Coin Specifications

Category: Silver Commemoratives (1892-1954)
Mint: Philadelphia
Mintage: 17,658
Obverse Designer: Getrude K. Lathrop
Reverse Designer: Getrude K. Lathrop
Composition: Silver
Fineness: 0.9000
Weight: 12.5000g
ASW: 0.3617oz
Melt Value: $9.04 (1/28/2021)
Diameter: 30.6mm
Edge: Reeded
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1936 ALBANY 50C MS obverse 1936 ALBANY 50C MS reverse
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Description & Analysis

By 1936, public interest in commemorative coin projects of the Unites States was at an all-time low. By this point, the Mint had already issued many different coins commemorating anniversaries of mostly local significance. The Albany half dollar was no exception. On June 16th of 1936, at the request of the Albany Dongan Charter Committee, a bill was passed to strike no more than 25,000 coins to commemorate the 250th anniversary of the charter of the city of Albany.

Once the bill was passed, the committee got to work selecting a designer for the coin. Miss Gertrude Lathrop was the artist selected, as she was born in Albany and was a well-known sculptress. Her obverse design featured a beaver, a common animal of the area, with a maple branch (the state tree) in its mouth. The reverse depicted a group of 3 men dressed in period garb. These men were to represent the first governor of the state, Thomas Dongan, bidding farewell to Peter Schuyler (the first mayor of Albany) and Robert Livingston, who were the two men that convinced Dongan to grant the city a charter in 1686.

Surprisingly, the Commission of Fine Arts was for once happy with the design’s artistic merits and the entire mintage of 25,013 (including 13 assay pieces) was coined during October of 1936. The coins were then offered at the price of $2 each by the Charter Committee. Unfortunately for the group, this price was much higher than the more typical cost of $1-$1.50 per coin. Coin collectors, who had already been assailed with nearly twenty commemoratives in that same year, let out a big yawn, and sales of the Albany half dollar fell far short of expectations.

To its credit, the Committee refused to discount the coins for several years afterward, trying to maintain the integrity of its program. In a final effort to move the remaining few thousand pieces, the entire lot was offered to coin dealer Abe Kosoff at $50 over face! Unable to find interested backers, and likewise unable to tie up such a sum himself, Kosoff had no choice but to decline the offer. Accepting defeat, the Committee returned most of the unsold coins (totalling 7,342 pieces) to the Philadelphia Mint in 1943, where they were melted, leaving the total mintage at 17,658.

GRADE SUMMARY

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Price Guide

Last Updated: 1/31/2020

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

1936 50C ALBANY MS
  GVGFVFXF505355586061626364656667686970
Base $ - - 170 185 200 205 210 215 235 225 230 240 245 260 285 415 825 17500 - -
$ - - - - - - - - 250 275 360 470 1600 -

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: 3060
Low Grade: 53
Average Grade: 64
High Grade: 68

The chart showing 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 1936 50C ALBANY MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base--------1-4194115889412345641459--3060
-----------------2102--14
---------------341117---35
-------------------1--1
Total--------1-41941158897123857717212--3110
 --------0%-0%0%0%1%5%29%40%19%6%0%-- 

NGC Registry

NGC Registry Score 1936 50C ALBANY MS
 PrAgGVGFVF4045505355586061626364656667686970
Base4534925325756117157257357547647838208478658829491051127121247138827214572
46650554658764671872874175777079582985387190498311241555379575161037215301
000000728741757770795829853871904983112415553795751600
0000007327487617778088388598769271017119818405467789400
Registry Image Gallery
Grade: MS 68
Points: 7516
Owner: J & L
 
Grade: MS 68
Points: 7138
Owner: Bruce Young
 
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NGC Auction Central Disclaimer

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.