Coin Specifications

Category: Silver Commemoratives (1892-1954)
Mint: Philadelphia
Mintage: 3,780
Catalog: KM-167
Composition: Silver
Fineness: 0.9000
Weight: 12.5000g
ASW: 0.3617oz
Melt Value: $5.35 (7/30/2015)
Diameter: 30.6mm
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

1938 TEXAS 50C MS obverse 1938 TEXAS 50C MS reverse


  
Expand All    Collapse All

VarietyPlus®

There are no NGC varieties for this coin.

Description & Analysis

The Texas Centennial Half Dollar was struck in commemoration of the 100th anniversary of Texas declaring its independence from Mexico on March 2, 1836 during the Battle of the Alamo. Recognizing the significance of this anniversary, on June 15th, 1933, Congress approved the first commemorative coin legislation since 1928. It provided for the mintage of up to 1,500,000 souvenir half dollars to be sold as part of the centennial celebration. Proceeds from the coin were to be used to help construct a memorial building.

Sculptor Pompeo Coppini was selected to design the coin. In May of 1934, his models were approved by the American Legion Texas Centennial Committee. Although all of the many elements on the finished coin were already in place, they were rendered in an extremely crude fashion. The Commission of Fine Arts requested many changes, to which Coppini agreed. The final designs were approved a month later, on June 25th, 1934.

On the obverse, an Eagle is seen perched on a branch in front of a five-pointed star, the symbol of Texas. UNITED - STATES - OF – AMERICA is placed around the periphery of the coin, with HALF DOLLAR bellow, as well as the mottos IN GOD WE TRUST, and E PLURIBUS UNUM. While that may sound like a busy design, it has nothing on the reverse, which was one of the most complicated and intricate designs of the entire commemorative series. The main feature of the reverse is a kneeling goddess Victory with an olive branch in her right hand, and her left resting on the Alamo. Above is the word LIBERTY on a scroll, behind which are six flags. Beneath Victory’s wingtips are portraits of Texas war heroes Sam Houston and Stephen Austin. THE TEXAS INDEPENCED CENTENNIAL and REMEMBER THE ALAMO encircle the design. The reverse contains nearly no field whatsoever, as almost every area is taken up by a design element.

Mintage of the 1934 issue started off strong, with 205,000 pieces. However, sales lagged and a large portion of these were eventually returned and melted, leaving a net of 61,463 for the year, all from the Philadelphia Mint. The numbers dropped off significantly in 1935, with only around 10,000 coins being minted at each of the 3 mints. The numbers dropped again by about 10% in 1936, and by 25% in 1937 as collectors grew tired of having to buy more and more coins with the same design but differing dates and mint marks. 1938 was the last year for the Texas Centennial Half, with only about 3800 sets sold. Due to the ever lowering mintages as the Texas Centennial Half program progressed, a safe rule of thumb is that the later the issue year, the more valuable the coin. In fact, the 1938 issues are often worth nearly double those of the much more common 1934! Though its exploitation of the commemorative coin privilege was deplored by collectors, to its credit this committee did ultimately erect the promised memorial museum at the University of Texas in Austin.

GRADE SUMMARY

Loading... Working...

Use the scroll bar at the bottom of this box to view a summary of the NGC Price Guide, NGC Census, Auction Prices Realized and NGC Registry Scores for each grade.

There was no data found for this Coin.

Select Designation

 
NGC PRICE GUIDE
NGC CENSUS*
AUCTION PRICES REALIZED
NGC REGISTRY
SCORE

Select Grade

*To view the Census details for this coin, please sign in or sign up.

Price Guide

Last Updated: 7/24/2015

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

1938 TEXAS 50C MS
  GVGFVFXF5053555861626364656667686970
Base $ - - - 90.00 150 170 175 185 190 200 210 235 275 460 725 2750 - - -
$ - - - - - - - 250 300 490 900 4400 -

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.

NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 828
Low Grade: 62
Average Grade: 65
High Grade: 68


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
6/28/2005 PCGS MS 65   Heritage Auctions Exclusively Internet Auction #25071, 25071/Lot# 11943 $446.20
7/8/2010 PCGS MS 66   Heritage Auctions 2010 July Orlando, FL (Summer FUN) Signature US Coin Auction #1142, 1142/Lot# 9655 $575.00
5/22/2011 PCGS MS 63   Teletrade Auction 3070, 3070/Lot# 1833 $195.50
9/18/2011 NGC MS 66   Heritage Auctions Internet Coin Auction Session(1), 131139/Lot# 20604 $431.25
2/5/2012 NGC MS 65   Heritage Auctions Internet Coin Auction Session(1), 131207/Lot# 20724 $373.75
2/28/2012 NGC MS 66   Stack's Bowers The March 2012 Baltimore Auction, 135/Lot# 8821 $241.50
1/20/2013 NGC MS 67   GreatCollections GreatCollections Coin Auctions 01/20/2013, 58/Lot# 46683 $1,375.00
12/15/2013 PCGS MS 65   David Lawrence Rare Coins Internet Auction # 782, 791/Lot# 383 $410.00


NGC Registry

NGC Registry Score 1938 TEXAS 50C MS
 PrAgGVGFVF4045505355586061626364656667686970
Base23425828230833650252755156358659760962064269577410811421288540481000317626
2422662913173915105355555715906016136276607218761194190932736033125440
000000535555571590601613627660721876119419093273603300
000000543559578593605616635677748979130823973660801800
Registry Image Gallery
Grade: MS 68
Points: 4048
Owner: J & L
 
Grade: MS 66
Points: 1421
Owner: James B Stevens
 
View the Registry Image Gallery

Related Articles

There are no related articles for this coin.

NGC Auction Central Disclaimer