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1920-21 Pilgrim Tercentenary Half Dollar

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LeeG's Avatar
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 Posted 05/12/2015  10:32 pm Show Profile   Bookmark this topic Add LeeG to your friends list Get a Link to this Message Number of Subscribers
Just want to share a little history behind this coin.




1920-21-Pilgrim-Tercentenary-Half-Dollar
Coinage of 200,112 pieces with 48,000 melted with 112 reserved for assay. Designed and modeled by Cyrus E. Dallin and distributed by the Shawmut Bank in Boston, Addison L. Winship, a vice president, was in charge of distribution. Image courtesy of yellowkid on the PCGS Coin Forum.


1920-21-Pilgrim-Tercentenary-Half-Dollar
Coinage of 100,053 pieces with 53 coins reserved for assay and 80,000 melted. Designed and modeled by Cyrus Dallin. Image courtesy of Justacommeman on the PCGS Coin Forum.


Approved by Congress on May 12, 1920 and issued to commemorate the three hundredth anniversary of the landing of the Pilgrims.

Design:
Obverse: Half-length portrait of Governor Bradford to left, wearing conical hat, and carrying Bible under left arm; in filed back of head, in small letters: IN GOD / WE TRUST Above, around border, in larger letters: UNITED STATES OF AMERICA Below, around lower border: PILGRIM HALF DOLLAR Under elbow, a small incused D for Dallin.

Reverse: The "Mayflower" sailing to left; around upper border: PILGRIM TERCENTENARY CELEBRATION, and at lower left border: 1620 - 1920.

1920-21-Pilgrim-Tercentenary-Half-Dollar
Landing of the Pilgrims at Plymouth 11th Dec. 1620. Print shows a Native man, hiding on the left, watching the Pilgrims around a campfire with small cauldron; a man with hatchet is gathering firewood and more Pilgrims are coming ashore from the Mayflower, in a winter scene with snow-covered landscape. Currier & Ives--Landing of the pilgrims between 1838 & 1856. Courtesy Library of Congress Prints and Photographs Division.

The designs were executed by Cyrus E. Dallin, a well-known Boston sculptor. The Pilgrim Tercentenary Commission handled the distribution through the National Shawmut Bank of Boston. They were placed on the market at $1.00 each and bear dates of 1920 and 1921.
Ceremonies were held in England and the United States during 1920 and 1921. The town of Plymouth, Mass., celebrated the event in 1921 with several pageants that attracted national attention.

"In a debate over the Pilgrim half dollar on April 21, 1920 Representative Gard questioned the number of coins specified by the bill. He observed that the figure was five times as large as that for the Maine Centennial issue. Mr. Walsh, with a queer sense of arithmetic, replied that the number of coins coincided with the occasion, five hundred thousand for a tercentenary as against one hundred thousand for a centennial. Finally, Mr. Vestal of the House Coinage Committee announced that the figure was a misprint, and should have read three hundred thousand. Satisfied with the amended explanation, Congress passed the bill, which was thus enacted on May 12.

The selection of Boston artist Cyrus E. Dallin to design the Pilgrim coin seems to have pleased Charles Moore, for on July 21 we find him writing convivially to the former:

Dear Mr. Dallin: I understand that you are doing the design for the Plymouth Memorial 50 cent piece. I want to warn you that you are going to fall into the clutches of the National Commission of Fine Arts and to give you a good big scare. Mr. Hill was in the office yesterday to tell us about it
Inasmuch as this work on your part promises an opportunity to meet you again and to hear some more of your stories, I am rejoicing. Cordially yours.

Dallin, working from designs furnished by the Tercentenary Commission, completed his models during August, when they were forwarded by the Commission of Fine Arts to James Fraser. The obverse featured a portrait of William Bradford, Governor of Plymouth Colony, the reverse a reconstructed version of the Mayflower. Both devices were well composed and boldly executed, and the anachronism of the triangular sail above the bowsprit seems to have passed unnoticed. A more serious defect lay in the crudeness of the inscription. Fraser pointed this out to Moore in an undated letter apparently written during late August:

My dear Mr. Moore: Altogether the design for the Pilgrim fifty cent coin is good. The part that seems to me to need most attention if there is time is the lettering. The design would be greatly helped by good lettering. It is too bad that we can't make our suggestions in time to let the artist make a few changes if needed. As it is the coins are to be minted within a month which leaves no time for bettering the work and puts us in the position of accepting work which we are not altogether in favor of. Would it be possible to make a suggestion that the models should be shown to the Commission three months before the coin could be minted? Faithfully yours. . ."1

1920-21-Pilgrim-Tercentenary-Half-Dollar
The National Shawmut Bank of Boston.

