U.S. Mint Produces 405.2 Million Coins for Circulation in August

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The U.S. Mint produced 405.2 million coins in August, with 150.8 million of them quarters

Coin production at the United States Mint accelerated in August for the second straight month, though the total output stayed under 1 billion coins for the twelfth consecutive month after previously surpassing that mark for eight months in a row.

In August, the U.S. Mint produced 405.2 million coins for circulation, consisting solely of cents and quarters. This reflects a 72.3% increase compared to the previous month but a 60.7% decrease from August 2023. For the fourth time this year, and the second consecutive month, the Mint did not report any production of nickels or dimes.

Here’s how the month compares to others in the past year:

August 2023 to August 2024 Circulating Coin Production

Month Mintages Rank
August 2024 405.20 M 7
July 2024 235.20 M 11
June 2024 168.22 M 12
May 2024 396.08 M 8
April 2024 368.20 M 10
March 2024 332.70 M 9
February 2024 644.86 M 3
January 2024 755.98 M 2
December 2023 151.80 M 13
November 2023 604.409 M 4
October 2023 501.911 M 6
September 2023 546.03 M 5
August 2023 1,030.38 M 1

 

The primary mission of the U.S. Mint is to manufacture coins in response to public demand. The Mint produces, sells, and subsequently delivers circulating coins to Federal Reserve Banks and their coin terminals to support their services to commercial banks and other financial institutions.

Even though it costs the Mint 3.07 cents to make and distribute each 1-cent coin, the Federal Reserve always orders more of them than any other denomination. In August, the Mint produced 254.4 million Lincoln cents, representing 62.8% of all circulating-quality coins minted for the month, marking a 210.2% increase from July’s total.

Meanwhile, quarter production edged up by 0.5% compared to the prior month.

Mintages of Native American Dollars and Kennedy Halves

The U.S. Mint also strikes other coins in circulating quality, namely half dollars and dollars. Native American $1 coins are no longer ordered by the Federal Reserve, but they are still made in circulating quality for coin collectors. The same was true for Kennedy half dollars until recently — years 2021, 2022, and 2023.

Usually, in January, the U.S. Mint produces both denominations to the expected amounts needed for the entire year. Nonetheless, this has not been the case for Kennedy halves in each of the three prior years, as the Federal Reserve unexpectedly ordered millions more for circulation — roughly 12 million, 7 million, and 18 million in fiscal years 2021, 2022, and 2023.

It has not been disclosed whether any 2024 Kennedy half dollars have been produced for general circulation, although it is likely. Half dollar production figures changed in January (+5.7 million), March (+ 1.9 million), April (+2.6 million), May (+3.2 million), June (+4.9 million), and July (+3.2 million), with the latest results showing 9.9 million coins from Philadelphia and 11.6 million from Denver, totaling 21.5 million. These figures compare to production runs in 2023 totaling 27.8 million from Denver and 30.2 million from Philadelphia, amounting to 58 million coins — the highest since 1983, when it reached 66.6 million.

Unlike the usual practice, the mintages of the Native American dollar were adjusted in February instead of being completed in January. This change was prompted by the absence of reported minting activity for the dollar in Denver throughout January. Since February, the total dollar mintage has remained at 2.24 million coins, with 1.12 million each from Denver and Philadelphia, matching the 2023 total.

On Jan. 29, the U.S. Mint started selling Denver- and Philadelphia-minted rolls, bags, and boxes of 2024 Native American dollars. On April 23, the bureau started offering rolls and bags of circulating 2024 Kennedy halves.

This next table shows 2024 circulating coin mintages by production facility, denomination, and design.

U.S. Mint Circulating Coin Production in August 2024

Denver Philadelphia Total
Lincoln Cent 87,200,000 167,200,000 254,400,000
Jefferson Nickel 0 0 0
Roosevelt Dime 0 0 0
Quarters 53,800,000 97,000,000 150,800,000
Kennedy Half-Dollar 0 0 0
Native American $1 Coin 0 0 0
Total 141,000,000 264,200,000 405,200,000

 

In the overall production totals for August, the Denver Mint produced 141 million coins, while the Philadelphia Mint produced 264.2 million coins, resulting in the combined total of 405.2 million coins.

YTD Totals

Year-to-date, the Denver Mint has struck 1,642,200,000 coins, and the Philadelphia Mint has made 1,664,240,000 coins, bringing the total to 3,306,440,000 coins — the weakest eighth-month start since CoinNews began reporting on monthly production figures in 2011. This is 65.5% fewer than the 9,577,520,000 coins manufactured during the same period in 2023.

If the current production pace were to continue through December, the annual mintage for 2024 would reach 4.96 billion coins. In comparison, the U.S. Mint manufactured over 11.38 billion coins for circulation in 2023, marking the lowest output since 2012.

This next table lists coin production totals by denomination and by U.S. Mint facility:

YTD 2024 Circulating Coin Production by Denomination

1 ¢ 5 ¢ 10 ¢ 25 ¢ 50 ¢ N.A. $1 Total:
Denver 867.6M 32.88M 138M 591M 11.6M 1.12M 1642.2M
Philadelphia 902M 36.72M 92.5M 622M 9.9M 1.12M 1664.24M
Total 1769.6M 69.6M 230.5M 1213M 21.5M 2.24M 3306.44M

 

2024 Quarter Mintages

In addition to the 2024 Native American dollar with its one-year-only design, the U.S. Mint has also released the first three of five issues for 2024 from their four-year program of American Women Quarters™. These three coins represent the 11th through 13th releases in the series, each featuring a unique design.

The Rev. Dr. Pauli Murray quarter, the first quarter design for this year, began circulating on Jan. 2. On Feb. 1, the Mint made rolls and bags of the quarter available for purchase by the public. First reported in March figures and unchanged since, a total of 354.2 million Murray quarters were minted, with 185.8 million coming from Denver and 168.4 million from Philadelphia.

Patsy Takemoto Mink quarters entered circulation on March 25, and on March 28, the U.S. Mint began selling rolls and bags of them to the public. The latest figures show Patsy Takemoto Mink quarter mintages at 187.2 million from Denver and 210.2 million from Philadelphia, for a combined 397.4 million.

Dr. Mary Edwards Walker quarters entered circulation on June 3, and on June 17, the U.S. Mint started selling rolls and bags of them to the public. The latest figures show Dr. Mary Edwards quarter mintages at 159.4 million from Denver and 141.2 million from Philadelphia, for a combined 300.6 million. This marks the lowest mintage total for any quarter in the series to date. In terms of production by facility across the series, both the 2024-P and the 2024-D also rank as the scarcest.

Of the total production year to date, 160.8 million quarters have not yet been officially assigned a design by the U.S. Mint. This represents a portion of Celia Cruz quarters, with more still to be minted. Celia Cruz quarters entered circulation on Aug. 5, with U.S. Mint rolls and bags of them offered to the public on Aug. 7.

2024 Circulating Coin Production by Design

This last table offers a breakdown of this year’s mintages that have been reported by coin design, including the first three quarters:

Denver Philadelphia Total
Lincoln Cent 867,600,000 902,000,000 1,769,600,000
Jefferson Nickel 32,880,000 36,720,000 69,600,000
Roosevelt Dime 138,000,000 92,500,000 230,500,000
Rev. Dr. Pauli Murray Quarter 185,800,000 168,400,000 354,200,000
Patsy Takemoto Mink Quarter 187,200,000 210,200,000 397,400,000
Dr. Mary Edwards Walker Quarter 159,400,000 141,200,000 300,600,000
Celia Cruz Quarter
Zitkala-Ša Quarter (expected release on Oct. 28)
Kennedy Half-Dollar 11,600,000 9,900,000 21,500,000
Native American $1 Coin 1,120,000 1,120,000 2,240,000
Total 1,583,600,000 1,562,040,000 3,145,640,000

 

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Kaiser Wilhelm

“The primary mission of the U.S. Mint is to manufacture coins in response to public demand.”

Oops. I suppose that means we collectors can never make the claim “We’re #1”.

Sam-I-am

Kaiser, you are 100% correct. The Mint’s primary focus has always been, and will always be, making circulating coinage. Everything else comes a distant 2nd place.

Kaiser Wilhelm

Sam-I-am,

Thanks for seconding that. As for the Mint’s further or additional priorities, unless I am sorely mistaken the production of its huge numbers of bullion coinage also appears to pre-empt that of numismatic items in the Mint’s repertoire.

Antonio

Especially when minting coins which will never enter circulation, Innovation Dollars, Kennedy Half Dollars, Native American dollars, mint and proof sets, etc. I guess the bullion coins count in that category also, as well as the Morgan and Peace Silver Dollars. The Mint’s primary purpose is to turn a profit. It’s the govmint afterall. 🙂

Kaiser Wilhelm

Antonio,

You’ve got those production priorities down to a T with the possible exception of including the bullion coins. I am given to understand they are in their own special category and as such take precedence over all of the Mint’s other output except of course for whatever numbers of circulation coinage are requested by the Federal Reserve.

