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<p>[QUOTE=&quot;Michael K, post: 2834645, member: 78298&quot;]Not an ounce of silver, a silver dollar. A silver dollar does have 77% of an ounce.</p><p>I assume you could get silver quarters/halves. This ended in 1964.</p><p>&quot;On March 25, 1964, <a href="https://www.treasury.gov/about/history/Pages/cddillon.aspx" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.treasury.gov/about/history/Pages/cddillon.aspx" rel="nofollow">C. Douglas Dillon</a>, the 57th <a href="https://www.treasury.gov/about/role-of-treasury/Pages/default.aspx" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.treasury.gov/about/role-of-treasury/Pages/default.aspx" rel="nofollow">Secretary of the Treasury</a> announced that silver certificates would no longer be redeemable in silver dollars. This decision was pursuant to the Act of June 4, 1963 (31 U.S.C. 405a-1). The Act allowed the exchange of silver certificates for silver bullion until June 24, 1968. This was the deadline set by the Congress. Since that date, there has been no obligation to issue silver in any form in exchange for these certificates. You may be interested to know that the Congress took this action because there were approximately three million silver dollars remaining in the Treasury Department&#039;s vaults. These coins had high numismatic values, and there was no way to make an equitable distribution of them among the many people holding silver certificates.&quot;[/QUOTE]</p><p><br /></p>

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