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The Coinage Act of 1965, Pub. L. 89–81, 79 Stat. 254, enacted July 23, 1965, eliminated silver from the circulating United States dime (ten-cent piece) and quarter dollar coins. It also reduced the silver content of the half dollar from 90 percent to 40 percent; silver in the half dollar was subsequently eliminated by a 1970 law.
The Coinage Act of 1965 removed all silver from quarters and dimes, which were 90% silver prior to the act. However, there was a provision in the act allowing some coins to contain a 40% silver consistency, such as the Kennedy Half Dollar. Later, even this provision was removed, with the last circulating silver-content halves minted in 1969.
In the postwar years, Congress and the Treasury considered a revision of the coinage laws, as the act of 1837 was deemed outdated. Retention of the two-cent piece was never seriously considered in the debates over what became the Mint Act of 1873 ; the only question concerning the minor coinage was whether to make the cent from bronze or copper ...
Prior to 1965 and passage of the Coinage Act of 1965 the composition of the dime, quarter, half-dollar and dollar coins was 90% silver and 10% copper. The half-dollar continued to be minted in a 40% silver-clad composition between 1965 and 1970.
Most such laws are found in Title 31, Subtitle IV, Chapter 51 of the United States Code (31 U.S.C. ch. 51). Subcategories. ... Coinage Act of 1873; Coinage Act of 1965;
1 Coinage Act of 1965. Toggle Coinage Act of 1965 subsection. 1.1 Comments from Jim. 1.2 Support Comments by Sturmvogel_66 [Includes image review] 1.3 Source review.
With the Coinage Act of 1965, the Mint transitioned to striking clad coins, made from a sandwich of copper nickel around a core of pure copper. There are no mint marks on coins dated from 1965 to 1967, as the Mint made efforts to discourage the hoarding that it blamed for the coin shortages that had preceded the 1965 act. [29]
Congress passed the Coinage Act of 1965 in July, under which the Mint transitioned from striking 1964-dated silver quarters to striking 1965-dated clad quarters. [35] Beginning on August 1, 1966, the Mint began to strike 1966-dated pieces, and thereafter it resumed the normal practice of striking the current year's date on each piece. [36]