The Albany commemorative half dollar was struck to commemorate the 250th anniversary of the granting of a charter to the city of Albany, NY.
- Contains .3617 oz of Silver.
- PCGS encapsulation guarantees the MS-65 condition.
- Obverse: Shows Governor Thomas Dongan, Peter Schuyler and Robert Livingston.
- Reverse: Depicts a beaver gnawing on a maple branch.
Protect and display your Albany, New York Half Dollar Silver Commem in style by adding an attractive display or gift box to your order.
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This coin's obverse has long been disputed, though its designer Gertrude K. Lathrop stated that the side with the beaver is the coins obverse. The American Beaver was so common in 17th century Albany, that trapping them for their pelts was the main industry in that area. The Albany commemorative was minted for local pride and to help fund the local celebrations in 1936 which featured a live beaver, then an endangered species.
These coins were originally sold for $2 each. The committee went on to sell these coins for another 7 years refusing to reduce the original issue price. After sales had virtually ceased, the remaining unsold coins were then returned to the mint and melted.