1938 New Rochelle, New York 250th Anniversary. MS-67+ (PCGS). CAC.This breathtakingly beautiful Superb Gem exhibits blushes of reddish-rose and golden-olive peripheral toning to otherwise brilliant surfaces. Intensely lustrous frosty surfaces are exceptionally smooth with eye appeal to spare. This type commemorates the 250th anniversary of the founding and settlement of New Rochelle, New York by French Huguenots. Six thousand acres were purchased from John Pell, Lord of Pelham Manor, for this settlement. One of the possible forms of payment for this purchase was that the settlers deliver to Pell and his heirs one fatted calf every year on June 24, the Festival of St. John the Baptist. The obverse depicts Pell holding a fatted calf. The reverse shows the fleur-de-lis, symbol of France.