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Why did they stop making coins out of silver?
The world wide increase in silver prices was the main reason.
What year did the US stop making silver half dollars?
The last 90% silver half's made for general circulation were in 1964. 40% silver coins were issued until 1970.
When did the US stop making silver dollars out of 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.
What year did they stop making silver coins?
The last year for silver dimes and quarters, as well as 90% half dollars was 1964. Halves 1965-70 were then 40% silver. All dimes and quarters 1965-present and half dollars 1971-present are copper and nickel.
Why did the US mint stop using silver to make coins?
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.
Why did they stop making coins out of silver?
The world wide increase in silver prices was the main reason.
Why did silver standard for American coinage stop in 1964?
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.
What year did the US stop making silver half dollars?
The last 90% silver half's made for general circulation were in 1964. 40% silver coins were issued until 1970.
When did the US stop making silver dollars out of 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.
Why did they stop making 20 cent coins?
"They" have not stopped making 20 cent coins.
Why are coins in this country no longer made in silver?
In the 1960's, the US stopped making silver coins because of the value of the metal. For example, a silver dime's silver value is worth $2 and a silver quarter is $6. Silver dollars are worth $30. The U.S. was wasting a lot of money in silver coins and the silver value was rapidly increasing, so they had to stop. Another reason would be that people took the coins, melted it and sold it to a cash-for-gold type company. Also, they would ship or smuggle them to foreign countries which is illegal.
What year did they stop making silver coins?
The last year for silver dimes and quarters, as well as 90% half dollars was 1964. Halves 1965-70 were then 40% silver. All dimes and quarters 1965-present and half dollars 1971-present are copper and nickel.
Why did the US mint stop using silver to make coins?
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.
What year did Canadian 50 cent pieces stop being made from silver?
After the Bank Holding Company Act of 1970 was passed, silver was no longer used in making half-dollar and dollar coins meant for general circulation. Some coins made for collectors may still have silver content.
Why did the us stop using silver to make coins?
i don't know maybe they hate silver. lol
What year did they stop making the silver dime?
1964
In 1964 why did the us stop using silver to make coins?
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.