"The United States Treasury Department is issuing a special fifty-cent piece in honor of the Pilgrim Tercentenary celebration. The coins, 300,000 of them, will soon be ready for distribution.

The designs which will be used on the faces of the coin have been made by a Boston sculptor. They were approved by the Pilgrim Tercentenary Commission, the National Art Commission and the Director of the Mint. One face will show the figure of a Pilgrim, designated as Governor Bradford, and the words 'Pilgrim Half Dollar.' On the reverse side will be a picture of the Mayflower in full sail, and the words 'Pilgrim Tercentenary Celebration 1620-1920.'

Once these Pilgrim half-dollars are in general circulation, they will no doubt fall into many hands whose possessors know little about the Pilgrims, even in this year of pageants, speeches and memorial services. Perhaps many persons will spend their half-dollars without even noticing where they are old or new, of familiar or strange design. There will be others who will take special pleasure in watching for the new coins, in commenting on the designs as artistic achievements and in recognizing their historical significance. As coin collectors know, there is much of value in a coin that is not counted in purchasing power."2

1 An Illustrated History of Commemorative Coinage, Don Taxay, ARCO Press, New York City, 1967, p. 48, 49, and 51.2 Berkeley (CA) Dailey Gazette, The Pilgrim Half-Dollar, Saturday Evening, October 2, 1920.


2 Berkeley (CA) Dailey Gazette, The Pilgrim Half-Dollar, Saturday Evening, October 2, 1920.



Just a little taste of one of the chapters in my book project.




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publius's Avatar
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 Posted 05/13/2015  01:17 am  Show Profile   Bookmark this reply Add publius to your friends list Get a Link to this Reply
I've always thought it a pity that the unsold commemorative halves were usually melted, instead of being held back for a few years & then released into general circulation.
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nickelsearcher's Avatar
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 Posted 05/13/2015  7:24 pm  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
Looking forward indeed to the book project ...

Suggest that you consider the other side of our classic commemorative passion ... honestly circulated examples of which I have shared many stories.

For this coin ...

1920 Pilgrim Tercentenary Half Dollar - PCGS FR02

1920-21-Pilgrim-Tercentenary-Half-Dollar

There are many ways to enjoy this tremendous series - hopeful that some of you consider that lovely coins do not always need to be high MS with toning.

David
Take a look at my other hobby ... http://www.jk-dk.art
CCF Master Historian of USA Commemoratives
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commems's Avatar
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 Posted 05/13/2015  7:45 pm  Show Profile   Bookmark this reply Add commems to your friends list Get a Link to this Reply
Thanks for sharing! I always enjoy reading about classic commemoratives.

Attractive examples of each of the coins. I bet "yellowkid" and "Justacommeman" are very happy having them in their respective collections!

The Taxay book is a great reference for some of the "behind the scenes" goings on with each classic series coin. Always recommended!

Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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LeeG's Avatar
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 Posted 05/13/2015  9:54 pm  Show Profile   Bookmark this reply Add LeeG to your friends list Get a Link to this Reply
Thanks all for the comments.




publius: The Commission or Committee ordering the coins from the U.S. Mint had to pay said Mint 50 cents for each coin. That was a lot of money back then, hence returning for money back.

nickelsearcher: I am not discussing pricing, populations, etc. I'm a collector who enjoys this series and am just going to write about the coin and celebration, if there was one.

commems: You're right on all counts.


I'll continue on with the chapter:

1920-21-Pilgrim-Tercentenary-Half-Dollar
Ad in Plymouth Massachusetts, The Commercial Publishing Co., New Bedford, Mass, 1921.


"The Pilgrim Souvenir Half Dollars were issued a few days ago, too late for reproduction in this issue of the magazine. The National Shawmut Bank of Boston has been designated as the distributing agent for the coins, and from a circular issued by them we reproduced here a photograph of the sculptor's models for the types of the obverse and reverse, from which the engraver built the dies for the coins. The obverse bears the bust of a typical Pilgrim, designated 'Governor Bradford,' and the reverse has a side view of the 'Mayflower.'

. . . Although the designs are conventional, the coin has many good features, and little criticism can be found with its general appearance and workmanship.

Brief comments from our readers on the Maine and Pilgrim issues are invited for our December issue.

