1917 Walking Liberty Half Dollar: The Walking Liberty Half Dollar stands as one of the most celebrated coins in American numismatic history. Created by Adolph A. Weinman, this coin was first struck in 1916 and continued in production until 1947. Among the series, the 1917 issue is particularly significant due to its historical context, design variations, and rarity. Collectors admire this coin not only for its visual appeal but also for its potential value, with rare examples reaching as high as $175,000.
1917 Walking Liberty Half Dollar Value Overview
| Variety | Mint Mark | Good (G-4) | Fine (F-12) | Extremely Fine (EF-40) | Mint State (MS-65) |
|---|---|---|---|---|---|
| 1917 Philadelphia | None | $20 | $40 | $150 | $5,000+ |
| 1917-D Obverse | D | $50 | $150 | $1,000 | $50,000+ |
| 1917-D Reverse | D | $30 | $75 | $400 | $15,000+ |
| 1917-S Obverse | S | $75 | $200 | $1,500 | $175,000+ |
| 1917-S Reverse | S | $40 | $100 | $600 | $20,000+ |
Historical Background
The year 1917 marked a pivotal era in U.S. history. With the nation entering World War I, American coinage reflected both patriotism and artistic innovation. The Walking Liberty design portrays Lady Liberty advancing confidently toward the rising sun, symbolizing freedom, hope, and progress. The reverse design features a commanding eagle perched on a rocky outcrop, representing strength and resilience.
Design Features
The obverse shows Lady Liberty draped in the American flag, carrying branches of laurel and oak in her left hand to symbolize peace and military readiness. On the reverse, the eagle spreads its wings over a rugged mountain crag, while a sapling of mountain pine grows nearby. This combination of artistry and symbolism makes the coin one of the most admired in U.S. history.
Mint Marks and Varieties
In 1917, the Walking Liberty Half Dollar was minted in Philadelphia (no mint mark), Denver (D), and San Francisco (S). The placement of the mint mark—either on the obverse or reverse—creates distinct varieties highly sought after by collectors.
Varieties of the 1917 Walking Liberty Half Dollar
- 1917 Philadelphia (no mint mark)
- 1917-D Obverse Mint Mark
- 1917-D Reverse Mint Mark
- 1917-S Obverse Mint Mark
- 1917-S Reverse Mint Mark
These variations significantly influence rarity and market value, with obverse mint mark coins often scarcer than reverse mint mark issues.
Rarity and Collectibility
The scarcity of 1917 Walking Liberty Half Dollars varies depending on the mint location and mint mark position. Coins from the San Francisco Mint are generally harder to find in high grades. Collectors often aim to complete full sets of all varieties, which increases demand and enhances overall collectibility.
Value Factors
Several factors affect the value of a 1917 Walking Liberty Half Dollar, including:
- Mint mark placement (obverse vs. reverse)
- Mint location (Philadelphia, Denver, San Francisco)
- Condition and grading
- Strike quality and eye appeal
- Historical significance and rarity
Grading and Condition
Grading is crucial for valuing coins. The Sheldon Scale, ranging from Poor (P-1) to Mint State (MS-70), is commonly used. Coins graded MS-65 or higher are exceedingly rare and command significant premiums. Even minor grade differences can cause substantial value fluctuations.
Example Grading for 1917 Half Dollar
- Good (G-4): Major details visible, heavy wear
- Fine (F-12): Moderate wear, Liberty figure discernible
- Extremely Fine (EF-40): Light wear, sharp details
- About Uncirculated (AU-50): Slight wear on high points
- Mint State (MS-60 to MS-70): No wear, full luster
Auction Records and Notable Sales
High-grade 1917 Walking Liberty Half Dollars, especially the 1917-S Obverse Mint Mark, have sold for over $150,000 at auction. Such sales demonstrate both rarity and collector enthusiasm.
Investment Potential
The 1917 Walking Liberty Half Dollar is not only a prized collector’s coin but also a potential investment. Rare coins with historical significance and superior artistic design tend to appreciate over time. Collectors and investors typically focus on high-grade specimens to maximize potential returns.
Tips for Collectors
- Purchase from reputable dealers or auction houses
- Verify authenticity and grading through professional services
- Prioritize coins with strong eye appeal and strike quality
- Consider completing full sets of all varieties
- Store coins properly to maintain condition
Preservation and Care
Proper coin storage is essential to preserve value. Coins should be kept in protective holders, away from moisture and direct sunlight. Handle coins minimally, and use gloves when necessary to prevent oils and dirt from affecting the surfaces.
Final Verdict
The 1917 Walking Liberty Half Dollar is a masterpiece of American coinage, combining historical relevance, artistic elegance, and rarity. For collectors and investors, owning one represents both a tangible piece of U.S. history and a potentially lucrative asset. Coins in high grades, particularly rare obverse mint mark examples, are among the most sought-after in numismatics.
Disclaimer
This article is for informational and educational purposes only. Coin values can fluctuate depending on condition, rarity, and market demand. Prices listed are approximate and may vary over time. This content does not constitute financial or investment advice. Collectors and investors should conduct independent research or consult professionals before purchasing coins.
