Posted 09/20/2012 1:20 pm
No facts to back my theory up, but here 'tis:
The plan, before JFK's death, was a '64 Franklin half and a '64 Peace dollar. Plans changed when the decision was made to memorialize JFK on the '64 half, and the planned mintage numbers just made it impracticable to also mint a dollar coin that year. The melting was probably to add to the silver needed for all those 'extra' half dollars.
Total 63 P&D '63 Franklins: 89,233,292
Total 64 P&D '64 Kennedys: 429,509,450
The plan, before JFK's death, was a '64 Franklin half and a '64 Peace dollar. Plans changed when the decision was made to memorialize JFK on the '64 half, and the planned mintage numbers just made it impracticable to also mint a dollar coin that year. The melting was probably to add to the silver needed for all those 'extra' half dollars.
Total 63 P&D '63 Franklins: 89,233,292
Total 64 P&D '64 Kennedys: 429,509,450
