-40%

1946 WALKING LIBERTY Half Dollar Bald Eagle United States Silver Coin i44668

$ 63.35

Availability: 69 in stock
  • Composition: Silver
  • Mint Location: San Francisco
  • Denomination: Denomination_in_description
  • Year: 1946
  • Certification: Uncertified
  • Circulated/Uncirculated: Circulated

    Description

    Item:
    i44668
    Authentic Coin of:
    United States of America
    Walking Liberty Half Dollar
    Silver Half Dollar 30mm This coin is 90% silver, and 10% copper.
    LIBERTY IN GOD WE TRUST
    1946
    ,
    Lady Liberty
    , the folds of the Stars and Stripes flying to the breeze as a background, progressing in full stride toward the dawn of a new day, carrying branches of laurel and oak, symbolical of civil and military glory. The hand of the figure is outstretched in bestowal of the spirit of liberty.
    UNITED STATES OF AMERICA HALF DOLLAR,  a bald
    eagle perched high upon a mountain crag, his wings unfolded, fearless in spirit and conscious of his power. Springing from a rift in the rock is a sapling of mountain pine, symbolical of America
    ; E PLURIBUS UNUM "out of many, one" in field to left.
    A beautiful coin illustrating true U.S. Constitutional currency which defined the dollar as a quantity of silver. What is interesting to note is that United States of America coins, which were dimes, quarters, half dollars and dollars were made of silver until 1964 as per the mandate of the 1792 Coinage Act. The advantage of currency backed by precious metals being a medium of exchange that maintains and perhaps even gains buying power over time. There was little or no inflation when the ideals of the founding fathers were followed. The idea of paper money was a piece of paper which was exchangeable for coins at any time. It allowed you to easily transport your money without having to carry the weight of the gold silver and non-precious metal USA coins.
    Article I, Section. 10 of U.S. Constitution
    "No State shall enter into any Treaty, Alliance, or Confederation; grant Letters of Marque and Reprisal; coin Money; emit Bills of Credit; make any Thing but gold and silver Coin as Tender in Payment of Debts; pass any Bill of Attainder, ex post facto Law, or Law impairing the Obligation of Contracts, or grant any Title of Nobility."
    It is also interesting to note that silver is an industrial metal and supplies are being used up at rapid rates. Silver coins were placed in jugs of water as per it's anti-microbial properties. Also when cows were milked, many used or still use silver pails to catch the milk. Silver is also used in electronics as it is non-corrosive. Another interesting thing was that at times in history, American people were actually able to bring their silver to the U.S. mint and get silver coins in exchange.
    The great idea of money is for it to be plentiful to allow for easy exchange. You see, contrary to popular belief, US money, even with the 1792 Coinage Act did have what may be described as fiat, or coins of non-precious metal. The 1 Cent or Penny Coins were made of copper and the 5 Cent or Nickel coins were made of nickel. However, the brilliant thing is that the copper and nickel coins were exchangeable for silver and gold coins. So because of this, there was gold and silver backing, in effect for the copper and nickel coins. So the amazing thing is that there was plentiful money, which was issued constantly and did not bear any interest for it's use.
    So in conclusion, money is an interesting topic of discussion and study. It can both free and enslave and there is a lot of good in all types of systems. What is also amazing is that the money of the United States has the words "In God We Trust". This makes this phrase the most written phrase in existence. The more we love people and use money as a tool for their benefit, the better the world is becoming. We live in an amazing time and world where we are connected via the internet and where the best ideas are winning.
    Two great documentary films to watch on this topic is Money Masters and The Secret of Oz.
    You are bidding on the exact item pictured, provided with a Certificate of Authenticity and Lifetime Guarantee of Authenticity.
    The
    Walking Liberty half dollar
    was a
    silver
    50-cent piece or
    half dollar
    coin
    issued by the
    United States Mint
    from 1916 to 1947; it was designed by
    Adolph A. Weinman
    .
    In 1915, the new Mint Director,
    Robert W. Woolley
    , came to believe that he was not only allowed but required by law to replace coin designs that had been in use for 25 years. He therefore began the process of replacing the
    Barber coinage
    :
    dimes
    ,
    quarters
    and half dollars, all bearing similar designs by long-time Mint Engraver
    Charles E. Barber
    , and first struck in 1892. Woolley had the
    Commission of Fine Arts
    conduct a competition, as a result of which Weinman was selected to design
    the dime
    and half dollar.
    Weinman's design of Liberty striding towards the Sun for the half dollar proved difficult to perfect, and
    Treasury Secretary
    William G. McAdoo
    , whose department included the Mint, considered having Barber create his own design. Mint officials were successful in getting Weinman's design into production, although it never struck very well, which may have been a factor in its replacement by the
    Franklin half dollar
    beginning in 1948. Nevertheless, art historian
    Cornelius Vermeule
    considered the piece to be among the most beautiful US coins. Since 1986, a modification of Weinman's
    obverse
    design has been used for the
    American Silver Eagle
    .
    Goddesses named for and representing the concept
    Liberty
    have existed in many cultures, including classical examples dating from the
    Roman Empire
    and some national symbols such as the
    British
    "
    Britannia
    " or the
    Irish
    "
    Kathleen Ni Houlihan
    ".
    Classical examples
    The
    ancient Roman
    goddess
    Libertas
    was honored during the
    second Punic War
    by a temple erected on the
    Aventine Hill
    in
    Rome
