User:Wehwalt/sandbox/Alabama

Alabama Centennial half dollar

United States
Value	50 cents (0.50 US dollars)
Mass	12.5 g
Diameter	30.61 mm
Thickness	2.15 mm (0.08 in)
Edge	Reeded
Composition	90.0% silver 10.0% copper
Silver	0.36169 troy oz
Years of minting	1921
Mintage	without "2X2": 64,038 including 38 pieces for the Assay Commission With "2X2": 6,006 including 6 assay pieces
Mint marks	None, all pieces struck at the Philadelphia Mint without mint mark
Obverse
Design	Thomas Kilby and William Bibb
Designer	Laura Gardin Fraser
Design date	1921
Reverse
Design	Adaptation of the State Seal of Alabama.
Designer	Laura Gardin Fraser
Design date	1921

The Pilgrim Tercentenary half dollar or Pilgrim half dollar was a commemorative fifty-cent coin struck by the United States Bureau of the Mint in 1920 and 1921 to mark the 300th anniversary (or tercentenary) of the arrival of the Pilgrims in North America. It was designed by Cyrus E. Dallin.

Massachusetts Congressman Joseph Walsh was involved in joint federal and state efforts to mark the anniversary. He saw a reference to a proposed Maine Centennial half dollar and realized that a coin could be issued for the Pilgrim anniversary in support of the observances at Plymouth, Massachusetts. The bill moved quickly through the legislative process and became the Act of May 12, 1920, with the signature of President Woodrow Wilson.

Some aspects of the design were criticized by James Earle Fraser, but the Treasury approved it anyway. After a promising start to sales, they tailed off, and tens of thousands of coins from each year were returned for melting. Numismatist Q. David Bowers has criticized the fact that the coins were struck in a second year as the start of a trend to create more varieties that collectors would have to obtain to have a complete set.

Inception

Alabama was admitted to the Union in 1819, and celebrated its centennial in 1919. The Alabama Centennial Commission sponsored a number of local celebrations in the state in 1919 and 1920, but was beginning to wind down its operations before it began the push for a centennial coin. Numismatists Anthony Swiatek and Walter Breen speculated that the members heard of other states which had gotten or which sought a commemorative coin, and, out of local pride, wanted the same for Alabama. The coin would also help with fundraising, and the proceeds were to be used for "historical and monumental" purposes. They persuaded the local congressman, Lilius Bratton Rainey, to push for passage of a bill authorizing the coin.

In 1920, commemorative coins were not sold by the government—Congress, in authorizing legislation, usually designated an organization which had the exclusive right to purchase them at face value and vend them to the public at a premium. In the case of the Alabama Centennial half dollar, the centennial commission was the authorized group.

Legislation

Rainey introduced legislation for an Alabama Centennial half dollar in the House of Representatives on February 28, 1920, with the bill designated as H.R. 12824. It was referred to the Committee on Coinage, Weights and Measures, of which Indiana Congressman Albert Vestal was the chairman. That committee held hearings on the bill on March 26, 1920, as well as on the coinage proposal that would become the Pilgrim Tercentenary half dollar, with the Alabama coin the first order of business. Congressman Rainey, in his bill, had asked for 100,000 quarter dollars, and while addressing the committee stated that the sole criticism of his coinage proposal in the Alabama press was one article suggesting he should have asked for double the amount. The choice of denomination came as a surprise to Ohio's William A. Ashbrook, a coin collector, who asked why Rainey was not asking for half dollars, as other states had. Rainey was amenable to that, and also accepted Ashbrook's discouragement of the doubling of the authorized figure. The committee voted to recommend Rainey's bill, with an amendment to provide for half dollars instead of quarters, and then proceeded to consider the Pilgrim proposal. Vestal had two days previously written to Treasury Secretary David F. Houston about the Pilgrim coin, and Houston responded that while his department had not opposed the Maine Centennial (previously approved by the committee) or Alabama coinage bills, the Treasury had concerns that issuing large numbers of different designs would aid fraudsters. Vestal issued a report on behalf of his committee on March 27, 1920, indicating his committee's support for the Alabama bill once amended, and attaching the note from Secretary Houston.

The three coinage bills—Maine Centennial, Alabama Centennial, and Pilgrim Tercentenary—were considered in that order by the House of Representatives on April 21, 1920. As the Maine piece was considered, Ohio's Warren Gard asked a number of questions about the bill's provisions, though he did not object to its passage. When the Alabama bill came to the floor, Vestal yielded time for a statement in favor from Rainey, which began with a brief explanation of the bill followed by a much longer paean to the glorious history of his home state, and his conclusion drew applause. Gard then questioned Vestal, and learned that another coin, the Pilgrim one, was next on the House's agenda. Gard then expressed his concern about commemorative coins, "but for the life of me I can not see what advantage there is for a State celebration to gather up a lot of coins with a particular stamp on them. It seems to me rather to cheapen the national coin. because it looks like an old-fashioned medal at a county fair rather than the half dollar of the daddies, to use the old expression. I think that these propositions are open to serious objection, which, of course, should be voiced by the Secretary of the Treasury." Vestal agreed to pass on Gard's concerns to Secretary Houston, and the Alabama bill passed without dissent, to be followed by the Pilgrim one, again after questioning from Gard.

