37 Ultra Rare Pennies The Walking Liberty Half Dollar is often regarded as one of the most visually stunning coins ever produced by the United States Mint. Struck between 1916 and 1947, this masterpiece by Adolph A. Weinman combines patriotic symbolism with refined artistry. Among all dates, the 1917 issue is especially notable due to its multiple mint mark placements, rarity in high grades, and strong collector demand. Some exceptional examples have sold for nearly $175,000, making it a centerpiece 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 as the United States entered World War I. National sentiment and economic pressures influenced coinage, and the Walking Liberty design embodied resilience and optimism. Lady Liberty advancing toward the sunrise symbolized hope, freedom, and strength during uncertain times.
Artistic Design and Symbolism
The obverse depicts Liberty draped in the American flag, confidently stepping forward with branches of peace and endurance. The reverse shows a powerful eagle perched on a rocky ledge beside a pine sapling, representing stability and growth. This imagery has secured the coin’s reputation as one of the most admired designs in U.S. numismatics.
Mint Locations and Unique Mint Mark Positions
The 1917 Walking Liberty Half Dollar was struck in Philadelphia, Denver, and San Francisco. What makes this year unique is the shift in mint mark placement—early issues placed the mark on the obverse, while later strikes 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 primary 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 scarcer, especially in higher grades, with San Francisco issues being particularly rare in mint state condition.
Factors That Influence Value
Key elements that determine value include:
- Mint of origin
- Mint mark position
- Condition and grade
- Surviving population
- Strike quality and eye appeal
Coins with sharp details and minimal wear consistently command higher premiums.
Grading Standards and Condition Sensitivity
The Sheldon scale is used to evaluate condition, ranging from Poor to Mint State. High-grade 1917 Walking Liberty Half Dollars are rare due to circulation and strike weaknesses. Even a single grade increase can significantly raise value.
General grading traits:
- Good: heavy wear, outlines visible
- Fine: moderate detail remains
- Extremely Fine: light wear, strong definition
- About Uncirculated: minimal wear on high points
- Mint State: no wear, full luster
Auction Records and Noteworthy Sales
Auction history demonstrates strong demand. High-grade 1917-S Obverse Mint Mark coins have exceeded $150,000, confirming their status as one of the most valuable Walking Liberty Half Dollars.
Investment Potential
The 1917 Walking Liberty Half Dollar offers both historical and financial appeal. Coins with strong eye appeal, low populations, and professional certification are highly sought after. Advanced collectors often pursue rare varieties for long-term appreciation.
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 and light. Gloves are recommended to prevent oils from damaging surfaces. Proper storage ensures long-term preservation and value retention.
Final Verdict
The 1917 Walking Liberty Half Dollar represents a blend of artistry, history, and rarity. Its unique mint mark varieties and limited high-grade survivors make it one of the most desirable half dollars in American coinage. Whether for passion or investment, it remains a cornerstone of serious collections.
Disclaimer
This guide is for educational purposes only and does not constitute financial or appraisal advice. Coin values fluctuate with market conditions and grading standards. Always consult certified professionals before buying, selling, or insuring any 1917 Walking Liberty Half Dollar.
