United States quarters composed of 90% silver and 10% copper have been a regular a part of American coinage for a few years. These cash, sometimes called “silver quarters,” held vital intrinsic worth resulting from their valuable metallic content material. The tip of their manufacturing marked a shift in U.S. coinage composition.
The discontinuation of silver in circulating quarters was primarily pushed by financial components. The rising value of silver in the course of the early to mid-Nineteen Sixties made the silver content material of the cash value greater than their face worth. This created a scenario the place people have been incentivized to soften down the cash for his or her silver, depleting the circulating provide. Changing silver with a less expensive metallic allowed the Mint to stabilize the coinage system and preserve an enough provide of quarters for commerce.