Last edited 1 month ago by Kaiser Wilhelm
Kaiser Wilhelm

Antonio,

“The Mint’s primary purpose is to turn a profit.”

Which is in fact rather ironic considering every other part of the government runs entirely on taxpayer money, i.e., at a total loss.

Antonio

It seems those who make money should make money. 😀

Kaiser Wilhelm

Wanna bet all of those AI Dollar Coin Rolls going for face value and which were almost instantaneously whisked off the Mint’s Greatest Sale of This Or Any Other Century Site yesterday thanks to Big Boy vacuum scoopers have already been broken up into singles and are now being sold by various and assorted secondary sources at those sellers’ typically usurious prices?

John Q. Coinage

Absolutely Kaiser, every time someone sucks up like a Plecostemus to algae…… MEZAK suck em up brah

Kaiser Wilhelm

Magic Mike as the aquarium bottom feeder, John Q. Coinage; I love it! A fabulous analogy, and with lots of potential for expansion (just like all those coin and dollar sucking mouths) to the other assorted greedy eaters…er, I mean resellers as well.

Kaiser Wilhelm

Why not crank out hundreds of millions more of the most expensive to mint as compared to face value coins, aka cents, so that all of those hungry coin jars and starving sidewalks all across America can be fed?

Sam-I-am

Kaiser,

I take my excess zinc/plated cents, paint them white for contrast, then use them for .22 rifle targets. Where else can I find aa challenging target that only costs 1 cent each?

Kaiser Wilhelm

Sam-I-am,

That’s certainly very cost-effective and demonstrably enterprising; good for you!

My useless cents meet a decidely less dramatic but equally final fate; they get fed to my wife’s seemingly endless supply of identical plastic piggy banks.

c_q

I’m not sure I understand the need for so gosh darn many cents – they made 25x as many cents as nickels so far this year – that implies strongly that nickels are circulating just fine, but cents are just vanishing. Interestingly the quarter production is not far behind cents. when you make change you don’t need to give out more than 4 cents, 1 nickel, 2 dimes and/or 3 quarters, so that should roughly be the ratio that stores need on hand to make change. and a few decades ago, that is more or less what the mint produced.… Read more »

Kaiser Wilhelm

c_q,

You make a lot of pertinent points, not the least of which is the extreme over-abundance of the most useless piece of coinage in America, the one cent piece.

As regards the quarter and its use in vending machines, almost nothing can be bought for less than at least a dollar these days so if anything the use of dollar coins could easily supplant the increasingly worth-less (not worthless) quarter.

Sam-I-am

Kaiser, it seems the US Mint and US Congress tried that before (replacing the quarter with $1 coins), and the results were underwhelming at best. The coin vending industry doesn’t much want to accept $1 coins, as they would have to modify their machines. Without machines to use them in, the American public will never accept the $1 coins. Remember the Billion or so Presidential $’s in Gov’t warehouses?

Kaiser Wilhelm

Sam-I-am,

As long as lobbyists with their carpetbags overflowing with election funds are able to influence whatever legislation is derived from their efforts on Capitol Hill it is precisely the likes of the vending machine industry rather than the American people with their votes and tax dollars that will determine issues like, for example, which denominations of circulating coinage will be produced, distributed and employed in our nation’s commerce.

John Q. Coinage

Most vending machines I encounter accept dollars, as does Metro public trans….. mining industry keeps penny and nickel around. 0ld pal Cag claimed it was economically impossible to eliminate the cent as it would destroy Federal Budget, I never got that position, but he and a few funky ones like one the 10th and 1z AGE were worth buying yeah right Gumby

Kaiser Wilhelm

John Q. Coinage, It seems that it isn’t only the zinc producing states who provide the lobbying responsible for keeping the one cent piece in existence since this effort is also pursued with an apparent vengeance by a little-known manufacturer called Artazn in Tennessee that makes all the penny blanks for the Mint for upwards of 60 million dollars a year (source: New York Times Magazine). With all due respect and no offense to Cag, many nations have now eliminated their lowest denomination coins without any discernable damage being done to their overall economic well-being. In the particular case of… Read more »

Rick

Lest we forget that the Mint has a vested interest. The Government/Mint won’t let go of those precious 1C and the job security behind them. The Government does not fire anybody, nor do they eat their own. It must grow larger in their twisted, wreckless minds. Franklin must be rolling around in his grave.

Kaiser Wilhelm

Well, there is that, Rick. However, if various European socialist governments can and have closed down entire state mints and sent everybody home then why would it not be possible for our exceedingly more capitalistic system to cull the ranks just a bit?

Rick

Not a bad idea Kaiser, cull away! Let them start with the top dog.

Kaiser Wilhelm

Thanks, Rick, most especially so since my ostensibly radical idea will likely meet an awful lot of bureaucratic resistance it will undoubtedly require a far more than comparably vigorous groundswell of support. Cull ’em if you got ’em!

East Coast Guru

Interesting!!! I think Russia is just poking our nose. They can’t afford to be spread out on two fronts. Maybe after Russia takes back the Donbass and Poland, Hungary, Belarus, Romania, Moldavia and Slovakia split up the rest of Ukraine. Or if Russia takes back all of Ukraine then they can focus on Alaska. Until then, I think it is just a lot of talk.

Kaiser Wilhelm

East Coast Guru,

I didn’t like the Russians when I lived behind the Iron Curtain and I don’t care for their imperialistic shenanigans now. Hopefully with our support and that of the rest of NATO the Russky effort will soon collapse and Putin’s own people will deal with him.

Kaiser Wilhelm

East Coast Guru,

Some further thoughts regarding Russia’s recent posturing. Poland, Romania and Moldavia know from their own Cold War/Iron Curtain history that if they don’t continue to help Ukraine stand up to the Russians there is a good chance they will be among the next victims. Belarus is but a lapdog to Putin and knows it will exist in its present form only as long as he does. Hungary and Slovakia are currently controlled by neo-fascists who ironically feel kinship with Putin and Russia and are throwing in their lot with that kleptocratic autocracy. And so it goes.

AKBob

E1, thx, the Russians are always poking us in the nose ! I think it’s time we make them pay, in both blood and treasure, take out those planes, subs and ships!! the more crap we take from them the more crap they’ll try and pull! They are nothing more than bullies, so, when I was a kid, I went to 18 different schools, 3 of those 18 schools I went to twice. I only finished 10th grade! So I was always the new kid and the bullies would try their crap on me! I never let them, I always… Read more »

Kaiser Wilhelm

AKBob,

My Austrian maternal grandfather fought as an Austro-Hungarian Dragoon (horse mounted infantry) against the Russians in WWI, was captured on the Eastern Front and sent to Siberia for five years. He escaped from the POW camp in 1923 and made his way back to Vienna via the Trans-Siberian Railroad. These are the kinds of family histories one tends to never forget.

E 1

AKBob, I enjoyed your post. My dad served in the Army and the Air Force. He didn’t want my brother or I to serve. He said he served enough for the whole family, along with my mother’s three brothers. They all enlisted and served in Korea together. . When I was young, my dad would take us to West Point in the summers and usually on a Sunday evening to hear the West Point Marching Band out on the ceremonial lawn right down on the Hudson River. We walked around the West Point Campus several times. I remember a sign… Read more »

Kaiser Wilhelm

E 1,

My dad was a U.S.Army man for close to forty years from WWII until the late 1970’s, and an intensely patriotic one at that. However, as with your father, when 1966 rolled around and both my younger brother and I got our draft notices with the Vietnam War ramping up, he didn’t want his sons coming home in bodybags either.

Kaiser Wilhelm

AKBob,

From having years of up close and personal experience with Russians – then still known as Soviets – I can attest to the validity of your opinion of them; you’re right on the money in regard to their propensity for malicious intent and activity. They are indeed committed to bullying and they prefer doing that to people and nations who they feel aren’t able or equipped to resist their ongoing unnecessarily aggressive demeanor and unceasingly hostile actions.

Kaiser Wilhelm

AKBob, I was just having some further thoughts about your fascinating, apparently not always happy family history. In my case it was my mother who was my abuser, both physically and emotionally. She regretted the fact she ever had kids and for whatever reason I had the extremely dubious pleasure of being the lightning rod, the one at the receiving end of all of her constant frustration, frequent anger and systematic outbursts of rage. I wonder how many people regularly got lashed with a belt and beaten with a broomstick while doing their homework; yep, you read that right. My… Read more »

Kaiser Wilhelm

E 1,

I call these “doomsday weapons” because if they were ever to be used to their fullest intended effect that’s all she wrote for life as we know and love it on earth.

John Q. Coinage

Yeah WW3……. They are mad Seward ripped the off

Kaiser Wilhelm

John Q. Coinage, E 1, AKBob and East Coast Guru,

I believe we can be assured that if there ever is a WWIII there will be no further wars of any kind because there will be no one left on earth to fight them. Unlike WWI, which was once called “The War To End All Wars” and obviously wasn’t, this theoretical third one will on the other hand be precisely that.

