The half dollar , sometimes referred to as half for the short term, is a United States coin worth 50 cents, one-half dollar, and is the largest United States in circulation. coins are currently produced in size and weight, with a diameter of 1.205 inches (30.61 mm) and a thickness of 0.85 inches (2.15 mm), and twice the weight of quarterly. The current half dollar, Kennedy's half dollar, describes President John F. Kennedy's profile on the front and the US President Seal in reverse, but the design has undergone a number of changes throughout its history.
Although not commonly used today, half dollar coins have a long history of heavy use alongside other coin denominations, but have faded from the general circulation for various reasons. They were produced in considerable numbers until 2002, when the US stopped the production of coins for general circulation. As a result of its declining usage, a substantial amount of pre-2002 dollars half-fixed in the Federal Reserve dome, driving changes in production. Currently, half dollar collectors can be ordered directly from the U.S. Mint, and pre-2002 half-dollar circulation can be ordered through most US banks.
Video Half dollar (United States coin)
Circulation
Half dollar coins see heavy usage, especially in the first half of the 20th century. Over the years, they are generally (and in many areas still) used by the gambling community. The half-dollar roll may still be stored in the card room for games that require 50 cents or bets to take, for dealers to pay the winning naturals in blackjack, or where the house collects a gradual rake. In addition, some concession vendors at sporting events distribute half a dollar coins as change for convenience.
In the early 1960s, the silver price increased to the point where the value of US silver gold coins would exceed its nominal value. In 1965, the US introduced a coated coated composition made of a laminated copper core between two outer faces of cupronickel. The silver content of dime and quarter was eliminated, but Kennedy's half-dollar composition still contained silver (reduced from 90 to 40 percent) from 1965 to 1970.
The half-dollar spent until the late 1960s was stockpiled as the only valuable US precious metal coin left in production, and as the silver price continued to rise, the pre-1964 half disappeared from circulation as well. By the time the coin composition was changed to match the dimes and quarter in 1971, both businesses and the public began adapting to a country where half a dollar was generally not outstanding. Half saw a moderate increase in usage during the mid-1970s, only down again by the end of the decade. The quarter then takes over the half role as a component of the highest value change in common usage.
Most coins enter the circulation through the business change drawer. Few companies buy their replacement drawers for half a dollar, and some banks do not keep them at all. Most banks do not submit it as a normal business practice, so the coin sees little circulation. Most US vending machines do not accept half a dollar, or pay phones, which further restrict their circulation; However, many transit systems, which accept half and coins are the most common denominations used for US commemorative coins.
Since 2002, half a dollar has been printed only for the collectors, because the Federal Reserve's inventories and large governments are in the hands of pre-2001 pieces; this is largely due to the lack of demand and the return of large quantities of casino slot machines that are now operating "without coins". Finally, when the reserves are depleted, the mint will return to fill the order for a half-dollar circulation. It took about 18 years (1981-1999) to stock large inventories of the same low-cost circulation coin, $ 1 coin, to reach a low enough reserve level to reproduce the circulation piece. Modern-dated part-time deposits can be purchased in a US Mint's mint set, mint set, rolls, and bags, and existing inventory circulation pieces can be ordered through most US banks. All collector problems since 2001 have lower value than in previous years. Although intended only for collectors, this post-2001 dollar half sometimes finds their way into circulation.
Maps Half dollar (United States coin)
Initial history aspect
On December 1, 1794, the first half dollar, about 5,300 pieces, was sent. Another 18,000 were produced in January 1795 using dies of 1794, to save on new manufacturing costs. Another 30,000 pieces were shocked by the end of 1801. The coins had Heraldic Eagle, based on the Great Seal of the United States in reverse. 150,000 were printed in 1804 but were hit with dies from 1803, so no 1804 specimens existed, although there are some 1805 parts that contain overdate "5 to 4".
In 1838, a half-dollar death was produced in Mint Philadelphia for the newly established New Orleans Mint, and ten test samples of 1,838 half dollars were made in the main Philadelphia mint. These samples were put into a safe mint along with other rarities such as the 1804 silver dollar. The dies were then shipped to New Orleans for regular production of 1838 and a half dollars. However, New Orleans's production of half a dollar was delayed due to the priority of producing half the dice and dime. The big press for the half-dollar production was not used in New Orleans until January 1839 to produce 1,838 half a dollar, but the dead coin could not be secured properly, and only ten samples were produced before death failed. Rufus Tyler, head of the New Orleans mint scribe, wrote to Patterson Mint Director on the issue on February 25, 1839. The Orleans mint samples all had a double freeze as a result of this production problem and they also showed dramatic signs of death. rust, none of which are present in Philadelphia produce test samples. While eight Philadelphia printed samples survive to this day, there is only one known New Orleans printed specimen with double-tale inverted stamped and dead rust. This was the famous coin Rufus Tyler presented to Alexander Dallas Bache in the summer of 1839 and subsequently purchased in June 1894 by A. G. Heaton, father of the mark mint coin. The 1838 Philadelphia-produced half-dollar is extremely rare, with two separate specimens being sold for $ 632,500 at Heritage's auction in 2005 and 2008 respectively. The only surviving Orleans that was printed in 1838 was one of America's rarest coins. In 1840, this mint produced nearly 180,000 and a half dollars.
In 1861, the New Orleans mint produced coins for three different governments. A total of 330,000 were struck under the United States government, 1,240,000 for the State of Louisiana after it seceded from the Union, and 962,633 after joining the Confederation. Because the same dice is used for all strikes, the results look the same. But the United States Confederates actually printed four and a half dollars with CSA (not United States) upside down and the dead front they use has a small dead slit. So the "ordinary" 1861 half dollar with this gap might be used by the Confederate for some mass strikes.
There were two types of half-dollar Kennedy in the 1964 problem of proof. Initially, dice was used with accented hair, showing a deeper line than the presidential widow, Jacqueline Kennedy Onassis, liked. The new die is set up to smooth out some details. It is estimated that about 1 to 3% (40,000 to 100,000) of the hemisphere proof is of the previous type, making them somewhat more expensive for collectors.
Design list
List of early warning issues
See also
- United States Production of mint coins
References
Source of the article : Wikipedia
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