1917 Walking Liberty Half Dollar Value: The Walking Liberty half dollar, designed by Adolph A. Weinman, is considered one of the most beautiful coins ever produced by the United States Mint. First issued in 1916, it remained in circulation until 1947. Collectors admire its artistry, historical significance, and rarity. Among the most valuable examples is the 1917 Walking Liberty half dollar, which in exceptional condition can be worth as much as $175,000.
Historical Background
The coin was introduced during a time of change in American coinage. Weinman’s design symbolized liberty and progress, with Lady Liberty striding confidently toward the dawn of a new day. The reverse featured a majestic eagle perched on a mountain pine, representing strength and resilience. The 1917 issue came early in the series, making it especially important to collectors.
Mint Marks and Varieties
The 1917 Walking Liberty half dollar was struck at three different mints: Philadelphia (no mint mark), Denver (D), and San Francisco (S). Coins with mint marks can be found on either the obverse or reverse, depending on the variety. This placement difference adds to the coin’s collectibility, as certain varieties are rarer than others.
Why the 1917 Issue Is Valuable
Several factors contribute to the high value of the 1917 Walking Liberty half dollar. Early mintages were relatively low compared to later years, and many coins were lost to circulation wear. High-grade examples are scarce, especially those with sharp details and original luster. Collectors are willing to pay premium prices for coins that have survived in pristine condition.
Condition and Grading
The value of a 1917 Walking Liberty half dollar depends heavily on its grade. Coins are assessed on a scale from Poor (P-1) to Mint State (MS-70). A heavily worn coin may only be worth a few dozen dollars, while a gem-quality coin with no signs of wear can reach six figures. Professional grading services provide certification that ensures authenticity and helps establish market value.
Record Auction Prices
Some 1917 Walking Liberty half dollars have sold for extraordinary amounts at auction. In particular, coins graded MS-67 or higher have commanded prices well into the hundreds of thousands. These record sales highlight the rarity of finding such coins in immaculate condition.
Collecting Tips
For collectors seeking a 1917 Walking Liberty half dollar, it is important to pay attention to mint marks and placement. Coins with the mint mark on the obverse are generally scarcer than those with the mark on the reverse. Using a magnifying glass to inspect details and purchasing coins from reputable dealers or auctions can help avoid counterfeits.
Preservation and Care
Proper storage is essential for maintaining the value of rare coins. Collectors should use protective holders or albums to prevent scratches and tarnish. Avoid cleaning coins, as this can reduce their value. Keeping coins in a stable environment with low humidity will help preserve their condition for future generations.
Investment Potential
Rare coins like the 1917 Walking Liberty half dollar are not only prized collectibles but also strong investments. Their value tends to appreciate over time, especially for high-grade examples. While the coin market can fluctuate, the historical significance and beauty of this coin make it a reliable choice for long-term collectors and investors.
Conclusion
The 1917 Walking Liberty half dollar stands as a masterpiece of American coinage. With its stunning design, historical importance, and rarity, it has become one of the most valuable coins in the series. In exceptional condition, it can be worth up to $175,000, making it a true treasure for collectors. Whether you are an experienced numismatist or a beginner, understanding the significance of this coin can deepen your appreciation for the art and history of American money.
