1933 SANTA MONICA BREAKWATER - HK-680 SILVER - NGC AU53 - ONLY 13 IN THIS GRADE

Description

1933 SANTA MONICA BREAKWATER
HK-680
SILVER
CERTIFIED NGC AU53
POPULATION IN NGC AU53 = 13
ONLY 46 COINS EXIST ACROSS ALL GRADES WITH ONLY 13 HIGHER THAN AU53!
1933 SANTA MONICA BREAKWATER
Medal struck for dedication of Breakwater; issuer and designer unknown but struck by Los Angeles Rubber Stamp Co. (later LA. Stamp and Stationery Co., which went out of business in the 1960s). Actually, two dedicatory ceremonies held, marking both beginning and completion of project, March 25, 1933, and Aug. 5, 1934, respectively.
Breakwater financed by 0,000 municipal bond issue. First crib, sunk March 25, 1933 "amid dedication ceremonies...promptly broke in two." City "panicked"; abandoned plans for concrete-crib breakwater; finally, rock-mound type constructed of lightweight Catalina stone; completed July 6, 1934. Final dedication program included Pacific Coast and Southern California regattas (major yachting events) and nine days of boat races. Some label Breakwater "a fiasco from start to finish"; say it "is completely insufficient and unsightly...has reshaped the beaches badly by causing uneven deposit of sand...it is now a crumbling wreck."
Obverse:
Aerial view of breakwater, pier and yacht basin; single small star each side; above
Souvenir Breakwater 1933
; below
Santa Monica, Calif
.; beaded border.
Reverse:
Full female figure on beach, amusement park in background; below
Ocean Park
/ microscopic
L.A.R.S. Co
.; around
Souvenir from California's Playground
; beaded border.
CERTIFIED NGC AU53
POPULATION IN AU53: ONLY 13
!! IN STOCK - READY TO SHIP !!
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.