please research covered calls (options) and selling short as well.