PCGS: The Standard for the Rare Coin Industry

1923-S 50C Monroe (Regular Strike)

Series: Silver Commemoratives

PCGS MS67+

PCGS MS67+

PCGS MS67

PCGS MS67

PCGS MS67

PCGS MS67

PCGS #:
9333
Designer:
Chester Beach
Edge:
Reeded
Diameter:
30.60 millimeters
Weight:
12.50 grams
Mintage:
274,077
Metal:
90% Silver, 10% Copper
Major Varieties

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Rarity and Survival Estimates Learn More

Grades Survival
Estimate
Numismatic
Rarity
Relative Rarity
By Type
Relative Rarity
By Series
All Grades 122,500 R-1.9 135 / 144 TIE 135 / 144 TIE
60 or Better 60,000 R-2.4 130 / 144 TIE 130 / 144 TIE
65 or Better 5,500 R-3.9 93 / 144 TIE 93 / 144 TIE
Survival Estimate
All Grades 122,500
60 or Better 60,000
65 or Better 5,500
Numismatic Rarity
All Grades R-1.9
60 or Better R-2.4
65 or Better R-3.9
Relative Rarity By Type All Specs in this Type
All Grades 135 / 144 TIE
60 or Better 130 / 144 TIE
65 or Better 93 / 144 TIE
Relative Rarity By Series All Specs in this Series
All Grades 135 / 144 TIE
60 or Better 130 / 144 TIE
65 or Better 93 / 144 TIE

Condition Census What Is This?

Pos Grade Image Pedigree and History
1 MS67+ PCGS grade  
	MS67+ PCGS grade

J&L Collection (PCGS Set Registry)

2 MS67 PCGS grade

Hidden Liberty II Collection

2 MS67 PCGS grade
2 MS67 PCGS grade  
	MS67 PCGS grade

J&L Collection (PCGS Set Registry)

2 MS67 PCGS grade
2 MS67 PCGS grade
2 MS67 PCGS grade
8 MS66+ PCGS grade
8 MS66+ PCGS grade
8 MS66+ PCGS grade
 
	MS67+ PCGS grade 
#1 MS67+ PCGS grade

J&L Collection (PCGS Set Registry)

#2 MS67 PCGS grade

Hidden Liberty II Collection

#2 MS67 PCGS grade
 
	MS67 PCGS grade 
#2 MS67 PCGS grade

J&L Collection (PCGS Set Registry)

#2 MS67 PCGS grade
#2 MS67 PCGS grade
#2 MS67 PCGS grade
#8 MS66+ PCGS grade
#8 MS66+ PCGS grade
#8 MS66+ PCGS grade
David Hall:

The original mintage of the 1923-S Monroe half dollar was very large by commemorative standards as 274, 077 coins were minted and sold to the public at $1.00 per coin. There were so many of them that they initially had little value over their face value and many were spent during the 1930s. Consequently, today the Monroe is one of the silver commemoratives that can be found readily in circulated grades. But interestingly, the Monroe is relatively rare in Gem MS65 or better condition. During the early 1970s, the Monroe was one of the least expensive silver commemoratives and I remember very nice mint state coins being available for $20 to $25. But today, the Monroe's rarity in MS65 or better condition is no longer a secret and these Gem specimens are among the more expensive in the silver commemorative series.

The typical Monroe can grade anywhere from AU to MS64. MS65 examples are very scarce and Superb Gem MS66 specimens are definitely rare. The design of the Monroe is very flat. This leads to problems with strike and also attracts numersous handling marks and abraisions. A well struck, mark-free Monroe is definitely a premium rarity for a silver commemorative. Luster can be very frosty and of course toning can be present in varying degrees.