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The Columbian half dollar, issued by the Bureau of the Mint in 1892 and 1893, marked the quadricentennial of Christopher Columbus's first voyage to the Americas. It was the first traditional United States commemorative coin.
The coin's design was influenced by a 16th-century painting owned by fair official James Ellsworth. Mint Chief Engraver Charles E. Barber's initial sketches were deemed unsatisfactory, leading to the adoption of a design by artist Olin Levi Warner, modified by Barber and his assistant, George T. Morgan.
Authorized for production in 1892, approximately 5,000,000 coins were struck, but half were melted due to oversupply. The coins were intended to raise funds for the 1893 World's Columbian Exposition and were sold at face value to the exposition, which then sold them to the public for one dollar each. Notably, the Remington Typewriter company purchased the first coin minted for $10,000, equivalent to over $285,000 today, and donated it to the Columbian Museum. Despite the premium price for some 400,000 coins, about 2,000,000 were released into circulation at face value, remaining in circulation as late as the 1950s.
Obverse
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Depicts a portrait of Christopher Columbus in profile, surrounded by the country name above and denomination below divided by stars. The initial of the Mint Chief Engraver Charles E. Barber (B) below the neck. * UNITED STATES OF AMERICA * |
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Reverse
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Depicts Christopher Columbus's flagship Santa María with two globes below, surrounded by the inscription above and the date of the issue below. The date of Columbus’s discovery of the new world “1492” appears split by the two globes. WORLD'S COLUMBIAN EXPOSITION CHICAGO |
Edge |
1/2 Dollar
400th Anniversary of the First Voyage of Christopher Columbus
Columbian Exposition
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KM# 117
400th Anniversary of the First Voyage of Christopher Columbus
Columbian Exposition