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Do Any Of You Remember The 1965 Clad Changeover?

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Bedrock of the Community
United States
10284 Posts
 Posted 04/26/2009  3:49 pm  Show Profile   Bookmark this reply Add TNG to your friends list
I remember it very vividly. I especially remember seeing the bright copper in the middle and being mesmerized by that. These were being called sandwich coins on the news. Although I could care less why this was happening and what the changeover had to do with silver, I do remember it happening and I would say I am sure it was my first true examination of the edge of a coin and I do remember it being my noticing the difference in color of the surface of the coins too.
I was about 7 or 8 when I saw them the first time. I think it was during spring cleaning or early summer, because my weekly allowance came on Saturday afternoon ( AFTER the chores were done! ) and I only got thirty five or fifty cents a week! I think quarters were first on the scene.

This topic has brought back some memories of Dad. It could easily be the same "payday" I remember cleaning the half dirt floor basement by carrying out stuff into the yard and then having to carry it back down after Dad hosed down the things that needed washed off and hosing down the basement walls and concrete floors and near empty coal bin. I still remember the smell of a wet dirt basement.

Without cheating with Google, I even think I recall "My baby does the Hanky Panky" and/or "House of the rising sun" and/or "Wipe Out" was playing on the local radio station. We used to be able to listen to the radio when we worked Saturday mornings.

The coins were also mentioned in school around the same time.
Whether this was a factor in why I collect coins or not I don't know but now that is a few times I recall remembering coin design and now composition well before I turned 10.
Bedrock of the Community
United States
10284 Posts
 Posted 04/26/2009  3:52 pm  Show Profile   Bookmark this reply Add TNG to your friends list
Just Carl, Oh my, you make me feel so young, You make me feel like Spring has sprung!
Do-Any-Of-You-Remember-The-1965-Clad-Changeover?
Edited by TNG
04/26/2009 3:55 pm
Bedrock of the Community
United States
20753 Posts
 Posted 04/26/2009  6:27 pm  Show Profile   Bookmark this reply Add just carl to your friends list

Quote:
Without cheating with Google, I even think I recall "My baby does the Hanky Panky" and/or "House of the rising sun" and/or "Wipe Out" was playing on the local radio station. We used to be able to listen to the radio when we worked Saturday mornings.

OK now that is enough trying to make me feel like a mummy. Those songs were being played when I was aleady in college.
Ever hear of Frankie Lane? Now his songs were popular when I was a kid.
Pillar of the Community
United States
2734 Posts
 Posted 04/26/2009  8:07 pm  Show Profile   Bookmark this reply Add DNA to your friends list
When I started working in the early '80's (a few years after the Hunt
Brothers debacle), one of my managers saved all the silver coins that
she could find from circulation. She'd been doing that since 1963, of
course! I thought that was a good idea, so I started saving them too,
and also wheat pennies. Sometime last year, I finally decided to
become a 'coin collector', which is something like a guy with a
hundred 1950's cars parked on his ranch finally deciding that he'll
be a 'car collector'...

By the way, this woman did redeem as many silver certificates
as she could (at the time), and she did get 100 Morgan/Peace Dollars
from a bank in downtown Denver in 1963.

So I'm not one of the 'first-hand' people, but one of them was my manager for several years!

Edited by DNA
04/26/2009 8:08 pm
Bedrock of the Community
United States
10982 Posts
 Posted 04/26/2009  10:06 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list
I do remember my Dad pulling silver dimes and quarters from circulation on a regular basis! This was the early 1970's and a lot of pre-'65 silver coinage was still floating around.

I thought it interesting that the year I was born (1964) was the last year the U.S. produced silver coinage for circulation and then the year I graduated from high school (1982) was the last year bronze U.S. cents were coined. I this a bad omen?
ANA #R3154474
Valued Member
United States
360 Posts
 Posted 04/26/2009  10:34 pm  Show Profile   Bookmark this reply Add numismatist6 to your friends list
Yes there was. In fact, the San Francisco Mint allowed us to turn in silver certificates for silver bars and bags of silver granules at the rate of $1.293 per ounce. We traded silver certificates for both. This was cutoff after an announced time frame elapsed.
Pillar of the Community
United States
3098 Posts
 Posted 04/26/2009  10:45 pm  Show Profile   Bookmark this reply Add wd1040 to your friends list
When was the cutoff for exchange of silver certs?
Moderator
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United States
6563 Posts
 Posted 04/26/2009  10:51 pm  Show Profile   Check GO's eBay Listings Bookmark this reply Add GO to your friends list

Quote:
.....in March 1964 issuance of the Series 1958 Silver Certificate was stopped & redemption in silver dollars was suspended; 24 June 1968 was the last day for redemption in silver bullion.
Finally, on 15 August 1971, President Richard M. Nixon announced[4] that the United States would no longer redeem currency for gold or any other precious metal, forming the final step in abandoning the gold & silver standards.
Pillar of the Community
United States
3098 Posts
 Posted 04/26/2009  11:09 pm  Show Profile   Bookmark this reply Add wd1040 to your friends list

Quote:
24 June 1968


That's my birthday! (Well, not really, the year's off)
bherring1964, what could this mean?
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United States
6563 Posts
 Posted 04/26/2009  11:12 pm  Show Profile   Check GO's eBay Listings Bookmark this reply Add GO to your friends list

Quote:
bherring1964, what could this mean?

It means both you are the kinda people that won't walk under a ladder
Bedrock of the Community
United States
10982 Posts
 Posted 04/26/2009  11:50 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list

Quote:
bherring1964, what could this mean?



It means switch to gold! Silver and bronze don't mix with my sign!

ANA #R3154474
Rest in Peace
United States
3730 Posts
 Posted 04/27/2009  12:44 am  Show Profile   Bookmark this reply Add Gary Burke to your friends list
When the change started, we put paper cups on a kitchen shelf, and dropped the silver coins in the cups as we found them.

To this day, I have no idea what happened to the paper cups, or their content.
Rest in Peace
United States
2668 Posts
 Posted 04/27/2009  6:05 pm  Show Profile   Bookmark this reply Add Parklane64 to your friends list
I remember. There were articles in the paper, and in school we studied the differences between the old planchets and new, although they were called slugs.

I remember my Dad explaining it like this, "It means money can go down in value, now."

And some business' started hyping the silver money as 'tomorrow's collectibles'.
Pillar of the Community
United States
3098 Posts
 Posted 04/27/2009  6:49 pm  Show Profile   Bookmark this reply Add wd1040 to your friends list

Quote:
"It means money can go down in value, now."


You Dad is a wise man!
Valued Member
United States
99 Posts
 Posted 04/29/2009  01:48 am  Show Profile   Bookmark this reply Add Dnickels to your friends list
/bump for a good topic and some great stories!

I wasn't around for the change, but back when I started collecting coins as a kid in the mid 80's I do remember silver coins being at least present in common change. I saved a few of them, but now I wish I was into coin roll hunting back then and pulled more out of circulation! I can't find any these days. I'm getting tempted to start buying silver coins for 10x face just to search them for my albums.
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