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Oh, but there are! Next time you get to a bank ask them for some. Then use them around town. It really upsets business folks because the cash register draws have no half-dollar coin slot.
Also ask the bank for two-dollar blls. Do the same thing as with the half-dollar coins. Again, cash drawers have no slot for two-dollar bills.
G'wan! Have a bit of a laugh! ;-)
The WHY and WHAT ... Halves circulated regularly until 1964. It was normal to get a quarter and a half dollar in change if you received more than 75¢ back.
But when the decision was made to use the half to commemorate assassinated President Kennedy, the coins started to disappear from circulation because people all over the world wanted them as keepsakes. At the same time the price of silver was deregulated and it soon became profitable to go to a bank, buy the coins at 50 cents each, then turn around and sell them to a metal dealer for much more. That took even more halves (as well as dimes and quarters) out of circulation, to the point where you might get a handful of nickels in change because no one had anything larger in their cash drawer.
By the end of 1964 the Mint had decided to switch to using copper-nickel to mint dimes and quarters, but incredibly they decided to leave some silver in the half-dollar. Even though the new 1965 halves were "debased" from 90% silver down to 40%, the price of silver kept going up and up so even these later halves disappeared into melting pots as well. As of 1968 it was almost impossible to find halves in circulation.
By the time the Mint finally gave up and decided to make half dollars out of the same metal as dimes and quarters the damage was done. People had gotten used to using 3 quarters, cash drawers and vending machines were downsized to eliminate their half-dollar slots, and the coin all but vanished.
Even though the Mint has kept producing them for collectors and banks will give out any they have in stock, many people erroneously believe that the coins are either still silver or have been discontinued. They thus tend to hoard any they get in change, making it even more difficult for the denomination to circulate.
What else can I help you with?
What is the value of a 1968 Franklin halfdollar?
There is no such thing as a 1968 Franklin halfdollar. But there is a John F. Kennedy half dollar from 1968.
What is the silver content in present day US coins?
Coins struck for circulation in the US today have no silver in them.
Where were coins minted in 2010 and 2011?
Currently US coins are made at four mints. The Philadelphia and Denver mints make coins for circulation. The San Francisco makes proof coins sold to collectors and investors. The West Point mint makes special coins that are not put in circulation and are sold to the general public.
What was the last year us gold coins were minted?
1932 was the last year gold coins were struck for circulation.
What is the responsibility of the U.S. Mint?
Creation of all u.s. coins in circulation
What is the value of a 1968 Franklin halfdollar?
There is no such thing as a 1968 Franklin halfdollar. But there is a John F. Kennedy half dollar from 1968.
What was the first coin currently in circulation?
Coins have been used for thousands of years. The first British coins that are still currently in circulation are the 1 Penny and 2 Pence coins.
Why are there so few Commemorative coins in circulation?
Some commemorative coins such as the Five Pound coins and the early Two Pound coins are not intended for circulation, but as souvenirs of an event of national significance. People tend to keep Commemorative coins because they are Commemorative coins.
What happens to materials when used coins are removed from circulation?
These coins are melted and recycled.
Whose on the halfdollar?
John F. Kennedy
Why were there no British 20 Pence coins made in 1986?
There were sufficient 20 Pence coins in circulation already. Some 1986 20 pence coins were issued as part of Royal Mint sets, but these were Proof FDC coins not for general circulation.
What year was Australian money invented?
The first exclusively Australian coins were issued for circulation in 1910. Any coins circulated in Australia prior to 1910 were British coins. Occasionally there were coins from other countries suitably restruck for circulation in Australia.
Does the circulation of a coin drop its value Eg 50p coins from 2012 olympics?
The circulation of a coin does not drop its value eg. 50p coins from 2012 Olympics.
Are 1996 British One Pound coins in circulation?
The Royal Mint produced 89.886 million 1996 One Pound coins, many of which are still in circulation.
Is there any American coins?
Yes! There lots of American coins. Trillions are in circulation right now!
What is the Canadian Mint responsible for?
The Canadian Mint is responsible for the circulation of all of Canada's coins. In addition the Canadian Mint also manufactures circulation coins on behalf of other nations.
What are London 1991 Queen Elizabeth coins worth?
Assuming that you refer to British coins, the 1991 5, 10 and 50 Pence coins are no longer in circulation and have little or no value. The 1, 2 and 20 Pence coins and the One Pound coins are still in circulation and are worth those amounts respectively.
