Joe O’Donnell, digital content producer, joined the Coin World editorial staff in 2014. Joe writes web content, manages Coin World’s social media accounts, compiles content for daily digital eNewsletters, and contributes on occasion to the print magazine. He has enjoyed interacting withCoin World readers while covering the sale of coins from the Saddle Ridge Hoard and the 50th anniversary Kennedy half dollar releases.
6 things to know about America's Thanksgiving coin, the Pilgrim Tercentenary half dollar
Thanksgiving is approaching, when many Americans chow down on turkey, mashed potatoes and cranberry sauce and reflect on the peace and harmony between the Pilgrims and Native Americans during the inaugural feast at Plymouth Colony.
Yes or no, some collectors of early U.S. commemoratives don’t need the stuffing and pumpkin pie to be reminded of those early settlers, because they have a Pilgrim Tercentenary half dollar or two.
Here are the basics on the most Thanksgiving-y coin around:
1) When was the Pilgrim Tercentenary half dollar issued?
The Pilgrim Tercentenary half dollar was a two-year issue produced in 1920 and 1921, 300 years after William Bradford and his Puritan Separatists landed in Plymouth Colony, which is now the Cape Cod area.
The anniversary dates 1620 – 1920 appear on the reverse of the coins. The second year’s coins have the date 1921 on the obverse to indicate the year of issue, while the 1920 coins lack a corresponding 1920 on the obverse.
2) What is on the coin?
Boston sculptor Cyrus E. Dallin designed the coin’s obverse and reverse, with the former featuring “a stylized portrait of Bradford depicted on the obverse of the commemorative half dollar in typical Pilgrim garb, wearing a conical hat and carrying a Bible under his arm," Michele Orzano wrote in a 2000 Coin World article.
The reverse features a rendition of the Mayflower, the famous ship Bradford and the Separatists arrived on.
3) Is that what the Mayflower really looked like?
No, in fact Dallin's version of the vessel was met with criticism, Paul Gilkes wrote in a 1995 Coin World article.
"The Mayflower as it appears on the half dollar, is depicted with a flying jib, a triangular sail set on a stay extending from the head of the foremast to the bowsprit, or jib boom,” Gilkes wrote. "At the time the Pilgrims landed on Plymouth Rock in late 1620, that type of sail had not yet been put into marine use.”
4) How many coins were struck and how many are still around today?
The legislation authorizing the Pilgrim Tercentenary half dollar ordered 300,000 coins to be struck, Orzano’s article reads. The first strike in 1920 saw 200,112 coins produced, though 48,000 were melted, leaving a final mintage of 152,112. The dated 1921 versions had an original mintage of 100,053, but a final mintage of only 20,053 after 80,000 of those were melted down.
5) How much do they cost?
According to Coin World’s Coin Values, a 1920 Pilgrim Tercentenary half dollar is worth between $60 for a VF-20 example and $750 for an MS-66 example.
The range for the 1921 issue is between $100 for a VF-20 example and $1,000 for one grading MS-66.
6) Are there any notable errors?
Yes. In a Collectors’ Clearinghouse column from the July 6, 2009, issue of Coin World, Bill Fivaz focused on the discovery of new stages of a previously identified die crack on the reverse of the 1920 issue.
The first stage is characterized by "a small die crack between the mainmast and the mizzenmast (the aft-most mast) of the Mayflower,” Fivaz writes. It progresses through three more stages into what Fivaz refers to as a “huge” die break.
"This is an interesting and dramatic die break progression, with the later stages of the die break so large that the variety is potentially collectible,” Fivaz wrote.
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