The following comment on the Pilgrim issue has been received from Mr. Horace L. Wheeler of the Boston Public Library:

'Dallin's Pilgrim Half Dollar is strong and interesting in design, spaced and lettered remarkably well, and belongs among the very best United States coins. On the obverse, 'Governor Bradford,' wearing a rather elaborate jacket, perhaps, is an extremely fine type of Pilgrim. The noble 'Mayflower' on the reverse, however, carries above her bowsprit a triangular sail which I wish were not there. That ship, I am sure, flourished in a much too early era to have a jib. There is, I think, no probability that a seagoing vessel of Stuart times had any but square head sails. These were bent depending from the bowsprit or a topmast rising from it; and continued in use into the nineteenth century. The model of a seventeenth century ship, in the Philadelphia Commercial Museum, show both sprit and sprit-topmast sails; and a good probable picture of the Mayflower herself hangs in the Pilgrim Hall at Plymouth."3

3. The Numismatist, The Pilgrim Souvenir Half Dollars, November 1920, p. 509.

". . . Due to the large coinage of these half-dollars, the entire issue was not sold. Of the 1920 issue, 48,000 pieces were returned to the Mint; and of the 1921 variety, 80,000 pieces were returned for melting. . . The reverse shows a side view of the 'Mayflower.' The coin met with a fair measure of enthusiasm, although there was criticism regarding the vessel's flying jib, a sail which had not come into use in 1620. The sail should have been the square water-sail hung under the bowsprit."4

"Collectors will not grow enthusiastic over the report from Boston that the unsold Pilgrim half dollars are to be offered to the public at 50 cents each-in other words, placed in circulation. It is said there are 49,550 pieces remaining in the hands of the State Treasurer.

Such a step is to be regretted, for some who paid the original price of $1 will feel that they have not been treated fairly. All the more so because it has been customary for the Treasury Department to take over unsold coins of commemorative issues, melt them and recoin the metal without any loss to those for whose account they were issued. It is supposed this opportunity was open to the Pilgrim Tercentenary Commission or the State of Massachusetts."5



4 The Numismatist, By John F. Jones, Jamestown, N.Y., April, 1937, p. 295.
5 The Numismatist, A Serious Side To Commemorative Issues, Editorial Comment - Numismatic News, Frank G. Duffield, Editor and Bus. Mgr., July, 1929, p. 438-439.

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 Posted 05/14/2015  01:08 am  Show Profile   Bookmark this reply Add Worn Out to your friends list Get a Link to this Reply
Nice read Lee and great looking Pilgrims! I have always liked yellowkid's example

Edited by Worn Out
05/14/2015 12:20 pm
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 Posted 05/14/2015  04:04 am  Show Profile   Check NumisRob's eBay Listings Bookmark this reply Add NumisRob to your friends list Get a Link to this Reply
Thanks LeeG for sharing this - very interesting!

Interesting that ceremonies were held in England... I wonder if any Pilgrim half-dollars were sent to England for sale? I bought my 1920 specimen in an antique shop in England (for about ten pounds or $15!) and wonder how it got here - you practically never see commemorative US half dollars in England.
Edited by NumisRob
05/14/2015 04:08 am
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 Posted 05/14/2015  8:45 pm  Show Profile   Bookmark this reply Add LeeG to your friends list Get a Link to this Reply
1920-21-Pilgrim-Tercentenary-Half-Dollar
Lead Die Trials, Judd-A1920-1 and Judd-A1920-2.

Approximately 43 to 44 millimeters horizontally across each piece. Struck from the original completed dies for 1920, the first year of issue. The incused D below the Pilgrim's elbow is the initial of Cyrus E. Dallin (1861-1944), noted sculptor of Arlington, Massachusetts, who was called upon by the Massachusetts Tercentenary Commission to prepare models for a commemorative coin showing depictions of Plymouth Colony Governor William Bradford and the Mayflower. The die trials were in the hands of Dallin's great-grandson. Image courtesy of Stacks Bowers Galleries.

". . . A large hoard of thousands of 1920 Pilgrim half dollars, all in original Mint cloth shipping bags, was sold by Paramount International Coin Corporation circa 1967-1968.1 The market was not particularly strong at the time, and most of the coins were sold for about $8 each."6

1 Per a recollection of Raymond N. Merena, general manager of Paramount at the time.

6 Commemorative Coins of the United States; A Complete Encyclopedia, Q. David Bowers. Published by Bowers and Merena Galleries, Inc., Box 1224, Wolfeboro, NH 03894, 1991, p. 142.

