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Hey Buddy, Can You Spare a Dime? Part 2
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<p>[QUOTE="johnmilton, post: 4355827, member: 101855"]The Roosevelt dime would remain unchanged from 1946 until 1965. By that time the price of silver had risen to point where Congress had to act. The Coinage Act of 1965 removed all of the silver from the dime and quarter and replaced it with the copper-nickel clad coinage. In a compromise, the half dollar was struck on a 40% silver clad planchet that retained the general look of the old 90% silver coinage.</p><p><br /></p><p><b>The Copper-Nickel Clad Roosevelt Dime, 1965 - Present</b></p><p><br /></p><p>[ATTACH=full]1101796[/ATTACH] [ATTACH=full]1101797[/ATTACH]</p><p><br /></p><p><br /></p><p>As inflation continues to eat at the value of our currency, the dime is gradually headed toward status of the cent and the nickel. Neither of those coin have much buying power, and it now costs the mint more to produce the cent and nickel than their face value. Sadly the dime might headed toward the same fate.</p><p><br /></p><p><b>The End! </b>[/QUOTE]</p><p><br /></p>
[QUOTE="johnmilton, post: 4355827, member: 101855"]The Roosevelt dime would remain unchanged from 1946 until 1965. By that time the price of silver had risen to point where Congress had to act. The Coinage Act of 1965 removed all of the silver from the dime and quarter and replaced it with the copper-nickel clad coinage. In a compromise, the half dollar was struck on a 40% silver clad planchet that retained the general look of the old 90% silver coinage. [B]The Copper-Nickel Clad Roosevelt Dime, 1965 - Present[/B] [ATTACH=full]1101796[/ATTACH] [ATTACH=full]1101797[/ATTACH] As inflation continues to eat at the value of our currency, the dime is gradually headed toward status of the cent and the nickel. Neither of those coin have much buying power, and it now costs the mint more to produce the cent and nickel than their face value. Sadly the dime might headed toward the same fate. [B]The End! [/B][/QUOTE]
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