USA ½ dollar 250th Anniversary-New Rochelle 1938

USA, Philadelphia
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Rarity

Extremely Rare

Attributes of Coins

RegionUSA
Denomination½ dollar
Krause numberKM# 191
Mintage15,266
MetalSilver 0.900
thickness2 mm
diameter30.6 mm
weight12.5 g
Obverse:
coin obverse image
Great people
Creators:
Getrude K. Lathrop (GKL)
1688
1899
GKL
INCORPORATED
NEW ROCHELLE
NEW YORK
SETTLED
Reverse:
coin reverse image
Creators: Getrude K. Lathrop (GKL)
1938
E PLURIBUS UNUM
HALF DOLLAR
IN GOD WE TRUST
LIBERTY
UNITED STATES OF AMERICA

Introduction of Coins

The 1938 New Rochelle Half Dollar was one of several early commemorative issues that celebrated an event of primarily local significance with the issuance of a coin on a national scale. These coins were conceived and planned by the Westchester County Coin Club of New Rochelle, New York. Initially, Lorrilard Wise was engaged to prepare the designs for the coin. Her first models featured a Native American crouching in the grass and watching a boat carry settlers to the shore on the obverse and the city seal on the reverse. The Commission of Fine Arts rejected the designs, recommending changes, which were executed and also rejected. Eventually, Gertrude Lathrop, who had designed the 1936 Albany Half Dollar, was engaged to prepare new designs for the New Rochelle Half Dollar. Her obverse design would depict John Pell and a fatted calf, which recalls the sale of the original land upon which the city now stands. One of the conditions of the sale was for Pell or his heirs to receive a fatted calf each year on June 24. The reverse design features the fleur-de-lis, taken from the seal of the city. Similar to the obverse, the single design element is presented in a flat and open field with sharply contrasting lettering. Authorizing legislation provided that the coins should be dated 1938, without regard to when the coins were actually minted, and have a maximum mintage of 25,000 pieces. The Philadelphia Mint struck the entire amount in 1937, which were sold through the New Rochelle Commemorative Coin Committee for $2 each. Eventually, almost 10,000 pieces were returned to the mint for melting, resulting in a small net distribution of 15,266 coins.Read More
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