The Caddo Herald
June 12, 1925
Confederate Coins on Sale at Bank
The first consignment of Confederate Memorial Half Dollars minted by the United States Government as a “tribute to the valor of the soldier of the South” which are to be simultaneously released throughout the nation on July 3rd has been received by the Caddo National Bank according to an announcement made by W. N Green president.
“Citizens of Caddo now have the opportunity of making sure of obtaining some of these coveted memorial coins on their national distribution July 3rd”, said Mr. Green, “by immediately purchasing coin certificates, redeemable for the actual half dollars on July 3rd.”
As less than two million of the Memorial coins are available to the South at this time, the Southern Bankers Committee, arranging details of their distribution, has allocated only a limited number to each city and county in the various Southern states. Once these quotas are exhausted no further coins are obtainable.
The issuance of these commemorative coins by the national Government is an event of the greatest significance to the South. It is a gesture of friendliness on the part of the nation to which the South will spontaneously respond.
Not only do these coins have a high sentimental value through this national recognition of our Southern heroes, but they also possess an additional worth since the modest premium at which the coins are sold goes to the completion of the great monument to the Confederacy being carved at Stone Mountain, Georgia.
Note: You can read more about the 1925 Stone Mountain Memorial Half-Dollar at this link: coin.
Comments