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When did half dollars disappear from circulation?
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<p>[QUOTE="superc, post: 1823948, member: 44079"]When I was a youngster in the very early 60s I could (and did) walk into the Dollar Savings Bank or the First National City Bank and easily exchange $1 bills for both silver dollars and half dollars. Sometime around 63 they stopped giving me silver dollars, the were out of them they said. But I still got half dollars with no problem. </p><p><br /></p><p>Two things killed that. One was the clad dollar. The big one was the Federal Govt. deciding (1965?) that they would no longer redeem or accept silver certificates. Suddenly the bank no longer wanted to hand over those silver halfs. Instead us kids were supposed to want the Kennedy's. Yeah sure, one or two while they were silver. When clad came out and I walked in with some paper bills I watched a teller pick through the halves and give me only the clads. She said that was bank policy. I didn't want them. I wasn't alone. No one got to vote on it.</p><p><br /></p><p>Of course back then DC's money experts (crooks all) viewed inflation as good. To launch it we had to come off the silver standard. Pretty similar to the crime of 1873, but for different motivations (USSR, Marshall Plan, balance of trade in a post WWII environment, etc.). As an ad I was looking at recently pointed out (correctly), in the 60s you could buy 4 gallons of gas with two halfs, or a silver dollar (or a paper one). Today the silver dollar is still worth 4 gallons of gas, but the paper dollar only buys you 1/3 of one gallon (even less in some places).[/QUOTE]</p><p><br /></p>
[QUOTE="superc, post: 1823948, member: 44079"]When I was a youngster in the very early 60s I could (and did) walk into the Dollar Savings Bank or the First National City Bank and easily exchange $1 bills for both silver dollars and half dollars. Sometime around 63 they stopped giving me silver dollars, the were out of them they said. But I still got half dollars with no problem. Two things killed that. One was the clad dollar. The big one was the Federal Govt. deciding (1965?) that they would no longer redeem or accept silver certificates. Suddenly the bank no longer wanted to hand over those silver halfs. Instead us kids were supposed to want the Kennedy's. Yeah sure, one or two while they were silver. When clad came out and I walked in with some paper bills I watched a teller pick through the halves and give me only the clads. She said that was bank policy. I didn't want them. I wasn't alone. No one got to vote on it. Of course back then DC's money experts (crooks all) viewed inflation as good. To launch it we had to come off the silver standard. Pretty similar to the crime of 1873, but for different motivations (USSR, Marshall Plan, balance of trade in a post WWII environment, etc.). As an ad I was looking at recently pointed out (correctly), in the 60s you could buy 4 gallons of gas with two halfs, or a silver dollar (or a paper one). Today the silver dollar is still worth 4 gallons of gas, but the paper dollar only buys you 1/3 of one gallon (even less in some places).[/QUOTE]
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When did half dollars disappear from circulation?
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