The Walking Liberty Half Dollar is one of the most admired coins in American numismatics. Struck between 1916 and 1947, it features a design by Adolph A. Weinman that symbolizes freedom and patriotism. Among the series, the 1917 issue stands out as a key collectible, with certain rare varieties worth extraordinary sums. In 2026, collectors continue to seek out these coins, with pristine examples valued at up to $195,000.
The History of the Walking Liberty Half Dollar
Introduced in 1916, the Walking Liberty Half Dollar replaced the Barber Half Dollar. Weinman’s design depicts Lady Liberty striding toward the sunrise, draped in the American flag, carrying branches of laurel and oak. The reverse shows a majestic eagle perched on a rock. The coin was struck in 90% silver, making it both beautiful and valuable. Production continued until 1947, when it was replaced by the Franklin Half Dollar.
Why the 1917 Issue Is Special
The 1917 Walking Liberty Half Dollar is notable for several reasons:
- It was only the second year of issue for the series.
- Both obverse and reverse mint mark placements were used, creating distinct varieties.
- Certain mintages were relatively low, making them harder to find today.
- High‑grade examples are rare due to heavy circulation during the early 20th century.
Rare Varieties of the 1917 Half Dollar
Collectors prize several varieties of the 1917 Walking Liberty Half Dollar:
- 1917 Philadelphia (No Mint Mark): Common in lower grades but valuable in pristine condition.
- 1917‑D Obverse Mint Mark: The Denver mint mark appears on the obverse, making this variety rare and highly collectible.
- 1917‑D Reverse Mint Mark: Another Denver issue, but with the mint mark on the reverse.
- 1917‑S Obverse Mint Mark: San Francisco issue with mint mark on the obverse, scarcer than the reverse variety.
- 1917‑S Reverse Mint Mark: San Francisco issue with mint mark on the reverse, also highly sought after.
Value Factors
The value of a 1917 Walking Liberty Half Dollar depends on several factors:
- Mint Mark Placement: Obverse mint mark varieties are rarer and more valuable.
- Condition: Coins graded MS65 or higher can command extraordinary prices.
- Strike Quality: Well‑struck examples with sharp details are worth more.
- Market Demand: Collector interest drives values upward.
- Historical Rarity: Certain varieties are scarce due to limited mintage.
Record Auction Prices
Some 1917 Walking Liberty Half Dollars have achieved remarkable auction results. High‑grade examples of the 1917‑S Obverse Mint Mark variety have sold for over $195,000. These headline figures highlight the importance of rarity and condition in determining value.
How to Identify Valuable 1917 Half Dollars
Collectors should carefully examine their coins:
- Check for mint marks on both obverse and reverse.
- Inspect the coin’s surfaces for sharp details and minimal wear.
- Look for signs of cleaning, which can reduce value.
- Consider professional grading to confirm authenticity and condition.
Collecting Tips for Beginners
Walking Liberty Half Dollars are an excellent series for new collectors. They are widely admired for their design and historical significance. Beginners can start with common dates, then move toward rarer varieties like the 1917 issues. Joining coin clubs, attending shows, and studying grading standards will help build knowledge and confidence.
Investment Potential
The 1917 Walking Liberty Half Dollar offers strong investment potential. Rare varieties and high‑grade examples can appreciate significantly over time. Investors often focus on certified coins graded MS65 or higher, as these command premium prices. However, values depend on market demand, and collectors should balance passion with investment goals.
Key Highlights
- The Walking Liberty Half Dollar was struck from 1916 to 1947 in 90% silver.
- Designed by Adolph A. Weinman, it symbolizes freedom and patriotism.
- The 1917 issue features both obverse and reverse mint mark varieties.
- Rare varieties include the 1917‑D and 1917‑S Obverse Mint Mark coins.
- High‑grade examples can be worth up to $195,000.
- Collectors value these coins for both historical significance and investment potential.
Final Words
The 1917 Walking Liberty Half Dollar is one of the most iconic coins in American history. Its artistry, silver content, and rarity make it a favorite among collectors and investors. While most examples are affordable, rare varieties and pristine coins can command extraordinary sums. In 2026, the hunt for valuable 1917 Walking Liberty Half Dollars continues to inspire numismatists worldwide. Whether you are drawn to their beauty, history, or investment potential, these coins offer a rewarding journey into the world of coin collecting.
