1926 Oregon Trail Half dollar MS Values

Greysheet & Red Book® Price Guide
Melt: $26.43 (0.3617 oz Silver)

Sponsor

shop eBay

Sponsor

shop US Coins and Jewelry

Sponsor

shop Stacks Bowers Auctions

Sponsor

shop

Sponsor

shop David Lawrence Rare Coins

1926 Oregon Trail Half dollar MS Values

Details

The 1926 Oregon Trail half dollar is the first of several issues of this particular commemorative type -- one that was struck until 1939. It reigns as the longest-produced design during the entire classic commemorative series, having been struck over the course of 14 years.

Many say the Oregon half dollar is one of the earliest types of commemoratives that was really afflicted by the abuses and manipulation that eventually brought an end to the commemorative coin program of 1892-1954. Regardless of the controversy surrounding this coin, which will be touched on in this and other listings for this piece, the Oregon half dollar is largely regarded as one of the most beautiful coins the United States Mint ever produced. It honors the 2,000-mile Oregon Trail and the many pioneers who charted the path and died along the route. The 1926 issues were sold for $1 each.

The coin was designed by husband-and-wife coin-designing team James Earle Fraser and Laura Gardin Fraser. The obverse shows a Native American standing before a geographical map of the continental United States, with an indication of the actual Oregon Trail across the applicable portion of map. The reverse shows a cattle-drive stagecoach rolling over a hill with a large sunset shining in the background.

In its first year of issue, the 1926 Oregon Trail half dollar saw production at the Philadelphia and San Francisco Mints. The Philadelphia and San Francisco offered a combined 131,010 examples, and most of the available specimens today are known in uncirculated grades. They are usually encountered in the grades of AU-MS65, with higher-grading pieces proving scarce. No Oregon half dollars were minted in 1927, and the next batch would come from Philadelphia in 1928.

down This coin is made of 90% silver; 10% copper and has a current melt value of $26.43

Obverse: The obverse shows a Native American standing before a geographical map of the continental United States, with an indication of the actual Oregon Trail across the applicable portion of map.

Reverse: The reverse shows a cattle-drive stagecoach rolling over a hill with a large sunset shining in the background.

Basic Information

GSID:

10338

Coin Date:

1926

Denomination:

50c / Half dollar

Designation:

MS

Mint & Coinage Details

Mint Location:

Philadelphia

Mintage:

47,955

Coinage Type:

Classic Commemorative

Coinage Years:

1892-1954

Composition:

90% silver; 10% copper

Varieties and Classification

Variety:

Oregon Trail

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:

James Earle Fraser, Laura Gardin Fraser

Obverse Designer:

James Earle Fraser

Reverse Designer:

Laura Gardin Fraser

Feedback:

Available on Greysheet Marketplace

View All

Dealer Directory

View All Dealers

Greysheet News

View All News
From Stellas to Standouts: Heritage's Star-Studded CSNS U.S. Coins Auction Features Elite Rarities
From Stellas to Standouts: Heritage's Star-Studded CSNS U.S. Coins Auction Features Elite Rarities
4/18/2026

All four gold stellas, 1933 Indian eagle and featured collections among highlights at April 29-May 2 event.

Red Book Podcast with John Feigenbaum and Jeff Garrett [Video]
Red Book Podcast with John Feigenbaum and Jeff Garrett [Video]
4/17/2026

You don't want to miss this conversation about Mega Red X & the 2027 Red Book

Stack's Bowers Galleries Shatters Records in Spring 2026 Showcase Auction
Stack's Bowers Galleries Shatters Records in Spring 2026 Showcase Auction
4/16/2026

Auction records were smashed during an incredible week of auctions hosted March 9-17, 2026 by preeminent rare coin auction firm, Stack's Bowers Galleries.

Map icon

DAVID LAWRENCE RARE COINS