1918-S Walking Liberty Half Dollar Value

A 1918-S Walking Liberty Half Dollar is worth roughly $13.50 to $132 depending on its condition, and its metal content alone is worth $13.20 as of 2026-06-01 Certified examples in top grades can run far higher.

191850 CENTS50 CENTS
Illustrative rendering. Photographs of this date are being added.

1918-S Walking Liberty Half Dollar value by grade

1918-S Walking Liberty Half Dollar value by grade
GradeEstimated value
Melt value floor(metal content, 2026-06-01)$13.20
Good (G-4)$13.50 to $18.00
Very Good (VG-8)$13.50 to $18.50
Fine (F-12)$13.50 to $19.50
Very Fine (VF-20)$14.50 to $21.00
Extremely Fine (XF-40)$16.50 to $24.00
About Uncirculated (AU-50)$19.50 to $29.00
Mint State (MS-60)$24.50 to $36.50
Choice Unc (MS-63)$33.50 to $49.50
Gem Unc (MS-65)$90.00 to $132

Estimated retail range, updated 2026-06-15. Estimates are modeled from mintage rarity and metal content, not auction records. Actual sale prices vary with certification, eye appeal and market timing.

What is a 1918-S Walking Liberty Half Dollar worth right now?

At the entry level, well-worn examples bring about $13.50. The same coin in gem uncirculated condition is a $132 coin. Grade is everything: two examples of the 1918-S Walking Liberty Half Dollar can differ in price by an order of magnitude based purely on preservation.

1918-S Walking Liberty Half Dollar specifications

Series
Walking Liberty Half Dollar
Year
1918
Mint mark
S
Mintage
10,282,000
Composition
90% silver, 10% copper
Weight
12.5 g
Diameter
30.6 mm
Edge
Reeded
Designer
Adolph A. Weinman
Silver content
0.36169 troy oz

Mintage figure: US Mint reports (approximate).

Identifying the San Francisco mint mark

Flip your 1918 Walking Liberty Half Dollar over and locate the "S". On the obverse below IN GOD WE TRUST (1916-1917) or on the reverse at lower left near the rim (1917-1947) That single letter separates the San Francisco issue from its siblings and can move the price substantially.

What collectors pay for in a 1918-S Walking Liberty Half Dollar

The generous mintage of 10,282,000 keeps this date affordable. That availability is an asset for collectors: it is the textbook choice for owning the Walking Liberty Half Dollar design without a key-date price tag.

A 1918-S Walking Liberty Half Dollar is real bullion as well as a collectible: 0.3617 troy ounces of fine silver, or about $13.20 of metal value in every example, regardless of condition.

The series itself does some of the lifting for the 1918-S Walking Liberty Half Dollar: Mint revived its obverse for the American Silver Eagle bullion coin in 1986. Broad, multigenerational demand for the design gives every date, including this one, a deep and liquid market.

Summary: the 1918-S Walking Liberty Half Dollar is valued between $13.50 and $132 as of 2026-06-15. Estimates combine mintage rarity, key-date status and metal content; they are editorial guidance, not an offer to buy.