1982 Silver Half Dollar George Washington Coin
$40
Ships for $3.49
Posted 2 months ago in Canandaigua, NY
Condition: New
Listed in categories: Collectibles & Art - Collectibles - Coins & Money
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Details
Composition
Silver
Circulated
Uncirculated
Certification
U.S. Mint
Description
Commemorative issue celebrating 250th Anniversary of George Washington's Birth. The 1982 George Washington Commemorative Half Dollar marked the beginning of the modern commemorative coin era. The coin was issued to celebrate the 250th anniversary of the birth of George Washington. The coin was designed by Elizabeth Jones, who was serving as the chief sculptor and engraver of the United States Mint at the time the coin was issued. Coins were struck in 90% silver and represented the first 90% silver coins to be produced by the United States Mint since 1964. Proof and uncirculated versions were issued, with proof coins struck at the San Francisco Mint and the uncirculated coins struck at the Denver Mint. A maximum authorized mintage of 10 million coins was established by law. The coins were initially sold at a discount during a “pre-issue” period before regular prices went into effect. Unlike most subsequent modern commemoratives, the George Washington Half Dollars were produced in anticipation of sales throughout 1982 and 1983, although all coins were dated 1982. When the US Mint finally stopped accepting orders for the coins on December 31, 1985, a quantity of more than one million unsold coins were melted. Nonetheless, the program achieved a profit of more than $36 million, which was deposited into the Treasury General Fund.
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