Courtesy of the U. S. Commission of Fine Arts

Minutes of Meeting held in Washington, D.C., September 3, 1920.

The following members were present:
Mr. Moore, Chairman,
Mr. Platt,
Mr. Pope,
Mr. Fraser,

Also Major C. S. Ridley, Secretary and Executive Officer.

Plymouth Memorial Coin: On August 23, 1920, the Commission received from the Director of the Mint photographs for the proposed Plymouth Memorial Coin with a statement that an immediate decision was desired from the Commission.

The model was made in plaster by Cyrus E. Dallin, sculptor, of Boston, and showed the head of a Puritan on the obverse and the Mayflower on the reverse. The Director of the Mint had advised that the Plymouth Memorial Committee was in a great hurry to place these coins on the market, that Congress had authorized making 300,000 of them and that it would be necessary to proceed with the coining at once.

The Commission did not consider the design as being good and felt an improvement ought to be made at least in the lettering. The Commission particularly regretted the exceedingly great haste in this matter in view of the opportunity for a splendid piece of work and returned the submission to the Director of the Mint without action. (Exhibit A).

" James Earle Fraser was shown Cyrus E. Dallin's models by the Commission of Fine Arts and found the devices to be well done but the inscriptions crude, as noted in this letter to chairman of the Commission of Fine Arts Charles Moore, undated, but probably toward the end of August:

My Dear Mr. Moore,
'Altogether the design for the Pilgrim fifty-cent coin is good. The part that seems to me to need most attention if there is time is the lettering. The design would be greatly helped by good lettering. It is too bad that we can't make our suggestions in time to let the artist make a few changes if needed. As it is, the coins are to be minted within a month, which leaves no time for bettering the work and puts us in the position of accepting work which we are not altogether in favor of. Would it be possible to make a suggestion that the model should be shown to the Commission three months before the coin could be minted?

Faithfully yours.

Dallin was not given the opportunity to redo the lettering."7

Exhibit A

September 7, 1920.
Sir:
With reference to the submission of the design for the Plymouth Memorial Coin, the Commission at its meeting on September 3, 1920, requested me to advise you as follows:

The Commission of Fine Arts regret that the design for the Plymouth Memorial Coin was submitted to the Commission at such a late date that there was no opportunity to confer with the designer for the purpose of making suggestions calculated to bring the work in harmony with the standards worked out in connection with the subsidiary silver coinage. . . This, the Commission feel, is a loss to the artist not less than to the public and to the prestige of the Mint. The submission is, therefore, returned without action.

The Commission respectfully suggests:
1. That as a part of the procedure in the case of memorial coins, the Director of the Mint make regulations requiring that a person of experience and ability in designing coins or medals be selected as the designer;

2. That a sum sufficient to secure the services of a designer of high ability be set apart for the payment of the design;

3. That not less than three months be given to the designer for the preparation of the model;

4. That the model be submitted to the National Commission of Fine Arts for approval, with the understanding that the sculptor may consult with the Commission during the progress of his work.

Memorial coins should represent in the very highest degree the ability of the United States Mint. These coins, if well-designed and well-executed, become a portion of American history. If ill-designed and poorly executed, they are a reflection on American taste. It is not an answer to say that these coins quickly disappear from circulation and are lost to the world, - rather the assertion is in itself an argument for a perfection of our coinage, because the fine coins of the world belong quite as much to history as they do to numismatics, and they endure for centuries.

7 Commemorative Coins of the United States; A Complete Encyclopedia, Q. David Bowers. Published by Bowers and Merena Galleries, Inc., Box 1224, Wolfeboro, NH 03894, 1991, p. 142.

Respectfully, yours,
(Signed) C. S. Ridley,
Major, Corps of Engineers,
Secretary and Executive Officer.
Hon. Raymond T. Baker,
Director of the Mint,
Washington, D. C.


1920-21-Pilgrim-Tercentenary-Half-Dollar
1920 Pilgrim Half Dollar Distribution Letter From The National Shawmut Bank of Boston, This form announces the release price of the soon to be released Pilgrim Commemorative half dollar at the price of $1. Pictures of the plaster cast mock ups are included, without dates or legends. Courtesy Stacks Bowers Galleries.

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 Posted 05/14/2015  10:43 pm  Show Profile   Bookmark this reply Add publius to your friends list Get a Link to this Reply
Be it said, I'm not surprised that the unsold pieces were returned. I simply feel it would have been better for the Mint to have issued them in place of regular-type halves, preferably at some place & time reasonably distant from the original place of issue, instead of melting them for recoinage.
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