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In 1964, the redemption of Silver Certificates for silver coin ended and in 1968 the redemption of Silver Certificates for silver bullion ended. Production of one-dollar Federal Reserve Notes was undertaken in late 1963 to replace the soon-to-be obsolete $1 Silver Certificate. The design on the reverse remained the same, but the border design ...
On March 25, 1964, Secretary of the Treasury C. Douglas Dillon announced that Silver Certificates would no longer be redeemable for silver dollars. [24] Subsequently, another act of Congress dated June 24, 1967, provided that Silver Certificates could be exchanged for silver bullion for a period of one year, until June 24, 1968.
Silver certificates are a type of representative money issued between 1878 and 1964 in the United States as part of its circulation of paper currency. [1] They were produced in response to silver agitation by citizens who were angered by the Fourth Coinage Act, which had effectively placed the United States on a gold standard. [2]
1964–1974, 1977–present 5: limited 6: half, half dollar, 50-cent piece Independence Hall (1975) 1976 5: $1: 38.1 mm (1.500 in) 2.58 mm (0.102 in) 22.68 g (0.8 oz) (350 gr) reeded Dwight D. Eisenhower: Apollo 11 mission insignia 1971–1974, 1977–1978 limited large dollar, Ike dollar, silver dollar Liberty Bell superimposed over the Moon ...
1964 Confederation Meetings Commemorative Dinko Vodanovic 7,296,832 $1.00 1967 Canadian Centennial: Alex Colville and Myron Cook 6,767,496 $1.00 1971 British Columbia Centennial Patrick Brindley 585,217 $3.00 1973 RCMP Centennial Paul Cedarberg 904,723 $3.00 1974 Winnipeg Centennial Paul Pederson 628,183 $3.50 1975 Calgary Centennial D. D. Paterson
On August 3, 1964, Congress passed legislation providing for the striking of 45 million silver dollars. This legislation was enacted when coins vanished from circulation (under Gresham's law ) as the price of silver rose past $1.29 per ounce, making silver dollars worth more as bullion than as currency.
Bayou Academy was founded in 1964 as a segregation academy. [4] In 1966, the all-white school board sold Skene Attendance Center to a white group called Skene Civic Improvement Society, Inc. for $1.00. The property was then leased to Bolivar Academy, achieving a transfer of public property to the segregationist group. [5]
A Korean War C-day is a key plot element of "Change Day," an episode from the sixth season (1977-1978) of the television series M*A*S*H. Major Charles Emerson Winchester III schemes to purchase soon-to-be-worthless MPC from local farmers and merchants for cash at 10% of face value, planning to trade it in and pocket a large profit.