The Walking Liberty: A Comprehensive Guide to the Iconic American Coin
The Walking Liberty is a classic American silver coin that was minted from 1916 to 1947. It was designed by Adolph A. Weinman and features a graceful figure of Lady Liberty striding forward with an American flag draped over her shoulder. The coin's reverse depicts an eagle in flight with the motto "E Pluribus Unum" (Out of Many, One).
Historical Significance
The Walking Liberty was created as a replacement for the Barber half dollar, which had been in circulation since 1892. Weinman's design was selected through a public competition held by the United States Mint. The coin was first issued in 1916 and quickly became popular due to its elegant design and inspiring symbolism.
Design Features
The Walking Liberty is known for its distinctive design, which combines elements of Art Nouveau and Classical Greek sculpture. Lady Liberty is depicted in full stride, her flowing hair and gown creating a sense of movement and grace. She holds a torch in her right hand and an olive branch in her left, symbolizing enlightenment and peace. The eagle on the reverse is depicted in mid-flight, its wings outstretched and its talons clutching an olive branch and arrows.
Specifications
- Metal: 90% silver, 10% copper
- Diameter: 30.6 mm (1.205 inches)
- Weight: 12.5 grams (0.44 ounces)
- Thickness: 2.15 mm (0.085 inches)
- Edge: Reeded
- Designer: Adolph A. Weinman
Mintage Figures
The Walking Liberty was minted at six different United States Mint facilities:
Year |
Philadelphia |
Denver |
San Francisco |
1916 |
50,500,000 |
N/A |
2,503,000 |
1917 |
83,471,000 |
N/A |
12,622,000 |
1918 |
101,250,000 |
N/A |
21,625,000 |
1919 |
70,700,000 |
N/A |
4,627,000 |
1920 |
47,980,000 |
N/A |
3,046,000 |
... |
... |
... |
... |
Varieties
There are several varieties of the Walking Liberty half dollar with distinct characteristics:
- Type 1: Minted from 1916 to 1947, featuring a high relief Liberty figure and sharp details.
- Type 2: Minted from 1948 to 1958, featuring a lower relief Liberty figure and slightly softened details.
- Proof: Minted in limited quantities from 1916 to 1942, featuring a mirror-like finish and sharp strikes.
- Matte Proof: Minted in small quantities from 1936 to 1942, featuring a matte or non-reflective finish.
- Reverse of 1943: Minted in 1943 using silver coins that were coated in a white alloy to conserve silver for war production.
Collecting Value
The Walking Liberty half dollar is a highly sought-after collectible, with certain varieties and dates commanding high premiums. The following table provides an estimate of the value of Walking Liberty half dollars in different grades:
Grade |
Value |
Poor |
$10 - $20 |
Fair |
$20 - $40 |
Good |
$40 - $70 |
Very Good |
$70 - $120 |
Fine |
$120 - $200 |
Very Fine |
$200 - $400 |
Extremely Fine |
$400 - $800 |
Uncirculated |
$800 - $2,000+ |
Effective Strategies for Collecting Walking Liberty Half Dollars
- Set a budget: Determine how much you are willing to spend on your collection.
- Research and educate yourself: Learn about the different varieties, grades, and values of Walking Liberty half dollars.
- Attend coin shows and auctions: This is a great opportunity to find specific coins and connect with other collectors.
- Join a coin club or organization: This can provide access to resources and networking opportunities.
- Build relationships with reputable dealers: Find dealers who are honest, knowledgeable, and have a good reputation.
Common Mistakes to Avoid
- Buying without proper research: It is crucial to understand the market before making costly purchases.
- Purchasing coins with significant damage: While some wear is acceptable, avoid coins with major scratches, dents, or other damage.
- Paying too much for common coins: Determine the fair market value of coins before making an offer.
- Buying counterfeits or altered coins: Be wary of coins that appear too good to be true or have unusual characteristics.
- Cleaning coins: Avoid cleaning coins as this can reduce their value.
How to Step-by-Step Approach to Building a Walking Liberty Half Dollar Collection
- Set your collecting goals: Decide which varieties, dates, and grades you want to focus on.
- Determine your budget: Allocate a specific amount of money for your collection.
- Research and learn: Acquire knowledge about the Walking Liberty half dollar and the factors that affect its value.
- Start with common coins: Begin your collection with affordable common coins to gain experience and build a foundation.
- Upgrade gradually: As your budget and knowledge grow, upgrade to more valuable and rare coins.
- Store your collection properly: Use a safe and airtight storage system to protect your coins from damage.
Why Walking Liberty Half Dollars Matter
The Walking Liberty half dollar is more than just a coin. It is a symbol of American history, artistry, and the enduring spirit of freedom. Its timeless design and inspiring imagery continue to captivate collectors and enthusiasts to this day.
Benefits of Collecting Walking Liberty Half Dollars
- Historical and cultural significance: These coins represent an important chapter in American numismatics and history.
- Artistic value: The Walking Liberty half dollar is a masterpiece of design, combining elements of Art Nouveau and Classical Greek sculpture.
- Investment potential: Rare and high-grade Walking Liberty half dollars can appreciate in value over time.
- Educational value: Studying these coins can teach about American history, art, and numismatics.
- Personal enjoyment: Collecting Walking Liberty half dollars can be a rewarding and fulfilling hobby.