The Walking Liberty Fifty Cent Piece is regarded by many coin collectors as one of the most beautiful silver coins ever produced for circulation in the U. S. It is one of the few U.S. coins to have its obverse design appear again on a modern coin - that being the popular Silver American Eagle.
Designed by Adolph A. Weinman, a total of three U. S. Mints were involved in the production of approximately 485,395,000 silver half dollars from 1916 thru 1947 with some exceptions.
The obverse of this popular silver
coin features the image of Lady Liberty striding toward a rising
sun, draped elegantly in an American flag holding both laurel
branches to represent military power and oak branches to
represent civil glory.
The reverse of the Liberty Half Dollar features a bald eagle spreading its wings in a display of power while perched upon a mountain crag. The vast majority of these coins have the mint mark located on the reverse (black dot marks the spot): Denver (mint mark "D"); San Francisco (mint mark "S"); and Philadelphia (no mint mark). In the early minting of these coins, the mint mark was on the obverse - under the motto "In God We Trust". This included the 1916D, 1916S, a portion of 1917Ds (765,400 out of a total of 2,705,400 minted) and 1917S (952,000 out of a total of 6,506,000 minted).
This half dollar coin consists of 90% silver and 10% copper. An uncirculated Walking Liberty contains .3617 Troy ounces of pure silver (11.2501 grams). If circulated, this silver coin contains less silver because circulation = wear. The industry considers circulated "Walkers" to contain approximately .3575 Troy ounces of pure silver.
With few exceptions, at least a few million Walking Liberty coins were minted each year they were produced (no half dollars were produced in 1922, 1924-1926 and 1930-1932). The Philadelphia Mint produced several million silver half dollars between 1941 and 1945 - these are the most common dates. Philadelphia also produced "Proof" Walking Liberty silver coins in 1936, 1937, 1938, 1939, 1940, 1941 and 1942.
Walking Liberty Half Dollars with mint totals of less than a million are likely to fetch a higher sale price as they are somewhat rare coins (depending on condition). Most rare are the 1921 (246,000 minted) and 1921D (only 208,000 minted). Other silver half dollars with less than a million minted are 1916, 1916S, 1917D (obverse mint mark only), 1917S (obverse mint mark only), 1919, 1921S and 1938D.
determine the silver (melt) value of a circulated Liberty
Silver Half Dollar, multiply the current spot price of
silver times .3575.
Example: $20.00 x .3575 = $7.15
This plus the current premium is what you will pay for this silver coin. If you are selling, you can expect to receive a little less from a dealer.