The 1936 Elgin Centennial Half Dollar is a notable coin that commemorates the 100th anniversary of the founding of Elgin, Illinois. With its detailed design and connection to American history, it has become a favorite among collectors of classic commemorative coins. The coin was authorized by Congress as part of a series of commemorative issues produced during the early 20th century to celebrate historical milestones across the United States.
This collector’s guide provides insights into the history, design, specifications, mintage, and current value of the 1936 Elgin Centennial Half Dollar, making it an essential resource for numismatists.
Historical Background
The 1936 Elgin Centennial Half Dollar was minted to celebrate the centennial of the founding of Elgin, Illinois, in 1835. Interestingly, the commemorative coin was released in 1936, a year after the actual centennial. The proceeds from the sale of these coins were intended to fund a pioneer memorial statue designed by sculptor Trygve Rovelstad. However, the project faced delays, and the statue was not completed until decades later, in 2001.
This coin is an example of the U.S. Mint’s commemorative coin program during the early 20th century, which focused on highlighting local history and significant anniversaries.
Design Features
The design of the 1936 Elgin Centennial Half Dollar is one of its most appealing aspects. Created by sculptor Trygve Rovelstad, the coin captures the pioneering spirit of the settlers who founded Elgin.
Obverse:
The obverse features the head of a male pioneer, symbolizing the strength and determination of early settlers. Surrounding the portrait is the inscription “PIONEER MEMORIAL” and the dates “1835” and “1935” to commemorate the centennial.
Reverse:
The reverse showcases a group of four pioneer settlers, including a woman and a child, representing family and community. The inscription “IN GOD WE TRUST” appears above, while the words “UNITED STATES OF AMERICA” and “HALF DOLLAR” are displayed at the bottom.
The design is notable for its intricate detail, making it a favorite among art enthusiasts as well as coin collectors.
Specifications
- Composition: 90% silver, 10% copper
- Weight: 12.5 grams
- Diameter: 30.6 mm
- Edge: Reeded
- Mintmark: None (all were minted in Philadelphia)
Mintage and Availability
The 1936 Elgin Centennial Half Dollar had a modest mintage of 25,015 coins, including 15 pieces reserved for assay purposes. Despite this low mintage, many coins were preserved in excellent condition because they were marketed directly to collectors.
While not as scarce as some other commemorative issues, the limited mintage and historical significance make it a desirable addition to any collection.
Value and Grading
The value of the 1936 Elgin Centennial Half Dollar varies depending on its condition and grade:
- Fine (F-12): $100–$120
- Extremely Fine (EF-40): $150–$180
- Uncirculated (MS-60): $200–$250
- Gem Uncirculated (MS-65+): $300–$450
Proof-like or exceptionally well-struck examples in high grades can command significantly higher prices at auction.
Why Collect the 1936 Elgin Centennial Half Dollar?
The 1936 Elgin Centennial Half Dollar appeals to collectors for several reasons:
- Historical Significance: It celebrates the pioneer heritage of Elgin, Illinois, and the broader history of westward expansion in the United States.
- Artistic Design: The detailed and symbolic design by Trygve Rovelstad sets it apart from other commemorative coins.
- Affordability: While rare in higher grades, this coin is relatively affordable for collectors looking to acquire a piece of American history.
Conclusion
The 1936 Elgin Centennial Half Dollar stands out as a remarkable example of classic American commemorative coinage. Its connection to Elgin’s history, combined with its striking design and limited mintage, makes it a prized possession for collectors. Whether you’re a seasoned numismatist or a newcomer to the hobby, this coin is a fascinating addition to any collection, embodying both artistic beauty and historical value.
FAQs
1. What is the significance of the 1936 Elgin Centennial Half Dollar?
The coin commemorates the 100th anniversary of Elgin, Illinois, and was created to fund a pioneer memorial statue by sculptor Trygve Rovelstad.
2. How much is the 1936 Elgin Centennial Half Dollar worth?
Depending on its condition, it ranges from $100 in Fine condition to over $400 for a Gem Uncirculated example.
3. Was the pioneer memorial statue ever completed?
Yes, although funds from the coin were intended for the statue, it wasn’t completed until 2001, decades after the coin’s release.