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<p>[QUOTE=&quot;jackeen, post: 139251, member: 5683&quot;]By 1964, silver was approaching $1.29 an ounce, the point where a subsidary US silver coin had a melt value exceeding face value. As it crossed the threshold, there was a general fear that all the silver coins would be pulled from circulation, crippling commerce. </p><p><br /></p><p>Throughout 1964 and into 1965, massive quantities of 1964 dated coins were minted and dumped into circulation, the idea being there would be so many so easily obtainable that people&#039;s hoarding instincts would be quenched. Massive quantities of 1965 dated clad coins were minted and stored, ready to take the place of the silver coins once minting of them was stopped for good. The perceived need for a &quot;prestige&quot; coin prevented the half from going non-silver all at once. it finally went non-silver in 1971, being 40% silver form 1965 to 1970.</p><p><br /></p><p>I don&#039;t know the details of other countries switch over as well. England went from sterling silver coins to 50% silver in 1920, and to no silver at all in 1947. Irish coins lost their silver shortly thereafter, in 1950.[/QUOTE]</p><p><br /></p>

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