1923-S 50C Monroe MS (PCGS# 9333)
The January 2013 Americana Sale
Lot Number: 12734
View the Original Auction
Vivid layers of electric-blue, rose, and gold-tan patina adorn each side of this visually enticing example. The rich original coloration is highlighted by strong, vibrant mint luster. Technically sound for the grade, with unblemished surfaces and bold striking definition. This is an exceptionally high grade example of this commemorative coin, better struck than normally seen. In 1923 it was desired to issue a commemorative half dollar for something -- the occasion being a film festival in Hollywood, but it seems that something else was needed to get the idea past Congress. Observing the century old Monroe Doctrine, which had nothing to do with the state of California at all, was proposed and accepted. The reverse design with human characteristics given to North and South America was copied from a token of the late 19th century and after that was used elsewhere before 1923.