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leeg

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    1926 Declaration of Independence/Sesquicentennial Coins

    in US, World, and Ancient Coins

    Posted · Edited by leeg

    Just a bit of history:

    Ira and Larry Goldberg.png

    Half dollar coinage of 1,000,528 during May and June of 1926, with 528 coins for assay and 859,408 melted. Designs by John Frederick Lewis.1 modeling by John R. Sinnock. Sponsored by the National Sesquicentennial Exhibition Commission, Asher C. Baker, Director in Chief. Image courtesy of Ira and Larry Goldberg Auctions.

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    Quarter Eagle coinage of 200,226 with 226 coins for assay, 154,207 melted. Designed and modeled by John R. Sinnock. Image courtesy of Stefanie, coinsarefun, on the PCGS Coin Forum.

    Authorized by Congress on March 3, 1925 and issued to celebrate the one hundred and fiftieth anniversary of the signing of the Declaration of Independence and other purposes.

    1 An Illustrated History of U.S Commemorative Coinage, Don Taxay, Arco Publishing Company, Inc., New York, 1967, p. 117.

    Design:

    Half Dollar Obverse: Accolated busts of President Washington and President Coolidge, to right; in lower field, IN GOD WE TRUST; at top, around border, LIBERTY; at bottom, around border, UNITED STATES OF AMERICA. The sculptor’s initials appear at bottom of Washington’s bust. 

    Half Dollar Reverse: The Liberty Bell; in left field, 1776; in right field, 1926; on slightly raised band around entire border, SESQUICENTENNIAL OF AMERICAN INDEPENDENCE . HALF DOLLAR . in upper, E. PLURIBUS UNUM. 

        The bell is inscribed with Leviticus 25:10, ‘Proclaim liberty throughout all the land unto all the inhabitants thereof.’ The verse refers to the Year of Jubilee when slaves were to be set free in accordance with Hebrew tradition.

        The inscription on the Bell is in very small letters and is given herewith in the form in which it appears upon the coin, as well as with the complete text, with the portions not shown in brackets: 

        As the Bell was created to commemorate the golden anniversary of Penn's Charter, the quotation ‘Proclaim Liberty throughout all the land unto all the inhabitants thereof, from Leviticus 25:10, was particularly apt. For the line in the Bible immediately preceding ‘proclaim liberty’ is, ‘And ye shall hallow the fiftieth year.’ What better way to pay homage to Penn and hallow the 50th year than with a bell proclaiming liberty? 

    2 ½ Dollar Obverse: Figure of Liberty, to left, holding in right hand a torch and in left hand a scroll, the latter emblematic of the Declaration of Independence, and standing on a segment of globe; in lower left field, 1776; in middle right field, 1926; at top, around border, UNITED STATES OF AMERICA; at bottom, around border, LIBERTY. 

    2 ½ Dollar Reverse: Independence Hall, Philadelphia; in upper field, IN GOD WE TRUST; below, E PLURIBUS UNUM; at top, around border, SESQUICENTENNIAL OF AMERICAN INDEPENDENCE; at bottom, around border, 2½ DOLLAR. The artist’s initials JRS are incused above right wing of the Hall.

     

        “If all the proposed new United States commemorative coins are issued, collectors will be able to add a number of new ones during the coming year to this interesting and rapidly growing series.

        First in importance, but which will probably be the last of the new ones to be issued, are those commemorating the sesquicentennial of the Signing of the Declaration of Independence. Authority for these is vested in Senate Joint Resolution 187, introduced by Senator Pepper, of Pennsylvania. As introduced, the resolution provided for the issue of 500,000 $1.50 gold pieces, 500,000 silver 50-cent pieces, and the Secretary of the Treasury was also authorized to issue notes of $1 denomination of special design. As passed, the resolution provided for a $2.50 gold piece, a silver 50-cent piece, and the section authorizing the special $1 note was omitted. The resolution also creates a commission, to be known as the National Advisory Commission to the Sesquicentennial Exhibition Association, to be composed of the Secretary of State and the Secretary of Commerce and two citizens from each of the several States and each of the United States possessions. The commission is to confer with and advise the officers and directors of the Sesquicentenial Exhibition Association in connection with the holding of a national and international exhibition in Philadelphia in 1926 in celebration of the one hundred and fiftieth anniversary of the Signing of the Declaration of Independence. The usual features of the coinage laws apply to this issue of coins.”2

    2 The Numismatist, New United States Commemorative Coins, April 1925, p. 200-201.

    More to follow.

    Undervalued coins/coin series

    in US, World, and Ancient Coins

    Posted

    On 3/29/2021 at 1:26 AM, GoldFinger1969 said:

    These commemoratives -- unlike some modern commemoratives that are mostly bullion silver or gold and NOT made by the U.S. Mint -- were struck by the Mint.  They REALLY took off in the past bubbles, I'm not sure why.  

    Was it because they were less expensive than Morgans or Saints and the % rise was thus bigger -- and the fall, too ?  Did dealers push them because the mark-ups (profit margins) were higher and there was less competition than with the stuff that everybody (including telemarketers) were selling ?

    The Society for U.S. Commemorative Coins was formed in 1983.  They started the Commemorative Trail Newsletter.

    All the Heavy Hitters in the Early Commemorative series were part of this Society.

    Maybe a good reason prices rose?

    Challenge Coins

    in US, World, and Ancient Coins

    Posted · Edited by leeg

    Did a search and didn't find this topic. I for sure didn't want to go thru 100 + pages to find one.

    I retired from the United States Navy in 1996.  I found this piece and wanted to share. Post yours if you have one.  :)

    And yes, I did cross into the Artic Circle on an Aircraft Carrier and do have this card.

     

    Blue Nose Card.png

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    Post your most recent acquisition: US

    in US, World, and Ancient Coins

    Posted · Edited by leeg

    In February thru April, 1924, 142,080 pieces were coined at the Philadelphia Mint with 80 pieces reserved for annual assay and 87,000 sold for a $1 each to the public. A quantity of 55,000 pieces went back to the Treasury Department, which placed the coins into circulation. Designed by George T. Morgan chief engraver of the mint, used designs suggested by Dr. John Baer Stoudt. Distributed by The National Huguenot-Walloon New Netherland Commission, Inc., Rev. John Baer Stoudt, director.  Associated with the Federal Council of Churches of Christ in America. Image courtesy of GC.

         Approved by Congress on February 26, 1923 and issued in commemoration of the three hundredth anniversary of the settling of New Netherland, the Middle States, in 1624, by Walloons, French and Belgian Huguenots, under the Dutch West India Company.

     Coin Description:

    Obverse: Profiles of Admiral Coligny and William the Silent, with their names, in small letters, below. Inscription above, ‘United States of America.’ Below, ‘Huguenot Half Dollar.’ To right of busts, ‘In God We Trust.’ 

    Reverse: Ship Nieu Netherland, in which the first 30 families of settlers came to New York, with the dates at the sides, 1624 and 1924. Inscription above, Huguenot-Walloon Tercentenary. Below, Founding of New Netherland.

    GC 1924 Hugu Lg Combo 2.jpg