Just wanted to share a little bit about the history behind coin: During May (172,000) and June (102,000) 1923 was 274,077 coins that were minted at the San Francisco Mint. 77 coins were sent to the Assay Commission and nearly all went into circulation at face value (per U.S. Mint records). Chester Beach designed and modeled this issue. Distributed by W. L. Halberstadt, Director of Coin Distribution of The American Historical Revue and Motion Picture Industrial Exposition. Image courtesy of CRO, a coin in my collection. Approved by Congress on January 24, 1923 and issued to commemorate the one hundredth anniversary of the enunciation1 of the Monroe Doctrine. Design: Obverse: Depicts James Monroe and John Quincy Adams with the names MONROE and ADAMS under the images. Around the rim it states UNITED STATES OF AMERICA – HALF DOLLAR. To the left it states IN GOD WE TRUST. To the right is the date 1923 with S below for San Francisco Mint where the coins were made. Reverse: Chester Beach’s description: Map of North and South America. North America is in the form of a draped figure carrying the laurel of Peace, reaching to South America, also a draped figure carrying a Horn of Plenty. Their hands touch at the Panama Canal. The West Indies are indicated. The current of the oceans are lightly shown. Between the dates 1823-1923 are a scroll and a quill pen, symbolizing the ‘Treaty.’ Monroe’s Administration was called the ‘Era of Goodfeeling and Understanding.’ MONROE DOCTRINE CENTENNIAL is around the top with LOS ANGELES around the bottom. The models for this coin were prepared by Chester Beach, who used for the reverse of this piece, the symbolic figures representative of the Americas. This motif had been less successfully employed on the badge of the Pan-American Exposition at Buffalo in 1901. The coins were distributed by the Los Angeles Clearinghouse at $1 each. “On December 5 last a bill was introduced in the United States Senate by Senator Johnson, of California, authorizing an issue of 50-cent pieces in commemoration of the 100th anniversary of the enunciation of the Monroe Doctrine. The bill, which was read and referred to the Committee on Banking and Currency, reads as follows: 1. Enunciation - A formal announcement or statement: the enunciation of a doctrine. Original sketches for Monroe Doctrine Centennial Half Dollar. Image courtesy of Stacks/Bowers Galleries. A BILL To authorize the coinage of 50-cent pieces in commemoration of the one hundredth anniversary of the enunciation of the Monroe Doctrine. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, That in commemoration of the one hundredth anniversary of the enunciation of the Monroe Doctrine there shall be coined at the mints of the United States silver 50-cent pieces to the number of not more than three hundred thousand, such 50-cent pieces to be of the standard troy weight, composition, diameter, device, and design as shall be fixed by the Director of the Mint, with the approval of the Secretary of the Treasury, which said 50-cent pieces shall be legal tender in any payment to the amount of their face value. SEC.2. That the coins herein authorized shall be issued only upon the request of the Los Angeles Clearing House and upon payment by such clearing house to the United States of the par value of such coins. SEC.3. That all laws now in force relating to the subsidiary silver coins of the United States and the coining or striking of the same, regulating and guarding the process of coinage, providing for the purchase of material and for the transportation, distribution, and redemption of the coins, for the prevention of debasement or counterfeiting, for security of the coin, or for any other purposes, whether said laws are penal or otherwise, shall, so far as applicable, apply to the coinage herein authorized: Provided, That the United States shall not be subject to the expense of making the necessary dies and other preparations for this coinage. The object of this issue of coins, other than the commemorative feature, is not stated in the bill. It provides that the coins shall be issued only upon the request of the Los Angeles Clearing House upon payment by it of the par value of the coins. Otherwise the bill is similar to those authorizing other recent commemorative half dollars. While the Doctrine enunciated by President Monroe in 1823 has never had legal standing, it has been upheld by the United States and respected by foreign governments for almost a century. The substance of the Doctrine has been taught in our public schools and all collectors are familiar with it. But at this time, in view of the proposed issue of coins, the words of President Monroe in declaring it as a principle of the United States Government will not be out of place. In his message to Congress, December 2, 1823, he said: ‘In the discussions to which this interest has given rise, and in the arrangement by which they may terminate, the occasion has been deemed proper for asserting, as a principle in which rights and interests of the United States are involved, that the American continents, by the free and independent condition which they have assumed and maintain, are henceforth not to be considered as subjects for future colonization by any European power. * * * We owe it, therefore, to candor and to the amicable relations existing between the United States and those powers to declare that we should consider any attempt on their part to extend their system to any portion of this hemisphere as dangerous to our peace and safety. With the existing colonies or dependencies of any European power we have not interfered and shall not interfere. But with the governments who have declared their independence and maintain it, and whose independence we have, on great considerations and on just principles, acknowledged, we could not view any- interposition for the purpose of oppressing them or controlling in any other manner their destiny by any European power in any other light than as the manifestation of an unfriendly disposition toward the United States.’ When the recent project of a Hayes Commemorative Half Dollar was abandoned collectors were without a possible souvenir coin issue to look forward to. The past few years has brought to them several such issues, and all have been welcome. They have a historical value, and it is to be regretted the Government does not allow the public generally a greater degree of participation in such issues. For the collector they relieve the monotony of a collection of the United States mint issues. Of the seven commemorative coins struck since 1918, beginning with the Illinois half dollar, four have been in commemoration of the one-hundredth anniversary of the admission of States to the Union, and three have been for other worthy purposes. There will be no opportunity for another issue in the former class until 1936, when Arkansas will have reached her one-hundredth year of Statehood. But as the commemorative coin idea has established itself so firmly in the United States, and as it does not seem difficult to obtain from Congress the necessary authority, there is no good reason why we should not continue to have such a coin every year or two, for there are many events in the early history of the country that are worthy of being commemorated by an issue of souvenir coins. The sesquicentennial of the Signing of the Declaration of Independence will occur July 4, 1926, and it is understood that an exposition is being planned to be held in Philadelphia during that year. It goes without saying that a coin-perhaps a set of coins-will be struck in commemoration of that great event in American history. One in a collection of twenty-four different commemorative U.S. half dollars and one quarter dollar (MO 184.108.40.206-25), each mounted in a cardboard and cellophane container so that each side of the coin may be seen. Part of a collection of coins, tokens, paper money, etc., received from President Franklin D. Roosevelt on May 29, 1941. Courtesy bequest of Franklin D. Roosevelt, FDR Library MO 1941-12-43-14. The bill authorizing the Monroe Doctrine Commemorative coin has been favorably reported, and unless obstacles are placed in the way it should pass Congress in ample time for the coin to be placed on the market before the actual centennial anniversary of the enunciation of the Doctrine arrives. It is an event of national significance, and it is hoped the design of the coin will be in keeping with the spirit of the occasion.”1 1 The Numismatist, A Monroe Doctrine Commemorative Half Dollar, January, 1923, p. 23-24. Enjoy! More to follow.