The 1920 Pilgrim half dollar honors the 300th anniversary of the first pilgrims landing in Plymouth, Massachusetts, after their trans-Atlantic voyage on the legendary ship known as the Mayflower. The Pilgrim half dollar was designed by Cyrus Dallin, whose initial D under the pilgrim's elbow on the obverse indicates the initial of his last name and is not a D mintmark from the Denver Mint. The reverse of this coin features the Mayflower in grand detail. This issue was struck for two years, with the 1920 specimens showing no date. Those made the following year, in 1921, do show a date.

A little better than half of the survivors are estimated to be in uncirculated condition, though grade between MS62 and MS64, with Gems grading MS65 or higher quite scarce. Many are heavily -- often unattractively -- toned. This, or course, is not an unusual grade spread for early, pre-1930 commemorative half dollars as they were not always so well preserved and a great many were spent, especially after the nation plunged into the depths of the Great Depression.