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Message:: [QUOTE="GDJMSP, post: 925334, member: 112"]Yes, there is. And it goes to the same point I made in the beginning of this. Even in 1964, the majority of people did not hoard the Kennedy half because of its silver content, they hoarded the coin because they thought it was going to be valuable some day - simply because of what it was. The fact that it was made of silver had nothing to do with it. All half dollars then were made of silver and they sure didn't hoard those. I used to literally watch people stand in line at a checkout counter and beg the cashier to sort through the halves and give them just the Kennedy halves. That continued for many years, even long after there was no silver in the coins anymore. Even today, common ordinary people will fall all over themselves trying to get half dollars, any half dollar, so they can stick them away in a jar or drawer someplace. This is because they have the mistaken perception that the coins are rare, that they are valuable, or will be. You can see the same thing with Ike dollars for God's sake. People are stupid, they believe all sorts of nonsense. These are the same people who buy all those gold plated state quarters, and pay $20 for a gold plated Buffalo sold on TV that contains 35 cents worth of gold. They have no idea of reality and they hoard half dollars, Ikes and all sorts of other junk ! It had absolutely nothing to do with Gresham's Law.[/QUOTE]