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Pre 1964 junk silver: how much is existing today?
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<p>[QUOTE="Conder101, post: 1696151, member: 66"]From 1968, possibly late 1967, through about 1971 all of the dimes, quarters, and halves that were surplus at the banks and were shipped back tot he Fed were run through a machine that separated the silver from the clad. The clad went into storage for return to circulation when banks requested coins. The silver was returned to the mint for melting. (At the same time the official line from the government was that there was no reason to hoard the silver coins and that the silver and clad coins would circulate side by side for many many years to come.) The only reason the Fed stopped doing this was because the percentage of silver coins still in circulation had dropped so low it was no longer practical to run the machines. So while there was no "official" withdrawal, in actual practice the government did do their best to withdraw as much as they could "unofficially".[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 1696151, member: 66"]From 1968, possibly late 1967, through about 1971 all of the dimes, quarters, and halves that were surplus at the banks and were shipped back tot he Fed were run through a machine that separated the silver from the clad. The clad went into storage for return to circulation when banks requested coins. The silver was returned to the mint for melting. (At the same time the official line from the government was that there was no reason to hoard the silver coins and that the silver and clad coins would circulate side by side for many many years to come.) The only reason the Fed stopped doing this was because the percentage of silver coins still in circulation had dropped so low it was no longer practical to run the machines. So while there was no "official" withdrawal, in actual practice the government did do their best to withdraw as much as they could "unofficially".[/QUOTE]
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Pre 1964 junk silver: how much is existing today?
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