The Bicentennial coins entered circulation July 4, 1975, and 1.7 billion quarter dollars, 500 million half dollars and nearly 250 million dollars were minted throughout that year and the Bicentennial year.

In addition to the billions of coins struck for circulation and 4 million copper-nickel clad Proof sets, the Mint also struck 11 million three-piece sets of silver clad uncirculated coins and 4 million three-coin silver clad Proof sets.

The three-coin Proof set originally sold for $15, and uncirculated sets for $9, but rising silver bullion prices (from less than $5 an ounce in 1975 to more than $50 an ounce in 1980) forced the Mint to raise prices on the 40 percent silver coins to keep pace, to $20 and $15.

The Mint accepted orders for Proof sets through March 1985, and uncirculated sets through Dec. 31, 1986, what then Mint director Donna Pope said at the August 1986 convention of the American Numismatic Association was the end of "the longest-running offering of a single set" by the U.S. Mint.

The Bicentennial Quarter's reverse has a colonial drummer and a victory torch circled by 13 stars, one star for each state in the Union when the Declaration of Independence was signed.

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