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The bill became law on June 16, 1936, with the signature of President Franklin D. Roosevelt, authorizing the minting of 25,000 half dollars. The law authorized the Albany committee to sell the half dollars at face value or at a premium, and required that the proceeds go to defray the cost of the anniversary celebrations. [17] [18]
The Cleveland Centennial half dollar is a commemorative United States half dollar struck at the Philadelphia Mint in 1936 and 1937, though all bear the earlier date. Sometimes known as the Cleveland Centennial Great Lakes Exposition half dollar, it was issued to mark the 100th anniversary of Cleveland, Ohio, as an incorporated city, and in commemoration of the Great Lakes Exposition, held in ...
^3 The George Washington Bicentennial half dollar was again proposed as a circulation coin. Washington was to appear on the half dollar for one year only in 1932. However, due to the lack of demand because of the Great Depression, no half dollars were minted for circulation for three years from 1930 to 1932. Washington quarters were struck instead.
A total of 20,000 half dollars arrived in Providence from the Philadelphia Mint by February 20, 1936; an additional 15,000 each were expected from the Denver and San Francisco Mints, but they had not been received. Those coins had been struck in January (Philadelphia and Denver) and February (San Francisco) 1936.
In August 1936, examples of the new half dollar were presented by the Tercentenary Commission to President Roosevelt. [35] Sales continued through the first few months of 1937. [29] As was the norm with other early commemoratives, the remaining unsold coins were returned to the mint for melting.
Franklin half dollars were issued from 1948 through 1963, according to the Gainesville Coins website. They were the last U.S. half dollar series struck entirely in 90% silver.
Congress authorized an explosion of commemorative coins in 1936; an unprecedented fifteen were issued. [3] One coin authorized and issued in 1936 was the Cincinnati Musical Center half dollar, controlled and profited from by Thomas G. Melish—and issued to celebrate a nonexistent anniversary. [4]
The Mint began making these half-dollars in 1964 to honor assassinated President John F. Kennedy. Check Out: 8 Rare Coins Worth Millions That Are Highly Coveted by Coin Collectors. 1925-S Lincoln ...
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