When coin collectors look for new additions, they often search for rare pieces of currency that were once used as actual legal tender. However, while pocket change from years past may be far more valuable now, commemorative coins are created in the present to honor a rich past. Here is a closer look at these unique coins and those that are most sought-after by collectors.
What Are Commemorative Coins?
For over a century, commemorative coins have been used to memorialize historical figures, groups, movements, and events in the United States. These coins are produced in limited quantities with unique designs. While they can be used as actual currency, their remarkable, artful designs make them more suitable for collecting and displaying. Many coin collectors begin the hobby by adding commemorative pieces to their shelves.
Since commemorative coins were first introduced to the nation in 1892, they have not only become a source of enjoyment for numismatists but also a benefit to the country as a whole. Commemorative coins are priced higher than normal currency, and the profits are put toward public work projects and special organizations. Since 1982, over $500 million has been raised for historical sites, museums, monuments, and Olympic programs.
What Are Some Popular Commemorative Coins?
Lafayette Silver Dollar
One of the earliest commemorative coins, this rare coin was created to celebrate the Paris World's Fair of 1900. The design features the side profiles of George Washington and the Marquis de Lafayette, a French soldier in the American Revolutionary War.
California Jubilee Half Dollar
This 50-cent coin was minted in San Francisco in 1925. Its front side depicts a kneeling prospector panning for gold during the mid-19th century Gold Rush.
Norfolk Half Dollar
While it has been marked with the year “1936,” this half dollar wasn’t minted until 1937. The design reveals a large ship with three masts, and it was created to celebrate the 200th anniversary of Norfolk, Virginia’s “royal borough” designation.
Washington Half Dollar
250 years after George Washington was born, this coin was used to relaunch the United States Commemorative Coin program. The 1984 Washington Half Dollar continues to be a popular choice among commemorative coin collectors. Its obverse side depicts the nation’s first president on horseback.
If you are interested in learning more about commemorative coins, reach out to Coins Plus of Cincinnati, OH. They have helped coin collectors buy, sell, and appraise their collections since 1972. Their store is proud to be a submission center for all three of the nation’s leading grading services as well as the city’s only Award Winning and PNG Dealer. To learn more about their services, visit the website, or call (513) 621-1996 to make an appointment.