A were convinced
Farmers
Well....quarters dimes and half dollars from 1964 and before are 90% silver and then the mint reduced the silver in quarters and dimes to none.BUT the half dollars from 1965-1969 were 40% silver then in 19 70 all silver from coins was eliminated.the mint still makes commerative proof silver sets,but they are not meant for circulation just for collecting.
All silver US coins dated 1964 and before are 90% silver none are pure silver.
The US Treasury would exchange them for silver coins. That policy ended in the mid-1960s when silver coinage was discontinued.
The term "sterling silver" actually comes from the "pound sterling," the unit of British currency. British silver coinage was for hundreds of years (excepting various bouts of debasing over the years) 92.5% pure. Thus, "sterling silver," which is 92.5% pure, merely refers to silver which is as pure as the pound sterling. As a historical note, the purity of silver in British coinage was reduced in 1920 to 50% silver, and in 1947, silver was replaced with a cupro-nickel alloy in British "silver" coinage.
Pure silver is a single substance, an element. All its particles are silver atoms. That said, it is rare to encounter pure silver. For coinage and jewellery it is usually alloyed, often with copper, to make it harder.
No, it is 90% silver and 10% copper. Pure silver is too soft to use for circulated coinage.
No. No circulating coinage was ever PURE silver, but generally a blend of silver and copper. That said, coins of the Korean won are currently made of aluminum or a nickel/copper blend.
no to soft to make coins out of solid silver . .999% is the most silver in any coin .
The term "karat" is not used with silver like it with gold (where 24 karat gold is 100% pure gold and 18 karat gold is 18/24ths, or 75%, pure). 22 karat gold would be 91.667% pure - that same purity level is often found in silver coinage (slightly less pure than 92.5% coin silver, or "sterling silver", of England of yore).
All US silver coinage has the same composition of .900 silver & .100 copper. Pure silver coins are impractical for every day use they will bend an wear down to fast.
Silver has been used in coinage ever since coinage was made. The earliest coins were made out of an alloy of silver and gold. Silver, along with gold, have been used for coins ever since coinage was made in 700 BC or so.
The Coinage Act of 1873 stopped the minting of silver coins.
yes
The free coinage of silver would have to increase the amount of money in circulation.
The Coinage Act of 1873 stopped the minting of silver coins.