Silver Dollar Blog - Silver Dollars Melted

Jan 03, 2012

 

Image Source - Library of Congress - Key Pittman

We just finished talking about The Pittman Act in an article I posted Analyzing the Pittman Act. Now that was not the only time silver dollars have been melted down! Silver Dollars were melted down each year beginning in the 1880's for all sorts of reasons perhaps they were mutilated or un-current. On December 18th 1942 approximately 50,000,000 silver dollars were melted for war time uses.  I think of all those silver dollars melted gone forever, but from the melting of those came new silver dollars.

Here is a chart that shows all the Silver Dollars Melted 1888-1964:

Silver Dollars Melted:

Fiscal Year
Total Melted
1888
14,055
1889
1,342
1890
11,977
1891
10,800
1892
42,881
1893
10,500
1894
15,055
1895
18,580
1896
2,034
1897
1,898
1898
1,365
1899
1,734
1900
1,341
1901
1,786
1902
1,893
1903
1,777
1904
1,304
1905
2,298
1906
909
1907
1,548
1908
1,170
1909
1,293
1910
961
1911
1,320
1912
1,024
1913
4,757
1914
785
1915
823
1916
1,092
1917
961
1918
68,753,583
1919
191,370,031
1920
10,001,164
1921
113,064
1922
2,447
1923
2,635
1924
1,918
1925
1,773
1926
2,594
1927
3,638
1928
1,394
1929
852
1930
1,329
1931
1,193
1932
442
1933
513
1934
504
1935
649
1936
638
1937
339
1938
607
1939
629
1940
366
1941
407
1942
562
1943
8,080,983
1944
44,658,876
1945
394,317
1946
97,072
1947
688,946
1948
362,240
1949
242,666
1950
274,623
1951
334,439
1952
351,642
1953
378,993
1954
498,034
1955
669,317
1956
1,700,211
1957
216,481
1958
190,531
1959
332,669
1960
191,585
1961
196,520
1962
333,175
1963
1,080,724
1964
1,293,378


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