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<p>[QUOTE=&quot;Texas John, post: 1036836, member: 25813&quot;]I don&#039;t think the government much cared about people hoarding half dollars, which then as now barely circulated. I seem to remember some talk at the time about the need to retain a &quot;prestige&quot; coin. The Canadians abandoned silver coinage in 1968 because the price of silver first exceeded $2 US in 1967, after hovering around $1.30 in the prior years. In 1970, the last year of the 40% half, the price went down to $1.60, meaning it only contained twenty-six cents worth of silver. It wasn&#039;t until 1973 that its intrinsic value exceeded face.[/QUOTE]</p><p><br /></p>

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