Coin Specifications

Category: Silver Commemoratives (1892-1954)
Mint: Philadelphia
Mintage: 100,000
Obverse Designer: Adam Pietz
Reverse Designer: Adam Pietz
Composition: Silver
Fineness: 0.9000
Weight: 12.5000g
ASW: 0.3617oz
Melt Value: $9.25 (1/26/2021)
Diameter: 30.6mm
Edge: Reeded
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1946 IOWA 50C MS obverse 1946 IOWA 50C MS reverse
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Description & Analysis

The 1936 Iowa Centennial Half dollar stands as a monument to effective and equitable distribution of a commemorative coin. As opposed to many other issues in the classic commemorative era, there was no corruption of any sort associated with the coin’s production or sales. Additionally, the design of the coin was quite attractive, which is more than can be said of many other commemorative coins of the era.

The program was the first commemorative coin to be approved since 1937, even though many had been proposed during that time. The numerous abuses and scandals involved with past commemorative coin issues had caused both Congress and President Roosevelt to become opposed to approving any new programs. With Harry S. Truman in office, Iowa managed to get the bill for the new coin passed on August 7th, 1946. It authorized the coining of not more than 100,000 coins. U.S. Mint director Nellie Tayloe Ross selected a former mint engraver, Adam Pietz, to sculpt the new coin.

Adam Pietz’s obverse design depicts a heraldic eagle grasping in its beak a banner inscribed in several lines OUR LIBERTIES WE PRIZE AND OUR RIGHTS WE WILL MAINTAIN. This motif is a simplification of the Iowa State Seal. A constellation of 29 stars is above the eagle, indicating Iowa’s role as the 29th state admitted to the Union. E PLURIBUS UNUM appears in arc form, placed in small letters beneath the banner. Outside, arranged peripherally, are IOWA STATEHOOD CENTENNIAL and the dates 1846 and 1946. The reverse of the Iowa half depicts an elevation view of the Old Stone Capitol at Iowa City, so identified below it. Billowing clouds appear above and behind the structure along with the motto IN GOD WE TRUST, arranged in an arc. Also in arc form is the motto LIBERTY, placed below the building. Around the periphery are UNITED STATES OF AMERICA and HALF DOLLAR.

The full authorized mintage of 100,000 coins was struck in November of 1946. The State Centennial Sub-Committee on Coin clearly wanted all Iowans to have the chance to buy a coin if they wanted one. Therefore, the coins were priced $2.50 for Iowans or $3 for those out-of-state. However, 95% of the mintage was to be sold in Iowa via a population-based lottery system. By March of the following year, the supplies were completely exhausted with the exception of 1,000 pieces held for future distribution in 1996 and 2046.

GRADE SUMMARY

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Price Guide

Last Updated: 2/28/2017

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

1946 50C IOWA MS
  GVGFVFXF505355586061626364656667686970
Base $ - - 58.00 75.00 78.00 80.00 83.00 85.00 88.00 90.00 95.00 100.00 105 110 130 165 260 2450 18000 -
$ - - - - - - - - - 115 140 190 400 4250

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: 6293
Low Grade: VG
Average Grade: 65
High Grade: 69

The chart showing VG series, F series, VF series, 40 series, 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, 69 series.
NGC CENSUS DETAIL Last Updated: 1/26/2021 1946 50C IOWA MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base--1-1-1--14-42413389218542490840426-6293
------------------821--29
----------------113334--51
------------------31--4
Total--1-1-1--14-42413389218552503884686-6377
 --0%-0%-0%--0%0%-0%0%2%14%29%39%14%1%0%- 

NGC Registry

NGC Registry Score 1946 50C IOWA MS
 PrAgGVGFVF4045505355586061626364656667686970
Base171190209230288320327330342348360372381395423450502597949240138175222
1771962162492993223283343443523643753864044324675347141433287342855483
0000003283343443523643753864044324675347141433287300
0000003293383463563683783904144414855658321917334500
Registry Image Gallery
Grade: MS 68
Points: 2873
Owner: Chippewa
 
Grade: MS 68
Points: 2873
Owner: J & L
 
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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.