When the Kennedy Half Dollars came out people were hoarding them to honor the fallen President. Same year was the last year for 90% silver in circulating coins.
Hoarders pulled Walkers and Franklins. Didn't have to look at the date to see if it was silver. They are still worth a premium to 90% quarters and dimes.
Kennedys were silver (1964) then 40%, then junk. Never understood the 40% phase.
Vending machines started taking bills. So it was nickels, dimes, quarters, bills.
Yes, I am 69 and Mercs circulated widely along with Walkers. By the time I started to notice (1954-1955?) SLQs were very rare in circulation. Banks still had Silver Dollars for a paper dollar.
Comments
Menomonee Falls Wisconsin USA
http://www.pcgs.com/SetRegistr...dset.aspx?s=68269&ac=1">Musky 1861 Mint Set
the fallen President. Same year was the last year for 90% silver in circulating coins.
Hoarders pulled Walkers and Franklins. Didn't have to look at the date to see
if it was silver. They are still worth a premium to 90% quarters and dimes.
Kennedys were silver (1964) then 40%, then junk. Never understood the 40% phase.
Vending machines started taking bills. So it was nickels, dimes, quarters, bills.
Yes, I am 69 and Mercs circulated widely along with Walkers. By the time I started
to notice (1954-1955?) SLQs were very rare in circulation. Banks still had Silver Dollars for
a paper dollar.