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The half dollar, sometimes referred to as the half for short or 50-cent piece, is a United States coin worth 50 cents, or one half of a dollar.In both size and weight, it is the largest circulating coin currently minted in the United States, [1] being 1.205 inches (30.61 millimeters) in diameter and 0.085 in (2.16 mm) in thickness, and is twice the weight of the quarter.
Lettered Edge, 1807–1836 (Silver) Year Mint Mintage [4] Comments 1807 (P) 750,500 Small/large stars, 50 over 20, and Bearded Liberty varieties. 1808
Half dollars struck from 1965 to 1969 for circulation and in 1970 for collectors also incorporated cladding, albeit in the case of those coins, the core was a mixture of 20.9% silver and 79.1% copper, and its clad layer was 80% silver and 20% copper. Half dollars struck since 1971 are produced identically to the dimes and quarters.
The half dollar was changed from 90% silver to 40%. [18] Congress passed the Coinage Act of 1965 in July. [19] The new half dollars retained their silvery appearance, due to the outer layer being 80% silver and 20% copper. The coin was also minted with an inner layer of 21% silver and 79% copper.
The half dollar was priced at $1, and the quarter eagle at $4; however they did not sell well and the Commission's belief it could sell the entire mintage proved wildly optimistic. Although six million people visited the Exposition, 859,408 of the 1,000,000 half dollars were returned to the mint for melting.
The Franklin half dollar was struck in relatively small numbers in its first years, [9] as there was limited demand due to a glut of Walking Liberty halves. No half dollars were struck at Denver in 1955 and 1956 due to a lack of demand for additional pieces. [20] The San Francisco Mint closed in 1955; it did not reopen until 1965. [21]
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The Statue of Liberty-Ellis Island Commemorative Coin Act (Pub. L. 99–61) authorized the production of three coins, a clad half dollar, a silver dollar, and a gold half eagle, to commemorate the centennial of the Statue of Liberty (Liberty Enlightening the World). The act allowed the coins to be struck in both proof and uncirculated finishes. [4]