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The Franklin Mint 1986 Silver Statue of Liberty 100th Anniversary Proof S - Coin Set w/ Box

Known as the ‘Gateway to America’, Ellis Island and the Statue of Liberty are intertwined with the history of the United States. A nation of immigrants, this coin helps commemorate the history of that island and the statue that sits so proudly upon it. Struck in 90% silver, both coins celebrate the 100th anniversary of the dedication of the Statue of Liberty back in 1986. The two coins come in a handsome, windowed display box with a certificate of authenticity to display for all to see.

Coin Set Includes

  • 1986 Statue of Liberty 100th anniversary silver dollar coin with grading case
  • 1986 Statue of Liberty 100th anniversary half dollar coin with grading case
  • Certificate of authenticity
  • Wooden window box

Silver Dollar Specifications

  • Coin Type: Silver dollar
  • Coin Grade: Proof
  • Denomination: One dollar
  • Diameter: 38.1mm
  • Mint Mark: Random
  • Mintage Year(s): 1986-present
  • Purity of Silver: 0.99%
  • Obverse: The obverse of the silver dollar features a view of the Statue of Liberty with the main building of Ellis Island in the background. The inscriptions include "Liberty", "Ellis Island", "Gateway to America", "In God We Trust", and the date.
  • Reverse: Features the statue's hand with a lit torch are depicted with the concluding words of Emma Lazarus's poem The New Colossus. These words are engraved on a bronze plaque mounted inside the statue. The reverse inscriptions include "United States of America", the famous words "Give me your tired, your poor, your huddled masses yearning to breath free", the motto "E Pluribus Unum", and the denomination "One Dollar".

Half Dollar Specifications

  • Coin Type: Half dollar
  • Coin Grade: Proof
  • Denomination: 50 cents
  • Diameter: 30.61mm
  • Mint Mark: Random
  • Mintage Year(s): 1986-present
  • Purity of Silver: 0.99%
  • Obverse: The obverse of the coin depicts a ship of immigrants entering New York Harbor. The skyline is circa 1913, with an image of the Statue of Liberty in the foreground and a rising sun in the background. The inscriptions include "Liberty", "In God We Trust", and the date "1986".
  • Reverse: The reverse of the coin features a family of immigrants witnessing a view of America from a pier or wharf at Ellis Island. The inscriptions read "United States of America", "A Nation of Immigrants", "E Pluribus Unum", and the denomination "Half Dollar".

Display Box Dimensions: 6-1/4"L x 4-1/4"W x 1-1/2"H

Distributed by The Franklin Mint.

Coin Glossary:

Die: An engraved piece of metal used to stamp a design on a coin.

Die crack: A small, raised imperfection on a coin resulting from a crack in the stamping die.

Early release: The Numismatic Guaranty Corporation (NGC) uses this designation for U.S. Bullion Coins during the first month of release from the U.S. Mint. To qualify for Early Release designation, NGC must receive the coins within 30 days of their release by the US Mint or properly documented as being received by an NGC approved entity within the same 30-day release period.

Encapsulated coin: A coin graded and authenticated by a professional coin service, then sealed in plastic.

Field: The typically flat area surrounding the relief and not used for legend or inscription.

Legal tender: Official money issued by the government.

Legend: The coin's primary lettering.

Lettered edge: An inscription added to the edge of a coin.

Luster: The quality of the surface brilliance on a Mint State or Uncirculated coin.

Mercury dime: Issued from 1916 to 1945, this U.S. dime featured a representation of Liberty in a winged hat that was commonly mistaken for the ancient god, Mercury.

Mint: A government controlled coin production facility.

Mint mark: A small letter stamped on a coin that indicates its mint origin, ex. "D" for Denver.

Mint Set: One coin from each of the available denominations in a particular year, produced by a single mint and made for circulation.

Mint State (Uncirculated): A regular production coin never used in trade and existing in its original condition.

Mintage: The number of coins produced.

NGC: Numismatic Guaranty Corporation.

Numismatics: The collection and study of monetary objects such as coins and paper bills.

Obverse: Heads, or a coin's front side.

Patina: Surface discoloration, typically green or brown, caused by oxidation over time.

PCGS: Professional Coin Grading Service.

Planchet: A blank metal piece used to produce a coin.

Proof: Expertly polished planchets and dies produce these coins which feature an extremely high quality strike, resulting in unmatched detail and brilliant surface finish.

Reeded edge: A coin edge finish featuring parallel vertical grooves all the way around.

Relief: The raised portion of a stamped design that sits above the coin's field.

Reverse: Tails, or coin's back side.

Rim: The raised ring around the perimeter of a coin designed to reduce wear on the relief.

