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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.
Catalog Information
GSID:
10331
Designer:
Chester Beach
Obverse Designer:
Chester Beach
Reverse Designer:
Chester Beach
Fineness:
0.9
Weight (gr):
12.5 gr
Weight (oz):
0.475 oz
Precious Metal Weight:
0.3617 oz
Strike Type:
Business
Diameter:
30.6
Coin Shape:
Round
Edge:
Reeded
Variety:
Monroe Doctrine
Coin Date:
1923-S
Denomination:
50c
Designation:
MS
Mint Location:
San Francisco
Mint Mark:
S
Mintage:
274,077
Coinage Type:
Classic Commemorative
Coinage Years:
1892-1954
Composition:
90% silver; 10% copper
PCGS #:
9333
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Coin Value History
1923-S 50c Monroe Doctrine MS
Value By Grade
1923-S 50c Monroe Doctrine MS
CPG (retail) values
Currency
Grade Range
Grading Authority
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Pricing
Values
Greysheet & CPG® Values
| Grade | CAC | CPG Value (Retail) | Greysheet Price (Wholesale) |
|---|---|---|---|
| MS68 |
|
$132,000 | $1,234 |
| MS68 | - | $90,000 | $1,234 |
| MS67 |
|
$1,234 | $1,234 |
| MS67 | - | $1,234 | $1,234 |
| MS66 |
|
$1,234 | $1,234 |
| MS66 | - | $1,234 | $1,234 |
| MS65 |
|
$1,234 | $1,234 |
| MS65 | - | $1,234 | $1,234 |
| MS64 |
|
$1,234 | $1,234 |
| MS64 | - | $1,234 | $1,234 |
| MS63 |
|
$1,234 | $1,234 |
| MS63 | - | $1,234 | $1,234 |
| MS62 |
|
$1,234 | $1,234 |
| MS62 | - | $1,234 | $1,234 |
| MS61 |
|
$1,234 | $1,234 |
| MS61 | - | $1,234 | $1,234 |
| MS60 |
|
$1,234 | $1,234 |
| MS60 | - | $1,234 | $1,234 |
| AU58 |
|
$1,234 | $1,234 |
| AU58 | - | $1,234 | $1,234 |
| AU55 |
|
$1,234 | $1,234 |
| AU55 | - | $1,234 | $1,234 |
| AU53 |
|
$1,234 | $1,234 |
| AU53 | - | $1,234 | $1,234 |
| AU50 |
|
$1,234 | $1,234 |
| AU50 | - | $1,234 | $1,234 |
| XF45 |
|
$1,234 | $1,234 |
| XF45 | - | $1,234 | $1,234 |
| XF40 |
|
$1,234 | $1,234 |
| XF40 | - | $1,234 | $1,234 |
| VF35 |
|
$1,234 | $1,234 |
| VF35 | - | $1,234 | $1,234 |
| VF30 |
|
$1,234 | $1,234 |
| VF30 | - | $1,234 | $1,234 |
| VF25 |
|
$1,234 | $1,234 |
| VF25 | - | $1,234 | $1,234 |
| VF20 |
|
$1,234 | $1,234 |
| VF20 | - | $1,234 | $1,234 |
1893 25c Isabella MS
Worth: $135 – $56,000
1900 $1 Lafayette MS
Worth: $200 – $80,000
1921 50c Alabama MS
Worth: $90 – $20,250
1921 50c Alabama, 2x2 MS
Worth: $105 – $18,000
1936 50c Albany MS
Worth: $170 – $16,800
1937 50c Antietam MS
Worth: $400 – $35,000
Arkansas 50c MS [Type]
![Arkansas 50c MS [Type]](https://images.greysheet.com/Ctc/CatalogEntry/ha_com_1302_4459-2.20200702183226140.jpg?MaxWidth=200&Mode=Pad&Scale=UpscaleCanvas&format=webp)
Worth: $75 – $20,000
1935-PDS Set Arkansas MS
Worth: $225 – $4,500
1935 50c Arkansas MS
Worth: $75 – $1,800
1935-D 50c Arkansas MS
Worth: $75 – $24,000
1935-S 50c Arkansas MS
Worth: $75 – $1,200
1936-PDS Set Arkansas MS
Worth: $225 – $4,620
1936 50c Arkansas MS
Worth: $75 – $1,620
1936-D 50c Arkansas MS
Worth: $75 – $20,000
1936-S 50c Arkansas MS
Worth: $75 – $1,800
1923-S 50C Monroe MS65 PCGS. CDN: $440 Whsle. Bid for NGC/PCGS MS65. Mintage 274,077. ...
$671
1923-S 50C Monroe MS66 NGC. NGC Census: 111 in 66 (16 in 66+, 1 in 66?, 1 in 66?+), 13 finer (5/26). CDN: $780 Whsle. Bid ...
$763
1923-S 50C Monroe MS63 PCGS. Housed in a Generation 1.2 "rattler" holder. CDN: $70 Whsle. Bid for NGC/PCGS MS63. Mintage...
$256
1923-S 50C Monroe MS64 PCGS. CDN: $150 Whsle. Bid for NGC/PCGS MS64. Mintage 274,077. ...
$183
1923-S 50C Monroe MS62 PCGS. Mintage 274,077. ...
$74
1923-S 50C Monroe MS67 NGC....
$6,600
1923-S Monroe Doctrine Centennial. AU-58 (ANACS).
$144
1923-S Monroe 50c PCGS AU Details (Scratch)
$36
1923-S Monroe 50c PCGS AU55
$60
1923-S 50C Monroe Poor 1 PCGS. PCGS Population: (5/4485). NGC Census: (0/3753). Mintage 274,077. ...
$456
1923-S Monroe 50c ANACS MS60 Details (Cleaned)
$36
1923-S Monroe Doctrine Centennial. Unc Details--Improperly Cleaned (NGC).
$86
1923-S 50C Monroe MS61 NGC. NGC Census: (64/3063). PCGS Population (41/3358). Mintage: 274,077. Numismedia Wsl. Price for N...
$42
1923-S 50C Monroe--Scratched--ICG. AU53 Details. NGC Census: (2/3208). PCGS Population (6/3575). Mintage: 274,077. Numismed...
$19
1923-S 50C Monroe MS68 NGC. In the early 1920s, the phrase "Sin City" conjured up Hollywood, not Las Vegas, and the Motion ...
$24,150
1923-S 50C Monroe XF40--Cleaned--ANACS, AU Details. The current Coin Dealer Newsletter (Greysheet) wholesale "bid" price is $...
$29
MONROE 50C
$17
1923-S Monroe Doctrine Centennial. MS-65 (PCGS).
$415
1923-S Monroe Doctrine Centennial. MS-66 (PCGS).
$854
1923-S 50C Monroe MS63 NGC. CDN: $70 Whsle. Bid for NGC/PCGS MS63. Mintage 274,077. ...
$119
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Wednesday, June 3, 2026