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April 5, 1975

 

The coins celebrating the Bicentennial of the signing of the American Declaration of Independence were some of the most popular in the history of American coinage.

Mint Slates Striking of Bicentennial Coins

An event long awaited by most coin collectors – the first official production striking of the nation’s three Bicentennial coins – will be held during special ceremonies April 23 at the San Francisco Assay Office.

Although complete plans for the special occasion were incomplete at presstime, a Mint Bureau spokesman told the News April2 that the Assay Office presses will begin the striking of the dual-dated (1776-1976) U.S. dollars, halves and quarters in 40 per cent silver on April 23, probably at 11 a.m. The new coins, which will feature reverse designs associated with the nations 200th birthday anniversary, will carry the “S” mint mark of the West Coast facility.

Eventually, the .400 fine silver uncirculated coins will be packaged in sets of three for delivery to buyers after July 4, 1975.

Since the first of the year, Mint workers have been feverishly preparing for the production of circulation strikes of the new Bicentennial coinage. The first proofs containing the special Bicentennial reverse designs were struck last August and the collecting public got its first glimpse of them at the American Numismatic Association Convention in Miami Beach, Fla.

Current plans call for the release of the Bicentennial cupronickel-clad Eisenhower dollars to the public next July 7, the first business day after the Fourth of July holiday. Tentative plans for release of the Bicentennial halves by September and the quarters by Christmas.

As part of the special celebration, the Mint expects to strike 1.4 billion quarters, 400 million halves and 85 million of the Ike dollars. Those figures are for the cupronickel-clad specimens destined for circulation, which are in addition to the 45 million pieces to be struck in 40 percent silver. If demand warrants, the Mint is authorized to strike another 15 million silver specimens.