Rare 1917 Walking Liberty Half Dollar Explained Collector’s Value Guide and Hidden Treasure Worth Thousands

The Walking Liberty Half Dollar is widely regarded as one of the most beautiful coins in American history. Designed by Adolph A. Weinman, it was minted from 1916 to 1947 and remains a favorite among collectors. The 1917 issue is especially significant, not only for its artistry but also for its rarity in high grades. While most examples are long gone from circulation, occasional finds still occur, sparking excitement among collectors. In 2026, the 1917 Walking Liberty Half Dollar continues to command strong values, with rare varieties worth thousands.

The History of the Walking Liberty Half Dollar

Introduced in 1916, the Walking Liberty Half Dollar replaced the Barber Half Dollar. Weinman’s design features Lady Liberty striding toward the sunrise, draped in the American flag, carrying branches of laurel and oak. The reverse depicts a majestic eagle perched on a rock. The coin’s design was so admired that it later inspired the American Silver Eagle bullion coin introduced in 1986. The 1917 issue is notable because it was struck with mintmarks appearing in two different positions: on the obverse and on the reverse.

Why the 1917 Issue Is Special

The 1917 Walking Liberty Half Dollar stands out for several reasons. First, it was only the second year of issue, making it historically significant. Second, the mintmark placement changed during 1917, creating two distinct varieties. Coins struck at Denver and San Francisco can be found with mintmarks on either the obverse or reverse. This variety adds interest and value for collectors. Finally, the coin’s silver content provides a base value, but rarity and condition drive prices much higher.

Mintages and Varieties

The 1917 Walking Liberty Half Dollar was struck at three mints: Philadelphia, Denver, and San Francisco. Philadelphia coins carry no mintmark, while Denver and San Francisco coins feature mintmarks. Early in 1917, mintmarks appeared on the obverse, but later issues placed them on the reverse. Collectors often seek both varieties, making the 1917 issue especially appealing.

Chart: 1917 Walking Liberty Half Dollar Values in 2026

VarietyConditionEstimated Value (USD)
1917 (Philadelphia, no mintmark)MS-65$1,000 – $3,000
1917-D Obverse MintmarkMS-65$1,500 – $4,000
1917-D Reverse MintmarkMS-65$2,000 – $5,000
1917-S Obverse MintmarkMS-65$3,000 – $7,000
1917-S Reverse MintmarkMS-65$5,000 – $10,000+

Values vary widely depending on grade, with circulated examples worth far less but still commanding premiums above silver melt value. High-grade coins certified by professional grading services are especially valuable.

How to Spot Valuable 1917 Half Dollars

Collectors should examine coins carefully for mintmarks and their placement. Obverse mintmarks appear below “In God We Trust” on the front of the coin, while reverse mintmarks appear near the eagle’s tail feathers. Condition is critical, with sharp details and minimal wear increasing value. Coins with full strike details, especially in Liberty’s hand and the eagle’s feathers, are prized. Professional grading services can confirm authenticity and provide accurate valuations.

Collecting Trends in 2026

In 2026, the Walking Liberty Half Dollar remains one of the most popular U.S. coin series. Auction houses report strong demand for early issues, especially the 1917 varieties. Online marketplaces make it easier for collectors to buy and sell, while social media has fueled interest among younger enthusiasts. The combination of beauty, rarity, and investment potential ensures that the 1917 Walking Liberty Half Dollar continues to attract attention.

Tips for Collectors

  • Study reference guides to learn about mintmark varieties
  • Examine coins carefully for strike quality and condition
  • Consider professional grading for high-value specimens
  • Store coins properly to prevent tarnish and damage
  • Follow auction trends to understand current market demand

Key Highlights

  • The Walking Liberty Half Dollar was introduced in 1916 and remains a collector favorite
  • The 1917 issue is notable for mintmarks appearing on both obverse and reverse varieties
  • Values in 2026 range from hundreds for circulated coins to over $10,000 for high-grade rarities
  • Condition and rarity are the most important factors in determining value
  • The coin remains one of the most beautiful and collectible U.S. designs

Final Words

The 1917 Walking Liberty Half Dollar proves that even coins struck more than a century ago can still hold extraordinary value. With its stunning design, unique mintmark varieties, and rarity in high grades, it continues to inspire fascination among collectors. In 2026, the hunt for these coins remains as exciting as ever, offering both historical insight and the possibility of hidden fortune. Whether you are a seasoned numismatist or a curious beginner, exploring the 1917 Walking Liberty Half Dollar is a rewarding journey through American history and coinage.