1938 S New Rochelle 250th Anniversary

Congress authorized the Classic Commemorative series in 1892 to fund the World's Columbian Exposition in Chicago. These silver half dollars mark the start of a program that lasted until 1954. Various artists designed these coins to celebrate specific historical events, anniversaries, or people. Sculptors like James Earle Fraser and Adolph A. Weinman created some of the most famous designs in the set. The series depicts diverse subjects ranging from the landing of Columbus to the 300th anniversary of the founding of Connecticut. Congress often approved these coins to raise money for private organizations or local committees. The series ended in 1954 because the Treasury Department grew concerned about the proliferation of commemorative issues and the potential for political abuse in the authorization process.

Focus your collection on the 1946 Iowa Centennial or the 1925 Lexington-Concord half dollars if you want affordable entry points. Most of these coins came from the mint in Choice Uncirculated condition, so avoid buying examples with heavy bag marks or dull, cleaned surfaces. Check the high points on the designs for wear, as many of these coins sat in collections for decades without proper storage. Watch for altered surfaces on rare issues like the 1935-S Spanish Trail, as high prices encourage dishonest sellers to improve the appearance of lower-grade coins.