1917 Walking Liberty Half: The 1917 Walking Liberty Half Dollar is among the most iconic coins in U.S. numismatic history. Designed by Adolph A. Weinman, this coin series ran from 1916 to 1947, captivating collectors with its artistic design and historical significance. The 1917 issue is particularly notable for its rare mint mark variations and high demand among collectors, with some examples reaching values of up to $175,000.
1917 Walking Liberty Half Dollar Value Chart
| Variety | Good (G-4) | Fine (F-12) | Extremely Fine (EF-40) | Mint State (MS-65) |
|---|---|---|---|---|
| 1917 (No Mint Mark) | $20 | $40 | $150 | $5,000+ |
| 1917-D Obverse | $50 | $150 | $1,000 | $50,000+ |
| 1917-D Reverse | $30 | $75 | $400 | $15,000+ |
| 1917-S Obverse | $75 | $200 | $1,500 | $175,000+ |
| 1917-S Reverse | $40 | $100 | $600 | $20,000+ |
Historical Background
The year 1917 was a turning point in American history, with the United States entering World War I and economic changes reshaping society. The Walking Liberty Half Dollar reflects this era, blending patriotic symbolism with artistic craftsmanship. Lady Liberty strides confidently toward the rising sun, draped in the American flag, while the reverse showcases a strong eagle perched on a rock, symbolizing resilience and strength.
Design Features
The coin’s obverse portrays Liberty walking gracefully toward the dawn of a new day, holding laurel and oak branches that signify peace and military might. On the reverse, a majestic eagle perches on a rugged mountain crag with a small pine sapling growing from the rock. The combination of artistry and symbolism has made this design one of the most celebrated in American coinage history.
Mint Marks and Varieties
The 1917 Half Dollar was minted at Philadelphia (no mint mark), Denver (D), and San Francisco (S). Unique to this year, mint marks were sometimes placed on the obverse and other times on the reverse, creating several collectible varieties:
- 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 the rarity and value of each coin.
Rarity and Collectibility
Coins with mint marks on the obverse are generally scarcer than reverse-mint-mark examples. San Francisco Mint coins, particularly in high grades, are challenging to locate. Collectors often aim to assemble full sets of all 1917 varieties, driving demand and increasing prices.
Value Factors
The value of a 1917 Walking Liberty Half Dollar depends on several factors:
- Mint mark location (obverse vs. reverse)
- Mint of origin (Philadelphia, Denver, San Francisco)
- Coin condition (circulated, uncirculated, or proof-like)
- Rarity of surviving examples
- Eye appeal and strike quality
- Grading certification
Grading and Condition
Grading is critical for determining coin value. The Sheldon Scale, ranging from P-1 to MS-70, is the industry standard. Coins graded MS-65 or higher are exceptionally rare and highly valuable. Even minor differences in grade can drastically affect pricing.
Example grading for the 1917 Half Dollar:
- Good (G-4): Heavy wear, main details visible
- Fine (F-12): Moderate wear, Liberty’s figure distinct
- Extremely Fine (EF-40): Light wear, sharp design elements
- About Uncirculated (AU-50): Slight wear on high points
- Mint State (MS-60 to MS-70): Full luster, no wear
Auction Records and Notable Sales
Some 1917 Walking Liberty Half Dollars, especially the 1917-S Obverse Mint Mark in high grades, have sold for over $150,000 at auctions. These sales reflect the coin’s rarity and collector demand.
Investment Potential
Beyond its collectible appeal, the 1917 Walking Liberty Half Dollar can be a strong investment. Rare coins, particularly in high grades, often appreciate over time due to historical importance and aesthetic value. Investors typically focus on well-preserved specimens for maximum returns.
Tips for Collectors
- Purchase from reputable dealers or certified auctions
- Verify authenticity and grading with professional services
- Prioritize coins with strong eye appeal and sharp strikes
- Consider collecting all mint mark varieties
- Store coins in protective holders away from humidity and sunlight
Preservation and Care
Maintaining the condition of rare coins is essential. Handle minimally and use gloves to avoid oils or dirt. Proper storage in secure, climate-controlled holders preserves value and ensures longevity.
Final Verdict
The 1917 Walking Liberty Half Dollar is a masterful example of U.S. coinage, combining historical significance, artistic elegance, and rarity. Its collector and investment potential make it a highly sought-after piece, with some examples reaching $175,000 in value. Collectors and investors alike recognize this coin as a tangible piece of American history and enduring freedom.
Disclaimer
Values listed in this guide are approximate and fluctuate based on market demand, coin condition, and auction results. Prospective buyers should consult certified professionals before making purchases.
