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Megaman
Penny Pincher Member
USA
173 Posts |
 Posted - 08/25/2009 : 12:14:33
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I've heard that Quarters and Dimes had Silver in them after 1965. 40% silver like the half dollars? Is this true? Or is it just the half dollars. Also does anyone know the composition of a 1939 Nickel?
-Thanks
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Must hoard more...... |
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AGgressive Metal
Administrator
USA
1937 Posts |
Posted - 08/25/2009 : 12:24:47
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| Half Dollars were 40% silver until 1970. A 1939 Nickel is 25% Nickel and 75% copper. No dimes or quarters had silver in them after 1964, unless they were S mint proofs. |
And he that hath lyberte ought to kepe hit wel / For nothyng is better than lyberte / For lyberte shold not be wel sold for alle the gold and syluer of all the world.
-Caxton's edition of Aesop's Fables, 1484 |
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Country
1000+ Penny Miser Member
USA
3121 Posts |
Posted - 08/25/2009 : 12:26:40
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YES, it's true.
Welcome to RealCent Megaman!
1939 nickel - 75%/25% copper/nickel composition
10c - Proofs Only 1992-S to 2009-S were made in two versions: 90% silver and clad.
25c - 1976-S Proof and Circulation strikes - 40% silver and clad; Proofs only 1992-S to 2009-S were made in two versions: 90% silver and clad.
50c - 1965 to 1970 were all 40% silver; 1976-S Proof and Circulation strikes - 40% silver and clad; Proofs only 1992-S to 2009-S were made in two versions: 90% silver and clad. |
---> Come to the new and improved realcent: http://realcent.org
The things that will destroy America are prosperity-at-any-price, peace-at-any-price, safety-first instead of duty-first, the love of soft living, and the get-rich-quick theory of life.
Theodore Roosevelt
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Edited by - Country on 08/25/2009 16:43:51 |
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Robarons
Penny Hoarding Member
USA
522 Posts |
Posted - 08/25/2009 : 12:31:27
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Quarters and dimes after 1965 do not have any silver. I myself have heard of rumor before, but it is false. Just half dollars from 1965-1970 are 40% Silver. Ike proof S-Mint dollars are 40% along with some other proof coins, but you wont find these in circulation.
A 1939 Nickel has no silver. War Nickels from 1942-1945 are 35% silver. HOWEVER, check yor nickel for a mintmark (on the reverse of the coin, right side of the building) for a D or S. A 1939-S nickel is worth around $4 and a 1939-D nickel is worth $2. |
Robber Baron= Robarons |
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AGgressive Metal
Administrator
USA
1937 Posts |
Posted - 08/25/2009 : 12:33:14
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| You will almost never find one of these "S' mints in circulation. |
And he that hath lyberte ought to kepe hit wel / For nothyng is better than lyberte / For lyberte shold not be wel sold for alle the gold and syluer of all the world.
-Caxton's edition of Aesop's Fables, 1484 |
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Country
1000+ Penny Miser Member
USA
3121 Posts |
Posted - 08/25/2009 : 12:39:03
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quote:
Originally posted by Robarons
Quarters and dimes after 1965 do not have any silver. I myself have heard of rumor before, but it is false. Just half dollars from 1965-1970 are 40% Silver. Ike proof S-Mint dollars are 40% along with some other proof coins, but you wont find these in circulation.
Except for the 40% silver 1976-S coins, 90% silver proofs exist and are found from time to time in bags and boxes as we search for them. 90% silver proof halves have been found by RealCent members. I recall someone on RealCent even finding a 1986 90% Statue of Liberty silver dollar in circulation in the change drawer at a fast food restaurant. These 90% silver proofs do circulate, although infrequently. |
---> Come to the new and improved realcent: http://realcent.org
The things that will destroy America are prosperity-at-any-price, peace-at-any-price, safety-first instead of duty-first, the love of soft living, and the get-rich-quick theory of life.
Theodore Roosevelt
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Edited by - Country on 08/25/2009 12:42:34 |
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Megaman
Penny Pincher Member
USA
173 Posts |
Posted - 08/25/2009 : 12:39:40
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| I can't find the mink mark on the coin, it must have faded. And now I know those 1965 quarters and dimes are worthless |
Must hoard more...... |
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Robarons
Penny Hoarding Member
USA
522 Posts |
Posted - 08/25/2009 : 12:58:38
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I like how so many members tackled this question all at one time. That tells you how nice and helpful this forum is. Yes, silver proofs are found time to time, but it is infrequent for the most part. So if you are able to pull one of these out your quite lucky.
