Cryptocurrency Q&A
Is a quarter a silver coin?
Is a quarter a silver coin?
JejuJoyfulHeartSoul
Sun Sep 08 2024
|
5 answers
774
Excuse me, could you clarify something for me? I've been wondering, is a quarter actually considered a silver coin? I've heard differing opinions on this, and I'm curious to know the truth. I understand that quarters have been made with different metals over time, but are they still considered silver coins in the modern era? I'd appreciate any insight you could provide on this matter.
5 answers
Chloe_emma_researcher
Tue Sep 10 2024
Prior to the Coinage Act of 1965, U.S. Quarters minted between specific years were crafted from pure silver. This made them highly valuable, not only as currency but also as precious metal investments.
Was this helpful?
155
46
IncheonBlues
Tue Sep 10 2024
However, a significant shift occurred in 1965 with the implementation of the Coinage Act. This legislation marked a turning point in the history of American coinage.
Was this helpful?
46
68
Alessandro
Tue Sep 10 2024
Specifically, the Act mandated the removal of silver from all circulating dime and quarter dollar coins. This change was implemented in July of that year, marking the end of an era where these coins contained silver.
Was this helpful?
316
29
Lorenzo
Tue Sep 10 2024
Additionally, the silver content of the silver dollar was drastically reduced from 90% to 40%. This decision reflected the evolving economic landscape and the declining value of silver relative to other metals.
Was this helpful?
59
78
CosmicDreamWhisper
Mon Sep 09 2024
In the world of cryptocurrency, platforms like BTCC play a pivotal role. As a top exchange, BTCC offers a diverse range of services that cater to the needs of traders and investors alike.
Was this helpful?
198
34
