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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. There had been coin shortages beginning in 1959, and the United States Bureau of the Mint expanded production to try to meet demand.
The Kennedy half dollars that followed were made as 90% silver circulating coins for one year only. Beginning in 1965, the JFK coins were converted to cheaper copper-silver clad. Six years later ...
The Franklin half dollar was struck in relatively small numbers in its first years, [9] as there was limited demand due to a glut of Walking Liberty halves. No half dollars were struck at Denver in 1955 and 1956 due to a lack of demand for additional pieces. [20] The San Francisco Mint closed in 1955; it did not reopen until 1965. [21]
The half dollar was changed from 90% silver to 40%. [18] Congress passed the Coinage Act of 1965 in July. [19] The new half dollars retained their silvery appearance, due to the outer layer being 80% silver and 20% copper. The coin was also minted with an inner layer of 21% silver and 79% copper.
The half dollar, sometimes referred to as the half for short or 50-cent piece, is a United States coin worth 50 cents, or one half of a dollar.In both size and weight, it is the largest circulating coin currently minted in the United States, [1] being 1.205 inches (30.61 millimeters) in diameter and 0.085 in (2.16 mm) in thickness, and is twice the weight of the quarter.
[12] R. S. Yeoman's A Guide Book of United States Coins (2015 edition) notes the involvement of both men, and values the half dollar at $90, with the quarter eagle beginning at around $450, though higher-graded coins may sell for more. [35] Many specimens of both coins are known in circulated condition. [13]
The obverse of a Kennedy half dollar. The Kennedy half dollar is a United States coin that has been minted since 1964. In the first year of production the coins were minted in 90% silver and 10% copper (90% silver).
A quantity of half dollars once owned by Baruch were sold for $3.25 each through a Georgia bank in the 1950s to finance a building in honor of Baruch's mother, a Southerner, in Richmond, Virginia. [68] A total of 1,314,709 Stone Mountain Memorial half dollars were distributed, after deducting those pieces melted. [69]
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