Sorry it was not a D or S.
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Robber Baron= Robarons |
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Megaman
Penny Pincher Member
USA
173 Posts |
Posted - 08/25/2009 : 13:00:39
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| Wait, how can you spot a proof from a normal coin? And everyone here is helpful and they knoew their stuff. Great for beginners |
Must hoard more...... |
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Robarons
Penny Hoarding Member
USA
522 Posts |
Posted - 08/25/2009 : 13:05:59
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| Proof coins have a shinny mirror like finish and show better details. They are always S-Mint for the most part. |
Robber Baron= Robarons |
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Computer Jones
1000+ Penny Miser Member
USA
1112 Posts |
Posted - 08/25/2009 : 14:45:05
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quote:
Originally posted by Robarons
Proof coins have a shinny mirror like finish and show better details. They are always S-Mint for the most part.
Proof coins are only remain shiney and frosted for a little while while in circulation.
Sometimes they look like the green crusty '97S I found yesterday and returned to the drop bank.
The "S" usually stays visible and indicates it (once was) a proof coin. |
There's profit if you melt things!!
8{> |
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rainsonme
Penny Pincher Member
USA
183 Posts |
Posted - 08/25/2009 : 21:38:10
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| I saw a circulated Ike 1971-S silver silver-dollar today. Bank teller had pulled it for herself; I congratulated her. I have a couple silver half proofs from circulation; just a couple out of the 100 or so proofs I have kept. And I will always cherish the day I went to the bank, and asked for half dollars; the teller brought me 7 Ikes, and another coin, offering them to me for 0.50 each; I gently told her they were dollar coins. She sold me the 7 ($1 @), and then said "you probably don't want this one". I said, yes, I'll take that walking liberty silver dollar as well. There are lots of odd things in circulation. |
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G Powerbuck
Penny Collector Member
USA
256 Posts |
Posted - 08/25/2009 : 22:47:35
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| Wow, you found a walking liberty silver dollar in change?? I wonder why anybody would spend that. That is definitely a day to remember! |
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rainsonme
Penny Pincher Member
USA
183 Posts |
Posted - 08/26/2009 : 04:26:40
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| I think kids get into dad and grand-dad's coin collections when no one is looking, and spend the coins for candy. The walking liberty silver dollar was in very good condition. I don't expect to see another, but then again, there are some strange things in circulation. I believe bank tellers are increasingly pulling silver and other interesting things, but not all. |
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jadedragon
Administrator
Canada
3788 Posts |
Posted - 08/30/2009 : 02:38:43
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quote:
Originally posted by Megaman
I can't find the mink mark on the coin, it must have faded. And now I know those 1965 quarters and dimes are worthless
No mint mark means Philly mint.
The 1965s can be deposited like more modern coins for full face value at least.
In Canada, Silver lasted in coins until 1968 (part way through the year) |
The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man. George Bernard Shaw.
Why Copper Bullion ~~~ Interview with Silver Bullion Producer Market Harmony
Passive Income blog |
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Nickelless
Administrator
USA
5580 Posts |
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copperpennies
Penny Pincher Member
USA
222 Posts |
Posted - 08/31/2009 : 16:51:53
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The question I have is, why did the Mint stop churning out 90 percent dimes, quarters and halves after 1964 but still continue minting 40 percent halves until 1970?
I have heard they kept silver in the half dollar in honor of Kennedy |
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Country
1000+ Penny Miser Member
USA
3121 Posts |
Posted - 08/31/2009 : 18:40:44
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quote:
Originally posted by copperpennies
The question I have is, why did the Mint stop churning out 90 percent dimes, quarters and halves after 1964 but still continue minting 40 percent halves until 1970?
I have heard they kept silver in the half dollar in honor of Kennedy
Actually, the Coinage Act of 1965 allowed the mintage of 90% silver for an additional five years. Due to the coin shortage in the mid '60s, 90% silver coins (dimes, quarters, and half dollars) were minted in 1965 and 1966 with a frozen date of 1964. On a side note, did you know that Peace Dollars were minted in 1964? They were all destroyed. Perhaps LBJ kept one. 
