1937 Walking Liberty Half Dollar: A Collector’s Guide

The 1937 Walking Liberty Half Dollar is a stunning example of American coin artistry and a favorite among numismatists. Designed by Adolph A. Weinman, the Walking Liberty Half Dollar series ran from 1916 to 1947 and remains one of the most iconic coin designs in U.S. history. While the 1937 issue isn’t a key date in the series, it’s a highly collectible coin that represents the beauty, history, and craftsmanship of early 20th-century American coinage.

History and Background

The Walking Liberty Half Dollar was introduced in 1916, replacing the Barber Half Dollar. Weinman’s design was inspired by American ideals of freedom and prosperity. The obverse features Lady Liberty striding confidently toward the dawn of a new day, draped in the American flag. The reverse showcases a majestic bald eagle perched on a rock with outstretched wings, symbolizing strength and readiness.

The 1937 Walking Liberty Half Dollar was minted during a period of economic recovery following the Great Depression. While not a rare coin, it is an excellent representation of the artistry and cultural values of its time.

Design and Specifications

The 1937 Walking Liberty Half Dollar features Weinman’s timeless design, considered one of the most beautiful in U.S. coinage.

  • Obverse (Front): Lady Liberty strides toward the rising sun, carrying branches of laurel and oak to symbolize peace and strength. The inscriptions “LIBERTY,” “IN GOD WE TRUST,” and the year “1937” are prominently displayed.
  • Reverse (Back): A powerful eagle stands atop a mountain, with the legend “UNITED STATES OF AMERICA,” the denomination “HALF DOLLAR,” and the motto “E PLURIBUS UNUM.”

Specifications:

  • Composition: 90% silver, 10% copper
  • Weight: 12.50 grams
  • Diameter: 30.6 mm
  • Edge: Reeded

Mintage and Rarity

The 1937 Walking Liberty Half Dollar was struck at three U.S. Mint facilities: Philadelphia, Denver, and San Francisco. The mintages for each are as follows:

  • Philadelphia (No Mintmark): 9,522,000
  • Denver (D Mintmark): 2,792,000
  • San Francisco (S Mintmark): 2,090,000

Among these, the San Francisco Mint issue is the scarcest and most sought-after, particularly in higher grades.

Value and Collectibility

The value of a 1937 Walking Liberty Half Dollar depends on its mintmark, condition, and overall eye appeal. Prices generally range as follows:

  • Good (G-4): $15–$20
  • Fine (F-12): $20–$30
  • Extremely Fine (EF-40): $35–$50
  • Uncirculated (MS-60 and above): $75–$300+

Coins with exceptional luster, minimal wear, and strong strikes command premium prices. Certified examples graded by PCGS or NGC are especially valuable to collectors.

Tips for Collectors

  1. Focus on Condition: Higher-grade coins with sharp details and minimal wear are more desirable. Look for well-struck examples where Lady Liberty’s gown and the eagle’s feathers are fully detailed.
  2. Check for Mintmarks: The “D” or “S” mintmarks can be found on the reverse, below the eagle. Coins from the San Francisco Mint tend to be scarcer and more valuable.
  3. Buy Certified Coins: To ensure authenticity and quality, consider purchasing coins graded by professional services like PCGS or NGC.
  4. Consider Eye Appeal: Coins with vibrant toning or exceptional luster can fetch higher premiums.

Conclusion

The 1937 Walking Liberty Half Dollar is a testament to Weinman’s artistic genius and the U.S. Mint’s commitment to producing beautiful, meaningful coinage. While not a rare coin, its historical significance and timeless design make it a prized addition to any collection. For those looking to own a piece of American history, the 1937 Walking Liberty Half Dollar is an excellent choice, embodying the spirit and resilience of the era in which it was minted.

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FAQs

1. How much is a 1937 Walking Liberty Half Dollar worth?

The value ranges from $15 in Good condition to $300 or more in uncirculated grades, depending on the mintmark and overall quality.

2. Where is the mintmark located on the 1937 Walking Liberty Half Dollar?

The mintmark can be found on the reverse, just below the eagle and to the left of the “HALF DOLLAR” inscription.

3. Why is the Walking Liberty Half Dollar series popular among collectors?

The series is admired for its iconic design by Adolph A. Weinman, historical significance, and the high silver content, making it both beautiful and valuable.

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