The 1921 Alabama Centennial Half Dollar is a special coin that was created to celebrate Alabama’s 100th year of being a state. This coin is unique not just because of its history, but also because it features portraits of living people, which is rare in coin design. Let’s explore the story behind this interesting piece of American history.
The Story Behind the Coin
In 1919, Alabama celebrated 100 years since it became the 22nd state in the U.S. To honor this event, a commemorative half dollar coin was made in 1921. This coin not only reflects the history of Alabama but also the complicated issues surrounding its past, including slavery and civil rights.
Alabama’s Early History
Alabama’s journey began in 1540 when it was explored by Spain, followed by settlement by the French in 1702. The French held control until 1763, when they lost it to the British after the Seven Years’ War. After several treaties with Native Americans and neighboring colonies, Alabama officially became a state on December 14, 1819.
Economic Growth and Challenges
During the 19th century, Alabama’s economy was largely supported by slave labor. When the Civil War started, a significant portion of the population was enslaved. After the war, Alabama struggled with Reconstruction and racial issues. Although some progress was made, many challenges remained, including segregation laws that were enacted in the late 1800s.
The Design of the Coin
The design process for the Alabama Centennial Half Dollar was intriguing. The original design idea included the State Capitol and images of Presidents Monroe and Wilson, but these were rejected. Instead, the final design featured:
- Obverse (front): Portraits of William Bibb, Alabama’s first governor, and Thomas Kilby, the governor in 1919, along with the Alabama State Seal.
- Reverse (back): An eagle from the state seal with the motto “HERE WE REST.”
Table of Key Features
Feature | Description |
---|---|
Year Issued | 1921 |
Minting Limit | 100,000 coins |
Designers | Laura Gardin Fraser and James Earle Fraser |
Obverse Design | Portraits of Bibb and Kilby, Alabama State Seal |
Reverse Design | Eagle and state motto |
Special Mark | “2X2” on some coins |
Distribution and Rarity
The coins were first sold on October 26, 1921. Many of them were used as regular currency during the Great Depression. Because of this, most surviving coins are in lower grades. Higher-grade examples are rare and sought after by collectors.
Coin Grading
Grading is how we determine the quality and condition of the coin. Here are some common grades:
- MS60: Basic mint state, no significant wear.
- MS65: Gem quality, excellent condition.
- MS67: Very rare, outstanding quality.
What Is the Coin Worth?
The value of the Alabama Centennial Half Dollar varies widely based on its condition:
- MS63: Approximately $350
- MS65: Ranges from $600 to $700
- MS67: Can sell for over $10,000
Collectors should focus on coins graded MS63 or MS64 for the best value without spending too much.
Conclusion
The 1921 Alabama Centennial Half Dollar is more than just a coin; it is a piece of history that tells the story of Alabama’s past. With its unique design and the significance of its celebration, it is an essential part of American numismatic heritage. Collectors cherish this coin not only for its beauty but also for the rich history it represents. Whether you are a seasoned collector or just starting out, having this coin in your collection can be a rewarding experience.
FAQ’s
What is the significance of the 1921 Alabama Centennial Half Dollar?
The 1921 Alabama Centennial Half Dollar was issued to celebrate Alabama’s 100th anniversary as a state. It features portraits of William Bibb, the first governor, and Thomas Kilby, the governor during the centennial celebration, making it a unique commemorative coin in American history.
How many 1921 Alabama Centennial Half Dollars were minted?
A total of 100,000 coins were minted. However, many were circulated as regular currency during the Great Depression, leading to a wide range of conditions among surviving examples.
What is the value of a 1921 Alabama Centennial Half Dollar?
The value varies based on condition. Generally, coins in MS63 condition are valued around $350, while those in MS67 can exceed $10,000. Collectors typically seek higher-grade coins for the best value.