Kaiser Wilhelm

E 1,

The problem with these billion dollar advanced stealth bombers is that they don’t fit in well at all when it comes to the type of warfare today which consists primarily of street to street fighting.

Antonio

To quote a certain 90+ year old actor, “Make my day.”

Tony@GA

Guys – there might be some real wisdom in buying this years uncirculated set….

Just sayin……

Kaiser Wilhelm

Tony@GA,

Are we possibly referring to this year’s almost non-existent Nickels being in there?

Tony@GA

Indeed we are sir Kaiser!

Indeed!!

Kaiser Wilhelm

Tony@GA,

I was fairly certain we were both thinking along those very lines, my friend!

Rick

I’m wondering at what point was it established that 20 million or so D-nickels, or 20 million or so P-nickels were considered scarce or rare?

Kaiser Wilhelm

Rick,

I’m not sure it’s so much a matter of scarcity or rarity but the somewhat unexpected happenstance that the Mint, for whatever reason, has apparently decided to call it quits with making nickels this year. In other words, it’s change, and not the kind one drops in the jar or the piggy bank.

Rick

Thanks Kaiser,
I was duped, and even contributed to the hype in 2009 in a similar circumstance. Not this time for me, and to each his own!..

Kaiser Wilhelm

You’re welcome, Rick. Rest assured I’m not disagreeing with you in regard to the relativity of what is scarce and what isn’t, but clearly perception seems to make an over-sized contribution to that viewpoint. And not only that but hope, especially since we as a community of collectors have been consistently disappointed by what we have for so long now wanted to think of as “our Mint” and instead finding ourselves kicked to the side whenever there had been even a hint of something good coin-wise for us coming down the numismatic pike.

John Q. Coinage

Whenever I think I got the USM they kill your profit. No doubt 50m made inhe last quarter of 24. BTW how many folk cafe abiut collecting nickels these daze, seriously Over time no real legs

Kaiser Wilhelm

John Q Coinage,

Quite honestly, I see no way for us to cut down on our seemingly guaranteed disappointments than to substantially and consistently lower our personal expectations when it comes to what we can expect the Mint to send in our direction.

E 1

Off topic, but may be of interest to all of you PC power users. Pictured below is the Nvida Blackwell B200 Super Chip. This is what all of the AI whoopla is all about. It is a 1024-bit machine. Compare that to your smokin hot 64-bit Intel desktop. This is a quantum computer. It consists of two processors in parallel. A CPU and a GPU running together in sync. This is a phenomenal technology breakthrough. A mind-blowing game changer for the world of high-end computation and the PC market. You can buy one of these computers already built up from… Read more »

Nvida_Super_Chip-Copy
E 1

I used AI Copilot to rewrite my post above. CoPilot accesses a remote AI CPU/GPU over the internet to do this task. “Displayed is the Nvidia Blackwell B200 Super Chip, the centerpiece of the AI excitement. It’s a 1024-bit machine, a stark contrast to the standard 64-bit Intel desktop. This device is a quantum computer, featuring dual processors—a CPU and a GPU—operating in tandem. This represents an extraordinary leap in technology, reshaping the landscape of high-end computing and the PC industry. Available for purchase from Super Micro, these computers are priced at approximately $200,000 each. In the near future, AI… Read more »

Nvida_Super_Chip-Copy
John Q. Coinage

I play Parcheese on my Commodore 64

Tony@GA

Don’t’ leave out the Vic 20

E 1

My first, the Atari 20, then the IBM XT 80286 w/20MB HD. It took us 40 years to commercially go from 8bits to 64 bits (4 steps). Today, in just a couple of years, we went from 64bits to 1024bits while skipping three steps. Incredible.

Kaiser Wilhelm

E 1,

And someday the curious will wander through a Technology of the Past exhibit in their local science museum and marvel at how incredibly primitive our antique computers look to them. I can hear them now, “How did those poor people ever get by?”

Kaiser Wilhelm

E 1, Tony@GA, John Q. Coinage,

You guys must also have started with dial-up. Wasn’t that a hoot!

Kaiser Wilhelm

E 1, “It’s a 1024-bit machine, a stark contrast to the standard 64-bit Intel desktop. This device is a quantum computer, featuring dual processors—a CPU and a GPU—operating in tandem.” Actually, this is a simulated “quantum computer” since it still operates with bits as opposed to a quantum computer’s use of qbits. No matter how many bits this Nvidia has they each can still only represent 1 or 0; a quantum computer operates with qbits that have the unique ability through the employment of superposition to represent not just 1 or 0 but 1 and 0 simultaneously, and that is what… Read more »

Last edited 1 month ago by Kaiser Wilhelm
E 1

Kaiser,

Yes, true dat.

The performance benchmarks between a quantum computer that processes qbits of light and Nvidia’s Blackwell B200 that processes bits of electrons are on par with each other. They perform at or near the same level. Additionally, the Blackwell B200 employs computational algorithms that are similar to or simulating of a quantum computer. Thus, using terms such as “Quantum Computer” and “Quantum Computing” can be categorical and applicable when making performance comparisons between a conventional computer and a quantum computer that now share similar performance.

Kaiser Wilhelm

E 1,

Thank you for clarifying that; much appreciated. Now I understand that the comparison being made was one of the quality of the overall performance rather than one of the utilization of particular components. As the old saying around here goes, “Light dawns on Marblehead.”

Rick

I prefer the person doing the writing.
Copilot/AI is helpful, but to a point. Just try selling something on eBay to describe your item. I usually delete 90% of the AI gobbledygook when doing so.
Without adding in one’s unique writing mannerisms you’re left with a digital, clinical rendering in getting your point across with just a few keywords. When I see AI used in compositions I see zero personality coming across. Useful, yes. Just not all of the time.

Kaiser Wilhelm

Rick,

I can certainly appreciate your observations regarding the use of AI in lieu of human written composition and I agree with your opinion of it. I fastiduously avoid any employment of such artificial devices as I prefer the distinctly human touch. I am fully aware that I have no control over inbound versions of this application; that being said, I will nevertheless content myself with adhering to my principles and standards at my own end.

Rick

Well then, it is settled. You may remain, and at your leisure to be Linguistically Lavish Mr Wilhelm!

Kaiser Wilhelm

Rick, your amply artistic application of attention assimilating alliteration is arguably to be aptly and ardently admired!

Kaiser Wilhelm

E 1,

Upon doing some more research on quantum (qubit) versus classical (bit) computers I’ve learned that the former are not meant to be faster than the latter. In fact, classical computers will always be able to perform the majority of standard calculations as fast as if not faster than quantum computers. The one advantage that quantum computers will likely ever display is in performing very specific algorithmic calculations with the need for far fewer steps than classical computers require for the identical computations.

Kaiser Wilhelm

E 1,

I forgot to thank you for having the patience to come back with your explanation. It was reading same that made me realize I needed to get myself better educated in the field of advanced classical computing.

Kaiser Wilhelm

Message to Kaiser self: Don’t be so frickin’ pedantic; nobody likes that!

Kaiser Wilhelm

E 1,

Why is it that every time I read “AI Copilot” my mind tells me it sees “Al Capone”?

AKBob

E1,

that’s some really interesting information! Thank you for sharing this. Automation, is going to be the future! What will happen to mankind in the event of 100% automation? :{

Sam-I-am

E 1, AKBob, I find the possibilities both exciting and dangerous. Any powerful tool can be used for good or ill purpose; sadly, I’m afraid too many will opt for the latter. AKBob, I expect that routine industrial jobs will eventually be entirely automated; what humans will do for gainful work then, I cannot begin to imagine. Given that’s the type of work I’ve done most of my life, I’ll be sad to see it go. E 1, I find it more than a little frightening how close to your own words your CoPilot AI program came. Writing is going… Read more »

E 1

Sam,

The next time you write something here, high-lite your finished text and place the mouse pointer over the highlighted text. Then wait for “Copilot” to pop up. Then give it a try. If you like the results, then click on “Replace.”

Kaiser Wilhelm

E 1,

AI and I haven’t been able to come to any agreement yet. PC after PC and one operating system after another I seem to let those particular programs just remain idling in the wings.

John Q. Coinage

Watch Collasus The Forbin Project, idea stolen for The Termin8tor

Kaiser Wilhelm

John Q. Coinage,

Being a huge movie buff myself and having paid serious and rapt attention to all things film for close to seventy years, I can appreciate it when someone raises the awareness of an interesting detail such as the one you just brought up; great movie detective work!

By the way, I’ve always thought it was both funny and peculiar that it was for whatever reason deemed necessary to give that movie two names; either part of it would have sufficed.

download
Kaiser Wilhelm

The titular character in this film was played by a German actor who was required to adopt an American-sounding stage name in order for him to be able to play the part. It’s amazing how much submersion of the sizeable German minority and its culture has occurred here in the United States thanks to all of the unpopularity engendered by Germany’s involvement in WWI and WWII.

