1917 Walking Liberty Half Dollar Value Guide: The 1917 Walking Liberty Half Dollar is one of the most admired coins in United States numismatic history. Known for its artistic beauty and historical importance, this coin attracts collectors from beginners to seasoned experts. While many examples are affordable, some rare versions of the 1917 Walking Liberty Half Dollar are worth thousands of dollars today. Understanding why certain coins are so valuable requires a closer look at mint marks, condition, and unique varieties.
The History Behind the Walking Liberty Half Dollar
The Walking Liberty Half Dollar was introduced in 1916 and remained in circulation until 1947. The design was created by sculptor Adolph A Weinman and is often praised as one of the most beautiful coin designs ever produced by the United States Mint. The obverse shows Lady Liberty walking confidently toward the rising sun, symbolizing hope and progress. The reverse features a powerful bald eagle perched on a rock, representing strength and resilience.
The year 1917 was only the second year of production, making it especially interesting to collectors. During this time, the United States was entering World War One, adding historical weight to coins minted that year.
Understanding the Three Mint Varieties of 1917
In 1917, Walking Liberty Half Dollars were struck at three different mints. Each mint produced coins with slightly different characteristics that affect value.
The Philadelphia Mint produced coins without a mint mark. These are the most common 1917 Walking Liberty Half Dollars and are usually affordable in lower grades. However, high grade examples with strong detail can still command impressive prices.
The Denver Mint struck coins with a D mint mark. These are scarcer than Philadelphia coins and generally more valuable, especially in well preserved condition.
The San Francisco Mint produced coins marked with an S. These are often the most sought after due to lower mintage numbers and stronger demand among collectors.
The Obverse Mint Mark Change of 1917
One of the most important factors that affects the value of the 1917 Walking Liberty Half Dollar is the mint mark location. Early in 1917, the mint mark was placed on the reverse of the coin near the eagle. Later in the same year, the mint moved the mint mark to the obverse just below the motto In God We Trust.
This change created two distinct varieties for Denver and San Francisco coins. Collectors highly value these differences, and some varieties are significantly rarer than others. Coins with the obverse mint mark are generally more desirable and often bring higher prices at auction.
Condition and Grading Impact on Value
As with all collectible coins, condition plays a major role in determining value. A worn 1917 Walking Liberty Half Dollar that has seen heavy circulation may be worth only a modest amount above silver value. However, coins with sharp details and minimal wear can be worth hundreds or even thousands of dollars.
Coins are typically graded on a scale from Poor to Mint State. Mint State coins show no wear and retain their original mint luster. High Mint State examples are extremely difficult to find for 1917 issues and are the main reason some of these coins reach four or five figure prices.
Even small differences in grade can result in large jumps in value, especially for scarce mint mark varieties.
Rare 1917 Walking Liberty Half Dollars Worth Thousands
Certain 1917 Walking Liberty Half Dollars stand out as true rarities. A 1917 S with the mint mark on the obverse in Mint State condition is one of the most valuable examples. These coins are rarely found with full detail and clean surfaces.
Another highly valuable coin is the 1917 D obverse mint mark in high grade. Because fewer of these coins survived without heavy wear, collectors are willing to pay a premium for well preserved examples.
Prooflike surfaces, exceptional eye appeal, and strong strikes can further increase a coin value. Coins with these qualities often sell for far more than typical price guides suggest.
Common Problems That Lower Value
Not every old coin is valuable. Many 1917 Walking Liberty Half Dollars suffer from common issues that reduce their worth. Cleaning is one of the biggest problems. Cleaned coins often lose their natural luster and develop unnatural surfaces, making them less desirable to collectors.
Damage such as scratches, dents, or rim issues can also significantly lower value. Coins that have been altered or polished are generally avoided by serious collectors.
Environmental damage like corrosion or discoloration may also reduce value, especially if it affects the overall appearance of the coin.
How to Tell If Your Coin Is Authentic
Because valuable Walking Liberty Half Dollars can be worth large sums of money, counterfeits do exist. Authentic coins have specific weight, diameter, and design details that are difficult to replicate perfectly.
If you believe you own a valuable 1917 Walking Liberty Half Dollar, it is wise to have it examined by a professional coin dealer or grading service. Authentication not only protects you from fraud but can also significantly increase the coin resale value if it is certified.
Is the 1917 Walking Liberty Half Dollar a Good Investment
For collectors and investors alike, the 1917 Walking Liberty Half Dollar remains a strong choice. Its combination of historical significance, beautiful design, and limited supply ensures ongoing demand. While common examples may not see dramatic price increases, rare varieties in high condition have shown steady long term appreciation.
As with any collectible, knowledge is key. Understanding which versions are rare and learning how to evaluate condition can make a major difference in success.
Final Thoughts on the 1917 Walking Liberty Half Dollar
The 1917 Walking Liberty Half Dollar is more than just an old coin. It is a piece of American history and a work of art. While many examples are affordable for beginners, some rare varieties are truly treasures worth thousands of dollars.
Whether you are a casual collector or a serious investor, learning about the different mint marks, varieties, and grading standards can help you appreciate the true value of this iconic coin. With careful study and a bit of luck, owning a rare 1917 Walking Liberty Half Dollar can be both financially rewarding and personally satisfying.