"Where our silver went in 1919".... or "We''ll never
PhillyJoe
Posts: 2,701 ✭✭✭✭
...know what the real Morgan pops are"
The Pittman Act of April 23, 1918 authorized the melting of silver dollars, not to exceed 350,000,000, from the large stock in the United States Treasury. Melting commenced immediately after the Act was passed, and by May 1919, 259,121,554 silver dollars had been melted. The resulting silver bullion was sold to Great Britian for $1 an ounce plus a small refining charge.
-Report of the Director of the Mint.
Joe
The Pittman Act of April 23, 1918 authorized the melting of silver dollars, not to exceed 350,000,000, from the large stock in the United States Treasury. Melting commenced immediately after the Act was passed, and by May 1919, 259,121,554 silver dollars had been melted. The resulting silver bullion was sold to Great Britian for $1 an ounce plus a small refining charge.
-Report of the Director of the Mint.
Joe
The Philadelphia Mint: making coins since 1792. We make money by making money. Now in our 225th year thanks to no competition. 
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