The 1921 Alabama Centennial Half Dollar is a significant coin in American history, celebrating the 100th anniversary of Alabama becoming a state. This coin not only represents a milestone in Alabama’s history but also stands out because it features living individuals on its design. Understanding its background, design, and value can help both new and experienced collectors appreciate this unique piece of American currency.
History of the Alabama Centennial Half Dollar
In 1919, Alabama marked the 100th year since it joined the United States as the 22nd state. To celebrate this occasion, the Alabama Centennial Commission created a commemorative half dollar, which was authorized by law in 1920.
The Journey to Statehood
Alabama’s history as a territory dates back to Spanish explorations in 1540 and French settlements in 1702. The state was officially established on December 14, 1819, as the last slave state before the Missouri Compromise. Its early economy relied heavily on slave labor.
The Civil War and Reconstruction
Alabama faced significant challenges during the Civil War. It seceded from the Union in 1861 and later came under federal control. After the war, Alabama struggled with Reconstruction, leading to the establishment of segregated policies in education and other areas.
Designing the Coin
The coin’s design was proposed by Mrs. Marie Bankhead Owen and included several motifs. Initially, the design featured the State Capitol and portraits of Presidents Monroe and Wilson, but these were rejected.
Final Design
In June 1921, a new design was accepted, featuring:
- Obverse: Overlapping profiles of Alabama’s first governor, William Bibb, and the governor in 1919, Thomas Kilby.
- Reverse: The state seal with an eagle grasping arrows, inscribed with the state motto “HERE WE REST.”
This coin was notable as it became the first commemorative coin to depict living individuals.
| Feature | Details |
|---|---|
| Mintage | Limited to 100,000 coins |
| Design | Overlapping profiles of governors and state seal |
| Special Mark | Some coins feature a “2X2” mark, enhancing their value |
| Release Date | October 26, 1921 |
Collecting the Alabama Centennial Half Dollar
The Alabama Centennial Half Dollar is a sought-after coin among collectors. Its value can vary based on condition and rarity.
Current Market Value
| Grade | Estimated Value |
|---|---|
| MS63 | $350 |
| MS65 | $600 – $700 |
| MS67 | $10,000+ |
Note: MS refers to the Mint State grading, which indicates the condition of the coin.
Rarity and Condition
Most coins found today are in lower grades due to their widespread use during the Great Depression. High-quality coins are quite rare and can fetch higher prices at auctions.
Conclusion
The 1921 Alabama Centennial Half Dollar is more than just a piece of currency; it is a reflection of Alabama’s rich history and the challenges it faced. For collectors, it represents a unique opportunity to own a piece of commemorative history, especially with its striking design and significance. Whether you are a seasoned collector or just starting, the Alabama Half Dollar deserves a place in any collection due to its historical importance and artistic merit.
FAQ’s
What is the significance of the 1921 Alabama Centennial Half Dollar?
The 1921 Alabama Centennial Half Dollar commemorates the 100th anniversary of Alabama’s statehood, featuring the profiles of its first governor, William Bibb, and the governor in 1919, Thomas Kilby. This coin is historically significant as it was the first commemorative coin to depict living individuals.
How much is the 1921 Alabama Centennial Half Dollar worth today?
The value of the 1921 Alabama Centennial Half Dollar varies based on its condition. As of now, coins in MS63 condition are worth around $350, while those in MS65 condition can range from $600 to $700. Rare specimens in MS67 condition can exceed $10,000.
