Q. David Bowers

Business Strikes:
Enabling legislation: As earlier; plus bullion autho-rized by the Pittman Act, April 23, 1918
Designer: Anthony de Francisci
Weight and composition: 412.5 grains; .900 silver, .100 copper
Melt-down (silver value) in year minted: $0.50458
Dies prepared: Obverse: Unknown; Reverse: Unknown.
Business strike mintage: 19,020,000
Estimated quantity melted: Unknown.
Approximate population MS-65 or better: 200 to 400 (URS-9)
Approximate population MS-64: 2,000 to 3,000 (URS-13)
Approximate population MS-63: 6,500 to 13,000 (URS-l4)
Approximate population MS-60 to 62: 25,000 to 50,000 (URS-16)
Approximate population VF-20 to AU-58: 1,500,000 to 2,500,000 (URS-22)
Characteristics of striking: Usually poorly struck. Known hoards of Mint State coins: Many bags were released in the 1940s and 1950s.
Proofs:
None
Commentary
This issue is very common in low Mint State levels and is nearly always poorly struck. In well-struck MS-65 or better grade it is a great rarity.