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<p>[QUOTE="steve63, post: 2472738, member: 76463"]Silver disappeared from circulation rapidly once the mint switched to clad in the mid 1960s, mainly because people started hoarding silver like crazy. It got so bad that a coin shortage ensued and Congress passed a law that outlawed melting and ordered the removal of mint marks from US coins (hoping that would reduce the number of coins being hoarded by collectors). This explains why the mintage numbers for the mid-1960s were astronomical as the mint furiously attempted to replace the rapidly disappearing silver by operating 24/7. By 1967, clad coins had pretty much replaced all the silver and Congress felt comfortable enough at that point to end the melting ban and allow the restoration of mint marks for the following year (1968). </p><p><br /></p><p>I was a coin roll hunter as a kid back in the 1970s and silver was almost as rare to find in circulation then as it is now. That's because it almost all disappeared in a year or two after 1965.[/QUOTE]</p><p><br /></p>
[QUOTE="steve63, post: 2472738, member: 76463"]Silver disappeared from circulation rapidly once the mint switched to clad in the mid 1960s, mainly because people started hoarding silver like crazy. It got so bad that a coin shortage ensued and Congress passed a law that outlawed melting and ordered the removal of mint marks from US coins (hoping that would reduce the number of coins being hoarded by collectors). This explains why the mintage numbers for the mid-1960s were astronomical as the mint furiously attempted to replace the rapidly disappearing silver by operating 24/7. By 1967, clad coins had pretty much replaced all the silver and Congress felt comfortable enough at that point to end the melting ban and allow the restoration of mint marks for the following year (1968). I was a coin roll hunter as a kid back in the 1970s and silver was almost as rare to find in circulation then as it is now. That's because it almost all disappeared in a year or two after 1965.[/QUOTE]
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Silver in Circulation
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