The 1917 Walking Liberty Half Dollar is one of the most iconic and valuable U.S. silver coins from the early 20th century. Known for its striking design and historical significance, this coin has captured the attention of collectors and investors alike. Depending on mint mark, condition, and rarity, top examples can fetch up to $175,000 at auction, making it a cornerstone of any serious numismatic collection.
This guide explains how 1917 Walking Liberty values have evolved, which varieties appreciate the most, and what collectors should know to identify and invest in high-value pieces.
Key Factors Driving Value
The value of the 1917 Walking Liberty Half Dollar is influenced by several factors:
- Mint marks: Obverse and reverse mint marks affect scarcity and desirability.
- Condition: Coins graded MS65–MS68 command the highest prices.
- Strike quality: Full Head and Full Strike examples are especially prized.
- Rarity: Low survival rates of high-grade coins increase collector demand.
- Auction trends: Competitive bidding and registry set building push values upward.
Understanding these elements helps collectors and investors make smarter buying decisions.
Value Trends Over Time
Early Circulation (1917–1919)
- Most coins entered daily commerce, limiting the number of high-grade survivors.
- Brilliant uncirculated examples were rarely saved.
- Silver melt value provided a price floor but did not reflect collector premiums.
Growing Numismatic Interest (1920s–1930s)
- Collectors began preserving rolls and separating mint-marked coins.
- Strike definition and luster became key factors in valuation.
- Early auction sales showed rising premiums for high-quality examples.
Mint Mark and Variety Recognition (Mid-Century)
- 1917-D and 1917-S Obverse Mintmark coins gained popularity.
- Reverse mint mark varieties became valuable mid-grade performers.
- Awareness of rarer varieties fueled competitive collecting.
Modern Market (2000s–2025)
- MS67+ coins with Full Head strikes reach record prices.
- Registry sets and online auctions broaden visibility and competition.
- Finest specimens now surpass $175,000, driven by condition rarity and strong collector demand.
Most Valuable 1917 Walking Liberty Coins
- 1917-D Obverse Mintmark: High-grade examples are highly sought.
- 1917-S Obverse Mintmark: Scarce in MS65–MS68, premium pricing applies.
- Full Head / Full Strike coins: Exceptional strike quality doubles or triples value.
- Prooflike or exceptional luster coins: Eye appeal greatly boosts auction prices.
Tips for Collectors
- Always check mint marks and strike details carefully.
- Use magnification to inspect luster and Full Head designation.
- Consider professional grading from NGC or PCGS for high-value coins.
- Track auction results to stay informed on current market trends.
- Prioritize coins with strong eye appeal and clean fields for long-term investment.
FAQs
1. What is the typical value range for a 1917 Walking Liberty Half Dollar?
Values vary widely: circulated coins may sell for $100–$500, while MS65–MS68 coins can reach $50,000–$175,000.
2. How important is the mint mark?
Extremely important. 1917-D and 1917-S mint marks are significantly rarer and more valuable than Philadelphia issues.
3. What makes a Full Head coin special?
A Full Head coin shows complete detail on Liberty’s head, greatly enhancing collector appeal and market price.
4. Should I invest in a high-grade example?
Yes, MS67+ coins hold strong long-term investment potential and often outperform lower grades.
5. Are these coins still available for collectors today?
Yes, but availability is limited, and most high-grade coins are held in private collections or certified registry sets.
Final Verdict
The 1917 Walking Liberty Half Dollar is a timeless combination of artistry, history, and investment potential. From its early circulation to modern auction milestones, this coin continues to be one of the most sought-after U.S. silver half dollars. Collectors seeking rarity, high-grade quality, and long-term appreciation will find the 1917 Walking Liberty a compelling addition to any collection.
Whether you are a seasoned investor or a first-time collector, paying attention to mint marks, condition, and strike details can help uncover the most valuable examples of this classic American coin.