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<p>[QUOTE=&quot;Conder101, post: 1398237, member: 66&quot;]The Pitman Act melted the silver dollars to obtain silver to sell to Great Britain for a dollar an oz so they could use it for supporting the currency in India and for buying needed war materials (They needed hard commodities for that, they couldn&#039;t buy for paper)&nbsp; Part of the Act did require the government to replace all of the dollars melted down with newly mined US silver (A huge sop to the western mining interests.)&nbsp; I&#039;m not sure why they decided to start the recoining in 1921 instead of some other year such as 1919, 1920, or 1922.&nbsp; I haven&#039;t read the whole act.&nbsp; Possibly it contained a timeline.&nbsp; So many months are a cease fire was ratified.&nbsp; Or it may have been the governments way to try and stem the post war recession by pumping more money into the economy.[/QUOTE]</p><p><br /></p>

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