Week #227 Somthing to think about this weekend

[Guest]

QUESTION:

 

Why did the issue prices for US Mint Uncirculated Sets fluctuate so much from 1947 through 1958?

 

Good Luck!

 

Our first place winner will receive an autographed copy of David W Lange's "The Complete Guide to Buffalo Nichels" third edition. There will also be a runner up prize given to a radomly selected player.

 

 

REMINDER: The Numisma-Quest ends

on Saturday at midnight EST. Entries after that time will not be valid. See the Trivia info post for more details.

 

When you post your answer, only the administrators an see it . Stop back this Monday. We will make all the posts visible and announce the winners.

[dan8402]

Changing of the silver content of coins included?

[gmarguli]

Price was based in relation to the face value of the coins in the sets and many denominations weren't minted at each mint every year?

[jtryka]

I will guess it was because of the number of coins included in the sets (i.e. some years with no SF issues etc.).

[zrlevin]

Varying numbers of coins?

[Allan Ong]

I'm guessing it has to do with the availability of metals... Then again, I could be out in left field with this answer.

[reid1836]

some sets included coins from the San Francisco mint which increased the face value for the sets while other sets did not included S mint coins . Hence a lesser face value for these sets.

[mark]

Because the face value of the coins included fluctuated as different mints produced different coins in different years.

 

Mark

[MunkyMan95]

The price of silver went up?

[mhardin2413]

the volatility in metals prices caused by the expansion of hte post war economy,

[cuttill-migration]

The issue price varied because the face value of the coins in the sets varied greatly among the different years.

[bit1work]

The face value of coins in the set in each year is different. For example, the 1956 set has $2.64 face value in the set and sold for $3.34. On the other hand, the 1951 set has a face value of $5.46 and sold for $6.75.

[rons]

I think that the reason the prices varied, altho not wildly, was due to demand and preorders??

[bulldogger-migration]

Baby Boomers were being born and many of those sets were bought to commemorate their births.

[Guest]

QUESTION:

Why did the issue prices for US Mint Uncirculated Sets fluctuate so much from 1947 through 1958?

 

ANSWER:

 

They were based on how many coins were included in a particular year's set.

 

Congratulations to our lst place winner gmarguli you have won an autographed copy of David W. Lange's "The Complete Guide to Buffalo Nickels, 3rd Edition"

 

 

Congratulations to our runner up winner reid1836 you will be receiving a display box.

 

Thanks for playing this weeks Numisma-Quest. Dont forget to stop by for this weeks PMG quest

[Scavenger]

I believe it's already been answered - they needed the copper to make shell casings.

[reid1836]

Thank you Linda !!!!!!