Coin Specifications

Category: Silver Commemoratives (1892-1954)
Mint: Philadelphia
Mintage: 1,000,000
Catalog: KM-198
Obverse Designer: Isaac Scott Hathaway
Reverse Designer: Isaac Scott Hathaway
Composition: Silver
Fineness: 0.9000
Weight: 12.5000g
ASW: 0.3617oz
Melt Value: $5.34 (9/4/2015)
Diameter: 30.6mm
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

1946 BOOKER T. WASHINGTON 50C MS obverse 1946 BOOKER T. WASHINGTON 50C MS reverse


  
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VarietyPlus®

There are no NGC varieties for this coin.

Description & Analysis

Booker T. Washington was one of the leading figures in the charge to educate freed slaves during the reconstruction era. Being a free slave himself, he believed that the key to African Americans’ future success was through learning practical skills. Though his emphasis on manual skills as the ticket to advancement for his race drew criticism from those favoring a more balanced education for African Americans, it’s evident that his approach was perhaps better suited to the American social climate of its time. But Booker T. Washington’s ceaseless, pioneering efforts helped to ease white America into a greater acceptance of their fellow Americans.

Due to his place in American History, the Booker T. Washington Birthplace Memorial Commission looked to strike a commemorative coin in his honor. They hoped to raise funds for the purchase and maintenance of his birthplace in Franklin County, Virginia. They were successful, and legislation was passed on August 7th, 1946 authorizing the mintage of up to 5 million coins. There were no stipulations placed on date and mint, an oversight that the Commission took full advantage of over the course of the following years.

The Commission hired sculptor Charles Keck, creator of the Panama-Pacific gold dollar and Lynchburg half, to design the coin. He submitted his designs which were approved by the Mint. However, unbeknownst to him or the BTW Commission, African-American artist Isaac Scott Hathaway learned of the program and offered up his own designs for free. Not knowing all of the facts, the Commission of Fine Arts approved Hathaway’s models. These were to be the designs that were put on the coin, and Keck’s were not used.

The coin’s obverse features a three-quarter facing bust of Washington. Below this is his name BOOKER T. WASHINGTON, while above is the legend UNITED STATES OF AMERICA, both arranged in peripheral arcs around the coin’s border. To the left of Washington’s portrait are the year of coining and the value HALF DOLLAR, while the Latin legend E PLURIBUS UNUM is placed to the right. The reverse features in large letters the inscription FROM SLAVE CABIN TO HALL OF FAME. Indeed, both are depicted, New York City’s Hall of Fame colonnade above, and a generic slave cabin below. Squeezed into the spaces at left and right of the cabin are IN GOD WE TRUST and FRANKLIN COUNTY VA, respectively. Below the cabin is yet another statutory motto, LIBERTY, flanked by small stars, while the words BOOKER T. WASHINGTON BIRTHPLACE MEMORIAL are arranged in an arc inside the upper periphery.

For the initial offering year of 1946, 200,000 sets were issued, and an additional 800,000 coins were minted in Philadelphia. While many of these coins were likely melted in 1951, no records were kept as to the quantity of each date and mint mark that were destroyed. Sales were abysmal, and many coins were either released into circulation or melted. Nevertheless, all three mints coined this type annually through 1951 in ever-diminishing quantities that went straight to speculators and those few collectors who stayed with the program each year. Only the 1950-S and 1951(P) coins had significantly larger mintages, around half a million each, but again these coins were mostly returned to the Mint in later years for melting. All Booker T. Washington halves minted after 1946 aside from the 1950-S and 1951(P) issues are better coins price-wise due to their significantly lower mintages that range from 6,000 to 8,000 coins each.

GRADE SUMMARY

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Price Guide

Last Updated: 7/24/2015

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

1946 BOOKER T. WASHINGTON 50C MS
  GVGFVFXF5053555861626364656667686970
Base $ - - - 14.50 15.50 16.75 16.75 17.50 18.50 21.00 22.00 24.00 30.00 55.00 155 1250 - - -
$ - - - - - - - - 35.00 60.00 225 2100 -

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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Census

 
NGC GRADE SUMMARY

Total Graded: 2717
Low Grade: G
Average Grade: 64
High Grade: 67


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
6/9/1997 PCGS MS 65   Teletrade Auction 0952, 952/Lot# 1720 $20.75
5/5/2004 PCGS MS 66   Heritage Auctions 2004 May (CSNS) Signature Sale #346, 346/Lot# 11185 $517.50
8/29/2005 NGC MS 66   David Lawrence Rare Coins Internet-Only Auction #51, 56/Lot# 1661 $126.50
4/26/2006 PCGS MS 67   Heritage Auctions 2006 April (CSNS) Signature Auction #404, 404/Lot# 5114 $5,175.00
5/24/2009 PCGS MS 67   Goldberg May 24-27, 2009 Pre-Long Beach Coin and Currency Auction, 53/Lot# 1038 $920.00
6/17/2012 NGC MS 65   GreatCollections GreatCollections Coin Auctions 06/17/2012, 27/Lot# 58059 $29.00
10/17/2012 NGC MS 67   Stack's Bowers The November 2012 Baltimore Auction - US and World Lots - Live and Internet Only Sessions, 144/Lot# 5115 $632.50


NGC Registry

NGC Registry Score 1946 BOOKER T. WASHINGTON 50C MS
 PrAgGVGFVF4045505355586061626364656667686970
Base3741455059455459677276818589981232205151928300939167325
38424753594856626973788286921061553189862288331150520
00000056626973788286921061553189862288331100
000000576470757984889511518841714572649361400
Registry Image Gallery
Grade: MS 67
Points: 2288
Owner: Bruce Young
 
Grade: MS 67
Points: 2288
Owner: Chippewa
 
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