Renowned for its artistic elegance, the Walking Liberty half dollar is often considered one of the most beautiful coins ever issued by the United States Mint. Its blend of a powerful design and high silver purity has made it an enduring favorite among contemporary numismatists and collectors alike.
Among the various issues of the Walking Liberty half dollar, the 1917 series is especially sought after by collectors due to its unique characteristics
The 1917 edition of the Walking Liberty half dollar holds special appeal due to its variety and historical quirks. Though minted at three different locations, it stands out for having five distinct types. This variety stems from a mid-year change in the placement of the mint mark, creating both obverse and reverse versions from the same minting locations.
1917 Half Dollar Value Breakdown
| Mint Mark | Fine | AU58 | MS63 | MS65 | MS67 |
|---|---|---|---|---|---|
| 1917 No Mint Mark | $45 | $225 | $400 | $1,250 | $38,500 |
| 1917 “D” Obverse | $175 | $1,050 | $2,350 | $7,750 | – |
| 1917 “D” Reverse | $125 | $1,625 | $2,600 | $11,500 | – |
| 1917 “S” Obverse | $300 | $5,000 | $8,750 | $26,000 | $175,000 |
| 1917 “S” Reverse | $90 | $1,050 | $2,250 | $13,500 | $75,000 |
Grading the 1917 Half Dollar
To evaluate the worth of your 1917 Walking Liberty half dollar, accurate grading is essential. Examine the coin closely under a good light source to assess its shine and the precision of its features. Circulated coins usually exhibit signs of wear, causing finer design elements to appear smoothed out or faint. In contrast, uncirculated coins often retain their original brilliance, with clear, well-defined motifs and little to no signs of handling.
When uncertain about a coin’s condition, use a general grading scale: coins from Basal State-1 to Good will display heavy wear and missing detail; those from Very Fine to About Uncirculated will retain more features but show some use; and Mint State coins will appear nearly flawless with strong luster and clarity.
1917 No Mint Mark Half Dollar
Designed by sculptor Adolph A. Weinman, the 1917 Walking Liberty half dollar features Lady Liberty moving toward the sunrise, clutching oak and laurel branches symbolizing strength and victory. The reverse shows a fierce bald eagle perched on a rocky ledge next to a pine sapling.
The Philadelphia Mint struck about 12.3 million of these coins, making them among the more available issues. Still, the 90% silver composition ensures that they hold intrinsic and collectible value. In fine condition, this coin is worth about $45, while top-tier examples graded MS67—of which only eight are confirmed—can command as much as $38,500.
1917 D Obverse Half Dollar
This variety is among the unique issues created before the mint mark was relocated. Early in 1917, the Denver Mint placed the “D” mint mark on the front of the coin, directly beneath the motto “In God We Trust.” Only 765,400 of these coins were minted with this placement, making them relatively rare.
In uncirculated conditions, especially in MS66 grade, these coins are extremely desirable and can be valued at approximately $52,500 due to their limited numbers and historical significance.
1917 D Reverse Half Dollar
Following the change in mint mark position to the back of the coin, the Denver Mint produced a significantly larger quantity—around 1.94 million—of the D Reverse version.
While this suggests greater availability, high-grade examples remain relatively scarce. Collectors value uncirculated versions of this coin far more highly than those of lower grades. For instance, an MS65 D Reverse can reach a market value of up to $11,500. The few known MS67 specimens are even more prized, sometimes valued as high as $55,000 due to their rarity and condition.
1917 S Obverse Half Dollar
The 1917 S Obverse half dollar is one of the rarest and most valuable types in the Walking Liberty collection. Struck in very limited numbers—just 200,000—the coin is exceptionally hard to find, especially in uncirculated condition.
Even in fine condition, it can fetch around $300. However, prices climb sharply with grade: MS65 coins are worth up to $26,000, while the highest-graded pieces, rated MS67, have sold for an astonishing $175,000, making this one of the most expensive coins in the series.
1917 S Reverse Half Dollar
Though the San Francisco Mint struck more of the S Reverse type than the Obverse version, this variety remains highly collectible. The higher mintage does not detract from its appeal, especially in pristine condition. In circulated grades, these coins are still relatively accessible, but uncirculated examples can command significant premiums.
MS65 coins may sell for around $13,500, and the most pristine MS67 coins can be valued as high as $75,000, reflecting both their beauty and collector demand.
Delamination Errors
Some 1917 Walking Liberty half dollars exhibit what are known as delamination errors—metal flaws resulting from improper bonding of metal layers.
While not officially classified as mint errors, these defects are unusual and collectible. When such errors are present and visible, they can boost the desirability and market value of the coin among collectors who seek unique pieces.
Selling Your 1917 Walking Liberty Half Dollar
If you’re planning to sell a 1917 Walking Liberty half dollar, it’s crucial to go through reliable avenues. You can approach reputable numismatic dealers or use trusted online platforms that provide expert appraisals and secure transactions.
By accurately identifying the mint mark, assessing the grade, and understanding how rare your particular variety is, you can ensure you get a fair and competitive price in the market.
FAQs
What does the mint mark on a 1917 half dollar indicate?
The mint mark shows which U.S. Mint facility produced the coin. Coins from Philadelphia have no mint mark, those from Denver show a “D,” and San Francisco coins display an “S.” In 1917, a shift in mint mark placement from the front to the back led to multiple collectible varieties.
How much silver is in a 1917 half dollar?
Each 1917 Walking Liberty half dollar is made up of 90% silver and 10% copper. This composition was standard for many U.S. coins during the early 20th century, contributing to the coin’s intrinsic and collectible value.
Why are 1917 half dollars so valuable?
The high silver content, historic significance, and iconic design by Adolph A. Weinman all contribute to the coin’s value. Furthermore, certain varieties—especially those in high-grade condition—are considered rare and can command premium prices.
What is the difference between the 1917 D Obverse and D Reverse half dollars?
The key difference lies in the location of the mint mark. The D Obverse variety has the “D” mint mark on the front of the coin below “In God We Trust,” while the D Reverse has it on the back. This change occurred halfway through the year, creating two distinct types.
How do I properly grade a 1917 half dollar?
To grade your coin, observe how much original luster remains, the detail of Liberty’s figure and the eagle, and how much wear is evident. Higher-grade coins like MS65 or better should have minimal wear and sharp features. Lower grades will exhibit wear and blurred design details, affecting value.
