What If The 1964 Peace Dollar Was Released Into Circulation?

What if the US mint made and released the 1964 peace dollar into circulation, how many years would it stay in circulation, would they have made them into clad coins later on, what would be the final end date for the peace dollar?

 

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Don't know, but we would collect them.

 

I am guessing it would have run 1964-1969/1970, stopping after 40% Silver Kennedy halves ended. Makes me wonder if there would have been a 40% Silver Peace Dollar during that run?

 

at the time, (1964) people were culling silver coinage as fast as it was being produced, so to answer your question about how long they'd circulate, I'd say not long.

As far as would they have made them clad, likely not. The Ike dollar was made as a tribute after he died in 1969 and was designed in 1970. The law that authorized the 1964 date freeze outlawed the coining of silver dollars until 1971, so with these two facts, if they had made them in 1964-1970, they likely would have been replaced with a clad Ike dollar in 1971 anyway.

 

That would be pretty neat to bring back the peace dollar but PULEEEEEEEZEEEEEEEE bring back the MORGAN!

 

The US Mint apparently experimented with striking large copper-nickel clad dollar coins in 1970, in preparation for the Eisenhower dollar. Reports indicate that those test strikes were "1970" Peace Dollars, and all such pieces were destroyed.

Yes, I may do "1970" Peace Dollar over-strikes at some point, probably two years from now (2020) on the 50th anniversary of 1970.

 

Great to know, especially considering the fact no one asked.

 

lol

 

Maaannnn..... tough crowd we are!

 

If a 1970 overstrike is made in 2 years I'm getting one.

 

What if it was? But it wasn't so it is a pointless question. But to ask what if it were is an interesting question.

 

Sign me up for one. Or two. Lol

 

Why not go all out and get 3, lol.

 

I wonder if the peace dollar were struck on the modern golden dollar blanks would it be a successful circulating coin?

 

Would be better than tha sacs but still a miserable failure. The mints version of the golden dollars are terrible, they look like Chuck E. Cheese tokens and turn ugly colors real quick

 

If a circulating silver 1964 Peace had been issued, it would have been totally hoarded. Just a guess, but I imagine it would be fairly cheap and plentiful in MS grades today.

 

You're welcome

 

They did, at least for half the coin

 

If they had been released they would not have circulated at all. Even before they were test struck dealers were running buy adds for all they could get at $7 to $8 apiece.

The original law that froze the 1964 date (public law 88-580) did NOT forbid the striking of dollars to 1971. The coinage act of did forbid the coinage of standard (90% silver of 412.5 grains) for five years. Although it did not authorize clad dollar coins, it did not forbid them, so if dollars were struck after that they would have almost certainly have been clad.

 

The coinage act of 1964 forbid the striking of silver dollars for 5 years