1928 50C Hawaiian, Matte (Proof)

Series: Silver Commemoratives

PCGS PR64

PCGS PR64

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PCGS PR63

PCGS PR63

PCGS #:
9310
Designer:
Juliette May Fraser & Chester Beach
Edge:
Reeded
Diameter:
30.60 millimeters
Weight:
12.50 grams
Mintage:
50
Mint:
Philadelphia
Metal:
90% Silver, 10% Copper
Major Varieties

Current Auctions - PCGS Graded
Current Auctions - NGC Graded
For Sale Now at Collectors Corner - PCGS Graded
For Sale Now at Collectors Corner - NGC Graded

Rarity and Survival Estimates Learn More

Grades Survival
Estimate
Numismatic
Rarity
Relative Rarity
By Type
Relative Rarity
By Series
All Grades 50 R-8.5 1 / 1 1 / 1
60 or Better 50 R-8.5 1 / 1 1 / 1
65 or Better 10 R-9.5 1 / 1 1 / 1
Survival Estimate
All Grades 50
60 or Better 50
65 or Better 10
Numismatic Rarity
All Grades R-8.5
60 or Better R-8.5
65 or Better R-9.5
Relative Rarity By Type All Specs in this Type
All Grades 1 / 1
60 or Better 1 / 1
65 or Better 1 / 1
Relative Rarity By Series All Specs in this Series
All Grades 1 / 1
60 or Better 1 / 1
65 or Better 1 / 1

Condition Census What Is This?

Pos Grade Image Pedigree and History
1 PCGS PR64

Heritage Auctions, February 2002, Lot 6270. NGC PF63 #1633636-001. Heritage Auctions, January 2004, Lot 3003 - $13,225. As PCGS PR64 #50467787. Heritage Auctions, April 30, 2025, Lot 3387 - $48,000; Heritage Auctions, January 14, 2026, Lot 3166 - $46,360Steel grey color. Small dark toning spot behind Cook's shoulder.

1 PCGS PR64

Calvin Coolidge; John Coolidge; French’s, November 1973, Lot 108 – $2,800; Private Collector; Superior, January 1979, Lot 1087; Stack’s, July 1979, Lot 673; As PCGS PR64 #03759255. “The Richard Leichtung Collection,” Heritage Auctions, January 12, 2002, Lot 8752 – $33,350. Coolidge on insert; PCGS PR64 #21672091. “The JFS Collection, Part Two,” Heritage Auctions, August 18, 2004, Lot 4270 – $25,300. As PCGS PR64 CAC #50152096. Heritage Auctions, January 21, 2021, Lot 4128 – $60,000. Reportedly, the 21st Proof struck. Toning spot to the right of the compass rose. Toning spot just below the corner of Cook's eye.

1 PCGS PR64

Heritage Auctions, February 20, 2020, Lot 3436 – $52,200. Lightly colored area in the upper left obverse field. Small tick near the border at 3 o'clock. On the reverse, there is a small toning spot near the border at 5 o'clock.

1 PCGS PR64

American Numismatic Rarities, June 23, 2005, Lot 1608 - $22,000; American Numismatic Rarities, January 3, 2006, Lot 1201 - $26,000.

1 PCGS PR64
1 PCGS PR64
1 PCGS PR64

Edward L. Caum; “Wes Rasmussen Sale,” Superior 1998, Lot 3071 – $24,000; Heritage Auctions, February 11, 2000, Lot 5769 – $21,850. Coin #48. Dappled toning, primarily limited to the obverse left. Slightly darker coloration along the lower reverse borders.

1 PCGS PR64
9 PCGS PR63

Dr. Herbert E. Gregory, Captain Cook Sesquicentennial Commission member, January 3, 1938; K.G. Schram; As PCGS PR63 #48845289. Stack’s Bowers, March 26, 2024, Lot 4402 – $38,400. The obverse and reverse are dappled with pinsized toning spots.