Craig

Sam-I-Am,

My preference would be for AI to replace all of those government workers first. Think how much we can save there and get better results. AI is the future, but it’s still only in the ‘first inning’ so don’t expect any drastic upheavals in your life.

Kaiser Wilhelm

Craig,

That’s kind of a waste of AI, since how would you know the difference?

Kaiser Wilhelm

Sam-I-am,

Robots are currently programmed to do everything from menial and repetitive to exacting and precise work. For them to decide to supplant humans as the ones who initiate their programs isn’t yet around the corner.

Sam-I-am

Kaiser, I’m more concerned that humans are going to be the ones to instigate their own replacement. Too many of us are intellectually (& physically) too lazy for our own good. Witness the fact that many of today’s students can’t do basic arithmetic (add, subtract, multiply, divide) without a calculator. I had a co-worker who was astounded to watch me do long division by hand. Of course many can’t read cursive handwriting, either. I despair for the future of humanity, not from an exterior force, but rotting from within. Remember the Roman Empire.

Kaiser Wilhelm

Sam-I-am, If it’s any consolation there hasn’t been a civilization in human history that over time didn’t either change dramatically, became totally unrecognizable or completely vanish from the face of the earth. The old saying that the only constant is change holds as true for humankind as it does for anything else. We have no guarantee that we won’t go the way of the dinosaurs; in fact, regardless of what we do or don’t do as a planetary society you can bet we aren’t going to be around a fraction as long as those ancient creatures were. As to what… Read more »

E 1

AKBob, I don’t think 100% automation will ever occur in society. But, a lot of jobs will go away in industry. However, I see the demand for programmers to be a continual bottomless pit. Additionally, AI programming tools will make it easier to write code as compared to writing procedural line by line syntax from scratch. So, more people will be able to program more easily in the future. The same can be said for writers. Consequently, a robot cannot fix a car or an airplane. A robot cannot pick fruit from a tree and a robot cannot build a… Read more »

Kaiser Wilhelm

Further, a robot cannot paint a masterpiece, compose an original piece of music, write memorable poetry or an unforgettable novel. Robots are perfect for such routine and repetitive chores such as assembly line work; they have no aptitude whatsoever for unprogrammed arts or sciences

Kaiser Wilhelm

E 1,

I’m glad you held the reality of what robots can currently do up to the light. We don’t want people freaking out thinking Cylons are about to victimize them.

BSG_-_Cylon_Centurion_2004_series
Antonio

Pure copper nickel.

Kaiser Wilhelm

AKBob, I am, perhaps somewhat uncharacteristically, going to tilt to the optimistic in this regard. Automation, I believe, will free us humans to focus our time and energy on pursuits other than the humdrum repetiitive tasks we have for so long been assigned, subjected, restricted and thereby confined to. I would say that fully half of the work I did for a living over my entire working career could have been performed by an at least somewhat sophisticated robot and as such would have freed me from decades of unrelenting drudgery. It’s coming far too late to do me any… Read more »

Kaiser Wilhelm

AKBob,

Only in novels, movies and tv do computers assume human characteristics. In the rest of the world they tell you to run your credit card across the touch pad.

Craig

You’re preaching to the choir.I’ve been heavily invested in NVDA for years now and can’t wait for the Blackwell GPU to be fully implemented. Personally, I don’t expect to see these being available for home use, as they require liquid cooling for optimal efficiency and the $30-$40k cost of a Blackwell chip is a bit of a problem for most. You’ve got to be a really serious gamer to spend that kind of money.Really serious! I don’t put much credence in opinions concerning time lines for change of cultural norms. Will our society be ‘almost fully automated’ in 10 years?… Read more »

Kaiser Wilhelm

E 1,

The IBM Q System One quantum computer. You have to start somewhere.

hPHbkQEbkRFNnkGNRMBF9P
E 1

Kaiser,

I would like to see it run in the dark.

Here is how it looks with its clothes on.

IBM_Quantum_S-1-Copy
Kaiser Wilhelm

E 1,

While it looks far more elegant and mysterious fully dressed, I have to admit I rather preferred viewing it in its “birthday suit”.

Kaiser Wilhelm

Craig,

Some people invested in hula hoops, pet rocks and Beanie Babies. You on the other hand were clearly able to see a lot further down the line. Congrats on that!

Kaiser Wilhelm

Craig,

I would surmise that the answer to the question of how far automation will have gone in the future will be closely linked to where each of earth’s many societies is located on the measuring tape of all-around advancement.

Kaiser Wilhelm

E 1,

I know we’re not supposed to worry since a computer can’t do anything except what we explicitly tell it to do, but those beady eyes make me suspicious regardless.

AKBob

ALL, I have noticed that since Major D said he was “done”, we haven’t heard hide nor hare from Him :(. I thot he was just saying it to say it, not really meaning it literally!! It would not only be sad but Major D is a major contributor on this site and it would be ashamed to lose Him! I hope He reconsiders it. I know the feeling, I too, back in 2013, the Mint really miffed me and I stopped my purchases from them and I stopped posting on MNB (Mint News Blog). I still read MNB but… Read more »

John Q. Coinage

I fired the mint but enjoy rattling cages and dissing their BS

DAVESWFL

Except for the uncirculated set, I second that emotion!

Kaiser Wilhelm

Motown forever!

D9119AE8-95DA-4EE8-8671-B89C2271EDAD
DaveSWFL

I wondered if anyone would pick up on that!

Kaiser Wilhelm

DaveSWFL,

Picking up on things is one of my favorite pastimes. Never let it be said I let a good reference, however obvious or obscure, go to waste.

Kaiser Wilhelm

John Q. Coinage,

Big huzzah for how you put that! A brilliantly evocative way of expressing your aim.

Rick

AKBob,
Interestingly enough I also left the blog in 2013 for 10 years! Not over the Mint or anything, just got really busy with work. I still bought random bullion here and there, and once in a great while check the blog. Late 2023 I came back.
Major D is on a walkabout, good for the soul!
PS: Congratulations on your CC Gold!

Kaiser Wilhelm

Rick,

Damn good thing you came back; it really wouldn’t be the same without you!

Kaiser Wilhelm

AKBob,

When people have said this in the past, some meant it and stuck to it, others relented and came back no questions asked. I’m sure we all would like Major D to make a swift return, and when and/or if he decides it is time he will reappear. Voila’.

E 1

The 1997-D 100% Zinc Lincoln Cent arrived today. I would say this one is real. Lots of detail. Looks almost like a 1943 Steelie. Might be a good time to buy a scale. This one is most likely off to NGC. Any comments?

IMG_0886-Copy
Kaiser Wilhelm

E 1,

My “comment” is actually a question. I have to admit to not being familiar with this iteration of the 1997-D Lincoln Cent; is this a documented Mint error? Thanks.

E 1

Kaiser,

These copper-less pennies do exist, but in very small numbers. I will have to check PCGS/NGC for any possible populations.

E 1

OK, I’m convinced at this point it’s real. Looks like someone did a scratch and dig test already. All I need is a scale. Any buy recommendations for a good numismatic scale?

IMG_0890-Copy
Kaiser Wilhelm

E 1,

Well, you most definitely are a more enterprising man than I am, Gunga Din. I wouldn’t have taken it this far, much less been ready to spring for a precision scale to boot. Again, good luck to you and hopefully it’s one of the few real ones.

E 1

Thank you Kaiser.

Gunga Din. Yes, I will have to remember that one.

Kaiser Wilhelm

You’re most welcome, E 1. As to the immortal character of Gunga Din, I’m sure he has served well in many a literary campaign since the one he initially achieved his fame in courtesy of the highly estimable Rudyard Kipling.

Rick

A guess, 1.6 grams….

E 1

Rick,

What brand of scale do you have? I have seen one in one of your photos before.

Hopefully, 2.46 grams.

Rick

E1, for some reason, I had 2.1 grams in my head for the weight of the post ’82’s. Since they are 2.5g I’m revising my guess as to the weight by the same .5g deduction. I’ll go with a weight of 2 grams, probably still on the light side. Is 2.46g a weight that’s been established when missing its copper plating? If so then I stand corrected! Please school me… My scale is a small cheap China scale from eBay ($15-20) and very reliable. I’ve weighed Gold Eagles and Spouse coins from the Mint OGP and it’s spot on. My… Read more »

Rick

Like I said, small and cheap, but good enough for my novice needs!

IMG_20240604_1358106853
Kaiser Wilhelm

Rick,

As the old saying goes, “If it works, don’t fix [or replace] it”.

Kaiser Wilhelm

Rick and E 1,

If you two had carried your discussion of accurate scales and gram weights any longer or further I would have been inclined to step forward and caution you in that very regard since for all we know the DEA has an ever-watchful algorithmic monitor in place to alert them to precisely this sort of continuing online communication.

Kaiser Wilhelm

Rick,

I find the mutual saber rattling between the US and China to be both counterintuitive and counterproductive. After all, we depend on them for billions upon billions of dollars in exports and investments and they depend on us for billions upon billions of dollars in purchases and raw materials; how would we even get along without each other?

