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<p>[QUOTE=&quot;toddestan, post: 165646, member: 6366&quot;]I&#039;ve heard the opposite, that people hoarded the silver, and by the late 60&#039;s the mint stopped it&#039;s efforts to seperate and remove the silver coinage from circulation because there were so few silver coins left circulating.</p><p><br /></p><p>Another important note is that silver wast not removed from the half dollar until 1971, though the amount of silver was reduced from 90% to 40%.&nbsp; Even though the amount of silver was worth less than face value at the time, Gresham’s law still came into play and people hoarded the 1965-1969 half dollars**, prefering to spend the non-silver dimes and quarters.&nbsp; Combined with the fact that people also were hoarding the JFK half dollars as a mementos meant that the entire 50 cent denomination was effectively gone from circulation.&nbsp; Even though the half dollar went to copper nickel clad in 1971, it has never come back as a widely circulating coin.</p><p><br /></p><p>I&#039;ve also heard that the 1964D peace dollars that were supposedly all melted down were actually minted in 1965.&nbsp; Does anyone know if this is true or not?</p><p><br /></p><p>**The 1970 half dollar was a 40% silver coin too, but it was a mint set only coin and none were struck for circulation.[/QUOTE]</p><p><br /></p>

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