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What If The U.S. Mint Made 40% silver Dimes And Quarters From 1965-1970?
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<p>[QUOTE="Conder101, post: 3153983, member: 66"]If they had made only 40% silver coins and no clad, then no they probably wouldn't have hoarded them UNTIL the price of silver had risen to the point where the value of the silver in the 40% silver coins exceeded the face value. In other words not until silver exceeded $1.74 an oz which happened in July of 1967. So 40% silver dimes and quarters would only have evaded hoarding for about three years. It would merely have been a stop gap measure.[/QUOTE]</p><p><br /></p>
[QUOTE="Conder101, post: 3153983, member: 66"]If they had made only 40% silver coins and no clad, then no they probably wouldn't have hoarded them UNTIL the price of silver had risen to the point where the value of the silver in the 40% silver coins exceeded the face value. In other words not until silver exceeded $1.74 an oz which happened in July of 1967. So 40% silver dimes and quarters would only have evaded hoarding for about three years. It would merely have been a stop gap measure.[/QUOTE]
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