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Category: Commemoratives

Ten Most Significant U.S. Commemoratives Coins

By Thomas K. DeLorey – Copyright – Reprinted with permission. Harlan J Berk

Photos used with permission and courtesy of Heritage Auction Galleries

When asked to write an article on the ten most significant U.S. commemorative coins for this issue, I chortled and thought to myself what an easy assignment this was going to be! I had just that day finished reading galleys for the commemorative coin section of the Coin World “Comprehensive Catalogue and Encyclopedia of U.S. Coins” edited by David T. Alexander and myself, and all of the material was fresh in my mind.

However, when I went back over the listings with a consideration in mind of their national importance rather than a straightforward documentation of them, I suddenly realized how hard it was going to be to find ten pieces that were truly significant! After weeding out the 14 state commemoratives and most of the town, county, island, mountain, trail, bridge and music center commemoratives, there were scarcely ten pieces left that were both national and significant. Here’s what I came up with, though you might disagree.

Number one on my list is the Chicago World’s Columbian Exposition half dollar of 1892 and 1893, in part because the fact that Columbus landed in what we now call “the Americas” in 1492 was one of the major historical events of the last millennium, and in part because it was the first U.S. commemorative and set the stage for all that followed, good or bad.
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The second 100 Euro coin in the gold series “Crowns of the House of Habsburg” Released by Austian Mint Today

A Hat fit for a Prince The Crown of an Austrian Archduke

austrian_mint_crown_gold_110409The second 100 Euro coin in the gold series “Crowns of the House of Habsburg” will be released on Wednesday, 4th November. It is dedicated to the so-called “Archduke’s Hat”, a name derived from the red velvet cap within the crown itself.

The title of archduke was invented by Rudolf IV in the spurious document of 1358/59 called the privilegium maius. It was an attempt to assert the status of the House of Habsburg as the equal of any Prince Elector of the Holy Roman Empire. There exists a mediaeval portrait of Rudolf wearing a crown similar to the Archduke’s Hat. Early versions of the crown have not survived, being either broken up or melted down. In 1616, however, Archduke Maximilian III of Tyrol had the present Archduke’s Hat fashioned and he gave it to the Augustinian Abbey of Klosterneuburg just outside Vienna in honour of St. Leopold, whose tomb and shrine are still situated there to this day. The crown was not worn as such. There was no coronation. It was rather a symbol of authority and rank. It was brought into Vienna only for the ceremony of homage paid by the Estates of Lower Austria on the accession of a new Habsburg ruler. Even today the crown is not permitted to be outside the walls of the abbey for more than 30 days at a time.

The Archduke’s Hat is a diadem of eight golden peaks decorated with enamel, pearls and precious stones. Two pearl encrusted arches hold a sapphire mounted by a cross at their intersection. In the crown itself is a red velvet cap and the diadem is embedded in a circle of ermine, copying the hats worn by the Prince Electors. On the accession of a new ruler the crown was brought in procession into Vienna, conveyed in its own sedan chair. Along with other pieces of regalia such as orb and sceptre, it was presented to the new ruler and then carried in solemn procession from the palace to St. Stephen’s Cathedral for High Mass. (more…)

COLLECTING STRATEGIES FOR CLASSIC COMMEMORATIVES

by Kathleen Duncan of Pinnacle Rarities

pinnacle_commems_092409Between 1892 and 1954, there were 50 different silver commemoratives authorized by Congress: 48 Half Dollars along with a single Quarter and Dollar. Because many of these were issued for multiple years, were struck at the Philadelphia, Denver and San Francisco Mints, and were issued with subtle design variations, there are a total of 144 different silver coins that constitute the Classic Silver Commemorative category. Many of the coins were designed in contest by important sculptors and among them are some of the most creative examples of coinage art in all of numismatics. They also form an instructive history course of our nation, as each commemorates an important event.

Commemoratives differ from regular issue coins as they are struck primarily for collectors rather than to circulate as money, although they are legal tender. Most Classic Commemoratives were struck in conjunction with a large exhibition and festival. These coins were sold to collectors at a premium to their face value, typically to raise money for a monument to be built or to defray the costs of the particular celebration. The very first such exhibition was the 1892 Chicago World’s fair, which produced the 1892 Columbus Half Dollar, honoring the 400th anniversary of Columbus’ discovery of the New World.

Silver Commemoratives can be assembled in nearly an endless number of ways, in all price ranges, making them an easy area to pursue. Purchasing one of each of the 50 unique designs is referred to as a type set. The ambitious pursuit of a complete set requires one of each of the 144 dates and mintmarks referenced above. If you prefer a less daunting task, you can choose among any number of sub segments to match your particular interests.
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