Complete US Mint Year Set (Foreign and Domestic) – 1940

The Stock Market began a two-year decline dropping almost 14% for the year. With the aid of governmental intervention, gold held somewhat firm as it declined only 1.6% to $33.85 but silver fell to its depression low average for the year of $.348.

The war dominated the news even though the US maintained neutrality. Massive numbers of Poles were reported as executed by the Germans and Great Britain began rationing certain foods as the war intensified. Winston Churchill announces this to be England’s “finest hour” as Hitler orders the invasion of the English isle. Thankfully, it didn’t get to that point.

As for coinage, it wasn’t a great year. Yes, proofs were still being offered but with no commemoratives or pattern coins, the number of coins collectors need for a complete set was dramatically reduced to the following:

  • Lincoln Cent – P, D, S, & Proof
  • Jefferson Nickel – P, D, S, & Proof
  • Mercury Dime – P, D, S, & Proof
  • Washington Quarter – P, D, S, & Proof
  • Walking Liberty Half – P, S, & Proof

Coins Minted in United States for Other Nations

French Indo-China
  • 10 Centimes (nickel) bears Paris mint mark of an “A” but was made in SF. Pure nickel dies were sent from Paris.
Nicaragua
  • 1 Centavo (bronze) – No mint mark but was made in P
  • 5 Centavos (copper-nickel) – No mint mark but was made in P
Panama
  • 1 ¼ Centesimos (95% copper/5% tin & zinc)
  • 2 ½ Centesimos (75% copper/25% nickel)
Salvador
  • 1 Centavo (75% copper/25% nickel)
  • 5 Centavos (70% copper,18% zinc. 12% nickel) – No mint mark but made in P
  • 10 Centavos (70% copper, 18% zinc, 12% nickel) – No mint mark but made in P

There Were No Pattern Coins This Year