Newbie question about total number of coins minted for any given year 0

[Mike Kleinsmith]

I understand that the mint produces a different amount of each coin, each year, and at each mint produces a different coin total for any given year. Then each mints total amount are added together to arrive at the total number of coins produce for that one year, but what I don't understand is how that number is held as accurate the following year, because even as new to this as I am I can clearly see the mint simply pulls the coins from every prior year and just stamps the next year over the last. It doest take a rocket scientist to figure out the whole reason behind the small/ large date on coins was to make this less noticeable.  So my question is why is there no deduction in coins produced for any year if the mint deducts from that very number and I'm sure starts doing do almost immediately and again im sure countinues doing so the entire year, in doing so wouldn't that drop that very number significantly, yet coin collectors stay true to that number as the year in which it was made up, I meant minted up without question. It just seems coin collecting for anyone just starting off like myself Is about as rigged as the federal reserve. 

[Coinbuf]

One tin foil hat coming right up!

[Sandon]

On 12/26/2022 at 6:15 PM, Mike Kleinsmith said:

I can clearly see the mint simply pulls the coins from every prior year and just stamps the next year over the last.

    This is incorrect.  Such an overstrike involving a coin with a different date, is extremely rare--usually one of a kind--and usually the result of shenanigans of mint employees who smuggled the older coin into the press room. The strike with the newer dies is generally in a different position, so the remnants of the date and other features from the original strike are on a different place than the date and other features from the sharper second strike. The dies impart the entire coinage design, not just the date!

   If you're referring to the 1960 cents with large over small date or small over large dates, this occurred when obverse coinage dies were prepared, probably by mistake, with blows from both the large date and small date hubs. (Hubs are dies that are taken from the master dies and used to create working coinage dies.)  This same sort of error led to the creation of the 1942, 2 over 1 dimes and the 1943, 3 over 2 nickels. These dies received blows from hubs of each year. Every coin made from such dies with a single strike features the different date sizes or overdates. To the best of my recollection, nothing of this sort has happened on U.S. coins since the years mentioned.

   I advise you to study how modern coins are manufactured before making suppositions of this sort. I recall that the U.S. mint has videos on this topic on its website, www.usmint.gov.  You may also wish to refer to websites such as error-ref.com, doubleddie.com and varietyvista.com.

   Please also note that this sort of inquiry is best posted on the "Newbie Coin Collecting Questions" forum. This forum is for matters pertaining to the NGC Registry.

Happy Holidays!

 

[Fenntucky Mike]

There is a lot to unravel here, @Sandon did a great job at attempting to correct the misconceptions of the OP. 

[GoldFinger1969]

On 12/26/2022 at 6:15 PM, Mike Kleinsmith said:

It just seems coin collecting for anyone just starting off like myself Is about as rigged as the federal reserve. 

This is a hobby, and the Fed controls the money supply. 

If you want rigged, join an off-shore oil crew. 

[RWB]

Each US Mint produces coins with the current year's date on them. When the next years rolls over, blank planchets are struck from new dies with the new date. Previous year-dated coins are never over-struck.

Total production at each mint is simply the number of planchets struck, minus defective coins. Because of the large quantity of new coins required each year, only dollars ad half dollars are passed through counting machines. The other denominations are put into large Tyvek bags, weighed in bulk and the quantity calculated based on the legal weight of a single coin. The Mint's scales are extremely accurate, so deviations are small.

Occasional date size variations occur when the master die for a year is changed and the detail is slightly different. 20th century overdates occur when a die, which used to require several blows from a hub to be complete, is accidentally  struck once or twice with a hub from the prior year.