The US 1938 Half Dollar, designed by Adam Pietz, commemorated the 250th anniversary of the founding of New Rochelle, New York. This limited-issue coin featured a fatted calf and a settler, reflecting a local legend and colonial heritage. The US 1938 Half Dollar symbolized regional pride during a time of national recovery from the Great Depression.
Economically, the US 1938 Half Dollar was minted in 90% silver, consistent with circulating coinage of the era. As silver prices fluctuated, the coin’s intrinsic value reflected economic uncertainty. Pietz’s design added historical and artistic value, making the US 1938 Half Dollar a blend of civic memory and metal stability.