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The US Commemorative Grant Half Dollar of 1922, in Extra Fine (XF) condition, holds a significant place in American numismatic history. Issued to commemorate the centennial anniversary of Ulysses S. Grant's birth, this coin carries both historical and collector value.
The idea for a commemorative coin honoring Ulysses S. Grant was proposed by the Grant Centenary Committee, seeking to mark the 100th anniversary of the birth of the renowned Civil War general and 18th President of the United States. Authorized by Congress on February 2, 1922, the coin was intended not only as a tribute to Grant's legacy but also as a means to raise funds for the construction of the Grant Memorial in Washington, D.C.
The design of the Grant Half Dollar features a left-facing portrait of Ulysses S. Grant on the obverse, created by Laura Gardin Fraser. Fraser was a notable sculptor and designer who contributed several designs to US coinage. The portrait is accompanied by the inscriptions "GRANT" and "MEMORIAL" along the top rim, and "IN GOD WE TRUST," "LIBERTY," and the date "1922" at the bottom.
The reverse of the coin showcases a horse-mounted figure of Grant in military attire, inspired by a statue sculpted by Henry Merwin Shrady that was later placed in front of the US Capitol Building. The design includes the inscriptions "UNITED STATES OF AMERICA," "E PLURIBUS UNUM," "HALF DOLLAR," and "GRANT BIRTH CENTENARY" encircling the central motif.
The US Commemorative Grant Half Dollar was minted at the Philadelphia Mint. It has a total mintage of 71,424 pieces, which was considered substantial for commemorative coins of that era. The coins were struck in .900 fine silver, weighing 12.5 grams (0.3617 troy ounces), with a diameter of 30.6 mm.
Condition is a crucial factor in determining the value and desirability of numismatic coins like the US Commemorative Grant Half Dollar. Extra Fine (XF) condition signifies that the coin retains sharp details with minor wear visible on the high points of the design. Despite circulation, XF coins typically maintain most of their original mint luster and appeal to collectors seeking well-preserved historical pieces.
The historical significance of the US Commemorative Grant Half Dollar extends beyond numismatics. It commemorates a pivotal figure in American history, Ulysses S. Grant, whose leadership during the Civil War and presidency left an indelible mark on the nation. The funds raised from the sale of these coins contributed to the construction of the Grant Memorial, a testament to Grant's enduring legacy in the heart of the nation's capital.