Why the 1936 Arkansas Robinson Half Dollar Could Be Worth $20,000 in Your Coin Collection

The 1936 Arkansas Robinson Half Dollar is a unique piece of American commemorative coinage with a rich backstory, honoring both the Arkansas Centennial and Senator Joseph T. Robinson. This coin was created as part of the classic U.S. commemorative coin era, when multiple coin bills were passed through Congress, often driven by groups looking to raise funds or increase enthusiasm for commemorative coins. For collectors today, the Arkansas Robinson Half Dollar stands as both a historical artifact and a fascinating investment.

The Creation of the Arkansas Robinson Half Dollar

The Arkansas Centennial Commission initiated the Arkansas Half Dollar series in 1935, marking the centennial of Arkansas’ statehood. Due to the coin’s popularity, additional orders were placed, and production continued for several years. In 1936, Congress passed an act allowing for a new design to honor the prominent Senator Joseph T. Robinson, who played a key role in New Deal legislation and represented Arkansas in the Senate. Robinson, who passed away in 1937, is one of the few people to have appeared on a U.S. coin while still living.

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Coin Design and Symbolism

The design of the 1936 Arkansas Robinson Half Dollar holds symbolic elements:

  • Obverse (Front): The obverse features Senator Joseph T. Robinson’s profile. Surrounding him are inscriptions including “Arkansas Centennial 1836-1936” and “Liberty.”
  • Reverse (Back): The reverse shows an eagle with spread wings atop a globe, clutching a ribbon with “In God We Trust” and “E Pluribus Unum.” Additionally, the Arkansas flag symbol is represented, showing four stars: one for the Confederacy and three for Spain, France, and the United States, reflecting the historical rule of Arkansas.

Mintage and Market Data

The Arkansas Robinson Half Dollar had a mintage of 25,265 pieces, with a few rare “Satin Proofs” also produced. Over the years, these coins have been widely traded among collectors, with higher grades commanding a premium in the market.

DateBusiness StrikesAssay CoinsProofsNo. MeltedNet Mintage
193625,250158025,250

Most coins sell for between $100 and $120 in Mint State (MS) 64 to MS66, while higher grades like MS67 can reach prices over $1,000.

Understanding the Value of the Arkansas Robinson Half Dollar

The value of these coins depends on various factors such as rarity, condition, and eye appeal. Generally, MS66 coins with strong luster are considered good investments, as they offer quality and affordability. The highest price ever paid for a 1936 Arkansas Robinson Half Dollar was $20,700 for a perfect MS68 example, which shows how condition can dramatically impact a coin’s value.

For collectors interested in these coins, here are some key market points:

  • MS64–MS66: These coins are more affordable and common, typically selling between $100 and $120.
  • MS67 and above: Less common, these coins can range from $1,000 to $5,000 or more, depending on condition and toning.
  • Top Auction Price: The highest recorded auction sale for this coin was $20,700 for an MS68 in 2005.

Why Collect the Arkansas Robinson Half Dollar?

Collecting the Arkansas Robinson Half Dollar appeals to history enthusiasts and numismatists alike. The coin’s historical connections to Arkansas’ statehood, the Great Depression, and the New Deal period add depth to its value. Its designs also reflect the evolving commemorative coinage styles of the 1930s, making it a remarkable addition for those interested in U.S. numismatics.

Conclusion

The 1936 Arkansas Robinson Half Dollar is a valuable piece for collectors, with unique ties to American history and political heritage. Whether you’re a seasoned collector or just starting, this coin offers both historical significance and aesthetic appeal. With prices that vary based on quality, it provides options for a range of budgets. For collectors, the Arkansas Robinson Half Dollar serves as a window into a transformative period in U.S. history, making it a treasure to add to any collection.

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FAQ’s

What makes the 1936 Arkansas Robinson Half Dollar unique?

The 1936 Arkansas Robinson Half Dollar commemorates both Arkansas’ centennial and Senator Joseph T. Robinson, making it one of the few U.S. coins to honor a living person. Its design also incorporates Arkansas state symbols, adding to its historical value.

How much is a 1936 Arkansas Robinson Half Dollar worth today?

Prices vary based on the coin’s condition. Common grades (MS64–MS66) typically sell for $100–$120, while higher grades like MS67 and above can exceed $1,000, with rare top-grade examples fetching over $20,000.

Are there proof versions of the 1936 Arkansas Robinson Half Dollar?

Yes, a few satin proof versions were minted, though they are extremely rare. Most collectors encounter business strikes, as only around 25 satin proofs are believed to exist.

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