Strike: The act of stamping a coin.

Truncation: The bottom edge of a portrait or bust.

Wheat penny: Lincoln cents issued from 1909 to 1958 bearing the wheat ear design on the reverse.

Franklin Half-Dollar:
Three years after the end of World War II, the United States Mint announced intentions to replace the aging Liberty Walking half-dollar design with a brand new motif featuring a likeness of noted American inventor, philosopher, and statesman, Benjamin Franklin. Treasury Secretary John Snyder had hopes that Franklin's virtues of thrift and financial responsibility might be included among the many themes celebrated and commemorated by the coin's design. The United States Mint produced the coin until 1963, when special legislation replaced it with the Kennedy Half-Dollar.

Franklin's image on the obverse of coin was created by John R. Sinnock, who was also responsible for Franklin Roosevelt's portrait on the obverse of the 1946 dime. For the reverse of the Franklin half dollar, the Mint chose another icon from America's founding era, the Liberty Bell. However, a problem arose in the design as, according to established law, a representation of an eagle must be present on all silver coins with denominations greater than one dime. U.S. Mint sculptor, Gilroy Roberts, added a small eagle to the left of the Liberty Bell on Sinnock's design in order to comply with the requirement.

Kennedy Half-Dollar:
Following the tragic events of November 22, 1963, the United States Mint, at the behest of the newly sworn President Lyndon Johnson, began designing a coin for circulation that would feature the image of President John F. Kennedy. An influx of letters from the public to the Mint suggested that a significant portion of the grieving American citizenry agreed with the idea of honoring the late thirty-fifth President. The White House proposed the new coin be of half-dollar denomination and Congress swiftly passed the appropriate legislation to fast track production.

The Chief Engraver of the United States Mint at the time, Gilroy Roberts, created the now famous, commanding bust of President John F. Kennedy, which appears on the obverse of the coin. The reverse of the coin features U.S. Mint Engraver Frank Gasparro's slightly modified version of the official Presidential Seal. The new half-dollar coin became a part of the nation's circulating coinage starting in 1964 and remains so to the present. The only major change in design over the past 46 years came in 1976 when the United States celebrated its bicentennial. Just for that year, the reverse displayed an image of Independence Hall in Philadelphia and the obverse featured a dual date of 1776 - 1976. The original design resumed in 1977.

Liberty Walking Half-Dollar:
Renowned designer Adolph Weinman created the images displayed on this legendary fifty-cent piece which was struck by the United States Mint between the years 1916 and 1947. The obverse shows Lady Liberty mid-step, draped in the American flag with her right arm extended toward the sun and her left arm cradling olive branches. The reverse features a bald eagle perched on a branch.

The Liberty Walking Half-Dollar and the Mercury Dime, both designed by Adolph Weinman and introduced in 1916, each replaced a coin created by Charles Barber in their respective denominations. A new initiative championed by President Theodore Roosevelt near the turn of the century sought to have the nation's coinage redesigned and infused with a fresh sense of artistry. The movement resulted in the Barber-designed half-dollar, quarter-dollar, nickel, and dime being succeeded by the Liberty Walking Half-Dollar, Liberty Standing Quarter-Dollar, Buffalo Nickel, and Mercury Dime between the years 1913 and 1916.

American Eagle:
The United States Mint began the American Eagle coin program in 1986. American Eagles are struck each year in silver, gold, and, since 1997, platinum bullion. The Silver Eagle is only available in a $1 denomination. As genuine legal tender, it is the only silver bullion coin whose weight and purity are guaranteed by the United States Government. Each silver coin contains a minimum of one troy ounce of 99.9% pure silver.

The Silver Eagle obverse features Adolph Weinman's classic "Liberty Walking" design which shows Lady Liberty mid-step, draped in the American flag with her right arm extended toward the sun and olive branches cradled in her left arm.

Eisenhower Dollar:
A provision in the Bank Holding Company Act of 1970 calling for the creation of a new dollar coin led to the design and production of the Eisenhower dollar, or "Ike" dollar. First struck in 1971, this coin featured on its obverse a superbly rendered profile of President Dwight D. Eisenhower by U.S. Mint Chief Engraver, Frank Gasparro. The reverse, also created by Gasparro, honored the first Moon Landing with a design inspired by the official Apollo 11 insignia. This dollar coin was the first to be minted and released since the end of the Peace Dollar production in 1935.

For the Bicentennial of the United States in 1976, the U.S. Mint held a contest and took submissions for reverse designs to be used on the Eisenhower Dollar for the celebratory year. An image by Dennis R. Williams featuring the Liberty Bell in front of the Moon was chosen to appear on the dollar coin. The dual date of 1776-1976 was added to the obverse.

