37 Ultra-Rare Pennies Worth: The Walking Liberty Half Dollar is often celebrated as one of the finest artistic achievements in U.S. coinage. Introduced in 1916 and produced through 1947, the coin was designed by renowned sculptor Adolph A. Weinman. Its flowing design and powerful symbolism have made it a favorite among collectors for decades. Among all dates, the 1917 Walking Liberty Half Dollar stands out due to its unusual mint mark placements, scarcity in top condition, and consistently strong market demand. In 2026, exceptional examples can reach prices as high as $175,000.
1917 Walking Liberty Half Dollar Value Overview 2026
| Variety | Mint Mark Location | Typical Value Range 2026 |
|---|---|---|
| 1917 Philadelphia | No mint mark | $60 to $6,000 |
| 1917-D Obverse | Front of coin | $1,200 to $175,000 |
| 1917-D Reverse | Back of coin | $90 to $12,000 |
| 1917-S Obverse | Front of coin | $1,000 to $150,000 |
| 1917-S Reverse | Back of coin | $85 to $10,000 |
Historical Background of the 1917 Issue
The year 1917 marked a turning point in American history as the United States entered World War I. This era brought rapid industrial growth and major societal change, all of which influenced everyday commerce and coin usage. The Walking Liberty design captured the national mood by portraying optimism and resilience during uncertain times. These historical circumstances add depth and significance to the 1917 half dollar, increasing its appeal among collectors.
Design and Symbolism
The front of the coin shows Lady Liberty moving confidently toward the sunrise, wrapped in the American flag and carrying branches of laurel and oak. These elements symbolize peace, strength, and national unity. On the reverse, a powerful eagle rests on a rocky outcrop next to a young pine tree, representing endurance and renewal. The balance of movement and strength in the design is a major reason the Walking Liberty Half Dollar is considered a masterpiece of U.S. coin art.
Mint Marks and Varieties
The 1917 Walking Liberty Half Dollar was struck at three U.S. Mint facilities: Philadelphia, Denver, and San Francisco. During the year, mint mark placement was changed, creating two distinct varieties for Denver and San Francisco issues. Early coins display the mint mark on the obverse, while later strikes show it on the reverse. This resulted in five recognized varieties, with obverse mint mark coins being far rarer, especially in higher grades.
Condition and Grading Impact
Condition plays a decisive role in determining the value of a 1917 Walking Liberty Half Dollar. Coins are graded using the Sheldon scale, from heavily worn examples to pristine Mint State pieces. Many 1917 coins were weakly struck or heavily circulated, making sharply detailed examples scarce. Even a one-point increase in grade can result in a dramatic jump in value, particularly for obverse mint mark varieties.
Collecting and Investment Considerations
Collectors interested in 1917 Walking Liberty Half Dollars should prioritize authenticity, eye appeal, and professional grading. Certified coins from respected grading services provide confidence and market liquidity. Building a complete set of all mint mark varieties is a popular goal among advanced collectors. Long-term preservation using protective holders and controlled storage conditions helps maintain both value and visual quality.
Market Outlook in 2026
In 2026, demand for early Walking Liberty Half Dollars remains strong. Rising interest in classic U.S. silver coins and limited high-grade availability continue to support prices. Obverse mint mark varieties, in particular, are viewed as cornerstone investments within the series, often achieving record prices at major auctions.
Final Verdict
The 1917 Walking Liberty Half Dollar represents a perfect blend of historical importance, artistic excellence, and numismatic rarity. Its distinctive mint mark varieties and scarcity in high grades make it one of the most sought-after half dollars in American coin collecting. Whether pursued for passion or portfolio value, this coin remains a standout classic in 2026.
Disclaimer
This article is intended for informational and educational purposes only. Coin values can change based on market trends, grading standards, and collector demand. This content should not be considered financial or investment advice. Always consult certified numismatic professionals or reputable grading services before buying, selling, or insuring any 1917 Walking Liberty Half Dollar.
