1942 Walking Liberty Half Dollar Proof: A Collector’s Guide

The 1942 Walking Liberty Half Dollar Proof is a testament to the artistry and craftsmanship of early 20th-century American coinage. This proof coin, part of the iconic Walking Liberty Half Dollar series, holds a special place in the hearts of collectors due to its stunning design and historical significance. In this guide, we’ll explore the coin’s design, historical context, mintage, value, and tips for collectors.

The Walking Liberty Design

The Walking Liberty design, created by sculptor Adolph A. Weinman, is considered one of the most beautiful in U.S. coinage history.

  • Obverse: The obverse features Lady Liberty striding confidently toward the dawn of a new day, her right arm outstretched. Draped in an American flag and carrying branches of laurel and oak, she symbolizes peace and strength.
  • Reverse: The reverse depicts a majestic bald eagle perched on a rocky crag, wings partially outspread, with a mountain pine growing from the rock, symbolizing resilience and strength.

The design, first introduced in 1916, was so beloved that it was later used as the inspiration for the American Silver Eagle bullion coins introduced in 1986.

Historical Context

The proof version of the Walking Liberty Half Dollar was introduced in 1936 and continued until 1942, the final year proofs were struck before World War II halted their production. The 1942 Proof Walking Liberty Half Dollar was produced at the Philadelphia Mint and marked the end of an era.

Proof coins were initially marketed to collectors as premium versions of circulating coinage. The Philadelphia Mint struck them using specially polished dies and planchets to achieve a mirror-like finish, making them highly desirable for their stunning aesthetic appeal.

Mintage and Rarity

The mintage of the 1942 Proof Walking Liberty Half Dollar was relatively low, with only 21,120 coins produced. Compared to circulating half dollars of the same year, proof coins were made in much smaller numbers, which adds to their rarity and desirability.

As the last proof coin in the series before a three-decade hiatus in proof coinage for half dollars, the 1942 Proof Walking Liberty holds significant historical importance.

Value and Collectibility

The value of a 1942 Proof Walking Liberty Half Dollar depends on its condition, particularly its grade and level of preservation.

  • Typical Prices: Coins in decent condition start around $1,500–$2,000.
  • High-Grade Examples: Coins graded PR66 or higher by PCGS or NGC can fetch prices exceeding $4,000–$5,000.
  • Special Features: Coins with original toning or exceptionally deep mirror surfaces often command premium prices.

The rarity of the coin, combined with its beauty and historical significance, makes it a prized addition to any collection of U.S. coins.

Tips for Collectors

  1. Buy Certified Coins: Proof coins are delicate, and their value is heavily influenced by condition. Always buy coins graded by reputable services like PCGS or NGC.
  2. Inspect Surfaces Carefully: Proof coins are prized for their mirror-like surfaces. Look for examples with minimal scratches, haze, or imperfections.
  3. Store Properly: Use coin holders or cases to protect the coin from scratches, fingerprints, and environmental damage.
  4. Consider Historical Sets: For context, consider collecting other proof coins from the 1936–1942 series to complete the set.

Conclusion

The 1942 Proof Walking Liberty Half Dollar is a stunning coin that combines historical significance, rarity, and beauty. As the final proof coin of its series, it represents a pivotal moment in American numismatics. Whether you’re a seasoned collector or just beginning your journey, this coin is a valuable and cherished addition to any collection. Its timeless design and limited mintage ensure its appeal for generations to come.

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FAQs

1. What is the value of a 1942 Proof Walking Liberty Half Dollar?

The value varies based on condition. A typical 1942 Proof coin is worth around $1,500 to $2,000, but higher-grade coins can sell for $4,000 to $5,000 or more.

2. How rare is the 1942 Proof Walking Liberty Half Dollar?

With only 21,120 coins minted, the 1942 Proof Walking Liberty Half Dollar is considered rare, adding to its desirability among collectors.

3. What makes the 1942 Proof Walking Liberty Half Dollar special?

The coin is admired for its beautiful design and historical significance as the last proof half dollar struck before World War II, making it a key piece for collectors.

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