1964 was the last year 90% silver coins were released for circulation. The Kennedy Half Dollar was struck in 40% silver from 1965-1969 and 1970 but the 1970 coin was not released for circulation. In 1975 & 1976 special bicentennial 40% silver collectors coins were struck and sold from the US Mint. 1982 saw a 90% silver commemorative half dollar and from 1992 to date Silver Proof sets that have 90% silver halves, quarters and dimes also have been sold from the Mint.
NOTE: From 1986 to date the US has produced "American Silver Eagle" bullion coins that are 1 ounce of pure silver.
1964 all us coins stopped being produced with silver.
The world wide increase in silver prices was the main reason.
i don't know maybe they hate silver. lol
The value of silver rose so the US had to use other metals to make coins. If our coins were still made of silver dimes would be worth $2 and quarters would be worth $5.
1935. Note U.S. dollars were never pure silver. They contained about 10% copper.
1964 all us coins stopped being produced with silver.
The world wide increase in silver prices was the main reason.
i don't know maybe they hate silver. lol
The value of silver rose so the US had to use other metals to make coins. If our coins were still made of silver dimes would be worth $2 and quarters would be worth $5.
Inflation caused the silver content of coins to be worth more than their face value so the US mint stopped making silver coins for circulation.
1935. Note U.S. dollars were never pure silver. They contained about 10% copper.
The last year for the Canadian silver 5-cent piece was 1921, except those coins weren't called nickels because they didn't contain any nickel. The Canadian nickel (actually made of nickel) was then introduced in 1922.
The short answer is 1966. Australias last "silver" predecimal coins contained 50% silver. The last of these coins were minted in 1963 and 1964 and were withdrawn soon after decimalisation in February 1966. The only Australian decimal general circulation to ever contain silver, was the 1966 (round) 50 cent coin which had an 80% silver content. Due to the soaring price of silver a short time later, and with the benefit of the wisdom of hindsight, this was a terrible blunder since the silver content of the coin was worth much more than 50 cents, and these coins were withdrawn very quickly.
None of the Eisenhower dollars (1971-1978) that were released into circulation had any silver! Only special collectors coins sold directly from the US Mint were made from 40% silver and all of them have S mintmarks. None of the Philadelphia or Denver minted coins contain silver. The 40% silver coins were struck only from 1971 to 1976.
Silver is a precious metal, and just like gold, it's going to be expensive so they stoped using it because they realized that people could melt the coins down and have a ton of money in silver.
The last year for silver silver dollars was 1935. There were no dollar coins minted again until 1971, by which time silver coinage had been replaced with copper and nickel.
The last year for 90% silver dimes, quarters, and, half dollars was 1964. Half dollars were then made with 40% silver until 1970.