    by the father of
    Tiberius Gracchus
    . A statue in her honor was also raised by
    Clodius
    on the site of
    Marcus Tullius Cicero
    's house after it had been razed. The figure also resembles Sol Invictus, the Roman god of sun.
    Neoclassical references
    In 1793, during the
    French Revolution
    , the
    Notre Dame de Paris
    cathedral
    was turned into a "
    Cult of Reason
    " and for a time "Lady Liberty" replaced the
    Virgin Mary
    on several altars.
    National embodiments of Liberty include
    Britannia
    in the
    United Kingdom
    , "
    Liberty Enlightening the World
    ," commonly known as the
    Statue of Liberty
    in the
    United States of America
    , and
    Marianne
    in
    France
    .
    Embodiments of the goddess Liberty in the
    United States of America
    include
    Columbia
    , which is yet another
    personification
    of the goddess Liberty.
    The
    bald eagle
    (
    Haliaeetus leucocephalus
    , from Greek
    hali-
    = sea,
    aiētos
    =
    eagle
    ,
    leuco-
    = white,
    cephalos
    = head) is a
    bird of prey
    found in North America. A
    sea eagle
    , it has two known sub-species and forms a
    species pair
    with the
    white-tailed eagle
    (
    Haliaeetus albicilla
    ). Its range includes most of Canada and Alaska, all of the
    contiguous United States
    , and northern Mexico. It is found near large bodies of open water with an abundant food supply and old-growth trees for nesting.
    The bald eagle is an opportunistic feeder which subsists mainly on
    fish
    , which it swoops down and snatches from the water with its talons. It builds the largest
    nest
    of any North American bird and the largest tree nests ever recorded for any animal species, up to 4 m (13 ft) deep, 2.5 m (8.2 ft) wide, and 1
    metric ton
    (1.1
    short tons
    ) in weight.
    Sexual maturity
    is attained at the age of four to five years.
    Bald eagles are not actually
    bald
    ; the name derives from an older meaning of "white headed". The adult is mainly brown with a white head and tail. The sexes are identical in
    plumage
    , but females are about 25 percent larger than males. The
    beak
    is large and hooked. The plumage of the immature is brown.
    The bald eagle is both the
    national bird
    and
    national animal
    of the United States of America. The bald eagle appears on its
    Seal
    . In the late 20th century it was on the brink of
    extirpation
    in the continental United States. Populations recovered and the species was removed from the
    U.S. federal government's
    list of
    endangered species
    on July 12, 1995 and transferred to the list of
    threatened species
    . It was removed from the List of Endangered and Threatened Wildlife in the
    Lower 48
    States on June 28, 2007.
    The
    Coinage Act
    or the
    Mint Act
    , passed by the
    United States Congress
    on April 2, 1792, established the
    United States Mint
    and regulated the coinage of the United States. The long title of the legislation is
    An act establishing a mint, and regulating the Coins of the United States
    . This act established the silver
    dollar
    as the unit of money in the United States, declared it to be lawful tender, and created a
    decimal
    system for U.S. currency.
    By the Act, the Mint was to be situated at the
    seat of government
    of the United States. The five original officers of the U.S. Mint were a Director, an Assayer, a Chief Coiner, an Engraver, and a
    Treasurer
    (not the same as the
    Secretary of the Treasury
    ). The Act allowed that one person could perform the functions of Chief Coiner and Engraver. The Assayer, Chief Coiner and Treasurer were required to post a ,000 bond with the Secretary of the Treasury.
    Although some of the provisions in the 1792 Coinage Act were adjusted as time went by, the majority of the rules specified in this Act remained in effect for many decades. Essentially, it provided the basic framework on which all subsequent coinage production was based. While the first draft of the Act stipulated that all coins would employ a portrait of the president on the obverse, the final version called for an image emblematic of liberty. The Act also authorized construction of a
    mint building in Philadelphia
    , the nation's capital. This was the first federal building erected under the
    United States Constitution
    . Mint director
    David Rittenhouse
    laid the building's
    cornerstone
    on July 31.
    On May 8, 1792
    An Act to Provide For a Copper Coinage
    was signed into law by President
    George Washington
    . This legislation resulted in the birth of the copper cent, from which descends today's one cent piece. The Act also stipulated that "the director of the mint... be authorized to contract for and purchase a quantity of copper, not exceeding one hundred and fifty tons... to be coined at the mint into cents and half-cents... and be paid into the treasury of the United States, thence to issue into circulation." Furthermore, "no copper coins or pieces whatsoever except the said cents and half-cents, shall pass current as money, or shall be paid, or offered to be paid or received in payment for any debt, demand, claims, matter or thing whatsoever."
    Effects
    Merchants and bankers were reluctant to bring silver bullion to the Mint because the disclosure of the illegal silver standard that was previously in effect. The silver coinage of 1794 and 1795 employed a 0.900 fine standard instead of the 0.8924+ standard (317.25/416=0.89242788461) as prescribed in the Mint Act of April 2, 1792 (Heritage Coin Auction #390, Vol III, p. 117). The most immediate effect of this practice was that depositors ended up paying an addition 2.5 grams of silver bullion (about 10% extra) for every dollar they received (Taxay, 1966, p. 89). When this became widely known, bullion deposits brought to the mint declined significantly in 1796 and 1797.
    Authorization and free coinage
    The Act authorized production of the following coins:
    Eagles

