0
Dimes, quarters, and halves dated 1964 and earlier, and dollars dated 1935 and earlier, were struck in an alloy of 90% silver. The government controlled the price of silver at that time and fixed it at $1.29/oz so the amount in each coin corresponded to its face value.
When demand for silver increased the government was forced to let the price float, and coins became worth much more for their metal content than their face value. In 1965 dimes and quarters were changed to cupro-nickel clad composition and the amount of silver in half dollars was reduced to 40%. By 1971 halves were changed to cupronickel as well, and the new dollar coins introduced that year were also made of the same metals. 1964-dated silver coins are not rare as collectibles. Most are worth their melt value only. That varies depending on the price of silver but has averaged 8 to 10 times face value during 2008 and early 2009.
Note that nickels and cents from 1964 DO NOT contain any silver, despite urban legends to the contrary.
================================
(02/2009 - prior answer replaced because it was completely incorrect regarding both the percentage of silver in and metallic composition of U.S. coins)
Wiki User
∙ 15y ago
Add your answer:
Earn +20 pts
Are 1964 quarters silver?
Yes, but 1964 was the last year for circulating 90% coins.
Which coins are 90 percent silver after 1964?
1964 was the last year for any 90% silver coins struck for general circulation.
What year did coins loose silver?
1964
What was the last year USA coins were silver?
It was 1964 when the last coins in the US were made from 90% silver.
How many grams of silver in a 1964 or earlier silver half dollar?
For 90% silver coins (1964 & before) 10.2537 grams.
What is the value of 1964 silver dollars?
Sorry no US dollar coins dated 1964
What is the value of a 1964 us silver dime?
For the answer, visit: http://www.coinflation.com/coins/1946-1964-Silver-Roosevelt-Dime-Value.html
How many dollars in 1 pound of pre 1964 coins?
A pound of silver coins is about $500.00
How much silver is in a dime 1964 or older?
U.S. silver coins dated 1964 and earlier are almost all composed of 90% silver and 10% copper.
Are there any post 1964 US coins that contain silver?
The only US coins made for general circulation after 1964 to have silver are the Kennedy half dollars dated 1965 to 1969, but they only contain 40% silver not 90%
How much can you get for 1400 gram of pre-1964 silver coins?
August 24, 2009 1400 grams of silver coins are worth $571.60.
How many grams of silver in a silver half dollar?
For 90% silver coins (1964 & before) 10.2537 grams.
