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 In the 1960's it was still possible to receive Silver dollars at face value from the bank. During this time, the price of silver began to increase and as the public became aware, they requested coins at face value. The demand was so high, banks didn't have enough coins to meet the public's requests. In August 1964, Congress approved production of 45 million Silver dollars to prevent coin shortages throughout the country. President Lyndon Johnson approved the order despite heavy opposition, but after several months, no 1964-D Peace dollars were struck.

  Finally on May 12, 1965, the Mint struck its first 1964-D Peace dollars; however, these were only struck as a trial pieces. Johnson immediately issued a Presidential Order instructing the Denver Mint to produce circulation strike 1964-D Peace dollars. The Denver Mint had no choice but to begin striking the 1964-D Peace dollars. The coins were struck on 90% silver planchets, had an identical design to the Peace dollars struck from 1921-1935 (with the exception of the date) and had a D mintmark on the reverse. The Mint struck a total of 316,076 circulation strike 1964-D Peace dollars (not including 30 test strike pieces).

 The Congressional leaders who were against production of the 1964-D dollars convinced the White House to have the coins destroyed. On May 24, 1965 the White House rescinded the President's instructions to produce the coins and ordered all 1964-D Peace dollars to be destroyed. Eva Adams, Director of the U.S. Mint at the time, oversaw both the production and destruction of the 1964-D Peace dollars.

 Due to the large volume of coins struck, the Mint decided to weigh the coins during the retrieval process as opposed to counting each coin individually. The weight of the 1964-D Peace dollars included the scrap and webbing from which the coins were struck to try to obtain an accurate weigh in. There were several U.S. Mint personnel who witnessed the melting of these coins to ensure that all had been destroyed.

 As time went by, there were rumors that some 1964-D Peace dollars had escaped the U.S. Mint. Eva Adams was under a lot of scrutiny and when asked whether any of these coins existed, her response was that they were all melted. However, years later according to Mint records, two test strikes resurfaced. The two coins that surfaced were apparently from the 30 test pieces that were sent to Washington for inspection. Those two coins remained in the Treasury Vault until 1970 but were immediately destroyed by the U.S. Mint as soon as they were discovered.

  What's suspicious is that over the years several 1964 Special Mint set coins surfaced. There are no Mint records of any 1964 Special Mint Sets being produced; however, we know these coins do exist. According to a prominent coin dealer, the 1964 Special Mint Set coins surfaced from Eva Adams' personal estate collection when they were consigned to a Stack's auction. Over the years, there have been rumors that another prominent coin dealer was offered a few 1964-D Peace dollars. Around the same time, the Mint came out with a statement indicating that if any of these dollars exist, they were illegal to own. The dealer mentioned he never heard back from the seller, but believed he did indeed own a few.

 Others have mentioned that in 1965 Mint employees were given the opportunity to exchange the 1964-D Peace dollars at face value when they were originally struck. However, the Mint requested that employees bring them back once they were ordered to be destroyed. If this was the case, some coins could have escaped the Mint through this channel. Another possible way is that coins could have been removed during the weighing process upon destruction; a Mint employee could have replaced the coins with any other pre-1964 Peace Morgan dollars since they had the exact same weight. Of course, this is just speculation. And to make matters more confusing, someone recently came out with Fantasy 1964-D Peace dollars by striking them using their own coin press and making them resemble a genuine Mint product.

 http://www.treasuredstocks.com/coins.html

If you have any questions call Jeff @ 208-236-9700

 

 

 

Published in

mic2010 W $100 1 oz Platinum Eagle "First Strike" PCGS PR70DCAM

Platinum coins

For a List of Coin Categories Click Here

If you have any questions call Jeff @ 208-236-9700

 

Published in
Wednesday, 25 April 2012 11:02

1997 China Silver Unicorn ~10 Yn PCGS MS 69

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1997 China Silver Unicorn 10 Yn PCGS MS 69

 

 

 China Unicorn Coins

Most people first come into contact with Unicorn Coins through International travel. Interesting examples are kept as souvenirs and often become the beginnings of a Unicorn Coins collection. As more people travel, Unicorn Coins collecting has become as popular as coin collecting. Since there are many catalogs with pictures it easy to find information about this fascinating hobby of collecting Unicorn Coins.

