What If The 1964 Peace Dollar Was Released Into Circulation?

I can't find a Coinage act of 1964. Can you point it out? I can find the 1964 law that froze the dates (public law 88-580), it doesn't ban silver dollars. The coinage act of 1965 bans STANDARD silver dollars (that would be 412 1/2 gran 90% silver), it doesn't ban dollar coins so clad dollars would be OK. Although they would have to write legislation to authorize the clad composition be used for dollars as that isn't in the act of 1965. (Which they did when they authorized the Ike dollar) Or course if you are writing legislation they could also have written it to overturn the ban on standard dollars. You can always overturn previous legislation with new legislation. The Act of 1965 also banned mintmarks for five years, but we got them back after just three. New legislation. So the five year ban in the Act of 1965 didn't really mean much. Kind of like multi-year spending plans. They don't mean anything because the next year when they write their sending plan they don't have to include them and their new legislation overrides the last years and that spending commitment goes away. (Sorry if that part is too political)

 

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Yes, conder, it was the coinage act of 1965 and I thought the comment asked about making standard silver dollars, hence my reply.

 

Please, do not ruin the Peace Dollar and Morgan by re-issuing it. Bad enough the WLH and St. Gaudens designs are on bullion coins.

 

Amen it’s kind of tarnished my liking for them actually especially with the uninspiring reverse and the sterile uniformity of modern coinage