The war was over, the men were home, but all was not well with the economy. The DJIA was down about 2% to just above 177. Gold was unchanged for the third year in a row at $34.71, and silver dropped almost a nickel to 70 cents. But things weren’t all bad. Truman issued an executive order ending segregation in the Armed Forces, Polaroid sold their first camera in America, and the US announced plans to send objects into earth’s orbit.
All three mints produced the cent, nickel, dime, and quarter while the newly issued Franklin Halves were only minted in Denver and Philadelphia. With the war ending, foreign nations didn’t have to depend upon the US to acquire their coinage resulting in only three foreign coins being minted for two countries. No, this wasn’t a great year for collectors.
* Double mint set available for all circulating coins (42 coin set)