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How did the U.S. switch from silver to clad occur in 1965?
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<p>[QUOTE="09S-V.D.B, post: 165376, member: 4379"]I am interested in the U.S.'s switch from 90% silver to clad composition and how this may be a precursor to a future composition change of the cent and nickel. Firstly, how did the government implement this plan? Did they announce to the public a composition switch would occur before they began minting clads? If so, was the announcement days/weeks/months/years before the Mint began producing the new composition? I understand silver 1964-dated coins were struck up until the late 60's, possibly into the 70's, though this was apparently to use left-over silver planchets. Also, did people begin to hoard silver prior to 1964? (Silver prices were on the up-and-up, so I don't think this is totally unexpected) After clad began circulating, how quickly did silver cease to circulate? I am especially interested in hearing first-hand stories if anyone remembers this time period. </p><p><br /></p><p>Thanks, </p><p>09S-V.D.B[/QUOTE]</p><p><br /></p>
[QUOTE="09S-V.D.B, post: 165376, member: 4379"]I am interested in the U.S.'s switch from 90% silver to clad composition and how this may be a precursor to a future composition change of the cent and nickel. Firstly, how did the government implement this plan? Did they announce to the public a composition switch would occur before they began minting clads? If so, was the announcement days/weeks/months/years before the Mint began producing the new composition? I understand silver 1964-dated coins were struck up until the late 60's, possibly into the 70's, though this was apparently to use left-over silver planchets. Also, did people begin to hoard silver prior to 1964? (Silver prices were on the up-and-up, so I don't think this is totally unexpected) After clad began circulating, how quickly did silver cease to circulate? I am especially interested in hearing first-hand stories if anyone remembers this time period. Thanks, 09S-V.D.B[/QUOTE]
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How did the U.S. switch from silver to clad occur in 1965?
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