Commemorative coins are minted by most countries to commemorate special events or occasions. Most states have a commemorative coin depicting famous people or locations. Coins in this category are usually mited specifically for collectors and are not meant for general circulation. Even though you will see them in denominations of half dollar and dollar, you would not want to spend these coins anyway. A lot of the designs are the result of competitions that have been held for artists to submit their designs. Winning is a great accomplishment to put on any artist’s resume!