The 1918 Illinois Centennial Half Dollar is a coin that holds both historical and financial value for collectors. This commemorative coin marks Illinois’ 100th anniversary of becoming a state and features a detailed image of Abraham Lincoln, one of Illinois’ most famous natives. In this guide, we’ll cover the coin’s history, design, specifications, and current market value.
History of the 1918 Illinois Centennial Half Dollar
The 1918 Illinois Centennial Half Dollar was created to celebrate the 100th anniversary of Illinois joining the United States. To help fund the celebrations across the state, the U.S. government authorized the creation of this coin. The Illinois Centennial Commission worked with the U.S. Mint, which produced 100,000 coins at the Philadelphia Mint. This coin was one of the earliest commemorative coins issued by the U.S. Mint and the 13th in the series.
Design of the 1918 Illinois Centennial Half Dollar
The design of this coin is deeply connected to Illinois’ history, featuring some of the state’s most recognizable symbols.
Obverse Design
The front of the coin shows a bust of Abraham Lincoln, inspired by a statue of him in Springfield, Illinois. Around Lincoln’s image are the words “CENTENNIAL OF THE STATE OF ILLINOIS.” The word “LIBERTY” appears to the right of Lincoln’s bowtie, and “IN GOD WE TRUST” is below the bust, along with the year 1918.
Reverse Design
The reverse side of the coin features a powerful eagle, taken from the Great Seal of Illinois. The eagle holds a shield and a rock in its talons. A ribbon around the eagle’s neck reads, “STATE SOVEREIGNTY, NATIONAL UNION.” Above the eagle is a sunrise, representing hope, and an olive branch symbolizes peace. The coin also includes the motto “E PLURIBUS UNUM” (Out of many, one).
Edge
The coin has a reeded edge, which adds a textured design and helps it stand out.
Specifications of the 1918 Illinois Centennial Half Dollar
Below is a table summarizing the key specifications of the 1918 Illinois Centennial Half Dollar:
| Attribute | Details |
|---|---|
| Country of Origin | United States |
| Year of Issue | 1918 |
| Denomination | Half Dollar (50 cents) |
| Mintmark | None (struck at Philadelphia Mint) |
| Number of Coins Produced | 100,000 |
| Composition | 90% Silver, 10% Copper |
| Weight | 12.5 grams |
| Diameter | 30.6 mm |
| Edge | Reeded |
| Designers | George T. Morgan (Obverse), John Sinnock (Reverse) |
| Minting Quality | Business Strike |
Value and Market Trends of the 1918 Illinois Centennial Half Dollar
The 1918 Illinois Centennial Half Dollar has remained a valuable item for collectors due to its limited mintage and historical importance. The coin’s value is primarily based on its condition, with uncirculated examples fetching higher prices.
Current Market Value
| Coin Condition | Price Range |
|---|---|
| Uncirculated | $150 to $1,000 |
| PCGS MS68 | Can sell for over $14,000 |
| GEM BU or AU | $150 to $500 |
Highest Prices
Coins graded at PCGS MS68 have sold for as high as $14,375, especially for those with desirable toning.
Lower Grades
Coins in lower grades such as GEM BU or AU are generally priced between $150 and $500, depending on their specific condition.
Conclusion
The 1918 Illinois Centennial Half Dollar is a remarkable coin that celebrates Illinois’ rich history and its 100th anniversary of statehood. With its unique design and limited mintage, the coin continues to be a sought-after item for collectors. Whether you are an experienced coin collector or just starting, this coin offers both historical value and the potential for significant financial return. Its growing market value and place in U.S. coin history ensure that the 1918 Illinois Centennial Half Dollar will remain a prized possession for years to come.
FAQ’s
What is the 1918 Illinois Centennial Half Dollar?
It’s a commemorative coin issued to celebrate Illinois’ 100th anniversary of becoming a state, featuring Abraham Lincoln and an eagle on the design.
How much is the 1918 Illinois Centennial Half Dollar worth?
The coin’s value depends on its condition. It can range from $150 to over $14,000 for higher-quality examples.
How many 1918 Illinois Centennial Half Dollars were minted?
Only 100,000 coins were produced, making it a rare and valuable item for collectors.