Episode 1671
Cleveland Centennial half dollar
Wed, 2021-Dec-01 00:44 UTC
Length - 2:39
Direct Link
Welcome to featured Wiki of the Day where we read the summary of the featured Wikipedia article every day.
The featured article for Wednesday, 1 December 2021 is Cleveland Centennial half dollar.
The Cleveland Centennial half dollar is a commemorative United States half dollar struck at the Philadelphia Mint in 1936 and 1937, though all bear the earlier date. Sometimes known as the Cleveland Centennial Great Lakes Exposition half dollar, it was issued to mark the 100th anniversary of Cleveland, Ohio, as an incorporated city, and in commemoration of the Great Lakes Exposition, held in Cleveland in 1936.
In the mid-1930s, commemorative coins were increasing in value, and Cincinnati businessman Thomas G. Melish, a coin collector, lobbied Congress to authorize several new issues, of which he would be the sole distributor. He was successful with the Cincinnati Musical Center half dollar, from which he profited greatly, and with the Cleveland piece. Brenda Putnam designed the Cleveland coin, which was approved by the Commission of Fine Arts after suggestions by sculptor Lee Lawrie.
Melish distributed the Cleveland coins through the exposition, at local banks, and by mail order from his office in Cincinnati. Sales were good, and the full authorized mintage of 50,000 was struck. Congress had inserted safeguards in the legislation to curb excessive profits, and though some of the coins were minted in 1937, there was no change of date, meaning collectors would have to purchase only one piece to have a complete set. Thousands remained in dealer inventories for years, and the coins remain inexpensive by the standards of commemorative coins of the era.
This recording reflects the Wikipedia text as of 00:44 UTC on Wednesday, 1 December 2021.
For the full current version of the article, see Cleveland Centennial half dollar on Wikipedia.
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