Coin Specifications

Category: Silver Commemoratives (1892-1954)
Mint: Denver
Mintage: 6,000
Catalog: KM-198
Obverse Designer: Isaac Scott Hathaway
Reverse Designer: Isaac Scott Hathaway
Composition: Silver
Fineness: 0.9000
Weight: 12.5g
ASW: 0.3617oz
Melt Value: $5.43 (2/8/2016)
Diameter: 30.6mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
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1950 D BOOKER T. WASHINGTON 50C MS obverse 1950 D BOOKER T. WASHINGTON 50C MS reverse


  
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VarietyPlus®

There are no NGC varieties for this coin.

Description & Analysis

Booker T. Washington was one of the leading figures in the charge to educate freed slaves during the reconstruction era. Being a free slave himself, he believed that the key to African Americans’ future success was through learning practical skills. Though his emphasis on manual skills as the ticket to advancement for his race drew criticism from those favoring a more balanced education for African Americans, it’s evident that his approach was perhaps better suited to the American social climate of its time. But Booker T. Washington’s ceaseless, pioneering efforts helped to ease white America into a greater acceptance of their fellow Americans.

Due to his place in American History, the Booker T. Washington Birthplace Memorial Commission looked to strike a commemorative coin in his honor. They hoped to raise funds for the purchase and maintenance of his birthplace in Franklin County, Virginia. They were successful, and legislation was passed on August 7th, 1946 authorizing the mintage of up to 5 million coins. There were no stipulations placed on date and mint, an oversight that the Commission took full advantage of over the course of the following years.

The Commission hired sculptor Charles Keck, creator of the Panama-Pacific gold dollar and Lynchburg half, to design the coin. He submitted his designs which were approved by the Mint. However, unbeknownst to him or the BTW Commission, African-American artist Isaac Scott Hathaway learned of the program and offered up his own designs for free. Not knowing all of the facts, the Commission of Fine Arts approved Hathaway’s models. These were to be the designs that were put on the coin, and Keck’s were not used.

The coin’s obverse features a three-quarter facing bust of Washington. Below this is his name BOOKER T. WASHINGTON, while above is the legend UNITED STATES OF AMERICA, both arranged in peripheral arcs around the coin’s border. To the left of Washington’s portrait are the year of coining and the value HALF DOLLAR, while the Latin legend E PLURIBUS UNUM is placed to the right. The reverse features in large letters the inscription FROM SLAVE CABIN TO HALL OF FAME. Indeed, both are depicted, New York City’s Hall of Fame colonnade above, and a generic slave cabin below. Squeezed into the spaces at left and right of the cabin are IN GOD WE TRUST and FRANKLIN COUNTY VA, respectively. Below the cabin is yet another statutory motto, LIBERTY, flanked by small stars, while the words BOOKER T. WASHINGTON BIRTHPLACE MEMORIAL are arranged in an arc inside the upper periphery.

For the initial offering year of 1946, 200,000 sets were issued, and an additional 800,000 coins were minted in Philadelphia. While many of these coins were likely melted in 1951, no records were kept as to the quantity of each date and mint mark that were destroyed. Sales were abysmal, and many coins were either released into circulation or melted. Nevertheless, all three mints coined this type annually through 1951 in ever-diminishing quantities that went straight to speculators and those few collectors who stayed with the program each year. Only the 1950-S and 1951(P) coins had significantly larger mintages, around half a million each, but again these coins were mostly returned to the Mint in later years for melting. All Booker T. Washington halves minted after 1946 aside from the 1950-S and 1951(P) issues are better coins price-wise due to their significantly lower mintages that range from 6,000 to 8,000 coins each.

GRADE SUMMARY

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Price Guide

Last Updated: 7/24/2015

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

1950 D BOOKER T. WASHINGTON 50C MS
  GVGFVFXF5053555861626364656667686970
Base $ - - - 16.00 17.00 23.00 26.00 28.00 30.00 37.00 40.00 47.00 60.00 110 490 3750 - - -
$ - - - - - - - 52.00 70.00 120 790 9250 -

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Census

 
NGC GRADE SUMMARY

Total Graded: 596
Low Grade: 63
Average Grade: 65
High Grade: 67


Upcoming Auctions

A random selection of NGC coins is shown below.

Images
Date
Grade
Auction House
Sale / Lot
2/7/2016 MS 67   Heritage Auctions 2016 February 4 - 7 Long Beach Expo US Coins Signature Auction - Long Beach Session(4), 1232/Lot# 7926


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
3/6/2000 NGC MS 65   Teletrade Auction 1280, 1280/Lot# 1724 $59.95
9/8/2009 PCGS MS 66   Heritage Auctions Internet Coin Auction #29093, 29093/Lot# 24623 $230.00
5/29/2011 NGC MS 67   Goldberg May 29 - June 1, 2011 The Pre-Long Beach Auction of US, World Coins and Currency, 63/Lot# 1136 $1,667.50
1/8/2012 NGC MS 64   Heritage Auctions Internet Coin Auction Session(1), 131203/Lot# 22780 $59.00
2/26/2012 NGC MS 65   GreatCollections GreatCollections Coin Auctions 02/26/2012, 9/Lot# 38584 $71.50
2/28/2012 NGC MS 67   Stack's Bowers The March 2012 Baltimore Auction, 135/Lot# 8837 $833.75
8/12/2012 NGC MS 65   Heritage Auctions Internet Coin Auction Session(2), 131234/Lot# 25448 $59.00
2/3/2013 PCGS MS 65   David Lawrence Rare Coins Internet Auction # 737, 746/Lot# 388 $120.00
8/17/2014 PCGS MS 65   Heritage Auctions Internet Coin Auction Session(2), 131434/Lot# 28017 $68.00


NGC Registry

NGC Registry Score 1950 D BOOKER T. WASHINGTON 50C MS
 PrAgGVGFVF4045505355586061626364656667686970
Base37455054636772102115119123139151163190237395112420483216575510427
4047515764698210611612012814315517220629063814322437406273120
0000008210611612012814315517220629063814322437406200
0000009211111812213414715918122134288117402827490900
Registry Image Gallery
Grade: MS 67
Points: 2048
Owner: Chippewa
 
Grade: MS 67
Points: 2048
Owner: Conly Rieder
 
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