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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 "silver series" of Washington quarters spans from 1932 to 1964; during many years in the series it will appear that certain mints did not mint Washington quarters for that year. No known examples of quarters were made in 1933, San Francisco abstained in 1934 and 1949, and stopped after 1955, until it resumed in 1968 by way of making proofs.
In the United States, this is taken to mean pre-1964 90% silver dimes, quarters and half-dollars; $1 face value of those circulated coins contains 0.715 troy ounce (22.2 grams) of fine silver. [26] All 1965-1970 and some 1976 Kennedy half dollars are minted with a 40% silver composition.
Here’s a look at seven other bicentennial quarters that have sold for more than $1,000, according to the CoinValueChecker website: 1976-S Silver Proof Bicentennial Quarter: sold for $13,500 in 2019.
On June 3, 1965, President Lyndon Johnson announced plans to eliminate silver from the dime and quarter in favor of a clad composition, with layers of copper-nickel on each side of a layer of pure copper. The half dollar was changed from 90% silver to 40%. [34]
The half-dollar continued to be minted in a 40% silver-clad composition between 1965 and 1970. Dimes and quarters from before 1965 and half-dollars from before 1971 are generally not in circulation due to being removed for their silver content. Some modern commemorative coins have been minted in the silver dollar denominations.