Morgan Dollar:
An icon of the Old West and possibly the most popular coin in the history of the United States, the Morgan Silver Dollar continues to be a tremendous source of intrigue and inspiration for new and seasoned collectors alike. Designed by George T. Morgan, the coin debuted in 1878 and featured a depiction of Liberty on the obverse and an image of an eagle clutching arrows and an olive branch on the reverse.

Massive discoveries of precious metals in the American West during the mid to late 19th century, including the Comstock Lode, produced large amounts of silver bullion which began to drive down the Morgan Dollar's value. Those with vested interest in the price of silver appealed to the federal government for a solution to the falling market share of the coveted metal.

The result was the Bland-Allison Act of 1878 that sought to counteract the Coinage Act of 1873, also known as the Crime of '73, which demonetized silver and made gold the US currency standard. The US government approved the Bland-Allison Act to subsidize the silver industry through huge purchases of silver bullion to be minted into the Morgan Silver Dollar.

The Morgan Dollar was struck from 1878 until 1904. The design made a brief comeback in 1921 but was replaced by the Peace Dollar later that year.

Peace Dollar:
First issued in 1921, this United States one dollar silver coin succeeded the famous Morgan Dollar and featured a design by Anthony de Francisci. The armistice reached in the fall of 1918, putting an end to World War I, provided inspiration for the coin. The word "PEACE" found a home on the reverse of the design and bestowed upon the coin its name. The coin was minted from 1921-1928, then again in 1934 and 1935. The U.S. Mint brought the coin back briefly in the mid-1960s, but all Peace Dollars with the 1964 date were melted and never released into circulation.

The Peace Dollar was originally intended to be only a commemorative issue coin but fell into circulation in 1922. Its obverse features a profile of Liberty wearing a crown. The reverse shows an eagle perched on a rock near an olive branch while facing the rays of the sun.

Presidential Dollar:
The Presidential Dollar Program from the United States Mint ranged from 2007-2016. The Mint issues four coins per year with each coin honoring a different U.S. President. Presidents are featured in chronological order by term in office, beginning with George Washington. The obverse of the coin displays the image of a former U.S. President and changes with each release, while the reverse depicts the Statue of Liberty and remains constant for all strikes. The composition and dimensions of the Presidential Dollars mirror that of the Sacagawea Dollar in that they are golden in color, have a smooth edge, and feature a wide rim. The golden color is derived from layers of manganese brass covering a pure copper core.

Sacagawea Dollar:
When the Susan B. Anthony Dollar began circulation in 1979, it was often mistakenly identified as a quarter due to similar physical characteristics. As a result, it did not achieve widespread public acceptance. So to avoid the issues that prevented the success of the Susan B. Anthony Dollar, Congress passed the United States $1 Coin Act of 1997. This law stipulated that the next dollar coin should be golden in color, have a smooth edge, and feature a wider rim. These new attributes would allow the coin to be easily identified by sight or touch and distinguishable from other circulating coins.

Noted sculptor Glenna Goodacre's depiction of Sacagawea carrying her son, Jean Baptiste, won the favor of the DCDAC and became the obverse of the Golden Dollar. Sacagawea was the Native American Shoshone woman who acted as guide and interpreter for the Lewis and Clark Expedition. Because no known contemporary images of Sacagawea exist, artist Glenna Goodacre modeled the Sacagawea Dollar after a 22-year-old Shoshone woman.

The reverse of the coin was designed by U.S. Mint Engraver, Thomas D. Rogers, Sr., and shows an eagle in flight surrounded by 17 stars. Each star represents a state in the Union in 1804, the first year of the Lewis and Clark Expedition. The golden color of the Sacagawea Dollar derives from layers of manganese brass covering a pure copper core.

Susan B. Anthony Dollar:
The Susan B. Anthony dollar began circulation in 1979 amid much anticipation. Criticism quickly met the newly struck coin, though, as it was often mistakenly identified as a quarter due to similar physical attributes, such as the diameter and the reeded edge. As a result, the Sacagawea Dollar replaced the SBA Dollar.

Chief Engraver of the U.S. Mint, Frank Gasparro, sculpted the likeness of pioneer women's rights campaigner, Susan B. Anthony for the obverse of the coin. This marked the first occasion that a woman, other than a representation of Liberty, appeared on a United States coin. Gasparro also produced the modified Apollo 11 insignia motif for the reverse of the coin.

