# 844 - Modern Commemoratives Half Dollars - Part 7
Today we will continue the series "The Modern American Commemorative Half Dollars".
The info below comes mostly from: https://moderncommemoratives.com/
"The United States Modern Commemorative Coin program began in 1982. That year, the US Mint released commemorative half dollar coins to celebrate the 250th anniversary of the birth of George Washington. Since that date, commemorative coins have been issued nearly every year to celebrate famous American people, places, events, and institutions.
Each commemorative coin program is authorized under an Act of Congress. The Act typically specifies the subject to be commemorated, the denomination of coins to be issued, and the maximum authorized mintage for each. Additionally, most commemorative coin programs include surcharges added to the cost of each coin, which will be distributed to specified beneficiary organizations or fund projects that benefit the community."
They were issued in Brilliant Uncirculated and Proof finish.
They will be presented in the order they were minted, but only one of each design.
The seventh is the PR70 DCAM 1993-S "Madison".
"The 1993 Bill of Rights Half Dollar was one of three coins issued to honor James Madison and the Bill of Rights. The half dollar was struck in a composition of 90% silver, which was not typical for commemorative half dollars. In 1982, the George Washington Half Dollar had been struck in silver, but all subsequent half dollars had been struck in a clad composition."
PCGS graded 4,016 1993-S "Madison", with 107 as PR70 DCAM. 390,154 1993-S "Madison" were minted in San Francisco.
I bought this coin in 2013 for $189.00 and today's price is around $225.00. The issue price was $13.50.
The obverse of the coin features an image of James Madison writing the Bill of Rights. Montpelier, his home in Virginia, is depicted in the background.
The obverse was designed by T. James Ferrell.
The reverse of the coin features a hand holding a torch.
The reverse was designed by Dean McMullen.
Thank you for reading. Please comment, upvote, resteem and advise me.
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Another nice commemorative coin. It is struck well, both obverse and reverse are nicely struck! Thanks for sharing, my friend @ronavel, and take care 🥰🌺🤙
I could not find why they decided to use silver on this coin...
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So much of the history of my country is easily forgotten. These coins are like a history lesson @ronavel, and a coin collection my friend!!😀
There is an old saying that "Coins are History in your hands".
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That's what got me collecting Morgans, over one hundred years old and uncirculated!🤗
A very nice coin and it's good that it's increased in value. Imagine buying it for the original price of $13.50! Thank you for sharing @ronavel and have a lovely evening!
Only 107 from 4,016 were graded PR70 DCAM by PCGS. The chance that the one I bought in the Mint is a 70 is very small...
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But.....it could be! Take care friend!