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***Auction Highlight*** 1946 Iowa Near Top POP! Old Commem Half Dollar 50c Graded ms68+ By SEGS (fc)
Currency:USD
Category:Coins & Paper Money
Start Price:25.00 USD
Estimated At:3,250.00 - 6,500.00 USD
SOLD
475.00USDto floor+ buyer's premium
This item SOLD at 2021 Nov 29 @ 00:16UTC-05:00 : EST/CDT
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***Auction Highlight*** 1946 Iowa Near Top POP! Old Commem Half Dollar 50c Graded ms68+ By SEGS. The Iowa Commemorative marks the Final Run of the Old US Commemorative Program. The Iowa and the Booker T. Washington were approved on the same day by President Truman and mark an End to the Program. When looking at an Iowa Commemorative, check for signs of wear on the Eagle’s Neck and Head, and on the Building’s Central Pillars. After a period of dormancy for commemorative coins, the Iowa Centennial Half Dollar was produced and issued in 1946 to celebrate the 100th anniversary of Iowa’s statehood.Abuses of the commemorative coin program had come to the forefront after a Congressional hearing held on April 15, 1937. There were complaints about some programs which had ordered coins from a number of different mints over a number of years to create additional varieties and complaints about the curious distribution of some programs which resulted in few if any coins being sold to the public at issue prices. As a result of the hearings 81 bills proposing commemorative coins were buried and authority was revoked to produce additional coins for existing programs.The issuance of commemorative coins was reconsidered following a change in administration. The 1946 Iowa Centennial Half Dollar was authorized on August 7, 1946 with a maximum mintage of 100,000 pieces.The obverse design of the coins would feature the Old Stone Capitol. On the reverse of the coin was the image of an eagle adapted from the Iowa State Seal. The eagle holds a ribbon in its beak which reads, “‘Our Liberties Our Rights We Prize and Will Maintain”. The coins were distributed by the Iowa Centennial Committee for $2.50 to state residents and $3 to others. The entire authorized mintage sold out, with more than 90,000 distributed to residents. An amount of 500 pieces was set side for distribution in 1996, and 500 more pieces for distribution in 2046. In 1996, the coins were offered for $500 each in special holders. Sales were slow since the offering price was far above the market price for uncirculated pieces. A Corey's Pick, Bid to Win, Don't let it get Away Coin
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| From (Incl.) | To (Excl.) | Premium |
| 0.00 |
Infinite |
21% |
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