1923-S Monroe Doctrine Centennial. MS-67 (PCGS).This is a beautifully toned, expertly preserved example of one of the more conditionally challenging types in the United States Mints classic commemorative coin series. Bathed in a bold blend of steel-blue, rose-red and golden-apricot, both sides also sport sharp striking detail and bountiful mint luster. Authorized by an act of Congress dated January 24, 1923 (which also allowed for a maximum mintage of 300,000 coins), half dollars of this type were intended to commemorate the centennial of the announcing of the Monroe Doctrine. The San Francisco Mint struck 274,000 examples, plus an additional 77 coins for assay purposes; most coins distributed by the Los Angeles Clearing House at $1 each. Approximately 27,000 examples were sold, either through the Clearing House or at the American Historical Revue and Motion Industry Exposition, which backed the issue as a source of revenue for the event. The remaining pieces failed to sell and were released into circulation, explaining the abundance of EF and AU examples. With true Gems scarce, Superb Gems like the present piece are undeniably rare and represent a fleeting bidding opportunity when offered through auction.PCGS Population: 9; with a single MS-67+ finer.