Kaiser Wilhelm

Thanks, E 1. I just wanted to know what this even was as I had never heard of or encountered it before. Best of luck with whatever happens next!

DaveSWFL

I’d take it o the LCS (PNG member preferred) and ask them to scan it and weigh it. I’ll bet it’ll cause a little commotion amongst the employees! They’ll probably be as excited as you are. They should have TOP quality scales and scanners. If you do this, be certain to speak to the owner only (probably the only PNG member in the shop). He will be less likely to mishandle the coin. Also, do not let them take it out of your sight. I would want a professional opinion before sending it to be graded. I would pay to… Read more »

E 1

DaveSWFL,

Thank you for your feedback. I have an LCS here in town that I trust. After I get it weighed, I will try to take it to him for processing. I am also curious if the etch test done on the rim by someone else might place the coin in the damaged category.

Thanks

Kaiser Wilhelm

E 1 and DaveSWFL,

I would imagine that one can’t help but encounter a most unfortunate potentially hazardous “Catch-22” type situation regarding any testing of possibly valuable coinage which of necessity and purely in the interest of accuracy requires at the very least a minor intrusion into the physical integrity of the coin itself.

Last edited 1 month ago by Kaiser Wilhelm
Rick

Agreed Kaiser,
E1,
That rim mark looks to be very minor(to me)and will have no problem being authenticated & genuine(with a grade). Unless there’s something on the surface like a deep scratch/gouge. Looks plenty real to me, value? Without looking a similar one up, hard to say. Good luck E, cool Mint error!

Last edited 1 month ago by Rick
Kaiser Wilhelm

Rick and E 1,

I believe there’s an element of mystery to this that makes for a unique sense of excitement that might otherwise be missing if all the facts were in plain view on the table. Can’t wait to see how it turns out!

Kaiser Wilhelm

It wasn’t all that long ago I thought that Silver would never make it over the $25 an ounce mark and now look at it scurrying up into the $30s; will wonders never cease!

Gold on the other hand being a story unto itself just keeps steadily gaining in value while Palladium, its old former contender for the top spot makes a u-turn south every time it appears to begain a recovery.

DaveSWFL

I think palladium bottomed on the one day wash out at the beginning of August and the chart looks very good. Probably the result of the dramatic drop off of interest in EVs both by the consumer but most especially by the auto manufacturers. Palladium may spend a long time continuing rangebound , especially if we get a recession, but the next new car cycle will rejuvenate pricing.
The people have spoken on EVs and the government will have to adjust. They have their place, but will not replace the ICE vehicles for a long, long time, IMO.

Kaiser Wilhelm

DaveSWFL,

My best guess is that the original groundswell of interest in EVs preceded the evolution of more efficient batteries and logistially practical re-charging stations. A step or two backwards in EV sales was to be expected once these possibly unforeseen shortcomings made themselves known and felt throughout the automotive industry. Consequently, if palladium does remain a one trick pony it won’t all that soon be getting anywhere close again to the value it had once risen to.

Kaiser Wilhelm

Not “logistially”. Instead, “logistically”.

Mark In Florida

The government could solve the cent shortage easily by announcing that for 30 days they would pay 2¢ for each cent coin. 40 years of zinc cents would come out of jars, piggy banks, etc., for the chance to DOUBLE YOUR MONEY! And the Mint would save 33% of the cost of making billions of cents.

Kaiser Wilhelm

Mark In Florida, I hate to be the one to point out the hole in this theory, but I guess I’m elected. Under the above proposed scenario, once everyone got their “doubling of value” from the government in exchange for all of their hoarded cents, the Federal Reserve would subsequently put all those bonus-redeemed pennies back into general circulation. Then, you guessed it, the exactly identical thing would happen once again, which is to say those very same cents would go right back into the jars and piggy banks they had come out of for the government’s “great payoff”. The… Read more »

DAVESWFL

All they have to do is quit making pennies. Either make correct change or round to the nearest nickel. Savings for EVERYONE! This is such a no brainer. But the geniuses in DC will never see the light

Kaiser Wilhelm

DAVESWFL,

I agree 100%. Unfortunately, it takes “geniuses” to elect and re-elect “geniuses”, so this is a classic case of “We have met the enemy and he is us.

Sam-I-am

Kaiser, “said PorkyPine to Pogo”. Walt Kelly is still missed. I had to explain this one to a boss I had about 10 years ago. He was a perfect example of the Peter Principle. The company fired him before I retired, so I guess I got my amused revenge!

Kaiser Wilhelm

Sam-I-am,

What has impressed and astonished me since I first came across that expression is that it wasn’t uttered by the likes of Julius Caesar.

Mark In Florida

Even if they go back into jars, the government just saved 1¢ on not making billions more for 3¢ each.

Kaiser Wilhelm

Mark In Florida,

True, but the end result will once again be no cents in circulation.

Back to the future.

OIP
Bryan New

I haven’t seen a single 2024 nickel in circulation yet this year.

DaveSWFL

I have ONE ! Received in change at the local thrift shop. Put it in an airtite holder.
You just gotta know someone leaked the low mintage info early and the guys at Brinks, String, etc got most of them. Bleed em out slow to keep the price up until demand drops and the hype subsides.
BTW, the nickels were the best struck coins in my uncirculated set.

Craig

Dave,

Did you really put the nickel in a airtite holder? What is the world coming to if we’re craving circulating new nickels. I’m blaming Magic Mike with his constant repetitiveness of the word ‘rare’ when discussing his coin offerings. We now think something made in the millions is rare. Oh well, on the bright side, if you can sell it for 10c you’ll double your money!

DaveSWFL

I did it because many of my newer coins have been toning lately and I wanted to have a pristine example. Down the road it just may get blended in with spending money, but who knows? I used those Mickey Mantle rookie cards to stick in the spokes of my new bicycle back in the day! Just sayin……….

East Coast Guru

I put Mickey Mantles baseball card in my bike spokes too. Although it wasn’t his rookie card. I think it was his last or close to last Topps baseball card. Good times , cool sounds.

Kaiser Wilhelm

East Coast Guru,

I suppose your consolation is that those cool sounds were not of quite as much of a fortune getting ground into card shards.

Craig

I did the same thing with the cards when I was a kid. Who knew people decades later would pay small fortunes for what we held in our little hands! But we had a blast riding bikes with that sound the cards made. Are you getting toning on your older nickels? I recently opened a $25 bag of Westward Journey nickels to put into rolls and they were pristine in appearance.

Rick

Craig,
Did you really put the Westward Journey nickels into rolls? What is the world coming to if we’re craving circulation quality Westward nickels!?
¯⁠\⁠_⁠(⁠ツ⁠)⁠_⁠/⁠¯

Kaiser Wilhelm

Rick and Craig,

One of the aspects of your discussions I like best is that I can practice my best Las Vegas main event style “And in this corner…” 😉

Last edited 1 month ago by Kaiser Wilhelm
Craig

Rick,

I put them into rolls to take to the bank. Why in hells name I ever bought those bags from the mint is another story. As they say, ‘live and learn’.

Kaiser Wilhelm

Craig,

As humans, we tend to have to learn and learn and learn until we eventually get just close enough to thinking we know.

Kaiser Wilhelm

Craig,

I can think of a whole room full of assorted collectables that back then warranted but a moments’ interest and would now be worth good money. The coulda, shoulda, wouldas of life.

Kaiser Wilhelm

Good point, DaveSWFL, and a big oy vey on those rumpled rookie cards!

CaliSkier

Craig, check out EBay, the 2024 D Nickels are going for $3.50 – $5.00+/nickel a pop! $50 or more per roll! Just saying…

E 1

2024 P&D Jeffersons still in the mint set blister.

https://www.ebay.com/itm/166958127202

Kaiser Wilhelm

E 1,

If this is what they’re going for on ebay, I won’t even begin to try to imagine how much some of the more egregiously usurious usual suspects on etsy must be selling them for. After all, those folks seem to be the only resellers who can Out-Magic the one and only Magic Mike himself, except for maybe Littleton aka America’s highest priced coin company. Hooahhh!

Craig

Kaiser,

I think the pricing is genius, $12.93 makes it appear a lot of thought went into the pricing. After all, they could be $12 or $13 but no, they’re $12.93. If I buy a pair of the nickels, do they come with the cherished ‘Red Oak Box’?

E 1

Craig,

I’ve been down this road before with the 2009 BU Dimes and Nickels. I purchased a number of bank wrapped rolls in 2009 and sent the best ones off to NGC, only to get all MS-64\65s. Bank rolls and mint bags are notorious for scratched up marginal coins. Mint wrapped rolls are a little better. The Mint Sets yield the highest-grade business struck coins possible. I have a number of 2009 Mint Sets and the nickels and dimes are close to MS-66/67. I should have sent those in instead.

Kaiser Wilhelm

E 1,

Once more we validate the expression “you get what you pay for.”

