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Commems Collection Classic: 1936 Public Message Regarding US Commemorative Coin Boom

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commems's Avatar
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11025 Posts
 Posted 01/20/2025  11:42 am Show Profile   Bookmark this topic Add commems to your friends list Get a Link to this Message Number of Subscribers
Collectors of classic-era US commemorative coins are generally aware of the mid-1930s craziness that resulted in a record number of US commemorative coins being authorized by Congress. But what about the general public? How aware of things were they?

An article distributed by the United Press in August 1936 offered the public a rather unvarnished look at the various commemorative coin programs. In an article titled Treasury Is Strained By Issuance Of 50 Cent Pieces, the author - Frederick C. Othman - wrote that the "Treasury Department was "bogged down today under the strain of manufacturing fancy 50-cent pieces."

1936 Bridgeport, CT Centennial Featuring Phineas T. Barnum


He then went on to reference a number of 1936 US commemorative coins, using names that were likely more recognizable to the public vs. their more official names. The Phineas T. Barnum 50-cent piece vs. the Bridgeport, Connecticut Centennial Half Dollar, the Senator Carter Glass coin vs. the Lynchburg, Virginia Sesquicentennial Half Dollar and the Sir Walter Raleigh coin vs. the Roanoke Colony Memorial Half Dollar.

He also mentioned the coins commemorating the Battle of Gettysburg, the Landing of the Swedes in Delaware and the San Francisco-Oakland Bridge, as well as the coins for "historic dates" in Cleveland, Cincinnati, Wisconsin, Albany and York County, Maine. He remarked that "thousands upon thousands" of coins would "trinkle from the mints" to commemorate these events/anniversaries. He went on to note that "the bureau of the mint isn't sure when it will get 'em all manufactures." (I was unfamiliar with "trinkle" - Merriam-Webster defines it as "to flow down by drops.")

Regarding the Treasury Department's stance, he wrote "The treasury isn't saying much, but it wishes congress would have a heart. It figures commemorative half dollars are more trouble than they're worth and that the issuance thereof sometimes turns into a racket. Such coins are usually sold to collectors for all the traffic will bear. They seldom get into general circulation."

Though the article was written using colloquial and accessible language, I believe it did take a complicated issue and make a good attempt at simplifying it for its readers. It likely "woke up" a number of the non-collectors to the commemorative coin issue dilemma facing Washington at the time!


For more of my topics on commemorative coins and medals, including stories about the coins referenced above, see: Commems Collection.





Collecting history one coin or medal at a time! (c) commems. All rights reserved.
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jbuck's Avatar
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Morgans Dad's Avatar
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 Posted 01/20/2025  12:54 pm  Show Profile   Bookmark this reply Add Morgans Dad to your friends list Get a Link to this Reply
Another Great Topic,

Quote:

" "bogged down today under the strain of manufacturing fancy 50-cent pieces."

The 1930's produced a Unique Array of, What has become known as Classic Commemoratives.
Imo, Some of the most Intricately Detailed " Artwork " from those days gone bye has captured a special place in Collecting U S Coinage. It appears the Powers to be Were On to Something.... Thank Goodness for Those Fancy 50 Cent Pieces....

How did the Commemorative Topic go from the above Quote To This:

" "The treasury isn't saying much, but it wishes congress would have a heart. It figures commemorative half dollars are more trouble than they're worth and that the issuance thereof sometimes turns into a racket. Such coins are usually sold to collectors for all the traffic will bear."

Again In My Opinion the Racket as they said , Was clear to others Then, in 1930's, Now projecting to the Commemorative program in place Today , With fees and surcharges that the Coin Collecting public Bears Too. ...

I am very appreciative of the Opportunity to have and Hold such Classic American Commemoratives, as I am Sure others Here are Too..( nice Bridgeport Example. )


Thank You Again COMMEMS, Your an Awesome, Unique contributor to All Our Numismatic History, MD


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NumisEd's Avatar
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 Posted 01/20/2025  1:17 pm  Show Profile   Bookmark this reply Add NumisEd to your friends list Get a Link to this Reply
Basically, Deja Vu. As the US Mint is once again cranking out hundreds of thousands of commemorative coins and medals.
Flowing Hair medal, anyone?
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Marve65's Avatar
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 Posted 01/21/2025  12:52 am  Show Profile   Bookmark this reply Add Marve65 to your friends list Get a Link to this Reply
That's one of my favorite commemorative half reverse designs.
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nickelsearcher's Avatar
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13261 Posts
 Posted 01/21/2025  06:05 am  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
Enjoyable read, thanks for sharing the summary.


Quote:
"They seldom get into general circulation."


True that - which is why it was a fabulous numismatic treasure hunt to complete a classic era silver type set in honestly circulated state.

I even have a Phineas T Barnum 50-cent piece in PCGS XF40.

Take a look at my other hobby ... http://www.jk-dk.art
Too many hobbies .... too much work .... not enough time.
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