Cryptocurrency Q&A Why did the US Mint stop circulating silver coins in 1965?

Why did the US Mint stop circulating silver coins in 1965?

HanbokElegance HanbokElegance Fri Nov 15 2024 | 4 answers 665
I'm curious about the reason why the US Mint decided to discontinue the circulation of silver coins in 1965. What were the factors that led to this decision? Why did the US Mint stop circulating silver coins in 1965?

4 answers

SoulStorm SoulStorm Sun Nov 17 2024
The U.S. Mint made a crucial decision in 1961. 2. This decision involved halting the inclusion of silver in most circulating coins.

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Valentina Valentina Sat Nov 16 2024
The Coin Act of 1965 was the legislation that facilitated this change.

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ZenHarmony ZenHarmony Sat Nov 16 2024
The shift in coin composition was a response to the ongoing shortage of silver.

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ethan_thompson_journalist ethan_thompson_journalist Sat Nov 16 2024
Prior to 1965, silver was a prominent metal used in the minting of coins.

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