The 1926 United States Sesquicentennial Half Dollar is a fascinating coin that commemorates the 150th anniversary of American independence. Minted as part of the Sesquicentennial Exposition in Philadelphia, this half dollar holds both historical and numismatic significance. For collectors, this coin offers a unique glimpse into early 20th-century commemorative coinage and American history.
This guide explores the origins, design, mintage, and value of the 1926 Sesquicentennial Half Dollar, helping collectors understand its importance and potential as an investment piece.
History and Background
The United States celebrated its 150th anniversary of independence in 1926, a milestone marked by numerous events, including the grand Sesquicentennial Exposition held in Philadelphia. To commemorate the occasion, Congress authorized the minting of a commemorative half dollar and a gold $2.50 quarter eagle. These coins were intended to honor the nation’s founding and promote patriotism.
Design and Specifications
The design of the 1926 Sesquicentennial Half Dollar reflects themes of liberty and history but is considered by some to be less elaborate than other commemorative coins of the era.
- Obverse Design: The obverse features jugate busts of George Washington and Calvin Coolidge, making it one of the few U.S. coins to depict a living president. Washington is placed in the foreground, symbolizing his leadership during the American Revolution. Above the busts, the inscription reads “SESQUICENTENNIAL OF AMERICAN INDEPENDENCE.”
- Reverse Design: The reverse depicts the Liberty Bell, a well-known symbol of American freedom and independence. The legend “UNITED STATES OF AMERICA” and “HALF DOLLAR” surrounds the bell, with the anniversary dates “1776-1926” prominently displayed.
The coin is composed of 90% silver and 10% copper, weighs 12.5 grams, and has a diameter of 30.6 millimeters, standard for half dollars of the era.
Mintage and Distribution
A total of 1,000,528 coins were minted, including 528 reserved for assay purposes. Despite the relatively high mintage, the Sesquicentennial Half Dollar did not sell as well as expected. Many coins remained unsold and were subsequently melted down, reducing the number available to collectors today.
Rarity and Value
The value of a 1926 Sesquicentennial Half Dollar depends on its condition and whether it has been cleaned or altered. While it is not an exceptionally rare coin, its historical importance and commemorative nature make it a desirable piece for collectors.
- Circulated examples can typically range in value from $50 to $150, depending on wear.
- Uncirculated examples in grades such as MS-63 or MS-65 are more valuable, often selling for $300 to $500 or higher, especially if they exhibit strong luster and sharp details.
- Certified coins from grading services like PCGS or NGC tend to command premium prices.
Collecting Tips
For those interested in acquiring the 1926 Sesquicentennial Half Dollar, here are a few considerations:
- Focus on Condition: Look for coins in higher grades, as they hold more value and appeal. Avoid coins that have been cleaned or show signs of damage.
- Authenticity: Given its historical significance, ensure you purchase the coin from a reputable dealer or auction house. Certified coins offer added assurance of authenticity and quality.
- Historical Context: Consider pairing the half dollar with other Sesquicentennial memorabilia, such as the $2.50 gold quarter eagle or exposition-related items, to enhance your collection.
Conclusion
The 1926 United States Sesquicentennial Half Dollar is a cornerstone of early American commemorative coinage. Its design, while simple, honors the nation’s founding and offers a glimpse into the commemorative efforts of the 1920s. With its historical significance, connection to the Sesquicentennial Exposition, and moderate pricing, this coin is an excellent addition to any collection. For both novice and experienced collectors, the Sesquicentennial Half Dollar provides an opportunity to own a piece of America’s storied past.
FAQs
1. Why is the 1926 Sesquicentennial Half Dollar significant?
This coin commemorates the 150th anniversary of American independence and is a key piece of early U.S. commemorative coinage.
2. How much is a 1926 Sesquicentennial Half Dollar worth?
Values range from $50 for circulated examples to $500 or more for uncirculated coins in higher grades.
3. Where was the 1926 Sesquicentennial Half Dollar minted?
It was minted at the Philadelphia Mint and does not bear a mintmark.