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Showing posts with the label Coin Mintmarks

Why No Mint Marks on United States Coins from 1965 to 1967

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Many people wonder why they can't find any coins from 1965, 1966, or 1967 with a mint mark. The truth is that the United States Mint did not officially produce any coins with a mint mark during these years due to a coin shortage. The coin collecting craze in the early 1960s led to a nationwide coin shortage. People were hoarding coins for their collections, and others were pulling silver coins out of circulation to capitalize on the rising silver bullion values. In response, the U.S. Mint decided to discourage coin collectors from saving coins based on mint marks by not including any mint marks on coins from 1965 to 1967. The Coin Act of 1965 mandated the removal of mint marks, a practice that continued for five years. Additionally, to address rising silver prices, the Mint eliminated silver from dimes and quarters in 1965 and reduced the half-dollar's silver content from 90% to 40%. In 1968, Congress acted to restore mint marks to coins, but now they would be located on the ob...

Know the Mintmarks on Coins of India

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Every coin minted in India bears a mint mark, a unique symbol that identifies the mint where it was produced. Mint marks primarily serve the purpose of traceability, enabling the issuing authority to identify the origin of each coin. India currently has four Government Mints, some of which trace their origins to the pre-Independence era. The newest of these is the Noida Mint, established in 1988. In the past, India occasionally faced shortages of circulation coins and relied on foreign mints to supplement domestic production. Today, however, the country has sufficient—and often surplus—minting capacity to meet its own coinage requirements through its four Government Mints. In addition to producing India's circulation and commemorative coins, the Noida Mint has also undertaken the minting of coins for several foreign countries. Mint marks carried by coins minted in India: Calcutta / Kolkata Mint: Established in 1757; Mint marks:  No mint mark K - stands for Kolkata (since 2026) Bomb...