This souvenir issue was authorized to commemorate the 300th anniversary of the first white settlement on Long Island, which was made at Jamaica Bay by Dutch colonists. The design was prepared by Howard Kenneth Weinman, son of the sculptor A. A. Weinman, who designed the regular Liberty Walking type half dollar. Accolated heads depicting a Dutch settler and an Indian are shown on the obverse, while a Dutch sailing vessel is the reverse device. This was the first issue for which a date was specified (1936) irrespective of the year minted or issued, as a safeguard against extending the coinage over a period of years.