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Posted 02/03/2021 2:37 pm
In my post up above I was referring to the SMS sets because I misread the topic title. any time someone talks of these years I usually think of the SMS sets not the circulated coins of these same years
However, here is what I found on this subject so far:
My reference is:
https://coins.thefuntimesguide.com/1965_coins/
However, here is what I found on this subject so far:
My reference is:
https://coins.thefuntimesguide.com/1965_coins/
Quote:
1965 Coin Shortage
The United States was facing a coin-shortage crisis in the early- to mid-1960s.
Silver prices had risen significantly above the $1-per-ounce mark.
The U.S. government had to take action against the fact that the silver in its coins was becoming worth more than the denomination stamped on the coins.
In 1965, the U.S. began striking copper-nickel clad dimes and nickels and reduced the amount of silver in half dollars from 90% to 40%.
No Mintmarks On Coins From 1965-1968
But that was not the only move that changed the face of U.S. coins. To discourage the hoarding and collecting of U.S. coins based on mint marks, the Coinage Act of 1965 banned the use of mint marks on coins.
Though the Act required the absence of mint marks for 5 years, in 1968 Congress approved the return of mint marks.
Since 1968, all mint marks have been located on the obverse (front) of coins, instead of the reverse (back), as was the general case until 1965.
Special Mint Sets From 1965-1967
The changes of 1965 did not stop there.
Proof sets and mint sets (sets of coins packaged for collectors containing uncirculated and pristine examples of each year's coinage) were also halted for 3 years.
In their place came the "special mint set," which contains uncirculated examples of coins. Many of these special mint sets contain coins with "proof-like" finishes.
These represent a better-quality, more reflective surface than the coins typically housed in mint sets.
The special mint set was produced from 1965 through 1967, until production of regular mint sets and proof sets resumed in 1968.
1965 Coin Shortage
The United States was facing a coin-shortage crisis in the early- to mid-1960s.
Silver prices had risen significantly above the $1-per-ounce mark.
The U.S. government had to take action against the fact that the silver in its coins was becoming worth more than the denomination stamped on the coins.
In 1965, the U.S. began striking copper-nickel clad dimes and nickels and reduced the amount of silver in half dollars from 90% to 40%.
No Mintmarks On Coins From 1965-1968
But that was not the only move that changed the face of U.S. coins. To discourage the hoarding and collecting of U.S. coins based on mint marks, the Coinage Act of 1965 banned the use of mint marks on coins.
Though the Act required the absence of mint marks for 5 years, in 1968 Congress approved the return of mint marks.
Since 1968, all mint marks have been located on the obverse (front) of coins, instead of the reverse (back), as was the general case until 1965.
Special Mint Sets From 1965-1967
The changes of 1965 did not stop there.
Proof sets and mint sets (sets of coins packaged for collectors containing uncirculated and pristine examples of each year's coinage) were also halted for 3 years.
In their place came the "special mint set," which contains uncirculated examples of coins. Many of these special mint sets contain coins with "proof-like" finishes.
These represent a better-quality, more reflective surface than the coins typically housed in mint sets.
The special mint set was produced from 1965 through 1967, until production of regular mint sets and proof sets resumed in 1968.
Collecting since 1972. Learning from then on
"Tell me and I forget. Teach me and I remember. Involve me and I learn." - Benjamin Franklin
7070 type set coin count: 51/76
Uncirculated American Silver Eagles My American Silver Eagle Proof Collection Sacagawea Dollars Innovation Dollars
Eisenhower-Dollars Kennedy-Half Dollars Washington-Quarters Roosevelt-Dimes Buffalo-Nickels 1938-2005 Jefferson-Nickels Lincoln-Cents
"Tell me and I forget. Teach me and I remember. Involve me and I learn." - Benjamin Franklin
7070 type set coin count: 51/76
Uncirculated American Silver Eagles My American Silver Eagle Proof Collection Sacagawea Dollars Innovation Dollars Eisenhower-Dollars
Kennedy-Half Dollars Washington-Quarters Roosevelt-Dimes Buffalo-Nickels 1938-2005 Jefferson-Nickels Lincoln-Cents