Mints & Mint Marks

Mints
The United States' first mint was opened in Philadelphia in 1793. Cents and half-cents were its first coins struck for circulation. Dies were cut by hand and each cutter added their own touch to the coin. Horses and strong men were the "machines" that operated the presses that made the coins. Mints were located in Philadelphia (PA), Denver (CO), West Point (NY), San Francisco (CA), Carson City (NV), New Orleans (LA), Charlotte (NC) and Dahlonega (GA). Only four of these mints currently exist: Philadelphia, Denver, West Point and San Francisco. The other four were closed soon after the Civil War.

Mint Marks
A mint mark is a small letter struck on an open area of a coin to represent the mint location where it was made. While mint marks began in ancient Greece and Rome, the first mint marks to appear on coins in the United States were in 1838. Mint marks were usually struck on the reverse side of the coins. In 1968, however, mint director Eva Adams changed the striking to the obverse of the coin in order to gain uniformity.

Mint marks are quite important to collectors because they help to determine a coin's value. A coin may have been struck in mass quantities at one mint, yet struck in smaller quantities at another. The coin struck in smaller quantities may be worth more than the one produced at a larger count. Mint marks are also important to collectors who gather the same coin from every mint it was struck.

The Philadelphia Mint has always been the main U.S. Mint location, yet the majority of coins struck there did not have mint marks until 1980. It carried the title of the world's largest mint until 2009. All coins from Philadelphia carry the letter "P". Pennies, however, are the exception, as they do not carry mint marks.

The Denver Mint opened in 1906 due to the gold and silver discoveries in Colorado. Coins produced there are marked with the letter "C". The West Point Mint opened in 1988 and coins produced there are marked with the letter "W". The San Francisco Mint opened in 1854, thanks to the gold rush in California. Coins produced there are marked with an "S".

Coin Grading
The grade of a coin is an essential element of information when it comes to coin collecting. The grade explains what physical condition the coin is in, therefore is important in determining a particular coin's value. Below explains the different coin grades given by most certification companies, from flawless to poor condition.

  • Mint State (MS-70 through MS-60): a coin with no imperfections after production at a 5x magnification is considered a MS-70 grade. MS-69 to MS-60 advises what level of Mint State a coin might be given the small imperfections; MS-60 is the lowest Mint State grade.
  • About Uncirculated (AU-58, 55, 53, 50): a coin where light wearing can be seen somewhere on the coin by the naked eye; MS-50 is the lowest About Uncirculated grade.
  • Extremely Fine (XF-45, 40): a coin that has light wearing throughout; XF-40 is the lowest Extremely Fine grade.
  • Very Fine (VF-35, 30, 25, 20): a coin that still shows the major details but also shows moderate wear; VF-20 is the lowest Very Fine grade.
  • Fine (F-15, 12): a coin showing moderate to heavy wear, but the major details are still visible.
  • Very Good (VG-10, 8): a coin with the design worn down by heavy wear, however the major design is outlined; VG-8 is the lowest Very Good grade.
  • Good (G-6, 4): a coin with flattened details but the design is still outlined, but some features of the coin are unclear; G-4 is the lowest Good grade.
  • About Good (AG-3): a coin with flattened details but the design is still outlined, however some of the edge of the coin is lost because of wear.
  • Fair (FA-2): a coin that is still identifiable in the design and outline, however the edge of the coin is no longer visible.
  • Poor (PR-1): a coin that is still identifiable in the design or date, but in the most poor quality.
  • Coin Certification Companies

  • ANACS (American Numismatic Association Certification Service): This grading and certification service certifies coins as genuine then grades and encapsulates them. ANA is one of the original grading services.
  • NGC (Numismatic Guaranty Corporation): NGC is one of the three most popular coin grading certification services today. They are considered a third party service, in that they are not directly controlled by any coin dealers.
  • PCGS (Professional Coin Grading Service): PCGS certifies coins as genuine and determines their grades according to a popular coin grading scale (of 1 to 70). They charge a fee for their services and seal the coin in a tamper-resistant protective holder. PCGS is one of the top three independent grading services today.
  • About the Collection

    Discover the collectability of The Franklin Mint - the world’s leading private mint for more than 45 years. Founded in 1964, the Franklin Mint first stepped into the international arena by striking legal tender coins for foreign nations. Shortly after, the company expanded and began offering the general public coins and collectibles of the utmost quality.

    Today, Franklin Mint is known throughout the world for its impeccably crafted minted coins, die-cast models and collectible art. Offering rare pieces for first time and serious collectors, each item from the mint is an instant heirloom that can be enjoyed for generations to come.

    About the Guest

    Walter Kole is the Brand Curator for The Franklin Mint. As a member of the American Numismatic Association, Walter has over 30 years’ experience in the field of numismatics, philatelics, and related collectibles. He has purchased in excess of one million U.S. Mint and International official coins and limited commemorate issues. His decades of experience and passion for coins and collecting are evident in each rare piece that he presents.