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<p>[QUOTE=&quot;RonSanderson, post: 3170347, member: 77413&quot;]What is the story, I wonder, behind a circulated Commemorative?</p><p><br /></p><p>In 1926, this was a new issue and sold for $1.00. As such, you would expect it to be put aside instead of spent (losing both the enjoyment of the coin and the .50 premium paid).</p><p><br /></p><p>But the Great Depression came along just a few years later. Maybe that 50 cents face value looked pretty good compared to holding onto a pretty coin.</p><p><br /></p><p>I would expect all of these to be uncirculated, but NGC has about 35 of these graded AU 58 compared to 1500 in MS 64-65. Eventually, someone found it and set it aside again. It&#039;s still ungraded today.</p><p><br /></p><p>In this case, the devices are accented by a bit of dirt that gives some contrast. I like the effect and wonder about the past.</p><p><br /></p><p>[ATTACH=full]815361[/ATTACH][/QUOTE]</p><p><br /></p>

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