1893 Columbian Expo Silver Half Dollar (Circulated)
Hello and a #sublimesunday and #beautifulsunday to all!
Christopher Columbus' landing in the Americas was commemorated 400 years after his voyage, during the World's Columbian Exposition, which was also known as the renowned Chicago World's Fair.
Significantly impacting American art, architecture, and industrial optimism, the Columbian Expo half dollar is a legacy of this historic cultural event that also has numismatic significance. These coins were part of a scheme to raise money for the construction of the ambitious fairgrounds that eventually drew more than 27 million visitors.
1893 Columbian Expo Silver Half Dollar (Circulated)
The silver coins bear the dates 1892 and 1893, and marks Chicago's victory in the bidding to host the event and the latter of which marks the actual opening of the Fair. The 1892–1893 Columbian Expo Silver Half Dollar was the first commemorative or "souvenir" coin ever produced by the United States Mint for public use.
Christopher Columbus, for whom the World's Columbian Exposition was named, is depicted in a bust on the obverse field. The words "COLUMBIAN HALF DOLLAR" and "UNITED STATES OF AMERICA" are inscribed at the rim.
Coin Highlights:
Issued in 1892 and 1893 to commemorate the Chicago World’s Fair.
Contains 12.5 grams (0.4 Troy oz) of .900 Fine Silver.
Face value of a half dollar backed by the United States government.
Obverse side features an effigy of Christopher Columbus.
Reverse side features the ship SANTA MARIA.
The SANTA MARIA is seen sailing westward above two planispheres that split the year "1492" in the reverse field. The words "WORLD'S COLUMBIAN EXPOSITION," "CHICAGO," and the publishing date are written next to this.
Chicago's Fair Authority applied for a five million dollar grant from the U.S. Treasury to finish the ambitious fairgrounds, but the Treasury was only able to provide half of the total amount, citing recessionary constraints and difficult economic conditions. The Fair Authority offered to make up the shortfall by selling half-dollar commemorative coins, which they wanted to sell for a whole . As it occurred, the majority of the coins were either melted down or put back into circulation at face value, with very few selling at that price.
As you can see, the 1892-1893 Columbian Expo Silver Half Dollar is available to public mostly circulated coin grades under 60 on the standardized Sheldon scale. This coin shows maximum amounts of wear and impairment of luster, LOL.
I value it just the same for the commemorative coin that it is... The first known commemorative coin to be struck by the U.S. Mint, the 1892-1893 Columbian Expo Silver Half Dollar. U.S. Mint
Reference
https://www.usmint.gov/learn/coin-and-medal-programs/commemorative-coins/commemorative-coins-from-1892-1954
https://en.wikipedia.org/wiki/Christopher_Columbus
https://www.jmbullion.com/1892-1893-columbian-expo-silver-half-dollar-circulated/
https://www.britannica.com/biography/Christopher-Columbus
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Wow... Just nice piece od history...👍
Hello @tazi! Thanks for commenting!!!
Yes, it's the first commemorative silver coin minted by the US.
I hope you are fine, my friend!
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It seems quite old. But looks unique.
1893... I say it is old, hahaha!
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He was a terrible conductor.
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That’s got some cool toning
Hahaha, poor coin! What do I know? It was the first commemorative coin I got (after I featured it here). Yes, it is toned.
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Beautiful coin and Happy Sunday Fun Day! !LADY !BBH !WINE
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I'm a sucker for silver with a ship on it, and yours has some great toning as an added bonus! 😁
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One of the first commemorative coins I got. When it becomes my focus in stacking and I have the resources, I'll search for a better coin.
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No problem 🙂
I look forward to seeing what you get! 😁
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Does Santa Maria on the reverse of this silver coin count towards #piratesunday?
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Do you know how many of these Chicago World's Fair 50 Cent coins were minted @silversaver888 ?
Liz and I actually have one of these in our stack, I had forgotten all about it till you wrote this post😇😀
A total of 5,002,105 Columbian half dollars were struck, with the excess over the authorized mintage designated for inspection by the annual Assay Commission.[26]
With the fair closed, the question remained what to do with the some 4,600,000 half dollars which had not been sold. Organizers did not wish them to be issued, to preserve the premium price paid by purchasers.[26]
A million coins held by the Chicago banks were also placed in circulation. Although 2,501,700 half dollars were melted (all dated 1893), this still left a similar number of Columbians in public hands.
One reason for the lack of sales, and for the poor condition of many surviving specimens, was that while the fair was open, the economic Panic of 1893 began, one of the worst depressions in the nation's history—fifty cents could make the difference between a family eating or starving at a time when the average visitor to the fair spent $1.18.
Source: Wikipedia
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Wow @silversaver888 I did not know the history about the economic panic of 1893 I'm not sure why that is not taught in schools!🤔
Looks like we have not learned much economically we are still inflating our currency debasing it to this day!
Keep stacking my friend!!😀
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Sunday is a very special day to hang out and all these designs I love so much.
A special day, indeed, @djbravo !
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Wowzers. What a cool coin. I don't think I've seen that one before! Stack on saver! Cheerio Mofo!
It was the first commemorative half dollar I purchased some 4 1/4 years ago. I am glad you like it, @fat-elvis! I like your cheer! [Acknowledging toughness: Guys may use mofo to acknowledge someone’s toughness or badassery. It can be used to describe someone who is strong, fearless, or skilled in a particular area.]
CHEERIO, @fat-e;vis ! 🍔🍺
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He needed to get his grades up
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I have this coin, same year too. I haven't come around to writing it up yet but a fine coin further immortalizing Columbus and the Santa Maria.
Always, with love 🤗🌺❤️
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Awesome, sis! I know I bought a second Columbia Expo half dollar coin. I know I did. I'll find it somehow. Do you have difficulty looking for coins?
Much !LUV sis xoxo🤗🌺❤️
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Wow beautiful coin and a really nice tone on it , you really love them half's 🤣 !BBH
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Commemorative Halves, Walkers, Franklins, and JFKs... yes I love halves, and U.S. Dollars.
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Very cool sis! We have one of these as well and it is valued for the same reasons. Thanks for sharing; love ya much!🤗💜😘😍🌹🌸🌟💟 !LADY !LUV
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I still haven't shown you my 1928 Hawaiian Half Dollar that looks better than this MS67+ Graded Coin...
This one is showing a Value of 70,000 of today's Fiat USD's...
WOW!!! 'I think I'll show my Hawaii silver round. It is not the coin, but Hawaii anyway, hehehe! It is the most expensive round ever!!! You won't guess how much a paid for that 1 oz silver round !!!
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I can't wait for you to post it, and you're right... I won't guess...lol...
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...then I don't want to know how bad asworstos is.
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Coumbus, a handsome looking fella right there😃
Nice, I think I only have the 1892 one version! Such an awesome coin! You have a great collection that just keeps getting better!
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