Did you know that .9 1964 coins were made until 1966?

[henrysmedford]

I just read this from the mints website http://www.usmint.gov/faqs/circulating_coins/

When the Coinage Act of 1965 was passed, it became mandatory that the Mint continue to use the 1964 date on all 90 percent silver coins (half-dollar coins, quarter-dollar coins, and 10-cent coins). Therefore, all of the 90 percent silver coins that the Mint manufactured in 1964, 1965, and 1966 bears the date 1964. The last of the 90 percent silver quarter-dollar coins was struck in January 1966, the last of these 10-cent coins was struck in February 1966, and the last of these half-dollar coins was struck in April 1966. The Coinage Act of 1965 also made it mandatory that the clad coins be dated not earlier than 1965. Therefore, all of the clad coins actually manufactured in 1965 bear the 1965 date. All of the clad coins made through July 31, 1966, bear the 1965 date. The first clad 10-cent coin was struck in December 1965, the first clad quarter-dollar coin was struck in August 1965 and the first clad half-dollar coin was struck in December 1965. In December 1965, the decision was made to change the 1964 date on the five-cent coins and the one-cent coins to 1965, as one step in catching up on normal coin dating. From December 1965 through July 31, 1966, all one-cent coins and five-cent coins were struck with the 1965 date.

All denominations of United States coins minted from August 1 through December 31, 1966, carried the 1966 date. Normal dating procedures were resumed on January 1, 1967, and continued through 1974. Legislation was enacted in 1973 authorizing design changes in the reverse designs of the one-dollar coins, the half-dollar coin and the quarter-dollar coin in observance of the Nation's Bicentennial, and the adoption of a symbolic date (1776-1976) in place of the usual single year designation. The only single-dated coins issued during 1975 and 1976 were the 10-cent coin, the five-cent coin, and the one-cent coin. Beginning on January 1, 1977, the Bicentennial designs were retired and both the designs and dating procedures in use prior to the national celebration are now in force.

[Country]

Yes indeed. LBJ did it because of the looming coin shortage. In 1965 and 1966, mixed bags of clads and 90% were sent from the Fed upon request from the banks. 100% 90% bags were held in reserve by the Fed and not distributed; probably later melted into the USA's strategic stockpile.

LBJ was so afraid of coins being hoarded that even proof sets were discontinued in 1965-1967. Also, to avoid further collector hoarding, mint marks were deleted from all coins until 1968 even though the non-Philadelphia mints were producing coins too.

[beauanderos]

I knew that 64's were struck in 65... I didn't realize it extended a few months into 66. Thanks for the post, very interesting

[68Camaro]

Yep - knew that. Partly because I've read all the coin acts...

That's one reason why the 64 JFK is (if I'm not mistaken) the single most minted silver coin in history. 500+ million copies dated 1964. No chance of it ever being numismatically collectable except for obscure errors or unusual perfect proofs.

[beauanderos]

That's one reason why the 64 JFK is (if I'm not mistaken) the single most minted silver coin in history.

Oh...oh... I can't let this one go by. How often do you catch Rich with his pants around his ankles?

More than 2.25 billion 1964 dimes
More than 1.25 billion 1964 quarters

but you're likely right regarding the 64 half in regards to other silver content half dollars

[ZenOps]

The US also minted 2.8 billion nickels in 1964, 35% more coins than the entire pure nickel mintage of Canada from 1922 to 1981.

[68Camaro]

Got me there - which is what I get for shooting from the hip. What I was thinking in my head was that there was more ounces of silver in the 64 JFKs than in any other coin mintage, but that wasn't even quite right. I wasn't even quite right on the halves mintage - just under 500 million, not just over.

The 64 JFK was minted at 433 million, and while there was a lot of silver in those halves, both the dimes and quarters beat the halves.

Still, ya gotta love the 64s, all of them. In total, more than half a BILLION troy ounces of silver was used in the minting. Makes Admiral Sprott look like a piker...

Code: Select all

Troy Ounces of Silver used in Production

dimes            quarters         halves          total
165,449,313.7    228,712,520.4    155,369,174     549,531,008.1


[SilverDragon72]

The US also minted 2.8 billion nickels in 1964, 35% more coins than the entire pure nickel mintage of Canada from 1922 to 1981.

Gee, no surprise there! I find all kinds of those things during my nickel searches.

[RedRockGirl]

I wondered why I find stacks of 64 nickels. I never remember to google it after I'm done sorting. Cool info

[wagsthadog]

Yep - knew that. Partly because I've read all the coin acts...

That's one reason why the 64 JFK is (if I'm not mistaken) the single most minted silver coin in history. 500+ million copies dated 1964. No chance of it ever being numismatically collectable except for obscure errors or unusual perfect proofs.

Hi there-

Common as hell....but I'll take all that anyone wants to give away!

wags

[Hawkeye]

I knew it went into 65, but had no idea it went on that long. Interesting!

[Chief]

Kinda related...
Any chance 1965 Ken's will be worth a premium in 50 years?
1965 - 65,879,366
1966 - 108,984,932
1967 - 295,046,978
1968 - 246,951,930
1969 - 129,881,800