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<p>[QUOTE="Treashunt, post: 1594440, member: 6763"]Aiden:</p><p> The 1921 dollars were struck to replace the silver that was melted during WW I for the war effort.</p><p>The Pittman Act required the melting of 350,000,000 dollars in order to sell the silver to England. Actually, 259,121,554 were melted for this purpose plus another 11 milion for conversion into minor silver coinage.</p><p> Pressure from the silver lobby included a clause in the act that required the replacement of the silver dollars.</p><p> In 1921 over 86 million dollars were minted (frm all three mints) since the new dies (for the Peace dollars) were not yet ready.</p><p> So, yes and no, perhaps they were not directly authorized by Congress, but indirectly they were required to be made.[/QUOTE]</p><p><br /></p>
[QUOTE="Treashunt, post: 1594440, member: 6763"]Aiden: The 1921 dollars were struck to replace the silver that was melted during WW I for the war effort. The Pittman Act required the melting of 350,000,000 dollars in order to sell the silver to England. Actually, 259,121,554 were melted for this purpose plus another 11 milion for conversion into minor silver coinage. Pressure from the silver lobby included a clause in the act that required the replacement of the silver dollars. In 1921 over 86 million dollars were minted (frm all three mints) since the new dies (for the Peace dollars) were not yet ready. So, yes and no, perhaps they were not directly authorized by Congress, but indirectly they were required to be made.[/QUOTE]
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