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Value of Walking Liberty Half Dollar

Updated on February 2, 2012

Value of Walking Liberty Half Dollar

From a numismatic view, the Walking Liberty Half Dollar is arguably one of the most beautiful coins ever minted. Besides their stunning eye appeal, Walking Liberty Half Dollars were stuck with 90% Silver, making them a prime investment for coin or silver collectors. Never has a time come where so much silver was bought and sold until now. With increased sales also comes increased chances of knock offs, so it's good to know what you're looking at. Covered in this article is a history of the Walking Liberty Half as well as its metal composition and numismatic values. Hopefully by the end, you'll know everything there is to know about these unique half dollar coins.


Value of Walking Liberty Half Dollar. Above is a toned Uncirculated 1917.
Value of Walking Liberty Half Dollar. Above is a toned Uncirculated 1917. | Source

History of the Walking Liberty Half Dollar:

  • Designed as a replacement to the Barber or “Liberty Head” Half Dollar, the Walking Liberty Half Dollar was first released for circulation in 1916. The obverse design featured a depiction of Lady Liberty walking with an olive branch. On the reverse, the illustration of a perched eagle can be observed.
  • The Walking Liberty Half Dollars were designed by Adolph A. Weinman. His initials AW can be observed below the tips of the Wing Feathers on the reverse of the coin.
  • During the year 1916 and part of 1917, mintmarks for the Walking Liberty were struck on the obverse below the motto. During 1917, the mintmark was moved to the reverse of the coin near the outer rim in the 8’o clock position.
  • Throughout its mintage of 31 years, the walking Liberty Half Dollar only has a few years with different varieties and only one Mint recognized Error.


Obverse and Reverse of Walking Liberty Half Dollar Coin.
Obverse and Reverse of Walking Liberty Half Dollar Coin.

Composition and Melt Value:

  • Weight – 12.5 Grams
  • Metal Composition – 90% Silver, 10% Copper
  • Melt Value - $14.60


Value of Walking Liberty Half Dollar:

The news just keeps getting better for Walking Liberty Half Dollar collectors! On top of already outstanding melt values, Walking Liberty Half Dollars also contain a great deal of numismatic value, owing it to their overall low mintages. There are many years in which less than a Million were minted. With low mintages and plenty of pressure from collectors, you can be guaranteed that Walking Liberty Half Dollars have high dollar potential. Below is a list of valuable Key and Semi Key dates from the Walking Liberty Half Dollar Collection:

Did You Know?

The "Grade" or condition of your Walking Liberty Half Dollar means everything when it comes to value. If you're unfamiliar with how to tell the condition of your coin, its good to familiarize yourself with the Coin Grading Scale.

Key Dates:

  • 1916S – Mintmark on obverse. Valued at $125-2,000+
  • 1921 – Valued at $175-8,000+
  • 1921D – Valued at $300-10,000+
  • 1938D – Valued at $100-500+

Semi Key Dates:

  • 1916 – Valued at $50-500
  • 1916D – Mintmark on obverse. Valued at $40-500+
  • 1917D – Mintmark on obverse. Valued at $25-1,000+
  • 1917D – Mintmark on reverse. Valued at $15-1,000+
  • 1917S –Mintmark on obverse. Valued at $30-5,000+
  • 1919 – Valued at $30-3,000+
  • 1919D – Valued at $25-10,000+
  • 1919S – Valued at $30-8,000+
  • 1920D – Valued at $15-2,500+
  • 1921S – Valued at $50-20,000+
  • 1923S – Valued at $15-2,500+

Walking Liberty Half Dollar Error:

  • 1946 – Double Die Reverse. Valued at $20-450


I'd like to thank you for reading my article on the value of Walking Liberty half dollars. I hope that you have a further clarity of their values in both silver composition and numismatic worth. If you've enjoyed reading this article, be sure to check out my other American Coin articles directly to your right!


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    • Joe Macho profile imageAUTHOR


      8 years ago from Colorado

      Well thank you for the great feedback. I appreciate it.

    • snakeslane profile image

      Verlie Burroughs 

      8 years ago from Canada

      thanks Joe, I am a nova numismatist and appreciate your well-researched hub.


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