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***Auction Highlight*** 1936-p Cincinnati Old Commem Half Dollar 50c Graded GEM Unc By USCG (fc)

Currency:USD Category:Coins & Paper Money Start Price:4.00 USD Estimated At:287.50 - 575.00 USD
***Auction Highlight*** 1936-p Cincinnati Old Commem Half Dollar 50c Graded GEM Unc By USCG (fc)
***Auction Highlight*** 1936-p Cincinnati Old Commem Half Dollar 50c Graded GEM Unc By USCG. The 1936 Cincinnati bears the distinction to be the most corrupt and made solely for greed commemorative of a very corrupt series. The 1936 Cincinnati commemorative half dollars were struck in very limited quantiles at all three Mints. A little over 5,000 coins were distributed for the 1936, 1936-D and 1936-S Cincinnati's. This commemorative was a totally contrived issue. It was supposed to commemorate the 50th anniversary of Cincinnati as "a center of music, and its contribution to the art of music for the past 50 years." It featured the obverse bust of Stephen Foster. The only problem was that no one outside of the few promoters of the Cincinnati halves viewed Cincinnati as a music center in the United States and Stephen Foster spent only a very short time in the city and didn't write any of his famous songs there. Nonetheless, the Cincinnati's were struck and offered at $7.75 for the three coin set. But very few sets were sold to the public as most of the original mintage went to a small group of insiders. The value of the Cincinnati set almost immediately went to $40 to $50, netting the original conspirators a nice profit. By 1939/1940 they were back down to $15. Despite the dubious origins, Cincinnati commemoratives are quite popular with collectors today When examining a Cincinnati Commemorative friction is first evident on the obverse on Foster’s temple and cheekbone, and on the reverse will first appear on the goddess’ breasts and thigh. A Corey's Pick, Bid to Win Coin