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It is the only large-size U.S. dollar coin whose circulation strikes contained no silver. In 1965, because of rises in bullion prices, the Mint began to strike copper-nickel clad coins instead of silver. No dollar coins had been issued for thirty years, but, beginning in 1969, legislators sought to reintroduce a dollar coin into commerce.
The Mint's production of coins rapidly depleted the Treasury's stock of silver. Prices for the metal were rising to such an extent that, by early June 1965, a dollar in silver coin contained 93.3 cents' worth of it at market prices. On June 3, 1965, President Lyndon Johnson announced plans to eliminate silver from the dime and quarter in favor ...
The silver in a dollar's worth of quarters would be worth more as bullion than as money if the price of the metal rose past $1.38 per ounce, and there was widespread hoarding of silver coins. Demand for the Kennedy half dollar as a collectable drove it from circulation after its debut in 1964.
The value of silver dollars can vary greatly, whether it’s the 1964 Kennedy half dollar or the 1922 silver dollar coin. And some rare specimens fetch astounding amounts at auctions.
1967 Kennedy Half Dollar. ... the U.S. Mint deliberately didn’t include mint marks on coins produced from 1965 to 1967, to limit coin hoarding. The Mint began making these half-dollars in 1964 ...
You may have heard of the Saint Gaudens Double Eagle 1933 which sold for a record-breaking $7.59 million at an auction, and other valuable coins that have been sold for more than a few silver dollars.
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