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: 12.5g
ASW: 0.3617oz
Melt Value: $6.81 (8/30/2016)
Diameter: 30.6mm
Edge: Reeded
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.

GRADE SUMMARY

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Price Guide

Last Updated: 7/24/2015

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1925 STONE MOUNTAIN 50C MS
  GVGFVFXF505355586061626364656667686970
Base $ - - - 37.50 45.00 60.00 63.00 67.00 70.00 73.00 77.00 83.00 90.00 140 250 400 2050 23000 - -
$ - - - - - - - - 100.00 155 275 600 3750 -

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Census

 
NGC GRADE SUMMARY

Total Graded: 8541
Low Grade: PrAg
Average Grade: 64
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
2/11/2000 NGC MS 65   Heritage Auctions 2000 February Long Beach Sale #222, 222/Lot# 5855 $103.50
4/2/2007 NGC MS 65   David Lawrence Rare Coins Spring Collectors Choice Sale', 137/Lot# 1081 $161.00
7/4/2007 PCGS MS 65   Teletrade Auction 2390, 2390/Lot# 1464 $224.00
2/10/2008 PCGS MS 65   Goldberg February 10-13, 2008 Pre-Long Beach Coin and Currency Auction, 44/Lot# 704 $172.50
12/13/2012 PCGS MS 66   Bonhams Coins and Medals, 20086/Lot# 1147 $327.00
1/12/2014 NGC Details UNC Details  Heritage Auctions Internet Coin Auction Session(1), 131403/Lot# 24368 $61.00
6/22/2014 NGC MS 64   GreatCollections GreatCollections Coin Auctions 06/22/2014, 200/Lot# 202335 $80.93
1/4/2015 PCGS MS 66   Heritage Auctions Internet Coin Auction Session(2), 131502/Lot# 24509 $282.00
3/6/2015 NGC MS 67   Stack's Bowers March 2015 Portland ANA, 6103/Lot# 510 $3,055.00


NGC Registry

NGC Registry Score 1925 STONE MOUNTAIN 50C MS
 PrAgGVGFVF4045505355586061626364656667686970
Base10211112313915518320123724826227228229531433647772599031037198888216245
105115128144164189213241253265275286301321383560813169444687759113360
00000021324125326527528630132138356081316944468775900
00000022524425726927929130832943064290223995833832100
Registry Image Gallery
Grade: MS 68
Points: 7611
Owner: Richard Schultz
 
Grade: MS 68
Points: 7198
Owner: PetroKaz
 
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