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SERIES: Silver Commemoratives
LEVEL: Year, MintMark, & Major Variety

1921 50C Pilgrim (Regular Strike)

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PCGS MS68

PCGS MS67+

PCGS MS67+
PCGS #:
9360
Diameter:
30.60 millimeters
Designer:
Cyrus E. Dallin
Weight:
12.50 grams
Edge:
Reeded
Mintage:
20,053
Metal Content:
90% Silver, 10% Copper
Auction Record:
$7,475 • PCGS MS67 • 7-30-2008 • Heritage
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Rarity and Survival Estimates (Explain)
Grades Survival
Estimate 
Numismatic
Rarity 
Relative Rarity
By Type 
Relative Rarity
By Series 
All Grades 11,750 R-2.9 84 / 144 TIE 84 / 144 TIE
60 or Better 9,800 R-3.0 88 / 144 TIE 88 / 144 TIE
65 or Better 3,250 R-4.3 54 / 144 TIE 54 / 144 TIE
Condition Census (Explain) Show more rows
Pos Grade Thumbnail Pedigree and History
1 MS68 PCGS grade

J&L Collection

2 MS67+ PCGS grade

Heritage 1/2015:6507, $5,876.18

2 MS67+ PCGS grade
4 MS67 PCGS grade
4 MS67 PCGS grade
Condition Census (Explain) Show fewer rows
Pos Grade Thumbnail Pedigree and History
1 MS68 PCGS grade

J&L Collection

2 MS67+ PCGS grade

Heritage 1/2015:6507, $5,876.18

2 MS67+ PCGS grade
4 MS67 PCGS grade
4 MS67 PCGS grade
4 MS67 PCGS grade
4 MS67 PCGS grade
4 MS67 PCGS grade  
4 MS67 PCGS grade  
4 MS67 PCGS grade  

David Hall: The Pilgrim commemorative half dollars were struck for in two years, 1920 and 1921. The final distribution figures for the 1921 were considerably less than the 1920; 152,112 for the 1920, and only 20,053 for the 1921. According to Dave Bowers, the 1921 was the first commemorative "variety" "specifically created to increase sales to collectors." But sales of the 1921 Pilgrims were much smaller than the 1920, perhaps because of the economic recession of 1921, perhaps because a lot of collectors already "had" a Pilgrim.

If you look at the PCGS Population Report, there appears to be about twice as many 1920 Pilgrims as 1921's. My experience is that there man be three or four times as many 1920's as 1921's, but not seven times as many as the distribution figures would suggest. Interestingly, in Gem condition, the 1921 Pilgrim is only a little rarer than the 1920. Where there is a definite difference is in lower, circulated grades. Many 1920 Pilgrims went into circulation and many circulated survivors exist today. For the 1921, while not as impossible to find in circulated grades as many of the 1933-1939 era commemoratives are, circulated examples are few and far between. All of this suggests that both years were sold to collectors, dealers, and speculators, but only the 1920's were placed into circulation.

The typical 1921 Pilrim is well-struck and marks are not usually a problem. Luster is of the frosty type and various degrees of toning can be seen. The average grade is MS63 to MS65.