The Walking Liberty Half Dollar is one of the most iconic coins in American numismatics. Designed by Adolph A. Weinman, it was minted from 1916 to 1947 and is celebrated for its artistry and historical significance. Among the many issues, the 1917 Walking Liberty Half Dollar stands out as a collector’s favorite. Depending on condition and rarity, certain examples have been valued as high as $175,000, making them a true treasure for coin enthusiasts. This guide explores the history, identification, and collector insights surrounding this remarkable coin.
The History of the Walking Liberty Half Dollar
Introduced in 1916, the Walking Liberty Half Dollar replaced the Barber Half Dollar. Weinman’s design featured Lady Liberty striding toward the dawn of a new day, draped in the American flag, with branches of laurel and oak in her arms. The reverse depicted a majestic eagle perched on a rock, symbolizing strength and freedom. The coin was struck in 90% silver and 10% copper, making it both beautiful and valuable. The 1917 issue came early in the series and is especially prized by collectors.
Why the 1917 Half Dollar Is Valuable
Several factors contribute to the value of the 1917 Walking Liberty Half Dollar. First, its age and historical significance make it desirable. Second, certain varieties, such as coins with mint marks on the obverse or reverse, are rarer than others. Third, condition plays a major role. Coins that were heavily circulated often show wear on Liberty’s flowing dress or the eagle’s feathers, reducing their value. High-grade examples with sharp details and original luster can command extraordinary premiums, sometimes reaching six figures.
Mint Varieties of the 1917 Half Dollar
The 1917 Walking Liberty Half Dollar was struck at three mints: Philadelphia (no mint mark), Denver (D), and San Francisco (S). Interestingly, the mint mark placement varied. Some coins had the mint mark on the obverse below “In God We Trust,” while others had it on the reverse near the eagle. Collectors prize these varieties, with certain obverse mint mark issues being rarer and more valuable.
Value by Condition
The value of a 1917 Walking Liberty Half Dollar depends heavily on its grade. Coins in good to very good condition may be worth only a few dozen dollars, while uncirculated examples can reach thousands. Exceptional specimens, especially those with rare mint mark varieties, have sold for up to $175,000 at auction.
Chart: 1917 Walking Liberty Half Dollar Values in 2026
| Condition | Typical Characteristics | Estimated Value (USD) |
|---|---|---|
| Good to Very Good | Heavy wear, flat details, clear date | $15 – $40 |
| Fine to Very Fine | Moderate wear, main details visible | $40 – $120 |
| Extremely Fine | Light wear, strong design details | $150 – $500 |
| About Uncirculated | Very light wear, traces of luster | $500 – $1,500 |
| Uncirculated (MS60–MS63) | Sharp details, full luster | $2,000 – $10,000 |
| Gem Uncirculated (MS65+) | Exceptional strike, pristine | $20,000 – $175,000+ |
Collector Insights
Collectors value the 1917 Walking Liberty Half Dollar not only for its rarity but also for its artistry. Weinman’s design is considered one of the most beautiful in U.S. coinage, later inspiring the American Silver Eagle bullion coin introduced in 1986. For serious numismatists, owning a high-grade 1917 half dollar is a mark of prestige. Auction records show strong demand, with prices continuing to rise for top-quality specimens.
How to Spot Valuable Examples
Collectors should carefully examine their coins under magnification. Look for sharp details in Liberty’s gown and the eagle’s feathers. Check the mint mark placement, as obverse mint mark varieties are rarer. Coins with original luster and minimal wear are especially valuable. Professional grading and authentication are essential to confirm rarity and maximize value.
Collecting Trends in 2026
In 2026, coin collecting remains vibrant, with Walking Liberty Half Dollars at the center of attention. Auction houses report strong demand for rare varieties, and social media has fueled interest among younger collectors. The combination of history, artistry, and rarity ensures these coins remain popular across generations. The 1917 issue, with its unique mint mark varieties and potential six-figure value, continues to inspire collectors worldwide.
Tips for Collectors
- Study reference guides to learn about mint mark varieties
- Examine coins carefully for wear and strike quality
- Consider professional grading to authenticate and preserve rare coins
- Store coins properly to prevent tarnish and damage
- Follow auction trends to understand current market demand
Key Highlights
- The Walking Liberty Half Dollar was introduced in 1916 and designed by Adolph A. Weinman
- The 1917 issue is prized for its artistry, rarity, and mint mark varieties
- Values in 2026 range from $15 for worn examples to $175,000+ for gem uncirculated specimens
- Collectors continue to prize these coins for their history and uniqueness
- Auction houses and social media have fueled renewed interest in rare coin hunting
Final Words
The 1917 Walking Liberty Half Dollar is more than just a coin; it is a masterpiece of American numismatics. Its beauty, rarity, and historical significance make it one of the most desirable coins for collectors. Whether you are a seasoned numismatist or a curious beginner, exploring the world of Walking Liberty Half Dollars offers a glimpse into America’s heritage and the enduring allure of rare coins. With values reaching as high as $175,000, this coin proves that hidden fortune can sometimes be found in the most ordinary places.