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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. The new pieces were intended to be used at ...
By 1853, the value of a U.S. silver dollar contained in gold terms, $1.04 of silver, equal to $38.09 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.
Face value Coin Obverse design ... 3,998,621 S (silver) 50¢ United States Bicentennial half dollar John F. Kennedy: Independence Hall:
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.
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]
The composition of the Presidential Dollar coins is identical to that of the Sacagawea Golden Dollar and Native American $1 coins. The Presidential Dollar series includes all presidents except ...
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