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<p>[QUOTE="medoraman, post: 1973902, member: 26302"]The half dollar had nothing to do with moving Proof set production. They really were not sure if they would ever make proof sets again at the time they stopped making them in 1964. Many collectors have forgotten how villified we were in the 60's by the mint and the general public. The government put all of the blame of the coin shortage, caused by Gresham's law, on coin collectors. So, to "punish" us, they removed all mintmarks from coins and discontinued proof sets, blaming all coinage issues on us instead of the very normal reaction under Gresham's Law for silver coinage to disappear from circulation.</p><p><br /></p><p>To be a little fair, the bag hoarding craze was going strong, and this could be somewhat disruptive to commerce on occasions, so we were not completely innocent. However, Gresham's Law was 100 times more powerful of a cause for what was going on, but coin collectors were a convenient scapegoat.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1973902, member: 26302"]The half dollar had nothing to do with moving Proof set production. They really were not sure if they would ever make proof sets again at the time they stopped making them in 1964. Many collectors have forgotten how villified we were in the 60's by the mint and the general public. The government put all of the blame of the coin shortage, caused by Gresham's law, on coin collectors. So, to "punish" us, they removed all mintmarks from coins and discontinued proof sets, blaming all coinage issues on us instead of the very normal reaction under Gresham's Law for silver coinage to disappear from circulation. To be a little fair, the bag hoarding craze was going strong, and this could be somewhat disruptive to commerce on occasions, so we were not completely innocent. However, Gresham's Law was 100 times more powerful of a cause for what was going on, but coin collectors were a convenient scapegoat.[/QUOTE]
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