For a List of World Panda Coins Categories Click Here

If you have any questions call Jeff @ 208-236-9700

Published in
Wednesday, 25 April 2012 10:53

1997 China Silver Unicorn 5 Yn PCGS MS 69

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1997 China Silver Unicorn 5 Yn PCGS MS 69

 

 

  China Unicorn Coins

Most people first come into contact with Unicorn Coins through International travel. Interesting examples are kept as souvenirs and often become the beginnings of a Unicorn Coins collection. As more people travel, Unicorn Coins collecting has become as popular as coin collecting. Since there are many catalogs with pictures it easy to find information about this fascinating hobby of collecting Unicorn Coins.

For a List of World Panda Coins Categories Click Here

If you have any questions call Jeff @ 208-236-9700

Published in

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2012 China Silver Panda 10 Yn "30th Anniversary" PCGS MS 70 "A Perfect Panda"

 

 

China Panda Coins

Most people first come into contact with Panda Coins through International travel. Interesting examples are kept as souvenirs and often become the beginnings of a Panda Coins collection. As more people travel, Panda Coins collecting has become as popular as coin collecting. Since there are many catalogs with pictures it easy to find information about this fascinating hobby of collecting Panda Coins.

For a List of World Panda Coins Categories Click Here

If you have any questions call Jeff @ 208-236-9700

Published in
Saturday, 07 April 2012 11:13

2003 China Silver Panda 10 Yn PCGS MS 69

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2003 China Silver Panda 10 Yn PCGS MS 69

 

 

 

  China Panda Coins

Most people first come into contact with Panda Coins through International travel. Interesting examples are kept as souvenirs and often become the beginnings of a Panda Coins collection. As more people travel, Panda Coins collecting has become as popular as coin collecting. Since there are many catalogs with pictures it easy to find information about this fascinating hobby of collecting Panda Coins.

For a List of World Panda Coins Categories Click Here

If you have any questions call Jeff @ 208-236-9700

Published in

mic2006 W Platinum Proof 4 Coin Set PCGS 69 DCAM - "Key Date" 10th Anniversary

This is a special lable issued by PCGC and this is the first set of these I have seen.

You will Receive:

2006-W $100 PCGS69DCAM Platinum Proof

2006-W $50 PCGS69DCAM Platinum Proof

2006-W $25 PCGS69DCAM Platinum Proof

2006-W $10 PCGS69DCAM Platinum Proof

 Platinum coins

For a List of Coin Categories Click Here

If you have any questions call Jeff @ 208-236-9700

 

Published in

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1996 China Silver Panda 10 Yn PCGS MS 69 "China Lable"

 

 China Panda Coins

Most people first come into contact with Panda Coins through International travel. Interesting examples are kept as souvenirs and often become the beginnings of a Panda Coins collection. As more people travel, Panda Coins collecting has become as popular as coin collecting. Since there are many catalogs with pictures it easy to find information about this fascinating hobby of collecting Panda Coins.

For a List of World Panda Coins Categories Click Here

If you have any questions call Jeff @ 208-236-9700

Published in

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1998 China Silver Panda 5 Yn "Hong Kong Expo" NGC MS 69

 

 China Panda Coins

Most people first come into contact with Panda Coins through International travel. Interesting examples are kept as souvenirs and often become the beginnings of a Panda Coins collection. As more people travel, Panda Coins collecting has become as popular as coin collecting. Since there are many catalogs with pictures it easy to find information about this fascinating hobby of collecting Panda Coins.

For a List of World Panda Coins Categories Click Here

If you have any questions call Jeff @ 208-236-9700

 

Published in

mic2008 Platinum Proof 4 Coin Set PCGS 69 DCAM - "Rare Key Date"

You will Receive:

2008-W $100 PCGS69DCAM Platinum Proof

2008-W $50 PCGS69DCAM Platinum Proof

2008-W $25 PCGS69DCAM Platinum Proof

2008-W $10 PCGS69DCAM Platinum Proof

 

Platinum coins

For a List of Coin Categories Click Here

If you have any questions call Jeff @ 208-236-9700

 

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