1920 Maine Centennial Half Dollar – History, Design & Value
The 1920 Maine Centennial Half Dollar is a classic U.S. commemorative coin issued to mark the 100th anniversary of Maine’s statehood. Struck in 90% silver by the Philadelphia Mint, this half dollar was not released into general circulation but sold at a premium — $1 per coin — as part of a fundraising effort for centennial celebrations.
The coin’s design draws directly from Maine’s state identity. The obverse features the state seal with a pine tree, moose, and two figures — a farmer and a sailor — along with the Latin motto “Dirigo,” meaning “I lead.” The reverse is framed by pine needles and cones and includes the bold inscription “Maine Centennial 1820–1920.”
Artist Harry Cochrane created the original concept, while sculptor Anthony de Francisci — later famed for designing the Peace Dollar — turned it into a finished design. Despite its symbolism, the coin received mixed reviews for its artistic quality.
Only 50,028 coins were minted, and they arrived too late for Portland’s official celebration. Most examples were eventually sold, many through the Maine state treasurer’s office. Today, this coin appeals to collectors for its historical significance, low mintage, and connection to early 20th-century American commemoratives. High-grade uncirculated examples are rare and can command a premium in the coin market.