9 PCGS PR63

John Dean Coin Co., 1972; Chattanooga Coin Company, 1973; Chattanooga Coin Company to James N. Anthony, via private treaty sale; Heritage Auctions, November 17, 2000, Lot 6196 – $15,525; Heritage Auctions, October 25, 2006, Lot 1798 – $21,850. Tick below A of STATES.

11 PCGS PR62

Goldberg Auctioneers, February 19, 2002, Lot 1658 – $12,650. Patches of dark lilac grey toning dominates the upper right quadrant of the coin’s obverse. Scattered goldenrod toning throughout the obverse and reverse.

#1 PCGS PR64

Heritage Auctions, February 2002, Lot 6270. NGC PF63 #1633636-001. Heritage Auctions, January 2004, Lot 3003 - $13,225. As PCGS PR64 #50467787. Heritage Auctions, April 30, 2025, Lot 3387 - $48,000; Heritage Auctions, January 14, 2026, Lot 3166 - $46,360Steel grey color. Small dark toning spot behind Cook's shoulder.

#1 PCGS PR64

Calvin Coolidge; John Coolidge; French’s, November 1973, Lot 108 – $2,800; Private Collector; Superior, January 1979, Lot 1087; Stack’s, July 1979, Lot 673; As PCGS PR64 #03759255. “The Richard Leichtung Collection,” Heritage Auctions, January 12, 2002, Lot 8752 – $33,350. Coolidge on insert; PCGS PR64 #21672091. “The JFS Collection, Part Two,” Heritage Auctions, August 18, 2004, Lot 4270 – $25,300. As PCGS PR64 CAC #50152096. Heritage Auctions, January 21, 2021, Lot 4128 – $60,000. Reportedly, the 21st Proof struck. Toning spot to the right of the compass rose. Toning spot just below the corner of Cook's eye.

#1 PCGS PR64

Heritage Auctions, February 20, 2020, Lot 3436 – $52,200. Lightly colored area in the upper left obverse field. Small tick near the border at 3 o'clock. On the reverse, there is a small toning spot near the border at 5 o'clock.

#1 PCGS PR64

American Numismatic Rarities, June 23, 2005, Lot 1608 - $22,000; American Numismatic Rarities, January 3, 2006, Lot 1201 - $26,000.

#1 PCGS PR64
#1 PCGS PR64
#1 PCGS PR64

Edward L. Caum; “Wes Rasmussen Sale,” Superior 1998, Lot 3071 – $24,000; Heritage Auctions, February 11, 2000, Lot 5769 – $21,850. Coin #48. Dappled toning, primarily limited to the obverse left. Slightly darker coloration along the lower reverse borders.

#1 PCGS PR64
#9 PCGS PR63

Dr. Herbert E. Gregory, Captain Cook Sesquicentennial Commission member, January 3, 1938; K.G. Schram; As PCGS PR63 #48845289. Stack’s Bowers, March 26, 2024, Lot 4402 – $38,400. The obverse and reverse are dappled with pinsized toning spots.

#9 PCGS PR63

John Dean Coin Co., 1972; Chattanooga Coin Company, 1973; Chattanooga Coin Company to James N. Anthony, via private treaty sale; Heritage Auctions, November 17, 2000, Lot 6196 – $15,525; Heritage Auctions, October 25, 2006, Lot 1798 – $21,850. Tick below A of STATES.

#11 PCGS PR62

Goldberg Auctioneers, February 19, 2002, Lot 1658 – $12,650. Patches of dark lilac grey toning dominates the upper right quadrant of the coin’s obverse. Scattered goldenrod toning throughout the obverse and reverse.

Charles Morgan:

1928 Hawaiian Sesquicentennial Half Dollars : A Providencial Mystery

The Philadelphia Mint struck 50 sandblast Proof 1928 Hawaiian Sesquicentennial Half Dollars (#9310). These coins were distributed to a select group of VIPs and organizations. Unfortunately, the chain of ownership for most of these pieces has been lost to time. A total of 12 examples are reported in the PCGS Population Report, yet only three coins can be traced to their original recipient.