E 1
Kaiser Wilhelm

Craig,

As a big softie I would likely have approved that elite form of packaging for these nickels, but I know from Rick’s thoughts on the subject that he would be inclined to put the kibosh on these numismatic lightweights occupying such exquisite housing.

Craig

CaliSkier, I don’t doubt you about that fact, but I will say it just verifies my belief that residents of this country are financially illiterate. I remember when the beanie baby craze was going around with people paying big money for a figure filled with beans. Now I know there are still some rare bb’s that they are asking big money for (I’m just not the one to buy them) but how many folks lost on that fad. And to be honest CaliSkier, I can’t get excited about making $45/roll, there are more ways to make much bigger profits that… Read more »

Kaiser Wilhelm

Craig,

Just an observation from the peanut gallery, but the completely inane and totally counterproductive inclination and movement to deprive school libraries of books that don’t meet the content standards of the great unlearned might just indicate that financial isn’t the only type of illiteracy rampant in our nation.

Craig

Kaiser,

I couldn’t agree more with your assessment of things, brother. But I wonder just how many students use the school library these days, or any library for that matter. BTW Kaiser, curses on you for your Spartans defeating the Terrapins this year! Lol

Kaiser Wilhelm

Craig, And I in turn agree with your well-reasoned supposition that library usage, school or public, is quite likely at an all-time low these days. I’m afraid that the ready availability of any number of easily persuasive distractions has resulted in the rather unfortunate establishment of a vast coterie of not sufficiently literate citizens who as a consequence lack all too much of the social sophistication and intellectual discernment required to adequately comprehend and successfully manage both the benefits and the challenges of our modern high-tech society. As for the Spartans, please! They arrived at Boston College with a chance… Read more »

Craig

Kaiser,

Well stated, as usual. I’ve enjoyed a few tech games over the years, but they never supplanted my love of reading. Besides, no one is going to ever pay me to play games.
I was trying to make you feel good about your Spartans, as they have a schedule coming up which is going to be ‘testing’ to the extreme. Ohio, Oregon, Michigan, and Illinois..Oh my! I forgot that Bubba Smith attended Michigan State. I remember watching him play in Memorial Stadium with Johnny Unitas and the Baltimore Colts, all long since gone. Those were the days!

Kaiser Wilhelm

Craig, Thank you for those kind and generous words. I too, by the way, never let my enjoyment of athletics (I was a shotputter in high school, too small for college) get in the way of my voracious reading and research habits. The library, and by that I mean any library, was in a very real sense my home away from home. You’re so right about the Spartans; were they a better team this year (which they aren’t) their schedule would still be a real test for them. Those years of essentially guaranteed double digit leads by halftime are these… Read more »

Last edited 1 month ago by Kaiser Wilhelm
Kaiser Wilhelm

.

AARP_Fall_1140x655
Kaiser Wilhelm

Well, yes, CaliSkier, that is so Ebay, land of dreams and promises.

Kaiser Wilhelm

Craig, Tsk tsk, is it really so necessary to accidentally reminisce about Mary Poppins in one of her shall we say less restrained moments and emulate her by proclaiming not only that “The party is over!” but in this case more or less modifying it to “This party never got started!” I’m entirely kidding of course, my friend, but the sad reality is that with us having so little to feel good about regarding coins coming from the US Mint these days it might brighten our moods and lift our spirits to at least “mini-celebrate” those increasingly rare occasions when… Read more »

Last edited 1 month ago by Kaiser Wilhelm
Kaiser Wilhelm

DaveSWFL,

Clearly you can consider yourself one of the lucky few; congratulations, my friend!

Kaiser Wilhelm

Bryan New,

I think it’s safe to assume you’re in lots of good company in that particular regard.

VinnieC

That was weird. The US Mint website put me into a waiting room this morning.

Rick

I had encountered that briefly when the L&B went on sale, but the other three purchases from the mint since then, no waiting room…
Maybe people are still stuck in there waiting for their 30% off dollar rolls lol..

Kaiser Wilhelm

Rick and VinnieC,

I’m going full tilt boogie with Rick’s “Maybe people are still stuck in there waiting for their 30% off dollar rolls…”

Absolutely perfect!

Kaiser Wilhelm

VinnieC,

Could the Mint’s all-seeing website have discerned you were in need of a “time-out”?

Rick

Get your 2024 Flowing Hair Silver Medal on 10/15, buy 5 of them & make the USM happy!…

https://catalog.usmint.gov/230th-
anniversary-flowing-hair-silver-medal-24YH.html?cgid=2024-product-schedule

Last edited 1 month ago by Rick
Rick
Tony@GA

No mintage
Limits yet – however rumor is from the big boy buyers that it will be 75k mintage limit. Rumor only.

I am not a buyer if mintage is high but love the classic design.

Kaiser Wilhelm

Tony@GA,

Is this a tried, trusted and true rumor or an “urban rumor”. Just checking!

Tony@GA

Urban at this point BUT if it does end up being 75k then I’ve got a reliable insider voice – we shall see

Kaiser Wilhelm

Aha, might this not to be revealed source be Deep Throat Jr.?

Kaiser Wilhelm

Rick,

What do you think, a clam shell or a cardboard box? Or, a cardboard clam shell?

Rick

A cardboard clamshell like a pizza box. I’m hungry!

Kaiser Wilhelm

Rick,

Leave it to you to always get to heart of the matter, all else be damned!

Antonio

I still don’t see 2024 coins in circulation. I repeat my earlier statement, “Where’s the beef?” I live in a major U.S. city. I’ve come across maybe 3 2024 cents, that’s all. They can’t ALL be going to Canada and Mexico. Canada doesn’t accept cents anymore, not since 2012.

Rick

Soon enough, I’m sure there’s plenty in storage.
Many jars of loose change have been recirculated lately imo, even more change will be cashed in during the upcoming holidays as usual. There’s certainly no shortage of pocket change imo.
More recirculation cycles tells me there’s going to be less & less Mint State extra V’s or your favorite circulating coin saved for a rainy day!

Kaiser Wilhelm

Rick,

Perhaps it’s time for another Presidential Order, this one to confiscate all coinage.

Rick

Unfortunately for him, and lucky for me, he used up all of his Executive Orders on day one!
Besides, if he did try to confiscate your coins, I doubt that he would be able to pry these valuable coins(below)from your cold, dead hands!? No way!

2024-jefferson-nickel-uncirculated-obverse-denver-768x768
Kaiser Wilhelm

Rick,

I woefully neglected to properly identify the President in question, which in this case happened to be (the spirit of) FDR, he of universal gold confiscation fame. Dead hands prying coins from dead hands; the horror!

Kaiser Wilhelm

Antonio,

That’s roughly equal to my haul so far this year, a few lonely 2024 one cent pieces.

DAVESWFL

Hi Ho Silver!

Kaiser Wilhelm

Now is my chance and I just have to ask.

Are DAVESWFL and DaveSWFL one and the same or two distinctly different commenters?

An inquiring mind wants to know.

DaveSWFL

Same person, different devices!

Kaiser Wilhelm

Aha, a particularly strange case of split technicality. Verrry interesting!

E 1

Gold’s performance in the last year has been +$716.00 or +36%.

Gold_1_Year-Copy
E 1

I am inclined to say that the gold has good momentum and good support right now. I think it will go higher.

Kaiser Wilhelm

E 1,

If gold goes much higher mega-yacht builders will have to skip the gold bathroom fixtures and go the cheap route with platinum instead. What a disgrace.

Craig

E 1,

I don’t put much stock into prognosticators or those that can ‘see’ the future, but I have heard a few stating Au will hit the $2800 mark soon. Only time will tell.

Kaiser Wilhelm

E 1,

I realize I’ve used this old line before, but prognostication and in the neighborhood of $4.95 will get you (if you’re lucky) a fairly decent cup of coffee.

Kaiser Wilhelm

Up, up and away, my beautiful gold balloon!

istockphoto-183245431-612x612
E 1

Silver’s performance in the last year has been +$7.94 or +32.4%.

Silver_1_Year-Copy
Kaiser Wilhelm

Now that’s what I’m talking about, E 1. My favorite precious metal finally rides high!

E 1

NVDA’s performance in the last year has been +$79.65 or +191.4%

NVDA_1_Year-Copy
DaveSWFL

Stocks – a ingle edged sword.
PMs – a double edged sword, for me at least.
I like to be able to hold what I own. My security blanket 🙂

E 1

You got to know when to hold ’em
Know when to fold ’em
Know when to walk away
And know when to run
You never count your money
When you’re sittin’ at the table
There’ll be time enough for countin’
When the dealing’s done


Rick

Great advice from The Gambler….
Lots of gambling going on lately……

Kaiser Wilhelm

All life is a gamble, Rick, as is evidenced by the fact we very rarely get to see the cards until after the hand of fate has been played.

Kaiser Wilhelm

E 1,

If only I’d been lucky enough to hear those lyrics well over half a century ago I could have saved myself a whole lot of grief, trouble and money!

