The Coinage Act of 1965 had a built-in five year ban on the coinage of dollar coins. They could not issue them in 1970, but they could and did get the designs ready. Naturally the working models bore the current date.
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
@CaptHenway said:
The Coinage Act of 1965 had a built-in five year ban on the coinage of dollar coins. They could not issue them in 1970, but they could and did get the designs ready. Naturally the working models bore the current date.
Interesting. Do you know why there was a 5 year moratorium? Seems arbitrary and a bit odd given the US hadn't released a dollar coin in 30 years. Were they that scarred by the 1964 peace dollars?
@CaptHenway said:
The Coinage Act of 1965 had a built-in five year ban on the coinage of dollar coins. They could not issue them in 1970, but they could and did get the designs ready. Naturally the working models bore the current date.
Interesting. Do you know why there was a 5 year moratorium? Seems arbitrary and a bit odd given the US hadn't released a dollar coin in 30 years. Were they that scarred by the 1964 peace dollars?
Yes. It was a direct response to the 1964-D Peace Dollar fiasco.
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
@CaptHenway said:
The Coinage Act of 1965 had a built-in five year ban on the coinage of dollar coins. They could not issue them in 1970, but they could and did get the designs ready. Naturally the working models bore the current date.
Interesting. Do you know why there was a 5 year moratorium? Seems arbitrary and a bit odd given the US hadn't released a dollar coin in 30 years. Were they that scarred by the 1964 peace dollars?
Yes. It was a direct response to the 1964-D Peace Dollar fiasco.
Don’t know why that particular number was picked. Perhaps it was to kick the can down the road a certain number of election cycles.
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
Comments
This article from the spring on 1971 doesn’t say but it does show 1970 galvanoes.
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Only ones dated 1970 were struck by Daniel Carr
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The Coinage Act of 1965 had a built-in five year ban on the coinage of dollar coins. They could not issue them in 1970, but they could and did get the designs ready. Naturally the working models bore the current date.
The Ike dollar is an interesting series of coins with many varieties. A big collectors project to assemble them all. Cheers, RickO
Interesting. Do you know why there was a 5 year moratorium? Seems arbitrary and a bit odd given the US hadn't released a dollar coin in 30 years. Were they that scarred by the 1964 peace dollars?
Yes. It was a direct response to the 1964-D Peace Dollar fiasco.
Why 5 years? Hoping LBJ was gone?
Don’t know why that particular number was picked. Perhaps it was to kick the can down the road a certain number of election cycles.