    247
    4
    /
    8
    grain
    (16.0 g) pure or 270 grain (17.5 g) standard
    gold
    Half Eagles

    123
    6
    /
    8
    grain (8.02 g) pure or 135 grain (8.75 g) standard gold
    Quarter Eagles
    .50
    61
    7
    /
    8
    grain (4.01 g) pure or 67
    4
    /
    8
    grain (4.37 g) standard gold
    Dollars
    or Units

    371
    4
    /
    16
    grain (24.1 g) pure or 416 grain (27.0 g) standard
    silver
    Half Dollars
    {{detail_product_description}}.50
    185
    10
    /
    16
    grain (12.0 g) pure or 208 grain (13.5 g) standard silver
    Quarter Dollars
    {{detail_product_description}}.25
    92
    13
    /
    16
    grain (6.01 g) pure or 104 grains (6.74 g) standard silver
    Disme
    {{detail_product_description}}.10
    37
    2
    /
    16
    grain (2.41 g) pure or 41
    3
    /
    5
    grain (2.70 g) standard silver
    Half Disme
    {{detail_product_description}}.05
    18
    9
    /
    16
    grain (1.20 g) pure or 20
    4
    /
    5
    grain (1.35 g) standard silver
    Cents
    {{detail_product_description}}.01
    11
    pennyweights
    (17.1 g) of
    copper
    Half Cents
    {{detail_product_description}}.005
    5
    1
    /
    2
    pennyweights (8.55 g) of copper
    The coins were to contain the following markings:
    One side was to have an impression emblematic of liberty, with the inscription "Liberty", and the year of the coinage.
    The reverse side of each of the gold and silver coins was to have the figure or representation of an eagle with the inscription "U
    NITED
    S
    TATES OF
    A
    MERICA
    ."
    The reverse of the copper coins was to have an inscription expressing the denomination.
    The Act defined the proportional value of gold and silver as 15 units of pure silver to 1 unit of pure gold. Standard gold was defined as 11 parts pure gold to one part alloy composed of silver and copper. Standard silver was defined as 1485 parts pure silver to 179 parts copper alloy. The Act also specified the dollar as the "money of account" of the United States, and directed that all accounts of the federal government be kept in dollars, "
    dismes
    ",
    cents
    , and "
    milles
    ", a mille being one-tenth of a cent or one-thousandth of a dollar. The silver content of a dollar under this act was almost exactly equal to
    1
    /
    5
    of the silver content of the contemporary British
    pound sterling
    , or 4 British shillings.
    Under
    Sec.14
    , any person could bring gold or silver bullion and have it coined free of charge, or later for a small fee, exchange it immediately for an equivalent value of coin. The paragraph summary states: "Persons may bring gold and silver bullion, to be coined free of expense;"
    Quality control
    measures were implemented in that from each separate mass of gold or silver used to produce coins, three coins were set aside by the treasurer. Each year on the last Monday in July, under the inspection of the
    Chief Justice
    , the Secretary and Comptroller of the Treasury, the
    Secretary of State
    , and the
    Attorney General
    , the coins were to be
    assayed
    and if the coins did not meet established standards, the officers were disqualified from office. The meetings later became formalized as the
    United States Assay Commission
    , which continued meeting until it was disbanded in 1980.
    Section 19 of the Act established a penalty of death for debasing the gold or silver coins authorized by the Act, or embezzlement of the metals for those coins, by officers or employees of the mint; this section of the Act apparently remains in effect and would, in theory, continue to apply in the case of "any of the gold or silver coins which shall be struck or coined at the said mint." (At present the only gold or silver coins struck by the US mint are the
    American Silver Eagle
    and the
    American Gold Eagle
    coins, some
    Proof coinage
    at the
    San Francisco Mint
    , such as the silver
    US State Quarters
    , and much of the
    Commemorative coinage of the United States
    .) All other sections of the act have been superseded, as for example the
    Coinage Act of 1834
    changing the silver-to-gold weight ratio. Various acts have subsequently been passed affecting the amount and type of metal in U. S. coins, so that today there is no legal definition of the term "dollar" to be found in U. S. statute. Current statutes regulating coinage in the United States may be found in
    Title 31 of the United States Code
    .
    See also
    Coinage Act of 1834
    Coinage Act of 1849
    Coinage Act of 1857
    Coinage Act of 1864
    Coinage Act of 1873
    Coinage Act of 1965
    Mill (currency)
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