Coin Community Family of Web Sites Live Coin auctions starting as low as $1
Like us on Facebook! Subscribe to our Youtube Channel! Check out our Twitter! Check out our Pinterest!
Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.
Welcome Guest! Need help? Got a question? Inherit some coins?
Our coin forum is completely free! Register Now!

Commems Collection Classic: To The Melting Pot #04 - 1951-54 Booker T Washington - George W Carver

 
To participate in the forum you must log in or register.
Author Previous TopicReplies: 3 / Views: 225Next Topic  
Pillar of the Community
Learn More...
United States
9684 Posts
 Posted 05/30/2023  08:07 am Show Profile   Bookmark this topic Add commems to your friends list Get a Link to this Message
Note: I've written multiple times about the BTW-GWC Half Dollar and prefer not to repeat too much of those posts here, so check out the links below for my previous posts on the topic which provide more details about the coin, the men honored and the involvement of the US Congress in the coin's creation.

In Melting Pot #03, I discussed the Booker T. Washington (BTW) Birthplace Memorial Half Dollar and the huge number of examples that were returned to the Mint to be melted or released into circulation at face value. (More here: To The Melting Pot #03 - 1946-51 Booker T. Washington Birthplace)

Sidney J. Phillips was also the promoter/driver behind the BTW-GWC Half Dollar, and was able to turn the "agony of defeat" that was the disappointing sales volume of the BTW coin into the potential "thrill of victory" when he convinced Congress to authorize him to use unstruck/melted BTW half dollars to provide the silver for new commemorative half dollars that jointly celebrated Booker T. Washington and George Washington Carver and financially supported the BTW Birthplace Memorial in Virginia and the GWC National Monument in Missouri.

The BTW-GWC program was authorized to run from 1951 through 1954 with a potential mintage of 3.148 million coins. Of this potential, 2.422 million coins were struck (~77%). Unfortunately, Phillips wasn't any more successful marketing the BTW-GWC coins than he was with the 1946-51 BTW half dollars. He continued to try novel community-based sales initiatives, (for example: 1951-54 George Washington Carver-Booker T Washington - Sharing The Wealth), but could never engage his target audience at the level he needed for his coins to be considered an unqualified sales success and finance his projects at the desired levels. Often the coins were sold at face value or just slightly above.

In the end, 1.093 million of the 2.422 million coins struck were returned to the Mint to be melted (~45%). On top of this figure, more than 100,000 of the coins were placed into circulation at face value. With over 1 million coins sold, however, it's hard to argue that the program was completely unsuccessful - but failing to meet sales expectations cast a lingering dark shadow over the program.

The BTW-GWC Half Dollar is reasonably easy to find in the marketplace in uncirculated as well as circulated grades - though some dates/mint marks are tougher than others - it is not a popular US commemorative coin. For example, I've never seen it make a "Top 10" list of collector favorites, and its design aesthetics are among the poorest of the series (IMO). (The inaccuracies in the map make its design appear amateurish!) That said, the issue does have its fans and some strive to assemble a complete date and mint mark set (12 coins).

1951-54 Booker T. Washington - George Washington Carver Half Dollar



For other of my posts about commemorative coins and medals, including more on the 1951-54 BTW-GWC half dollars, see: Commems Collection.


For a list of posts specifically about the Design Details of the 1951-54 BTW-GWC half dollars, see:

- Design Discussions - 1951-54 George Washington Carver - B T W National Memorials





Collecting history one coin or medal at a time! (c) commems. All rights reserved.
Edited by commems
05/30/2023 1:13 pm
Bedrock of the Community
Learn More...
United States
81585 Posts
 Posted 05/30/2023  09:24 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Must agree, the design is "bo-ring".
Moderator
Learn More...
United States
128607 Posts
Bedrock of the Community
Learn More...
United States
11093 Posts
 Posted 05/30/2023  12:46 pm  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
I find your Melting Pot threads to be fascinating @commems and am very appreciate of the research you put into them.

Sidney J. Phillips comes across in your stories as a dedicated and enthusiastic supporter of both issues (BTW and BTW-GWC).

Alas the coin designs were IMO sub-par and are never going to be attractive to the casual collector let alone the general public.


Quote:
That said, the issue does have its fans and some strive to assemble a complete date and mint mark set (12 coins).


I selected one of each type (two actually - one for each of my sets MS and circulated) and then moved on to other more interesting issues.
Take a look at my other hobby ... http://www.jk-dk.art
Too many hobbies .... too much work .... not enough time.
  Previous TopicReplies: 3 / Views: 225Next Topic  

 
To participate in the forum you must log in or register.


    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2023 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2023 Coin Community Forums
It took 0.27 seconds to rattle this change. Powered By: