Coin Specifications

Category: Silver Commemoratives (1892-1954)
Mint: Philadelphia
Mintage: 1,310,000
Catalog: KM-157
Obverse Designer: Gutzon Borglum
Reverse Designer: Gutzon Borglum
Composition: Silver
Fineness: 0.9000
Weight: 12.5000g
ASW: 0.3617oz
Melt Value: $5.75 (10/7/2015)
Diameter: 30.6mm
Numismatic specification data provided by Krause Publications NumisMaster.
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1925 STONE MOUNTAIN 50C MS obverse 1925 STONE MOUNTAIN 50C MS reverse

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Description & Analysis

The 1925 Stone Mountain half dollar was struck to help raise funds for the completion of the massive carving honoring Southern Civil War heroes at Stone Mountain, Georgia. The project, which began in 1916, was plagued by numerous interruptions. In fact, it wasn’t until 1970 that the project was actually completed, and that was only after the State of Georgia intervened.

However, by the mid 1920’s, with the hope of finishing the project in a timely manner still alive, the Stone Mountain Confederate Monumental Association decided to raise funds for the project via a commemorative coin. With strong support for the project from President Calvin Coolidge, a bill was easily passed on March 17th, 1924 authorizing the minting of up to 5 million half dollars in commemoration of the soldiers of the South. The models for the coin were furnished by Stone Mountain’s original sculptor Gutzon Borglum, who was fired soon after due to many disagreements with the Association. Still, his heavily modified designs were eventually approved on October 10, 1924.

Borglum’s obverse features Confederate war heroes Generals Robert E. Lee and Stonewall Jackson on horseback. Above them is the motto IN GOD WE TRUST. Below to their left is STONE MOUNTAIN and the date, 1925. The reverse features a stoic eagle perched on a rock surrounded by a multitude of text. Above the eagle around the periphery are UNITED STATES OF AMERICA and E PLURIBUS UNUM. To its left is the inscription MEMORIAL TO THE VALOR OF THE SOLDIER OF THE SOUTH. LIBERTY and HALF DOLLAR can be found below.

The Association was clearly naively optimistic with their maximum mintage of 5 million coins. Less than half of that max mintage was actually coined, to the sum of 2,310,000 pieces. These were offered at $1 each. Some were even counter stamped with the initials of various southern states with a range of serial numbers and then auctioned off to the highest bidder. Even with that special marketing ploy, sales lagged behind. One million coins eventually ended up in the smelter, leaving a net mintage of 1,310,000 pieces. Even this proved too high, however, and many of those were released into circulation at face value.


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Price Guide

Last Updated: 7/24/2015

Click on a price to see historical prices, comparison charts and trends.

Base $ - - - 37.50 45.00 60.00 63.00 67.00 70.00 77.00 83.00 90.00 140 250 400 2050 23000 - -
$ - - - - - - - 100.00 155 275 600 3750 -

The World Coin Price Guide is independently compiled by Krause Publications’ NumisMaster. NGC makes this information available to its website visitors as a free service, but in no way does the information provided represent NGC’s official opinion or policy. For example, varieties listed in the World Coin Price Guide may not necessarily be recognized by NGC. Please contact NGC Customer Service with any questions.

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Total Graded: 8301
Low Grade: PrAg
Average Grade: 64
High Grade: 68

Upcoming Auctions

A random selection of NGC coins is shown below.

Auction House
Sale / Lot
11/1/2015 MS 67   Heritage Auctions 2015 October 29 - November 1 US Coins Signature Auction - New York Session(4), 1225/Lot# 8094

Auction Prices Realized

A random selection of coins is shown below.

Auction House
Sale / Lot
9/17/2003 NGC MS 67   Heritage Auctions 2003 September Long Beach Signature Sale #330, 330/Lot# 9443 $1,150.00
1/25/2004 NGC MS 67   Goldberg January 25-28, 2004 Pre-Long Beach Coin and Currency Auction, 23/Lot# 3004 $4,600.00
7/31/2006 NGC MS 64   David Lawrence Rare Coins Internet Auction # 98, 103/Lot# 1413 $86.25
11/13/2007 NGC MS 66   Heritage Auctions 2007 November Dallas, TX US Coin Final Session #453, 453/Lot# 9618 $256.45
9/13/2011 NGC MS 66   Stack's Bowers The September 2011 Philadelphia Americana Sale, 113/Lot# 5577 $373.75
12/12/2011 NGC MS 65   Teletrade Auction 3188, 3188/Lot# 2937 $120.00
12/13/2012 PCGS MS 66   Bonhams Coins and Medals, 20086/Lot# 1147 $327.00
4/24/2013 NGC MS 67   Heritage Auctions 2013 April 24 - 28 CSNS US Coin Signature Auction - Chicago Session(3), 1184/Lot# 2974 $1,292.50

NGC Registry

NGC Registry Score 1925 STONE MOUNTAIN 50C MS
Registry Image Gallery
Grade: MS 68
Points: 7611
Owner: Richard Schultz
Grade: MS 68
Points: 7198
Owner: PetroKaz
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