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The Coinage Act of 1965, Pub. L. 89–81, 79 Stat. 254, enacted July 23, 1965, eliminated silver from the circulating United States dime (ten-cent piece) and quarter dollar coins. It also reduced the silver content of the half dollar from 90 percent to 40 percent; silver in the half dollar was subsequently eliminated by a 1970 law.
With the passage of the Coinage Act of 1965, the dime's silver content was removed. Dimes from 1965 to the present are struck from a clad metal composed of outer layers of 75% copper and 25% nickel alloy, bonded to a pure copper core. Pre-1965 dimes followed Gresham's law and vanished from
Some 1965 Roosevelt Dimes, in excellent condition, can go for over $1,000, but most are worth 20 cents to $2.50, per the experts at Ned Ludd Coins. Those made of silver have sold for thousands of ...
This all made silver too hard to find for coin roll hunters, so they primarily searched for 1922-1964 nickels for their numismatic value and 1965-1981 Nickels for their metal value, which slightly exceeds their face value. Pre-1997 [4] pennies were also pulled out of circulation due to their copper high metal value prior to the removal of ...
Coins struck at any mint between 1965 and 1967 lack mint marks, which were omitted as the Mint replaced the silver circulating coins with copper-nickel. Beginning in 1968, mint marks were again used, and on the nickel were moved to the lower part of the obverse, to the right of Jefferson's bust. [ 93 ]
Before the U.S. Mint began striking nickels in 1866, it produced five-cent coins in silver known as half dimes from 1792 to 1873. Now, some of those nickels are worth big bucks , even reaching ...
The half-dollar continued to be minted in a 40% silver-clad composition between 1965 and 1970. Dimes and quarters from before 1965 and half-dollars from before 1971 are generally not in circulation due to being removed for their silver content. Some modern commemorative coins have been minted in the silver dollar denominations.
Continued rises in the price of silver increased the hoarding—many early Kennedy half dollars have been melted for their silver content. Starting with 1965-dated coins, the percentage of fine silver was reduced from 90% to 40% (silver clad), but even with this change the coin saw little circulation.
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