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Why are Mint marks important?

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Why are Mint marks important?

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Collectors determine a coin’s value by examining its date, Mint mark and condition. The most important criterion in determining a coin’s value is its condition. However, determining the Mint that struck the coin is extremely important in arriving at its value. That’s because the coin may be struck in large quantities at one Mint and very small quantities at another. Consider the 1914 and 1914-D Lincoln cents: more than 75 million examples were struck at Philadelphia (with no Mint mark) but only 1.193 million have a little D mark below its date. Back to top Mint marks today Let’s examine our current pocket change or coins that collectors may find in today’s circulating coinage. Lincoln cents, 1909-96, have used two Mint marks (but have been struck at four Mints). Collectors will find a little “D” for the Denver Mint or “S” for the San Francisco Mint, located directly beneath the date. Jefferson 5-cent coins, 1938-96, have used three Mint marks, in three different locations. Denver and S

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