1923-S Monroe Doctrine Half dollar MS Values

Greysheet & Red Book® Price Guide
Melt: $27.44 (0.3617 oz Silver)

Sponsor

shop eBay

Sponsor

shop

Sponsor

shop Great Collections

Sponsor

shop Whitman

Sponsor

shop David Lawrence Rare Coins

1923-S Monroe Doctrine Half dollar MS Values

Details

This 1923 commemorative half dollar marks the 100th anniversary of the Monroe Doctrine, a United States policy rebuking European colonialism in the Americas. The coin, designed by Chester Beach, features on its obverse President James Monroe (left) and Secretary of State John Quincy Adams, who authored the Monroe Doctrine.

Nearly 275,000 were struck and were issued for $1 each, but they were so common that they were worth little over face value during the Great Depression of the 1930s -- many were spent. The majority are known in the grades of AU50 to about MS64, while MS65s are very scarce and pieces grading MS66 and higher are quite rare. Many are quite lustrous, but beware of surface marks on the coin's many flat surfaces.

up This coin is made of 90% silver; 10% copper and has a current melt value of $27.44

Basic Information

GSID:

10331

Coin Date:

1923-S

Denomination:

50c / Half dollar

Designation:

MS

Mint & Coinage Details

Mint Location:

San Francisco

Mintage:

274,077

Coinage Type:

Classic Commemorative

Coinage Years:

1892-1954

Composition:

90% silver; 10% copper

Mint Mark:

S

Varieties and Classification

Variety:

Monroe Doctrine

Physical Characteristics

Fineness:

0.9

Weight:

12.5 gr

Weight:

0.475 oz

Precious Metal Weight:

0.3617 oz

Strike Type:

Business

Diameter:

30.6 mm

Coin Shape:

Round

Design Details

Designer:

Chester Beach

Obverse Designer:

Chester Beach

Reverse Designer:

Chester Beach

Feedback:

Available on Greysheet Marketplace

View All

Dealer Directory

View All Dealers
Rarity7
FEATURED

Greysheet News

View All News
CAC Coins Bring Premiums in March 2026
CAC Coins Bring Premiums in March 2026
4/8/2026

CAC approved and CACG encapsulated coins fared well in public sales during March 2026.

Whitman Brands Acquires Rights to Definitive Overton-Parsley Works on Capped Bust Half Dollars
Whitman Brands Acquires Rights to Definitive Overton-Parsley Works on Capped Bust Half Dollars
4/8/2026

This acquisition ensures that the legacy of meticulous scholarship established by Al Overton and continued by Donald Parsley will be preserved and expanded for future generations of numismatists.

CFA Considers 2027 Commemorative Designs
CFA Considers 2027 Commemorative Designs
4/7/2026

The Commission of Fine Arts reviewed proposed designs for 2027 commemoratives to benefit America's Vet Dogs.

Map icon

DAVID LAWRENCE RARE COINS