United States of America – Commemorative Half Dollar Stone Mountain Memorial 1925 Silver 50 Cents (Half Dollar) 30.6mm (12.48 grams) 0.900 Silver (0.3617 oz. ASW) Reference: KM# 157 IN GOD WE TRUST STONE MOUNTAIN 1925, Generals Robert E. Lee and Stonewall Jackson, the latter with head bare, mounted on horseback left; thirteen stars in field above, which represent the thirteen states which either joined the Confederacy or had Confederate factions. UNITED STATES OF AMERICA E PLURIBUS UNUM HALF DOLLAR, eagle with wings stretched, representative of liberty, perched upon a mountaintop; MEMORIAL TO THE VALOR OF THE SOLDIER OF THE SOUTH in field to left; LIBERTY below; 35 stars in the field, supposedly to represent the number of states at the start of the Civil War.
Gutzon Borglum prepared the model for this coin, whom would go on later to sculpt Mount Rushmore. The first coins were struck on January 21st, 1925 in honor of General Thomas “Stonewall” Jackson’s birthday. The profit that was to be made from the sale of these half dollars was to go towards the cost of carving figures of Confederate leaders and soldiers on Stone Mountain in Georgia. The completion and dedication of this project was done in 1970.
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Robert Edward Lee (January 19, 1807 – October 12, 1870) was an American soldier best known for commanding the Confederate Army of Northern Virginia in the American Civil War from 1862 until his surrender in 1865. The son of Revolutionary War officer Henry “Light Horse Harry” Lee III and a top graduate of the United States Military Academy, Robert E. Lee was an exceptional officer and combat engineer in the United States Army for 32 years. During this time, he served throughout the United States, distinguished himself during the Mexican-American War, served as Superintendent of the United States Military Academy, and married Mary Custis.
When Virginia declared its secession from the Union Jefferson Daviss Ulysses S. Grantt’s campaigns bore down on the Confederacy in 1864 and 1865, and despite inflicting heavy casualties, Lee was unable to turn the war’s tide. He surrendered to Grant at Appomattox Court House on April 9, 1865. By this time, Lee had assumed supreme command of the remaining Southern armies; other Confederate forces swiftly capitulated after his surrender. Lee rejected the proposal of a sustained insurgency against the North and called for reconciliation between the two sides.
After the war, as President of what is now Washington and Lee University, Lee supported President Andrew Johnson’s program of Reconstruction and intersectional friendship, while opposing the Radical Republican proposals to give freed slaves the vote and take the vote away from ex-Confederates. He urged them to rethink their position between the North and the South, and the reintegration of former Confederates into the nation’s political life. Lee became the great Southern hero of the War, a postwar icon of the “Lost Cause of the Confederacy” to some. But his popularity grew even in the North, especially after his death in 1870. He remains one of the most revered, iconic figures of American military leadership.
Thomas Jonathan “Stonewall” Jackson (January 21, 1824 – May 10, 1863) was a Confederate general during the American Civil War, and one of the best-known Confederate commanders after General Robert E. Lee. His military career includes the Valley Campaign of 1862 and his service as a corps commander in the Army of Northern Virginia under Robert E. Lee. Confederate pickets accidentally shot him at the Battle of Chancellorsville on May 2, 1863. The general survived with the loss of an arm to amputation, but died of complications from pneumonia eight days later. His death was a severe setback for the Confederacy, affecting not only its military prospects, but also the morale of its army and of the general public. Jackson in death became an icon of Southern heroism and commitment, becoming a mainstay in the pantheon of the “Lost Cause”.
Military historians consider Jackson to be one of the most gifted tactical commanders in U.S. history. His Valley Campaign and his envelopment of the Union Army right wing at Chancellorsville are studied worldwide even today as examples of innovative and bold leadership. He excelled as well in other battles; the First Battle of Bull Run (First Manassas) where he received his famous nickname “Stonewall”, Second Bull Run (Second Manassas), Antietam, and Fredericksburg. Jackson was not universally successful as a commander, however, as displayed by his weak and confused efforts during the Seven Days Battles around Richmond in 1862.
The Stone Mountain Memorial half dollar was an struck in 1925 at the Philadelphia Mint. Its main purpose was to raise money on behalf of the Stone Mountain Confederate Monumental Association for the Stone Mountain Memorial near Atlanta, Georgia. Designed by sculptor Gutzon Borglum, the coin features a depiction of Confederate generals Robert E. Lee and Stonewall Jackson on the obverse and the caption: “Memorial to the Valor of the Soldier of the South” on the reverse. The piece was also originally intended to be in memory of the recently deceased president, Warren G. Harding, but no mention of him appears on the coin.
In the early 20th century, proposals were made to carve a large sculpture in memory of General Lee on Stone Mountain, a huge rock outcropping. The owners of Stone Mountain agreed to transfer title on condition the work was completed within 12 years. Borglum, who was, like others involved, a Ku Klux Klan member, was engaged to design the memorial, and proposed expanding it to include a colossal monument depicting Confederate warriors, with Lee, Jackson, and Confederate President Jefferson Davis leading them.
The work proved expensive, and the Association advocated the issuance of a commemorative half dollar as a fundraiser for the memorial. Congress approved it, though to appease Northerners, the coin was also made in honor of Harding, under whose administration work had commenced. Borglum designed the coin, which was repeatedly rejected by the Commission of Fine Arts. All reference to Harding was removed from the design by order of President Calvin Coolidge.
The Association sponsored extensive sales efforts for the coin throughout the South, though these were hurt by the firing of Borglum in 1925, which alienated many of his supporters, including the United Daughters of the Confederacy. A 1928 audit of the fundraising showed excessive expenses and misuse of money, and construction halted the same year; a scaled-down sculpture was eventually completed in 1970.
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