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50th Anniversary of the Kennedy Half Dollar in 2014
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<p>[QUOTE="tomsimons, post: 772312, member: 5450"]EDIT: Geez, too slow!</p><p><br /></p><p>How about price level changes? Back in '63, you could buy quite a few things for less than a dollar, thus a large .50 coin had a considerably greater place in everyday transactions. As prices of everything rose through the 70s, I'm fairly sure that even if the design hadn't changed, the coins would have fallen out of favor for a similar reason that they're not really all that popular today... they aren't convenient and they are really unnecessary and awkward. Their former appeal was likely due to their use as a similar denomination as $1.00 in today's commerce. You could give a kid a half spending money or run to the gas station and buy a pack of cigarettes (or a substantial quantity of gas!)... After the inflation of the 70s, tax increases, and the energy crises, the half was no longer appropriate for that.</p><p><br /></p><p>The general public doesn't even look at coin designs so while I understand the argument that Kennedy's popularity caused some hoarding, they made A LOT of them in 1964 and to a lesser degree the years following... there should have been enough. </p><p><br /></p><p>Just my $0.02...[/QUOTE]</p><p><br /></p>
[QUOTE="tomsimons, post: 772312, member: 5450"]EDIT: Geez, too slow! How about price level changes? Back in '63, you could buy quite a few things for less than a dollar, thus a large .50 coin had a considerably greater place in everyday transactions. As prices of everything rose through the 70s, I'm fairly sure that even if the design hadn't changed, the coins would have fallen out of favor for a similar reason that they're not really all that popular today... they aren't convenient and they are really unnecessary and awkward. Their former appeal was likely due to their use as a similar denomination as $1.00 in today's commerce. You could give a kid a half spending money or run to the gas station and buy a pack of cigarettes (or a substantial quantity of gas!)... After the inflation of the 70s, tax increases, and the energy crises, the half was no longer appropriate for that. The general public doesn't even look at coin designs so while I understand the argument that Kennedy's popularity caused some hoarding, they made A LOT of them in 1964 and to a lesser degree the years following... there should have been enough. Just my $0.02...[/QUOTE]
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50th Anniversary of the Kennedy Half Dollar in 2014
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