The following day, April 22, 1920, the House notified the Senate of its passage of the bill. The bill was referred to the Senate Committee on Banking and Currency; on April 28, Connecticut's George P. McLean reported it back with a recommendation it pass.

On May 3, McLean asked that the three coin bills (Maine, Alabama and Pilgrim) be considered by the Senate immediately, rather than waiting their turns, but Utah Senator Reed Smoot objected: Smoot's attempt to bring up an anti-dumping trade bill had just been objected to by Charles S. Thomas of Colorado. Smoot, however, stated if the bills had not been reached by about 2:00 pm, there would probably not be any objection. When McLean tried again to advance the coin bills, Kansas' Charles Curtis asked if there was any urgency. McLean replied that as the three coin bills were to mark ongoing anniversaries, there was a need to have them authorized and get the production process started. All three bills passed the Senate without opposition and the Alabama bill was enacted with the signature of President Woodrow Wilson on May 10, 1920.

Preparation

Alabama Governor Thomas Kirby had a three-member commission headed by Owen decide what design the state should recommend for the coins, and it solicited proposals from the public, but rejected all submissions. On June 1, 1920, Owen proposed to Kirby that one side have a depiction of the Alabama Capitol building and the other jugate heads of James Monroe (president at the time of Alabama's admission in 1819) and Woodrow Wilson (president in 1919). Kirby sent the proposal, which included rough sketches, to the Director of the Mint, Raymond T. Baker, who forwarded it to the Commission of Fine Arts for its opinion. Its sculptor-member, James Earle Fraser, designer of the Buffalo nickel, disliked the capitol as a subject, feeling that buildings never translated well to coins. When this went back through channels to Owen, her committee reconsidered the building, and on June 24 she wrote to Baker substituting a design based on the Alabama State Seal, focused upon the eagle that is part of it, and if that was not acceptable, Owen suggested the design of the half dollar current in 1819. There the matter rested for an entire year.

Swiatek and Breen describe the Alabama half dollar as caught up in the presidential election of 1920, as a Republican administration might not be willing to put the Democrat Wilson on a coin, or might insist on the new incumbent appearing, something likely to dampen sales in Alabama. The Republican, Ohio Senator Warren G. Harding won the election and was inaugurated in March 1921. On June 29, 1921 Owen wrote to Baker, suggesting a new pair of honorees for the coin: Kirby, the state's chief executive at the time of the 1919 centennial, and the state's first governor as a state, William Bibb. She also asked if bids could be taken for preparing the plaster models and hubs, which under the legislation was the state's responsibility. PUBLIC LAW OR FLYNN Cartoonist Frank Spangler of the Montgomery Advertiser prepared sketches of the new design. James Fraser suggested that his wife, Laura Gardin Fraser, a noted sculptor, create the plaster models, and she received the commission. She shipped her completed work to the Commission of Fine Arts on September 22, 1921 and gained their approval; the models were then sent to the Philadelphia Mint for use in making coinage dies.

Design

The obverse of the coin features jugate busts of Bibb, Alabama's first governor as a state, and the incumbent in 1919, Kirby. In so appearing, Kirby became the first living person depicted on a U.S. coin. Anthony Swiatek, in his volume on commemoratives, avers that the issuance was not controversial at the time, as the Act of May 16, 1866 that forbids the depiction of living people on currency was deemed to refer to paper money only, but Q. David Bowers wrote that the portrayal caused contemporary comment, for the position of the U.S. government (excepting some paper money issues of the 1860s) was that living people should not appear on money. A total of 22 stars flank the busts, symbolic of Alabama being the 22nd state; a message reinforced on those pieces bearing the inscription 2X2 in the obverse field. The X in that inscription alludes to the St. Andrew's cross on the flag of Alabama. The date, the names of the governors, and various other inscriptions appear towards the rim of the obverse.

The reverse features a warlike eagle, possessing arrows and a shield, but no olive branch to symbolically counter the instruments of war; both branches and arrows are often both present in heraldic depiction of eagles on coins. The eagle's beak holds an end of a ribbon on which is inscribed the Alabama state motto, "HERE WE REST" about which Swiatek and Walter Breen, in their 1988 book comment "no pun intended about the sleepy Deep South".

