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Over 130 Years of Commemorative Coins

The U.S. commemorative coin tradition stretches from the 1892 Columbian Exposition Half Dollar — the first U.S. commemorative — through today's annual programs. But classic and modern commemoratives feel like entirely different collecting worlds.

Classic commemoratives (1892-1954) were individually authorized by Congress and produced in relatively small quantities. Over 50 different types exist, from the 1892 Columbian to the 1954 Carver/Washington. Many were sold at premiums to fund exhibitions and monuments. The 1915 Panama-Pacific $50 pieces (round and octagonal) are among the most valuable commemoratives ever issued.

Modern commemoratives (1982-present) revived the program after a 28-year hiatus. They're struck in silver dollars, clad half dollars, and gold $5 and $10 coins, with surcharges funding related causes. Over 80 different silver dollar issues alone have been produced.

The Debate

Do you prefer classic or modern commemoratives?
Which single commemorative

Commemoratives

Classic vs. Modern Commemoratives: Which Era Wins?