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<p>[QUOTE="MVC, post: 345144, member: 5290"]The demise of the half dollar began in earnest in 1964. It likely began sooner but in 1964, everybody wanted to get the new Kennedy half. The Kennedy half was hoarded like no other coin. When the silver content changed for 1965, it was likely hoarded even more. The sentiment for Kennedy was overwhelming so these were hoarded. Even though production totaled over 400 million in 1964, people could not get enough of them. To put than into perspective, the highest total ever for a Franklin half was over 92 million in 1963 (both P and D) and the second highest was around 50 million. Even when the composition changed to clad in 1971, people still hoarded them. I remember my grandmother keeping every ½ dollar she got. By now, people had become accustomed to using quarters and not seeing half dollars in circulation. I am 45. In the 70’s I do not recall any vending machines taking them. Pop from a pop machine cost a quarter so I never grew up using them. Anybody older recall vending machines accepting half dollars?</p><p><br /></p><p>Anyway, production totals for each year through 1976 typically ran 100-200 million, with the expectation of a few years. The Bicentennial coin again created demand/hoarding (yes my grandmother kept every one of those also). Total production for the 1976 version totaled over 500 million. From there production totals dropped dramatically, never again going over 100 million. In the 90’s, production totals were typically from 30 to 50 million. Finally, in 2002, production fell to a scant 5.6 million and these coins were only available for sale through the mint. This has been the case ever since.</p><p><br /></p><p>Anybody here old enough to remember the 40’s and 50’s? Did retail use half dollars during this period?[/QUOTE]</p><p><br /></p>
[QUOTE="MVC, post: 345144, member: 5290"]The demise of the half dollar began in earnest in 1964. It likely began sooner but in 1964, everybody wanted to get the new Kennedy half. The Kennedy half was hoarded like no other coin. When the silver content changed for 1965, it was likely hoarded even more. The sentiment for Kennedy was overwhelming so these were hoarded. Even though production totaled over 400 million in 1964, people could not get enough of them. To put than into perspective, the highest total ever for a Franklin half was over 92 million in 1963 (both P and D) and the second highest was around 50 million. Even when the composition changed to clad in 1971, people still hoarded them. I remember my grandmother keeping every ½ dollar she got. By now, people had become accustomed to using quarters and not seeing half dollars in circulation. I am 45. In the 70’s I do not recall any vending machines taking them. Pop from a pop machine cost a quarter so I never grew up using them. Anybody older recall vending machines accepting half dollars? Anyway, production totals for each year through 1976 typically ran 100-200 million, with the expectation of a few years. The Bicentennial coin again created demand/hoarding (yes my grandmother kept every one of those also). Total production for the 1976 version totaled over 500 million. From there production totals dropped dramatically, never again going over 100 million. In the 90’s, production totals were typically from 30 to 50 million. Finally, in 2002, production fell to a scant 5.6 million and these coins were only available for sale through the mint. This has been the case ever since. Anybody here old enough to remember the 40’s and 50’s? Did retail use half dollars during this period?[/QUOTE]
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