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<p>[QUOTE=&quot;cladking, post: 1041359, member: 68&quot;]The Fed got a very large percentage of the silver that was still circulating in 1968 when they began removing it but by this time a lot had already been pulled out by hoarders.&nbsp; They continued removing it until mid-&#039;69 when there wasn&#039;t enough left to bother with.&nbsp; It was pretty much entirely gone by mid-&#039;70 though a few strays continued to show up from piggy banks and the like until about &#039;72.&nbsp; After this there was a statistically insignificant number and most of what has been found since that time are coins that have reenterred circulation.&nbsp; </p><p><br /></p><p>I&#039;d guess the goverment was able to recover about 15% of the mintage of 1964 dated silver in a year which was 50 to 60% of all these coins still in circulation at that time.&nbsp; In other words about two thirds of the silver was gone to attrition and hoiarding before the government acted.&nbsp; It did act almost as soon as the price of silver got high enough to warrant the effort to cull it out using simple inertial separators.[/QUOTE]</p><p><br /></p>

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