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The part-silver 1972-S Eisenhower dollars were available for sale by mail order, with the ordering period from May 1 to July 15 for the proof coins and August 1 to October 16 for the uncirculated version. [31] With ample supplies of Eisenhower dollars, the Federal Reserve had no need to order any in 1973, and none were struck for circulation. [51]
By 1853, the value of a U.S. silver dollar contained in gold terms, $1.04 of silver, equal to $39.31 today. With the Mint Act of 1853, all U.S. silver coins, except for the U.S. silver dollar and new 3-cent coin, were reduced by 6.9% as of weight with arrows on the date to denote reduction.
Regardless of when struck, each coin bears the double date 1776–1976 on the normal obverses for the Washington quarter, Kennedy half dollar and Eisenhower dollar. No coins dated 1975 of any of the three denominations were minted. Given past abuses in the system, the Mint advocated against the issuance of commemorative coins starting in the 1950s.
1964 (90% silver) half dollar (silver proofs from 1992–present also have this composition) 1965–1970 half dollar (40% silver) 1971–present half dollar (copper-nickel) The reverse only changed in 1975 and 1976 when the double dated coins showing 1776–1976 were minted to celebrate the U.S. Bicentennial.
The Nixon shock was the effect of a series of economic measures, including wage and price freezes, surcharges on imports, and the unilateral cancellation of the direct international convertibility of the United States dollar to gold, taken by United States president Richard Nixon on 15 August 1971 in response to increasing inflation.
Dimes, quarters and half dollars are also struck in 90% silver for special annual collector's sets. The silver-colored Susan B. Anthony dollar was replaced with gold-colored Sacagawea dollar in 2000 and Presidential Dollars 2007-2016; though the composition changed, the coin's size and weight remain the same.
Face value Coin Obverse design Reverse design Mintage Obverse Reverse 2¢ United States Bicentennial two-cent piece (cancelled) [2] Unknown Unknown None 25¢ United States Bicentennial quarter
The silver boom of 1979–80 saw a large increase in the amount of sales and destruction of many hoarded 1964–1969 silver Kennedy half dollars. Record high silver prices caused extensive melting of silver coins, especially half dollars and silver dollars for their metal content. [36]
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