The 1939-S Walking Liberty Half Dollar is a fascinating piece of American coinage that has attracted collectors for decades. Designed by Adolph A. Weinman, this coin stands out for its striking depiction of Lady Liberty. Whether you’re a new collector or an experienced numismatist, this guide will help you understand the coin’s history, features, and current market value.
History of the 1939-S Walking Liberty Half Dollar
After skipping half dollar production in 1938, the San Francisco Mint resumed in 1939, minting 2,552,000 Walking Liberty Half Dollars. This was fewer than those produced by the Denver and Philadelphia mints, making the 1939-S a scarcer find. Although coin collecting wasn’t as popular in the late 1930s, many collectors and speculators set aside large quantities of this coin due to the excitement surrounding new issues.
This interest preserved many high-quality 1939-S coins, which means well-preserved examples are still accessible for today’s collectors. However, finding a coin with a fully detailed “full strike” is somewhat challenging due to difficulties in achieving this quality at the time.
Features and Design of the 1939-S Walking Liberty Half Dollar
The 1939-S Walking Liberty Half Dollar is admired for its intricate design. Below is a table outlining its main design features and specifications:
| Feature | Description |
|---|---|
| Obverse Design | Lady Liberty in a flowing gown, holding branches of laurel and oak. Liberty strides toward the rising sun. |
| Reverse Design | An eagle perched on a rocky outcrop with partially open wings, symbolizing strength and resilience. |
| Edge | Reeded (ridged) |
| Designer | Adolph A. Weinman |
| Mintmark | “S” (for San Francisco), located near the edge below the eagle’s talons |
| Symbolism | Laurel and oak represent civil and military achievements; eagle represents freedom and power. |
Market Value and Availability of the 1939-S Walking Liberty Half Dollar
The 1939-S Walking Liberty Half Dollar is valued based on its condition and rarity in the market. Although the coin is somewhat rare due to its low mintage, collectors saved large quantities, so it remains accessible in most grades. Below is a table of typical prices for various conditions of the 1939-S Walking Liberty Half Dollar.
| Grade | Estimated Price (2024) |
|---|---|
| MS65 | Approximately $275 |
| MS67+ | $4,500 or more |
| MS68 | Over $10,000 (top-pop condition) |
Coins graded MS67+ and MS68, considered “superb” in condition, are much rarer and can command high prices at auctions. The most pristine coins, graded MS68, have been sold for over $10,000, reflecting their top condition and scarcity in the market.
Notable Auction Sales and Population Growth
As collectors continue submitting 1939-S Walking Liberty Half Dollars for grading, the number of coins in top condition has grown. Both the Professional Coin Grading Service (PCGS) and the Numismatic Guaranty Corporation (NGC) have reported an increase in high-quality submissions, with several top-grade coins achieving significant prices at auction. The following table lists some notable auction sales for high-grade 1939-S coins:
| Auction | Grade | Sale Price | Sale Date |
|---|---|---|---|
| Heritage Auctions, Lot 3662 | NGC MS68 | $10,800 | January 21, 2021 |
| Heritage Auctions, Lot 3746 | NGC MS68 | $13,800 | September 5, 2019 |
| GreatCollections, Lot 1153880 | PCGS MS67+ | $6,756.25 | May 22, 2022 |
| Legend Rare Coin Auctions, Lot 297 | PCGS MS67+ | $3,877.50 | October 20, 2022 |
| Heritage Auctions, Lot 3594 | PCGS MS67+ | $4,560 | January 11, 2023 |
This increase in population and auction activity demonstrates the ongoing popularity and demand for the 1939-S Walking Liberty Half Dollar among collectors, especially for coins in superb condition.
Coin Specifications of the 1939-S Walking Liberty Half Dollar
For collectors, understanding a coin’s specifications is key. Here’s a table outlining the technical details of the 1939-S Walking Liberty Half Dollar:
| Specification | Details |
|---|---|
| Country | United States |
| Year of Issue | 1939 |
| Mintmark | S (San Francisco) |
| Mintage | 2,552,000 |
| Composition | 90% silver, 10% copper |
| Weight | 12.5 grams |
| Diameter | 30.6 mm |
| Edge | Reeded |
These specifications not only make the coin valuable but also contribute to its status as a favorite among collectors of American silver coins.
Why the 1939-S Walking Liberty Half Dollar is a Collector’s Favorite
The 1939-S Walking Liberty Half Dollar is popular among collectors for several reasons. Its beautiful design, with Liberty striding forward and an eagle perched on a rock, symbolizes resilience and freedom. Additionally, its relative rarity and potential for high auction value make it an appealing piece for both new and experienced collectors. Coins like the 1939-S Walking Liberty Half Dollar not only carry historical value but are also considered works of art.
Conclusion
The 1939-S Walking Liberty Half Dollar is a notable piece of American history and artistry. Its stunning design by Adolph A. Weinman and its significance as a low-mintage coin from the San Francisco Mint add to its appeal. Collectors can find the 1939-S in various conditions, from affordable grades to high-value, superbly graded pieces. With both aesthetic appeal and investment potential, the 1939-S Walking Liberty Half Dollar is an essential addition for any collection, providing a tangible connection to America’s rich coinage history.
FAQ’s
Why is the 1939-S Walking Liberty Half Dollar popular among collectors?
This coin is loved for its beautiful design by Adolph A. Weinman and relatively low mintage from the San Francisco Mint, making it both visually appealing and collectible.
How much is a 1939-S Walking Liberty Half Dollar worth today?
In average condition, it’s around $275 for MS65, but high-grade versions (MS67+) can sell for over $4,500, and MS68 coins have reached prices above $10,000.
Where can I find the mintmark on a 1939-S Walking Liberty Half Dollar?
The “S” mintmark for San Francisco is located on the reverse side, below the eagle’s talons, near the bottom left edge of the coin.