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Interesting Information

Posted: Sat Jan 18, 2020 5:40 am
by PacificWR
Ran across a couple of very interesting letters from the Director of The Mint while working on my 1900-S die study. One letter deals with mintage of the 1878 8TF Morgan Dollar and the other deals with the mintage of the 1894-S dime and 1895-P Morgan Dollar. Note mintage figures.

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Re: Interesting Information

Posted: Sat Jan 18, 2020 5:44 am
by CascadeChris
Um, wow. I've never seen that 12880 number for 1895 in contemporaneous print before :shock:

Re: Interesting Information

Posted: Sat Jan 18, 2020 5:53 am
by PacificWR
First time I have seen a letter from the Director of the Mint stating the 1895-P mintage......five years later.

Re: Interesting Information

Posted: Sat Jan 18, 2020 12:12 pm
by DHalladay
Wow.
125 years after the events took place, documentation about things that generations of coin collectors have guessed and speculated about are being answered. Awesome!

Re: Interesting Information

Posted: Sat Jan 18, 2020 3:36 pm
by PacificWR
It's like taking a walk back in time.

Re: Interesting Information

Posted: Sat Jan 18, 2020 3:40 pm
by collectinsince65
Interesting post Wayne.
How does the number compare to the Redbook stated mintage for 1895 $'s?

Re: Interesting Information

Posted: Sat Jan 18, 2020 3:58 pm
by ashmore86
I am going by memory but I think it was 12000 business strikes and 880 proofs. And the entire lot of business strikes were melted leaving only the proof coinage.

I know this has been wishfully disputed but the entirety of the remaining coons appears to be from 4 pairs of dies.

JR might be able to add some pertinent info.

Re: Interesting Information

Posted: Sat Jan 18, 2020 4:07 pm
by PacificWR
collectinsince65 wrote:
Sat Jan 18, 2020 3:40 pm
Interesting post Wayne.
How does the number compare to the Redbook stated mintage for 1895 $'s?
The Redbook states the mintage at 880 proofs. No mention of the 12,000 business strikes. This letter(and there are others) proves without a doubt there were 12,000 business strikes and still around in 1900. So the question is...what happen and when.

Re: Interesting Information

Posted: Sat Jan 18, 2020 4:19 pm
by PacificWR
ashmore86 wrote:
Sat Jan 18, 2020 3:58 pm
I am going by memory but I think it was 12000 business strikes and 880 proofs. And the entire lot of business strikes were melted leaving only the proof coinage.

I know this has been wishfully disputed but the entirety of the remaining coons appears to be from 4 pairs of dies.

JR might be able to add some pertinent info.
The 4 die pairs is the info I have. However, this should not be to hard to prove.

Re: Interesting Information

Posted: Sat Jan 18, 2020 5:44 pm
by messydesk
I'll add the 8TF letter to my presentation correcting the mintage. Of course my estimate of 1,280,000 is just as high as the 750,000 Red Book estimate is low compared with the mint's retrospective estimate.

Re: Interesting Information

Posted: Sat Jan 18, 2020 5:46 pm
by messydesk
And this is exactly the kind of stuff I was trying to entice people into finding in the short presentation about the NNP at VAM Thing XVII.

Re: Interesting Information

Posted: Sat Jan 18, 2020 6:40 pm
by RogerB
Correct mintage, with lots of supporting documentation, was published in Coin World, 2006. The extended title is:

"- RESEARCH UPDATE -
KING OF MORGAN DOLLARS REVISITED
by
Roger W. Burdette
Copyright 2006, 2018 by Roger W. Burdette. All rights reserved.
Additional research sheds light on production of the fabled 1895 Morgan silver dollar."

The article includes production, seignorage, Annual Assay and other information that had been "overlooked" in previous publications. I am surprised, and to be completely honest somewhat perturbed, that anyone collecting Morgan dollars would not know the correct circulation and proof coin mintage for 1895-P. But, I guess new numismatic information has to filter through the fissures.

:)

Re: Interesting Information

Posted: Sun Jan 19, 2020 1:45 am
by ljs123
Thank you Wayne.
I enjoyed reading this post and replies.

Re: Interesting Information

Posted: Sun Jan 19, 2020 2:13 pm
by RogerB
A Side Note - The Mint Bureau presscopy volume containing the two letters posted above is 1,400 pages, has no index or table of contents, and consists of miscellaneous letters sent to correspondents. It took 2 days to digitize and prepare for NNP. This, and hundreds of other volumes, have never been available for open examination.

A presscopy page is extremely thin - much like tracing paper. A sheet of white paper is placed behind each page during photography to prevent bleed-through of text.

(The binding is very tight and obscures some of the text.)

Anyone interested in the detail can send me a private message.

Re: Interesting Information

Posted: Sun Jan 19, 2020 7:52 pm
by PacificWR
ljs123 wrote:
Sun Jan 19, 2020 1:45 am
Thank you Wayne.
I enjoyed reading this post and replies.
Really neat information. It's like taking a walk back in time.

Re: Interesting Information

Posted: Mon Jan 20, 2020 3:32 am
by PacificWR
messydesk wrote:
Sat Jan 18, 2020 5:44 pm
I'll add the 8TF letter to my presentation correcting the mintage. Of course my estimate of 1,280,000 is just as high as the 750,000 Red Book estimate is low compared with the mint's retrospective estimate.
Sounds good.