1893 Proof Columbian Half Dollar

Coin Details

Auction Record

$23,000 PR63 03-22-2012 Stack's Bowers

Description

The 1893 Proof Columbian Half Dollar is a proof commemorative half dollar struck at the Philadelphia Mint. With a mintage of only 5, this is an extremely rare issue. Authorized by Congress for the 1892-1893 World's Columbian Exposition in Chicago, this was the first commemorative coin issued by the United States. The obverse features a bust of Christopher Columbus facing right, while the reverse displays the Santa Maria sailing above two globes representing the Old and New Worlds, with the dates 1492 and 1892. Designed by Charles E. Barber/George T. Morgan. Despite a higher authorized mintage in 1893, large quantities were returned and melted, making surviving examples from this year scarcer than the mintage suggests. Struck in 90% silver, 10% copper, weighing 12.5 grams, 30.6 mm in diameter, with a reeded edge. Cataloged as PCGS #9298. As the coin that launched the entire U.S. commemorative series, the Columbian Half Dollar holds a foundational place in numismatic history. Despite high total mintages, gem uncirculated examples with strong luster command significant premiums.