Lyndon Johnson Proved Gresham’s Law Is Correct In 1965 Lyndon Johnson assured the nation that “we expect our traditional silver coins to be with us in large numbers for a long, long time.” Share ...

The Coinage Act of 1965, signed by President Lyndon Johnson, eliminated 90% silver coins from circulation, according to a blog from ModernCointMart. That law mainly affected U.S. dimes and quarters.

John Kennedy’s father helped to buy his election. Lyndon Johnson made so many promises and twisted so many arms, he must have kept D.C. orthopedic MD.’s busy for the duration of his time in ...

The Coinage Act of 1965, signed by President Lyndon Johnson, eliminated 90% silver coins from circulation, according to a blog from ModernCointMart. That law mainly affected U.S. dimes and quarters.