Bowers complained that the centennial dates on the reverse, plus the 1921 for the year of striking, lead to "a bewildering confusion of dates to the casual observer". Numismatic historian Don Taxay deemed the half dollar "one of the most successful portrait coins in the commemorative series. The heads of Bibb and Kilby are true, and yet contain more than a touch of the ideal. They are beautifully related to each other. The eagle is equally fine".

Art historian Cornelius Vermeule considered the Alabama coin "a good example of the trite motifs, partly real and partly symbolic, that go into one of these statehood commemoratives". He suggested that the use of the jugate portraits "recall that this classical deice was first revived in American coinage on the Washington-Lafayette silver dollar of 1900. He concluded that "vigorous lettering has saved uninteresting portraits from weakening the reverse and the defiant eagle of the obverse is handled in a spirit worthy of Saint-Gaudens."

Production, distribution, and collecting

President Warren G. Harding addresses a segregated crowd in Birmingham, October 26, 1921, the first day of the coin's distribution

James Fraser had suggested to Fine Arts Commission chairman Moore that the Alabama committee be told that the Missouri Centennial half dollar issuers were having "2★4" placed on some of their coins, symbolizing Missouri being the 24th state and creating a second variety for collectors to obtain. Owen already knew of this, and "2X2" was placed on the obverse. A total of 6,006 half dollars were struck in October 1921, with six of them placed aside at Philadelphia for inspection and testing at the 1922 meeting of the annual Assay Commission. They were placed on sale on October 26, 1922, the day of President Harding's visit to Birmingham, Alabama, where he as a Mason laid the cornerstone for the city's new Masonic temple, and as president addressed a segregated crowd, urging improvement of race relations. Official records show the 6,006 to be of the 2X2 variety, and this was long accepted by numismatic historians. One local numismatist recalled buying two of the half dollars then, and over fifty later, all of the plain variety, and averred that none of the 2X2 could have been sold in Birmingham on the first day. As Owen wrote that the first 5,000 received bore the mark, Swiatek concluded that 1,000 of the October mintage was of the plain variety, all that was all that was for sale in Birmingham. In December, 64,038 more were minted, with 38 set aside for assay. These were of the plain variety, as the mark had been ground off the die. Bowers suggested that the mintage figures may be incorrect, and the 2X2 nearly as common as the plain variety.

Both varieties were sold by the centennial commission for $1, and primarily went to citizens of Alabama; banks throughout the state sold them. When they could not be sold, 5,000 of the plain variety were returned to the Mint and melted.

Although the 2X2 coins are only a tenth of the total mintage, they are considerably more common than that, as people were aware of their scarcity, with more saved and fewer spent in hard times. According to the deluxe edition of R. S. Yeoman's A Guide Book of United States Coins published in 2015, the Pilgrim half lists for between $85 and $650 without 2X2 and between $170 and $850 with. A specimen of the plain in exceptional condition sold for $7,344 in 2014.

References

Five-cent stamp for the tercentenary depicting the signing of the Mayflower Compact

Sources

• Bowers, Q. David (1992). Commemorative Coins of the United States: A Complete Encyclopedia. Wolfeboro, NH: Bowers and Merena Galleries, Inc. ISBN 978-0-943161-35-8.
• Flynn, Kevin (2008). The Authoritative Reference on Commemorative Coins 1892–1954. Roswell, GA: Kyle Vick. OCLC 711779330.
• Sinclair, Andrew (1969) [1965]. The Available Man: The Life behind the Masks of Warren Gamaliel Harding (1st Quadrangle Paperback ed.). Quadrangle Books. OCLC 422550801.
• Slabaugh, Arlie R. (1975). United States Commemorative Coinage (second ed.). Racine, WI: Whitman Publishing. ISBN 978-0-307-09377-6.
• Swiatek, Anthony (2012). Encyclopedia of the Commemorative Coins of the United States. Chicago: KWS Publishers. ISBN 978-0-9817736-7-4.
• Swiatek, Anthony; Breen, Walter (1981). The Encyclopedia of United States Silver & Gold Commemorative Coins, 1892 to 1954. New York: Arco Publishing. ISBN 978-0-668-04765-4.
• Taxay, Don (1967). An Illustrated History of U.S. Commemorative Coinage. New York: Arco Publishing. ISBN 978-0-668-01536-3.
• United States House of Representatives Committee on Coinage, Weights and Measures (March 26, 1920). Authorizing Coinage of Memorial 50-Cent Piece for the State of Alabama. United States Government Printing Office. {{cite book}}: Unknown parameter |subscription= ignored (|url-access= suggested) (help)
• Vermeule, Cornelius (1971). Numismatic Art in America. Cambridge, MA: The Belknap Press of Harvard University Press. ISBN 978-0-674-62840-3.
• Yeoman, R.S. (2015). A Guide Book of United States Coins (1st Deluxe ed.). Atlanta, GA: Whitman Publishing. ISBN 978-0-7948-4307-6.