NNP Encyclopedia data is provided in cooperation with Whitman Brands, based on catalog data organized by the Greysheet Identification System (GSID).
Entry Details
PCGS Number: 9312 Coin Date: 1935 Denomination (Short): 50c Denomination (Long): Half dollar Variety: Hudson Desg: MS Composition: 90% silver; 10% copper Mintage: 10,008 Strike Type: Business Coinage Type: Classic Commemorative Coinage Years: 1892-1954 Mint Location: Philadelphia Diameter: 30.6 Fineness: 0.9 Weight (Grams): 12.5 Weight (Ounces): 0.475 Designer: Chester Beach Edge: Reeded General Notes:
The 1935 Hudson half dollar commemorates the small city in Upstate New York whose 150th anniversary is honored on this coin designed by Chester Beach. The Hudson half dollar is a coin wrapped in controversies -- the types that led to the demise of the entire program in the 1950s.
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One story suggests that a some individual, perhaps a dealer, bought some 7,500 examples of the coin, issued for $1, at a discounted price of 95 cents each. This individual held about 75% of the coin's entire mintage while collectors, having great difficulty in locating the coin, assumed the Hudson half dollar was scarce. Aftermarket prices approached $10 before the hoarder began distributing the coins at an incredible profit. Today, most Hudson halves are encountered in the grades of MS62-65, with MS66s proving quite scarce and examples in MS67 or higher rare. PCGS #: 9312 NGC ID: BYGS