37 Ultra Rare Pennies Worth Big Money in 2026 The Walking Liberty Half Dollar is often regarded as one of the most visually striking coins ever produced by the United States Mint. Struck between 1916 and 1947 and designed by Adolph A. Weinman, this series combines patriotic symbolism with refined artistry. Among all dates, the 1917 Walking Liberty Half Dollar is especially notable because of its multiple mint mark placements, limited surviving examples in high grades, and strong collector demand. Some pristine coins have sold for nearly $175,000, making them highly desirable for advanced numismatists.
1917 Walking Liberty Half Dollar Varieties and Value Chart
| Variety | Mint Mark Placement | G-4 | F-12 | EF-40 | MS-65 |
|---|---|---|---|---|---|
| 1917 Philadelphia | None | $20 | $40 | $150 | $5,000+ |
| 1917-D Obverse | Front | $50 | $150 | $1,000 | $50,000+ |
| 1917-D Reverse | Back | $30 | $75 | $400 | $15,000+ |
| 1917-S Obverse | Front | $75 | $200 | $1,500 | $175,000+ |
| 1917-S Reverse | Back | $40 | $100 | $600 | $20,000+ |
Historical Context of the 1917 Walking Liberty Half Dollar
The year 1917 was pivotal for the United States as the nation entered World War I. Economic challenges and patriotic fervor influenced coinage designs. The Walking Liberty motif reflected optimism and resilience, with Liberty striding toward the rising sun as a symbol of hope, freedom, and national strength.
Artistic Design and Symbolism
The obverse depicts Lady Liberty draped in the American flag, confidently moving forward while holding branches that represent peace and endurance. The reverse shows a powerful eagle perched on a rocky ledge beside a pine sapling, symbolizing stability and growth. This artistry is why the Walking Liberty Half Dollar is often ranked among the most admired U.S. coin designs.
Mint Locations and Unique Mint Mark Positions
The 1917 issue was produced at Philadelphia, Denver, and San Francisco. What makes this year unusual is the shift in mint mark placement. Early strikes placed the mint mark on the obverse, while later issues moved it to the reverse. This change created multiple collectible varieties within a single year.
Recognized 1917 Walking Liberty Half Dollar Varieties
Collectors identify five main varieties:
- 1917 Philadelphia without mint mark
- 1917-D with obverse mint mark
- 1917-D with reverse mint mark
- 1917-S with obverse mint mark
- 1917-S with reverse mint mark
Obverse mint mark coins are generally harder to find, especially in mint state condition. San Francisco issues are particularly rare in high grades.
Factors That Influence Value
Several elements determine market value:
- Mint of origin
- Mint mark placement
- Overall condition
- Surviving population
- Strike sharpness and eye appeal
Coins with crisp details and minimal wear often command significant premiums.
Grading Standards and Condition Sensitivity
The Sheldon scale is used to assess condition, ranging from Poor to Mint State. High-grade 1917 Walking Liberty Half Dollars are scarce due to circulation and strike weaknesses. Even a single grade increase can dramatically raise value.
- Good grades show heavy wear with outlines visible
- Fine grades retain moderate detail
- Extremely Fine grades show light wear with strong definition
- About Uncirculated coins display minimal wear
- Mint State coins retain full luster and no wear
Auction Records and Noteworthy Sales
Auction history demonstrates strong demand. High-grade 1917-S Obverse Mint Mark coins have sold for more than $150,000, confirming their position among the most valuable Walking Liberty Half Dollars. Consistent auction results highlight long-term collector confidence.
Investment Potential
The 1917 Walking Liberty Half Dollar offers both historical appeal and investment promise. Coins with strong eye appeal, low populations, and professional certification tend to appreciate over time. Advanced collectors often pursue rare varieties and high-grade examples for long-term growth.
Collector Tips
- Purchase from reputable dealers or auctions
- Favor professionally graded coins
- Prioritize strike quality and originality
- Collect all mint mark varieties for completeness
- Store coins properly to preserve condition
Proper Preservation and Storage
Coins should be kept in inert holders, away from humidity, light, and frequent handling. Gloves help prevent oils from damaging surfaces. Proper care ensures long-term preservation and value retention.
Final Verdict
The 1917 Walking Liberty Half Dollar represents a blend of American history, artistry, and rarity. Its unique mint mark varieties and limited high-grade survivors make it one of the most sought-after half dollars in U.S. coinage. Whether collected for passion or investment, this coin remains a cornerstone of serious numismatic collections.
Disclaimer
This article is for educational purposes only and does not constitute financial, investment, or appraisal advice. Coin values fluctuate based on market conditions and grading standards. Always consult certified professionals before buying, selling, or insuring any 1917 Walking Liberty Half Dollar.
