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1938 New Rochelle, NY Half Dollar
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<p>[QUOTE="leeg, post: 4542247, member: 17073"]All nice stuff so far!! Thanks for posting.</p><p><br /></p><p>[ATTACH=full]1124448[/ATTACH] </p><p><br /></p><p>[ATTACH=full]1124450[/ATTACH] </p><p><br /></p><p><b>Both</b> <b>courtesy FDR Library; bequest of the Estate of Franklin D. Roosevelt, from the President’s personal file.</b></p><p><br /></p><p>“Despite the objection of President Roosevelt to further issues of commemorative coins, and the possibility that he may veto bills providing for them that reach him, Congress had proceeded to consider bills authorizing several new issues and changes in two other issues, the maximum number of which have not been coined.</p><p><br /></p><p>This issue was unique in that it was the first early commemorative coin to be asked for by an organization of coin collectors, The Westchester County Coin Club.</p><p><br /></p><p>In early January of 1936 Senator Copeland, of New York, introduced a bill providing for the coinage of a half dollar in commemoration of the 250th anniversary of the founding of New Rochelle, N. Y.</p><p><br /></p><p>Senator Copeland’s bill had several unique, problematic, aspects to it:</p><p><br /></p><p>Total coinage numbers were not listed. Unlimited coinage numbers and years to mint them?</p><p><br /></p><p>Shall be coined ‘at the mints’ which meant ‘D’ and ‘S’ varieties were allowed. Not in favor by collectors at the time.</p><p><br /></p><p>The coins were to be issued to the Westchester Coin Club of New Rochelle, NY. There was no such coin club in existence at that time. It should have stated Westchester ‘County’ Coin Club.</p><p><br /></p><p>Nowhere in the bill was it stated to what use the profit from the sale of the coins were to be used.</p><p><br /></p><p>Was it not just possible that every coin club in the country would search the history of its City or State to find some event worthy of being commemorated? Would not the Westchester County Coin Club, with its coffers swollen to enormous size, be the envy of every other coin club?</p><p><br /></p><p>On January 22, 1936 a Bill originating in the House of Representatives was introduced which removed all the unique features of the New Rochelle half dollar bill referred to above. In most respects the bill was similar to the one previously introduced in the Senate, but it provided for an issue of 20,000 half dollars, which are to be issued ‘only upon the request of the committee, person or persons duly authorized by the Mayor of the City of New Rochelle, N. Y.,’ and ‘all proceeds shall be used in furtherance of the commemoration of the founding of the City of New Rochelle, N. Y.’</p><p><br /></p><p>On February 18th a report from the Committee on Coinage, Weights and Measures reported favorably on the bill for the New Rochelle half dollar.</p><p><br /></p><p>On March 16th the Bill authorizing the half dollar for New Rochelle, N.Y., having been entirely rewritten, passed the House. It provided that ‘there shall be coined at a mint of the United States to be designated by the Director of the Mint not to exceed 25,000 silver 50-cent pieces.’ It also provided that ‘no such coins shall be issued after the expiration of one year after the date of enactment of this act.’ As written it also passed the Senate.</p><p><br /></p><p>The New Rochelle half dollar also has a special place in the series as the Act authorizing the issue specified that the date 1938 (250th anniversary) should appear on the coin regardless of the year in which coined. It was authorized in 1936, minted in 1937, and carries the date 1938.[/QUOTE]</p><p><br /></p>
[QUOTE="leeg, post: 4542247, member: 17073"]All nice stuff so far!! Thanks for posting. [ATTACH=full]1124448[/ATTACH] [ATTACH=full]1124450[/ATTACH] [B]Both[/B] [B]courtesy FDR Library; bequest of the Estate of Franklin D. Roosevelt, from the President’s personal file.[/B] “Despite the objection of President Roosevelt to further issues of commemorative coins, and the possibility that he may veto bills providing for them that reach him, Congress had proceeded to consider bills authorizing several new issues and changes in two other issues, the maximum number of which have not been coined. This issue was unique in that it was the first early commemorative coin to be asked for by an organization of coin collectors, The Westchester County Coin Club. In early January of 1936 Senator Copeland, of New York, introduced a bill providing for the coinage of a half dollar in commemoration of the 250th anniversary of the founding of New Rochelle, N. Y. Senator Copeland’s bill had several unique, problematic, aspects to it: Total coinage numbers were not listed. Unlimited coinage numbers and years to mint them? Shall be coined ‘at the mints’ which meant ‘D’ and ‘S’ varieties were allowed. Not in favor by collectors at the time. The coins were to be issued to the Westchester Coin Club of New Rochelle, NY. There was no such coin club in existence at that time. It should have stated Westchester ‘County’ Coin Club. Nowhere in the bill was it stated to what use the profit from the sale of the coins were to be used. Was it not just possible that every coin club in the country would search the history of its City or State to find some event worthy of being commemorated? Would not the Westchester County Coin Club, with its coffers swollen to enormous size, be the envy of every other coin club? On January 22, 1936 a Bill originating in the House of Representatives was introduced which removed all the unique features of the New Rochelle half dollar bill referred to above. In most respects the bill was similar to the one previously introduced in the Senate, but it provided for an issue of 20,000 half dollars, which are to be issued ‘only upon the request of the committee, person or persons duly authorized by the Mayor of the City of New Rochelle, N. Y.,’ and ‘all proceeds shall be used in furtherance of the commemoration of the founding of the City of New Rochelle, N. Y.’ On February 18th a report from the Committee on Coinage, Weights and Measures reported favorably on the bill for the New Rochelle half dollar. On March 16th the Bill authorizing the half dollar for New Rochelle, N.Y., having been entirely rewritten, passed the House. It provided that ‘there shall be coined at a mint of the United States to be designated by the Director of the Mint not to exceed 25,000 silver 50-cent pieces.’ It also provided that ‘no such coins shall be issued after the expiration of one year after the date of enactment of this act.’ As written it also passed the Senate. The New Rochelle half dollar also has a special place in the series as the Act authorizing the issue specified that the date 1938 (250th anniversary) should appear on the coin regardless of the year in which coined. It was authorized in 1936, minted in 1937, and carries the date 1938.[/QUOTE]
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1938 New Rochelle, NY Half Dollar
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