1960's: |
Other countries lose faith in the dollar's value and exchange their dollars for gold, causing our gold reserves to get smaller.
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1964: |
Soon after John F. Kennedy's assassination, the Kennedy half dollar is minted.
Because of a silver shortage, silver becoms more valuable.
The Treasury starts redeeming silver certificates for silver bullion, not silver dollars, and makes fewer silver coins.
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1968: |
Silver certificates are no longer exchangeable for silver bullion, but they are still legal tender.
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1969: |
The Philadelphia Mint moves to its fourth location.
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Check out the 70's next!