Why weren't the half dollars from 1965 to 1970 clad? I really don't know. The answer is probably buried in the hearings for the Coinage Act of 1965 someplace. Perhaps it was some commitment that the government had made to buy silver from private industry and use it in coinage. |
---> Come to the new and improved realcent: http://realcent.org
The things that will destroy America are prosperity-at-any-price, peace-at-any-price, safety-first instead of duty-first, the love of soft living, and the get-rich-quick theory of life.
Theodore Roosevelt
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pencilvanian
1000+ Penny Miser Member
USA
2209 Posts |
Posted - 09/05/2009 : 18:17:11
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A quick way to tell if your coin is silver or not-
Get a single sheet of tissue paper
Get a black piece of construction paper
or a book that has a dark cover
place the coin on the black paper/dark book
place the tissue paper over the coin
if it is non'-silver clad it will appear grey
if it is silver it will appear white or silvery.
P.232 from the book
Strike It Rich With Pocket Change
NOTE!
Dimes minted from 1965, 1966, 1967
From the above emntioned book
A few dimes minted in 1965, 1966 and 1967 were minted with the wrong planchet, meaning a few were minted in silver!
P.122, 123, 125 from the above mentioned book
For quarters
1965
A few quarters were minted in 1965 with the wrong planchet, meaning a few were minted in silver!
p.150 from the above mentioned book
Granted, finding these few true rarities is extremely remote, but there is always that one in a million chance it could happen. |
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Jefferson
Penny Pincher Member
165 Posts |
Posted - 09/05/2009 : 19:42:33
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I was actually just about to post about the dimes but hadn't found confirmation about the quarters.
Here's an image I found a couple weeks ago:
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"Specie is the most perfect medium because it will preserve its own level; because, having intrinsic and universal value, it can never die in our hands, and it is the surest resource of reliance in time of war." -Thomas Jefferson
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coppernickel
Penny Pincher Member
USA
131 Posts |
Posted - 09/05/2009 : 23:31:32
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1965, 66, and 67 there was a shortage of coins. People wanted to save thier silver. As a way to makes coins faster the mints did not place mint marks on any coins from 65-67.
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Silver Monometalism is the most permanent and stable form of money the world has seen. Natural law and history prove silver value is best multiplied by gold and best divided by copper. It is only in this counterfeit currency time when the natural law appears suspended. |
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jadedragon
Administrator
Canada
3788 Posts |
Posted - 09/06/2009 : 00:36:38
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The lack of mint mark was an attempt to stop coin collectors from pulling so many coins from circulation during the coin shortage. The change from silver actually caused people to hoard more coins (of course).
I read somewhere the use of silver in 1/2s until 1970 was a way to keep the silver minors semi-happy (they did some serious lobbying of congress) after silver was dropped from the dimes and quarters. |
The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man. George Bernard Shaw.
Why Copper Bullion ~~~ Interview with Silver Bullion Producer Market Harmony
Passive Income blog |
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pencilvanian
1000+ Penny Miser Member
USA
2209 Posts |
Posted - 09/06/2009 : 14:01:23
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Thoughts on the 'accidental' silver dimes and silver quarters-
Up until the 1990's or so, the US Mint handled all of the minting processes when it came to minting coins. It would buy the raw materials in sheets and would punch out the discs to create the coins.
Considering that sheets of metal had to be fed into a machine to punch out the discs to make coins-
and considering this feeding process was done either by hand or by a conveyer belt system watched over by human beings-
and still considering that human beings make mistakes-
it is possible a few silver sheets were fed into the disc stamping machines instead of the cupro-nickel alloy during 1965, 1966 and 1967.
Just think about it, back in the mid 60's in a warehouse in the mint there are sheets of metal sitting on a shelf waiting to get turned into discs and later coins. The demand for coins is high and the employees at the mint are doing their best to keep up with supply, they are too busy trying to meet demand to notice if the sheets being fed into the machines are cupro-nickel or silver, it all looks the same to them as they try to meet their quota so in goes the metal to be turned into coins.
The mint did make a few copper 1943 cents and steel 1944 cents in error, and a few US coins have been minted in error using the wrong metal, so a few silver dimes and quarters could have been made by accident. |
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Silver in Coins after 1965?
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