Coin Specifications

Category: Silver Commemoratives (1892-1954)
Mint: Philadelphia
Mintage: 1,310,000
Obverse Designer: Gutzon Borglum
Reverse Designer: Gutzon Borglum
Composition: Silver
Fineness: 0.9000
Weight: 12.5000g
ASW: 0.3617oz
Melt Value: $6.28 (9/20/2017)
Diameter: 30.6mm
Edge: Reeded
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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: 2/2/2017

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 73.00 77.00 83.00 90.00 150 200 360 1825 19500 - -
$ - - - - - - - - 100.00 170 225 650 2600 -

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Total Graded: 8756
Low Grade: PrAg
Average Grade: 64
High Grade: 68

Upcoming Auctions

Auction Prices Realized

A random selection of coins is shown below.

Auction House
Sale / Lot
11/15/2007 NGC MS 64   David Lawrence Rare Coins Thursday - Internet Auction # 195, 201/Lot# 6712 $80.50
9/1/2008 NGC MS 65   Teletrade Auction 2579, 2579/Lot# 1591 $201.60
5/22/2011 NGC MS 64   Heritage Auctions Internet Coin Auction Session(1), 131122/Lot# 26560 $109.25
5/29/2011 NGC MS 65   Goldberg May 29 - June 1, 2011 The Pre-Long Beach Auction of US, World Coins and Currency, 63/Lot# 569 $195.50
12/13/2012 PCGS MS 66   Bonhams Coins and Medals, 20086/Lot# 1147 $327.00
1/19/2014 NGC MS 65   GreatCollections GreatCollections Coin Auctions 01/19/2014, 185/Lot# 163874 $126.50
9/7/2014 PCGS MS 64   GreatCollections GreatCollections Coin Auctions 09/07/2014, 191/Lot# 158633 $100.00
9/26/2014 NGC MS 66   Stack's Bowers iAuction 3501, 6055/Lot# 20533 $246.75
6/28/2015 NGC MS 66   Heritage Auctions Internet Coin Auction Session(2), 131527/Lot# 21466 $235.00

NGC Registry

NGC Registry Score 1925 STONE MOUNTAIN 50C MS
Registry Image Gallery
Grade: MS 68
Points: 7198
Owner: PetroKaz
Grade: MS 67
Points: 5833
Owner: Chippewa
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