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<p>[QUOTE=&quot;Troodon, post: 212704, member: 4626&quot;]Well as I&#039;ve ponited out in other threads, three things caused people to hoard the Kennedy away when it first came out in 1964:</p><p><br /></p><p>1. Novelty of a new coin design that just replaced the Franklin half dollar</p><p><br /></p><p>2. Commemorated JFK, a popular president who was just assasinated</p><p><br /></p><p>3. People new that silver was on the way out, so they hoarded this away thinking it would be valuable later (as well as any other silver coins, including all pre-Kennedy halves)</p><p><br /></p><p>In a futile effort to keep people from hoarding half dollars, they lowered the silver content to 40%.&nbsp; Didn&#039;t work, people still hoarded them and they were hardly circulated anymore.</p><p><br /></p><p>By 1971 when they made them copper/nickel clad, people had gone 7 years without half dollars circulating much; cash registers rarely left a slot for them anymore, banks quit ordering them very much, and people had just learned to do without them.&nbsp; Nowadays except for in or near casinos where they&#039;re used in slot machines and at blackjack tables (so casinos don&#039;t need to make a 50 cent chip or token), they hardly ever see circulation.&nbsp; They still mint them every year but they haven&#039;t been minted for the sake of general circulation since 2001.</p><p><br /></p><p>Basically you can say that Kennedy killed the half dollar as a common circulating coin.[/QUOTE]</p><p><br /></p>

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