Kaiser Wilhelm

E 1,

One might imagine that in the old days out West these card games might occasionally be interrupted by train robbers in which case the decision of how to play your hand probably assumed a heck of a lot less importance.

Kaiser Wilhelm

DaveSWFL,

It kind of comes down to which of the four legs of the “chair of wealth” you feel most comfortable keeping your money in; interest earning cash, precious metals, stocks and bonds, or land and real estate. As there are not likely to be any solid guarantees which of these will inevitably demonstrate the best return nor which in the long run will be the most secure, your guess is as good as any.

Craig

NVDA up another $4.82/share today! That’s how you get rich folks.

E 1

NVDA’s fundamentals cannot be denied – exceptional on all counts. It’s just that the short sellers and large institutional buyers keep trying to mess with the stock. Sooner or later, they’re gonna let that bull out. I believe that 2025 will be the year of the bull for NVDA.

E 1

“Moe money for Coins.”

Rick

And looking forward to seeing some new beauties that come your way!
From a fellow coin addict…..

The one that got away. A Bidding war on steroids sent it to $11,800…..
An undergraded MS66 goes for Top Pop MS67+ money. Maybe next time……

comment image

E 1

Rick,

I’ve been side lined with other things and haven’t had time to fire up the coin lab. But soon.
.
Also, Heritage Auctions has a DMPL Morgan Dollar Collection on the block for early October. You may want to check it out.
.
I have a 1900-O myself in MS-64. The one that didn’t get away and should have gotten away.
.
Later Bud

Rick

No hurry, anything shared by anyone is good to see & hear. Patience pays off for everyone in the end..

I’ll look for the Heritage DMPL DROOL offerings!

Kaiser Wilhelm

Rick,

I’m well aware that the acronym DMPL means Deep Mirror Proof Like but the full definition of “DROOL” eludes me. 😉

Kaiser Wilhelm

E 1,

“I have a 1900-O myself in MS-64. The one that didn’t get away and should have gotten away.”

It appears I need to set up a drop box for coins others don’t want.

Craig

Rick,

I absolutely love the New Orleans minted coins and I have several, although I never paid that amount for any.

Kaiser Wilhelm

Craig,

I don’t have a single coin that isn’t from one of the Big Four Mints: Denver, Philadelphia, San Francisco & West Point. (Notice the unavoidable influence of OCD via the alphabetical ordering).

Kaiser Wilhelm

Rick,

That 1900-O Morgan went for just a bit less than I paid for my 2012 Toyota Yaris. I wonder which was the better deal in the long term?

Kaiser Wilhelm

E 1,

Larry and Curly are waiting in the wings to have a go at their share.

Kaiser Wilhelm

“Moe money for coins.”

  • E 1
Craig

It’s not a bad thing for its stock to rest a bit. The Blackwell GPU is still in the early innings, so 2025 should be a very interesting year for NVDA.

Kaiser Wilhelm

E 1 and Craig,

Just reviewed the history of NVDA from Day 1 at a Denny’s restaurant. What a fascinating corporate success story with many a twist and turn all leading to who knows how much possible continued growth going forward. If you own shares of this company I would say you are absolutely on the right track.

E 1

I have a stack. Plus IBM, DELL, and GOOG.

Kaiser Wilhelm

E 1,

It was easy to tell you are a very smart man and now we know you are also a rather prudent one. Kudos on all counts!

Kaiser Wilhelm

E 1,

You may ask yourself, is this my beautiful house, is this my beautiful wife, and why wasn’t I at that historic lunch meeting at Denny’s to be one of the founders of NVDA?

Kaiser Wilhelm

No, this is not THE Denny’s, but since they don’t look all that much different from one another, does it really even matter?

1080-1290-hamner-ave-norco-photo-5-of-10
Last edited 1 month ago by Kaiser Wilhelm
E 1

Kaiser,

The Talking Heads. One of my favorites. That’s the East Coast in me. They have a live concert special on MAX that is great. Check it out. I think it is called “Stop the Madness.” That first song is amazing. The best solo performance I’ve ever seen in a long long time.

E 1

Kaiser, Correction, its called “Stop Making Sense.”

https://www.youtube.com/watch?v=ZQj6IhYIjqY

Tony Mendes is a talent like no other.

E 1

Opps, its “David Byrne.”

Kaiser Wilhelm

Yes, and a musical genius if there ever was one. So there’s that solo masterpiece and at the other end of the spectrum he got everyone in the band (and then some) together for this spectacular rollicking gem:

Kaiser Wilhelm

E 1,

It makes no sense to make sense when we sense that it’s senseless.

Kaiser Wilhelm

E 1,

If anything the praises you sang of this David Byrne solo were too modest; what a fantastic combination of music and presentation!

E 1

Kaiser,

It gets better.

Byrne’s Big Suit Dance. Priceless.

https://www.youtube.com/watch?v=_yM3NL3B1pk

The mint is not making sense right now. So, time for some cerebral entertainment. Back to air mail stamps, American women’s autographs, and art. I am close to closing a deal on this one. “Barometer Woman” by Salvador Dali. I’ve been researching and searching for a real one since last year. Time to hyper focus on something other than coins.

Later

Barometer_Woman_Reference-Copy
E 1

The authentication process. Fake coins yes and fake art too.

Barometer_Woman_Authentication_Page_-Copy
E 1

Here is another cerebral experience. Try to figure it out.

Dali_Flordali_II-2-Copy
E 1

Another famous Dali on my list.

Dali_Flordali_I-2-Copy
Kaiser Wilhelm

E 1,

I really hope you’ve seen how marvelously Adrien Brody inhabits the body and expresses the spirit of Salvador Dali in Woody Allen’s quite frankly unexpected movie masterpiece “Midnight in Paris”!

E 1

Kaiser,

I’ll have to check it out. He had an utterly amazing life and was an intense intellectual. “Midnight in Paris” – I’ll check it out.

If you’re interested in Van Gogh, “At Eternity’s Gate” is another noteworthy film.”

Thanks Kaiser

Kaiser Wilhelm

E 1,

I highly recommend it. Mind you, it’s not a deeply philosophical film but an all-around extremely well presented one; you will (hopefully) see what I mean. Thanks for the Van Gogh movie recommendation; I will definitely have to check that out, and by the way, what a tortured existence that poor devil had! And last but certainly not least, you’re very welcome, E 1.

Kaiser Wilhelm

E 1,

Keep those Dali hits coming. I enjoy being distracted from my as of late all too frequent episodes of uninvited discombobulation.

E 1

Another good one.

Dalinae_Unicorn-Copy
Kaiser Wilhelm

I love it!

Kaiser Wilhelm

He knew he was lacking, so Don Quixote finally grew a pair.

pear-beurre-hardy-tree-p7686-54787_medium
Kaiser Wilhelm

E 1,

I knew from the start I wasn’t even going to give the analysis and/or interpretation of the above “cerebral Dali” a try since I knew my mind has been so inundated with anxiety, panic, agoraphobia and above all PTSD the past couple of weeks even the simplest task has become a real chore. Temporarily dead in the water, you might say.

E 1

Psalms 23 if you can my brother. Always works for me.

Kaiser Wilhelm

E 1,

As I have no religion I look to a revised Serenity Prayer, i.e., my personal version of same:

I seek to accept what I cannot change,
the courage to change the things I can,
and the wisdom to know the difference.

Last edited 1 month ago by Kaiser Wilhelm
Kaiser Wilhelm

E 1,

Apparently, if there is anything real in this world someone will think of a reason and a way to make a counterfeit of it. A real shame.

Kaiser Wilhelm

E 1, Is there anything David Byrne ever did that wasn’t simply riveting and cutting edge? The Big Suit Dance was priceless. Speaking of big suits, have you ever seen the movie “Zoot Suit” with Edward James Olmos? I highly recommend it; impressionist film art at its finest. Best of luck on getting that lithograph; what a coup that would be! I trust you’ve been to the Salvador Dali Museum in St. Petersburg, Florida. Perhaps a somewhat unexpected place to find such a treasure trove of his work but it’s certainly not without precedent. I also found that to be… Read more »

E 1

Kaiser, It is hard to believe it has been 40 years since they filmed “Stop Making Sense.” It was digitally remastered and released on video last year (2023). Their music was way ahead of their time and now is most fitting. A must see film. . Yes, St. Petersburg is the place to by Dali art. My grandfather lived in St. Pete. Dali spoke 7 languages and lived around the world much like you. Spain, Austria, France, Canada, US, Mexico. Something can be said for those that live around the world. It adds depth and breadth to the mind. .… Read more »

Kaiser Wilhelm

E 1, Both my wife and I have a particular fascination with Botero’s brilliant depiction of “fat characters”; this flavor is definitely an “each to his/her own” if there ever was one! I have now lived both in and outside of Boston for 56 years, albeit in nine different residences spread across the city and three nearby towns. In the 21 years prior I had lived in three countries, five cities, four towns, and thirteen domiciles. Sometimes one has to move constantly, other times one hunkers down. Our walls too are covered by works of art, all originals and all… Read more »

E 1

Kaiser, I had a childhood sweetheart named Katie that moved to Boston from Westchester to attend Radcliff. I use to fly the Eastern commuter flight from Islip to Logan. Then take the train to Somers Hill where she lived. My best memory with her was on a Fourth of July. We sat at the base of a Paul Revere statue on Somers Hill, looking East to the harbor, drinking champaign and watching the fireworks. We would go to Harvard Square and Cheers Bar every time I visited. After she graduated, she moved to Spain. That was the last time I… Read more »

Rick

Great stories E1 and Kaiser. Great art and music talk too.
In 1979 when I was basically a kid who loved watching Saturday night live, the talking heads performed on the show. They blew me away…
My only claim to fame art wise was viewing in person the Michelangelo works at the Vatican museums/Sistine chapel that same year ’79 tagging along with my parents.
Breathtaking stuff…

Last edited 1 month ago by Rick
Kaiser Wilhelm

Rick,

I’m glad you’re enjoying these, and thank you for the kind words of appreciation. I had to laugh when you pointed out the year 1979; by then I had a three year old son and a one year old daughter. Also a wife, their mother, who positively hated my guts and I as a consequence learned to hate hers. People should never stay together for the “good of the children”; it makes the poor kids’ lives miserable. The best day in all of our lives was when I packed my bags and moved out forever.

