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Episode 873             Episode 875
Episode 874

Louisiana Purchase Sesquicentennial half dollar
Thu, 2019-Sep-26 01:05 UTC
Length - 2:36

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Welcome to featured Wiki of the Day where we read the summary of the featured Wikipedia article every day.

The featured article for Thursday, 26 September 2019 is Louisiana Purchase Sesquicentennial half dollar.

The Louisiana Purchase Sesquicentennial half dollar was a proposed United States commemorative coin, legislation for which passed both houses of Congress, but was vetoed in 1954 by President Dwight Eisenhower. Intended to celebrate the 150th anniversary of the Louisiana Purchase (1803), the coin was lobbied for by both the Missouri Historical Society (MHS) and the Louisiana Purchase 150th Anniversary Association of New Orleans, who hoped to be able to buy the entire coin issue from the government and sell it at a profit.

Numismatist Eric P. Newman led the MHS's efforts, and corresponded with Congressman Thomas B. Curtis of Missouri, who helped push the bill forward, and with officials of the Louisiana group, such as Clay Shaw. Although many commemoratives had been authorized by Congress in the 1930s, legislators passed few after that; the Treasury Department was strongly against their issue. When the House of Representatives held a hearing on the Louisiana Purchase Sesquicentennial half dollar, the bill was opposed by the Assistant Director of the Mint, F. Leland Howard. The House passed the bill in April 1953, but the Senate was slow to act, passing it in January 1954, and the House concurred in the Senate amendments, the bill was sent to Eisenhower late that month.

Eisenhower vetoed the bill, as well as two other commemorative coin bills, on February 3, 1954. Congress made no attempt to override his vetoes. No commemorative coins were authorized or issued by the United States after 1954 until a new issue was struck in 1982.

This recording reflects the Wikipedia text as of 01:05 UTC on Thursday, 26 September 2019.

For the full current version of the article, see Louisiana Purchase Sesquicentennial half dollar on Wikipedia.

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