united states columbian half dollar

The United States Columbian Half Dollar: A Commemorative Coin With History

The United States Columbian Half Dollar, minted in 1892 and 1893, was the first commemorative coin authorized by the U.S. government. It was created to celebrate the 400th anniversary of Christopher Columbus’s arrival in the Americas. These coins remain popular among collectors for their historical significance and classic design.

History and Purpose

The Columbian Half Dollar was specifically designed to raise funds for the 1893 World’s Columbian Exposition in Chicago. Each coin was sold for one dollar, with the extra fifty cents going towards the exposition’s expenses. It marked a pivotal moment, as it was the first time the United States produced a commemorative coin specifically for a fundraising endeavor.

Design and Features

Obverse (Front)

The obverse of the coin features a portrait of Christopher Columbus, facing right. The inscription “United States of America” arcs along the top rim, while the denomination “Half Dollar” is along the bottom. The year of minting, 1892 or 1893, is located beneath Columbus’s bust.

Reverse (Back)

The reverse shows two globes, representing the Western and Eastern Hemispheres, superimposed on each other. Above the globes is the inscription “World’s Columbian Exposition Chicago.” Below the globes is the date “1492-1892” or “1492-1893”, depending on the year it was minted. The design is generally considered aesthetically pleasing and reflects the theme of global discovery.

Mintage and Value

Approximately five million Columbian Half Dollars were minted over the two years. Despite the large mintage, circulated examples can still hold numismatic value, while uncirculated specimens command significantly higher prices depending on their grade and condition. Learn more about the Columbian Half Dollar on Wikipedia.

Collecting the Columbian Half Dollar

Collecting Columbian Half Dollars can be a rewarding experience. Factors like the coin’s condition, luster, and strike quality significantly impact its value. Collectors often seek examples certified by reputable grading services like PCGS or NGC to ensure authenticity and accurate grading.

FAQs About the Columbian Half Dollar

Why was the Columbian Half Dollar created?

It was created to raise funds for the 1893 World’s Columbian Exposition in Chicago, commemorating the 400th anniversary of Columbus’s voyage.

How much was the Columbian Half Dollar originally sold for?

It was sold for one dollar, with fifty cents going to the World’s Columbian Exposition.

What are the key design elements of the Columbian Half Dollar?

The obverse features Christopher Columbus, while the reverse depicts two globes representing the Eastern and Western Hemispheres.

How many Columbian Half Dollars were minted?

Approximately five million were minted over the two years, 1892 and 1893.

What determines the value of a Columbian Half Dollar?

The coin’s condition, luster, strike quality, and certification by grading services significantly impact its value.

Summary

The United States Columbian Half Dollar represents a significant moment in U.S. numismatic history. As the first commemorative coin, it served both a historical and fundraising purpose. Its design, mintage, and enduring popularity make it a prized possession for collectors and a reminder of the Columbian Exposition.