Kaiser Wilhelm

E 1,

I too discovered early on those college romances don’t always work out. I had several over the years which all fell apart, most sooner rather than later. Summer vacation was one of the main reasons; it’s all too easy at that age to meet someone else in the hot sun and forget the one you last saw back at school, and that of course works both ways between would-be partners.

AKBob

Well as much as I love gold and silver going up, it means another thing! Just in time for the Gold Flowing Hair to be released! By the time it’s released, Gold will be $3K oz!! I’m 100% positive Gold will continue up because the Mint is in charge!!
They always wait till Gold goes up, right?? Yes, I’m only joking but……………lol!! You get my “drift”! Geez, I am old, where do these old sayings come from! 😉

P.S. I wish we could Pre order them now, lol!! 🙂

Well, as always, Good Luck ALL!!

Rick

I was thinking the same thing AK, pre order! I’m in for a 1st strike Flagger or FDI, just one I’m thinking, we’ll see? Popular design means a lot of interest, but an unbelievable $1000+ premium means less interest for that coin wow.
To be continued……

Kaiser Wilhelm

Rick,

By pre-order you must mean via ebay or similar since the Mint doesn’t do that type of thing for us regular folk.

Rick

Yes pre-order(pay up)via eBay prior to the Mint release, they’ll send it in for grading, then they send it to the buyer. It’s a good service if you don’t want to deal with it yourself, but very expensive for that service… Below is the coin as to how it will look from PCGS. This seller happens to be the same seller that AKBob and myself used for the L&B coin, so they are legit. Right now it’s way too early for me to consider buying that coin at that price, ain’t happenin! However, if the Mint puts a limited number… Read more »

Kaiser Wilhelm

Rick,

Many thanks for the full explanation; I’m learning things every day here!

I can see those sellers on ebay have themselves a rather nice niche business going. One they are successful in having sourced their coins the rest of the process appears to pretty much take care of itself.

I noticed that particular gold coin doesn’t have a privy mark on it; I suppose I can presume since that was an early mockup the privy mark addition hadn’t been added to the “samples” yet.

Kaiser Wilhelm

AKBob,

I’m a bit surprised that with all the interest in this gold coin we haven’t heard from the likes of Nigerian Prince Gold Ducat Purveyors or some similar skullduggery.

CaliSkier

Wow! After tracking this threads progress I saw it go from 30%, to roughly 33%, to a little over 34% to an incredible 47.28% or 87 out of 184 comments by Kaiser Wilhelm. Holy smokes!

9031E06A-32F5-4E68-99EC-60AD99AF6181
Rick

Not bad!
I think Kaiser may have matched your record numbers from the blog days!?

CaliSkier

I must say I’m enthralled, never envisioned, and excited that Sir Kaiser, has wholeheartedly entrusted us again with his everlasting displays of positivity, banter, witty humor, use of galactic level vocabulary, as well as the sharing of his life/family history! There have been a least a couple of times, where I was truly saddened, that his presence was missing from Coin News for reasons, I won’t go into, him having, as was said similarly about “Elvis”, er’ “Kaiser Wilhelm, has left the building”. So, in all do respect, Sir Kaiser, with heartfelt respect and nothing but Love, I’d like to… Read more »

BBAE480A-EEA0-4AA0-8CBD-6A55B57A4EDC
E 1

Kaiser,

You’re always kind, positive, interesting, and fun. The glue that binds us together. I am grateful too. I am also grateful for the so many other amazing posters we have here now. Such a great fellowship we have.

Thanks Boss!

Kaiser Wilhelm

E 1,

I can’t but feel like I’ve been inundated with warm and uplifting sentiments beyond all bounds, and I have to say it feels just great! Thank you so very much for all those kind words!

Kaiser Wilhelm

CaliSkier,

I can’t tell you how moved, touched and blessed I am by your incredibly kind, warm and thoughtful words. To be this very much appreciated, and in such an honest, caring and heartfelt manner, is a gift beyond measure. I sincerely hope it goes without saying that all those wonderful sentiments are in turn meant for you in like fashion and with an equal depth of feeling.

“Until next time, thank you very much and may God Bless you each day.”

Bis naechstes mal, vielen dank und Gott segne dich jeden Tag.

Flag_of_Vienna
Kaiser Wilhelm

If anyone is curious, the above is the flag of the City of Vienna.

Kaiser Wilhelm

By the way, if you click on the Viennese flag you will have the incomparable pleasure of observing it ripple!

Kaiser Wilhelm

CaliSkier,

I neglected to express my sincere gratitude for the glorious depiction of the Austrian flag, the second oldest national flag in the world (after Denmark’s). Please note that the Imperial Black Eagle now has a broken chain in its claws to celebrate its freedom from Nazi oppression after WWII.

Kaiser Wilhelm

Rick,

I wouldn’t want to either tie or surpass any record of CaliSkier’s from glorious days gone by. Let sleeping gold medals lie and never the twain shall meet. I think I might be taking up mangling, mixing, and tangling metaphors as a brand new hobby if I happens that I get priced out of the old one. Now where are those oh so valuable 2024-D Nickels?

Rick

Yes, let’s leave you at an unofficial 2nd place, while simultaneously being 2nd to none(in the personality dept!)…
Mangle, mix, and tangle away metaphorically, as I wouldn’t know the difference lol..
The ’24 nickels will show up next year to satisfy the rarity hunters! There’s an abundance of ’23’s being introduced at the moment, so one must be patient.
Mums the word if you have more than one single ’24-D. We wouldn’t want to think that you are collecting them for a possible future profit!

Last edited 1 month ago by Rick
Kaiser Wilhelm

Thank you, Rick, for the overall ideal solution; that arrangement sounds more than fair and excellent to me!

Anyway, and in yet another regard, what exactly is a meta for?

I can’t wait to get my hands on those exceedingly scarce/perfectly common ’24D Nickels. As to what profit means, I haven’t a clue.

Craig

C’mon Kaiser, you’re so close to the 50% mark. Can’t you do just a little better my man!

Kaiser Wilhelm

Well, Craig, my friend, now that you’ve thrown down the imperial gauntlet it appears I’m left with no other option than to once again rev up my array of commentarian engines and go for broke!

Craig

Kaiser,

I knew you wouldn’t let me down! We do enjoy reading your enlightening comment, so keep them coming. Cheers!

Kaiser Wilhelm

Craig,

Cheers and good wishes to you also, my friend, and many thanks for your warm and kind comments.

If there’s one thing you can count on with Der Kaiser is that he does his utmost not to let his friends down, with the unfortunate exception of those happily very rare occasions when he has experienced a no-so-spontaneous total meltdown and temporarily vanished from the face of the earth.

What goes up, must go down, spinning wheel got to go round…

Kaiser Wilhelm

no-so-spontaneous”

Due to the likelihood of my fingers having gone faster than my neurons can fire or synapse or whatever such gobbledygook.

Kaiser Wilhelm

CaliSkier,

I must be slipping. I thought for sure I had crossed the 50% barrier quite some time back. Just goes to show the older you get the harder it is to measure things properly; good grief!

This and the “Wot Lady”(RIP) are two of my all-time favorite memes, and the fact that you made the effort to personalize it makes it even more of a treat for me. Thanks for that!

Kaiser Wilhelm

“Even though it costs the Mint 3.07 cents to make and distribute each 1-cent coin, the Federal Reserve always orders more of them than any other denomination.” It finally dawned on me why the Federal Reserve so obviously doesn’t give a flying furburger that making all of those billions upon billions of one cent pieces is such a money loser for the U.S. Mint and a heck of a drain on its resources (which could be put to better use in so many other ways). The Mint’s annual profits, if there indeed are any, get transferred to the United States Treasury’s… Read more »