Coin Specifications

Category: Silver Commemoratives (1892-1954)
Mint: Philadelphia
Mintage: 10,009
Obverse Designer: L. W. Hoffecker & Edmund J. Senn
Reverse Designer: L. W. Hoffecker & Edmund J. Senn
Composition: Silver
Fineness: 0.9000
Weight: 12.5000g
ASW: 0.3617oz
Melt Value: $9.13 (1/28/2021)
Diameter: 30.6mm
Edge: Reeded
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1935 SPANISH TRAIL 50C MS obverse 1935 SPANISH TRAIL 50C MS reverse
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Description & Analysis

The Spanish Trail Memorial half dollar was simply another money-making scheme by L. W. Hoffecker, a Texas coin dealer and future ANA president. After a commemorative coin he tried to have made honoring the Gadsden Purchase was vetoed by the President, Hoffecker set out on a search for another event to commemorate. In his position as Chairman of the El Paso Museum Committee, he found the event he was looking for. Rewriting history to suit his own ends, Hoffecker claimed that El Paso was the end of the Old Spanish Trail traveled by early explorer Alvar Nunez Cabeza de Vaca and the remnants of an 1527 Spanish expedition. This was not really the case, but apparently that didn’t bother Congress, as a bill was passed on June 5th, 1935 authorizing a maximum of 10,000 half dollars commemorating the trail.

Hoffecker, in addition to inventing the need for the coin, also had a specific design in mind for it. He hired local El Paso sculptor Edmund J. Senn to execute his plans. Hoffecker was clearly no artist, and his designs are one of the most widely criticized of any commemorative coin. The obverse displays a cow’s head as the central device, apparently a metaphor for Cabeza de Vaca, which translates in Spanish to “head of a cow.” Directly above the cow’s head on the coin’s obverse is the legend LIBERTY and above that, the motto E PLURIBUS UNUM. Below is the explorer's name ALVAR NUNEZ CABEZA DE VACA. Encircling the rim are the inscriptions UNITED STATES OF AMERICA and HALF DOLLAR.

The reverse displays a map of the southern United States from Florida through Texas with the fictionalized Spanish Trail marked off across five states, ending at EL PASO. Continuing his disregard for historical accuracy, Hoffecker designated stops along the trail at cities that did not exist in the early 16th century. Superimposed on the map is a blooming yucca tree, a common plant in the desert regions of the southwestern United States. At the bottom of the reverse are the two dates 1535 and 1935. The legend OLD•SPANISH•TRAIL appears at the top border and the motto IN GOD WE TRUST is to the right of the yucca tree.

The full authorized mintage of 10,000 coins was struck in September of 1935 at the Philadelphia Mint. They were distributed by the El Paso Museum Committee for $2 each, a hefty sum at the time for a coin with a face value of 50 cents. There was definitely some favoritism involved in the sale of the coins, but they still ended up being distributed widely, mostly to collectors.

GRADE SUMMARY

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Price Guide

Last Updated: 8/31/2018

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

1935 50C SPANISH TRAIL MS
  GVGFVFXF505355586061626364656667686970
Base $ - - - - 875 890 895 915 935 960 985 1035 1150 1200 1325 1410 2800 29000 - -
$ - - - - - - - - - 1225 1380 1800 4600 -

NGC Price and Value Guides Disclaimer

Disclaimer: The prices listed in the various NGC Price and Value Guides are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. Prices provided are averages, not specific prices for individual coins. Further, because these prices are only updated from time to time, they do not reflect short term pricing trends, which are quite common and are often quite dramatic, given the volatile nature of the collectible coin marketplace. This is especially true for rare coins, where there are fewer sales and greater variations in sale prices. For all of these reasons, the prices in these guides are designed to serve merely as one of many measures and factors that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and — when appropriate — expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Guides. By using the NGC Guides, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the Guides.

Census

 
NGC GRADE SUMMARY

Total Graded: 1914
Low Grade: 45
Average Grade: 64
High Grade: 68

The chart showing 45 series, 50 series, 53 series, 55 series, 58 series, 60 series, 61 series, 62 series, 63 series, 64 series, 65 series, 66 series, 67 series, 68 series.
NGC CENSUS DETAIL Last Updated: 1/26/2021 1935 50C SPANISH TRAIL MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base------1---2-119975067304431087--1914
----------------1-62--9
---------------481915---46
-----------------------
Total------1---2-119975107394621299--1969
 ------0%---0%-0%1%5%26%38%23%7%0%-- 

NGC Registry

NGC Registry Score 1935 50C SPANISH TRAIL MS
 PrAgGVGFVF4045505355586061626364656667686970
Base112712021281136314501707179918211852187319071928194919692009214322332464328178591355123379
115212281308139215361738180618311859188419141935195619822054217323102736480797561682724548
0000001806183118591884191419351956198220542173231027364807975600
00000018141842186618961921194219621996209822032387300963331165400
Registry Image Gallery
Grade: MS 68
Points: 7859
Owner: J & L
 
Grade: MS 67
Points: 3281
Owner: Bruce Young
 
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NGC Auction Central Disclaimer

Disclaimer: The auction prices realized listed in the NGC Auction Central are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. The auction data listed by NGC may occasionally contain typographical or input errors that can result in incorrect prices realized appearing on the NGC website. Therefore, the prices realized listed in NGC Auction Central are designed to serve merely as one of many measures and facts that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and – when appropriate – expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Auction Central. By using the NGC Auction Central, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the NGC Auction Central.