In the list below, bolded names represent individuals whose specific specimens have appeared in the numismatic market with confirmed PCGS pedigrees.

  1. Edgar Henriques, Executive Secretary
  2. Bruce Cartwright, Commissioner
  3. Dr. Herbert E. Gregory, Commissioner (PCGS PR63 #48845289)
  4. Bishop H.B. Restarick, Commissioner
  5. Col C.P. Iaukea, Commissioner
  6. Professor Ralph S. Kuykendall
  7. Juliett Mae Fraser
  8. Honorable Wallace R. Farrington
  9. Marie von Holt
  10. [one missing from the Top 10, 11-50 are listed in the correct order]
  11. Hawaiian Historical Society
  12. Bernice Pauahi Bishop Museum
  13. Hon. Gerald H. Phipps
  14. Archives of Hawaii
  15. B.C. Stewart
  16. United States National Museum
  17. British Admiralty
  18. Rt. Hon. S.M. Bruce
  19. Hon. T.R. Bavin
  20. British Museum
  21. President Calvin Coolidge (PCGS PR64 #50152096)
  22. King George V of England
  23. Lord Sandwich
  24. Secretary of the Treasury Mellon
  25. Rear-Admiral George S. Marvell, U.S.N.
  26. Major General Fox Conner, U.S.A.
  27. American Numismatic Association
  28. Capt. Leveson-Gower, R.N. D.S.O.
  29. Capt Gerald Cartwell Harrison
  30. Commodore Swabey
  31. Capt. John Greenslade
  32. Hon. Dwight Davis, Secretary of War, U.S.A
  33. Sir Joseph Carruthers
  34. Sir Henry Newbolt
  35. Prof. Frank A. Golder
  36. Judge F.W. Howay
  37. Verne Blue
  38. Kauai Historical Society
  39. James A. Wilder
  40. Hon. Lawrence N. Judd, grandson of Dr. Gerrit P. Judge, early settler and Albert Francis Judd, Chief Justice of the Hawaiian Supreme Court during the reigns of Kalakaua and Queen Liliuokalani (PCGS PR61)
  41. Mr. Theodore B. Pitman
  42. Dr. Peter H. Buck
  43. Hon. Maurice Cohen
  44. Rt. Hon J.G. Coates
  45. National Museum Wellington, New Zealand
  46. Hon. John C. Lane
  47. American Numismatic Society
  48. Edward L. Caum, Honolulu resident (PCGS PR64)
  49. J. Frank Woods
  50. Hon. Victor S.K. Houston

The Houston Influence on Design

Hon. Victor S.K. Houston was far more than a VIP recipient; he was a primary driver of the coin's final aesthetic. Houston maintained a rigorous correspondence with sculptor Chester Beach, issuing a series of specific demands to ensure cultural and botanical accuracy. His requirements focused on:

  • The Coconut Palm: Ensuring the fronds and trunk were characteristic of Hawaiian species.
  • The Chieftain’s Attire: Demanding precision in the rendering of the feather cape ('ahu 'ula) and the traditional anklets.

Historical evidence of this collaboration surfaced in the 2009 Bowers & Merena Philadelphia Americana Sale (Lot 4499), which featured Beach’s personal files and original letters. These documents confirm that the coin’s celebrated design was the result of significant pressure from Houston to move away from generic "tropical" motifs toward authentic Hawaiian iconography.

* * *

David Hall:

Of the 10,008 Hawaiian commemorative half dollars originally struck (8 for assay and 10,000 for distribution), 50 were struck as matte proofs. These are true proofs with much sharper detail than on the regular strikes. However, the matte surfaces are an aquired taste and many collectors at the time of issue did not like the subdued appearances of these special strikes.

Today, it's estimated that all 50 of the original matte proofs survive. Many of these survivors are in lower proof grades, i.e. PR61 to PR63. PR64s and PR65s are rare and highly prized by sophisticated commemorative collectors.