The concept was to commemorate the two hundredth anniversary of the United States' independence by issuing commemorative coins.
There are three denominations of currency that are now in circulation: a quarter (25 cents), a half dollar (50 cents), and a dollar ($1).
The Mint mints these currencies. A combination of clad coins for circulation and silver coins that were marketed to collectors as part of the Bicentennial Sets were included in the coinage
Also, they produced proof sets consisting of six coins.
Compared to the clad coins, which had the typical proportion of circulating coins, which was 91.67% copper and 8.33% nickel
A core made entirely of copper was plated with a mixture consisting of 75% copper and 25% nickel in this combination.
Consequently, the coins had the same luster as the original silver coins, but they were produced at a tenth of the cost, which resulted in enhanced mint coffers.