1923-S Walking Liberty Half Dollar Value
Depending on how well it survived, a 1923-S Walking Liberty Half Dollar brings anywhere from $24.50 to $1,155, while the raw metal inside it is valued at $13.20 as of 2026-06-01 Certified examples in top grades can run far higher.
1923-S Walking Liberty Half Dollar value by grade
| Grade | Estimated value |
|---|---|
| Melt value floor(metal content, 2026-06-01) | $13.20 |
| Good (G-4) | $24.50 to $36.50 |
| Very Good (VG-8) | $31.50 to $46.00 |
| Fine (F-12) | $40.50 to $59.50 |
| Very Fine (VF-20) | $56.00 to $82.50 |
| Extremely Fine (XF-40) | $84.00 to $124 |
| About Uncirculated (AU-50) | $123 to $182 |
| Mint State (MS-60) | $191 to $281 |
| Choice Unc (MS-63) | $337 to $495 |
| Gem Unc (MS-65) | $786 to $1,155 |
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 1923-S Walking Liberty Half Dollar worth right now?
Figure roughly $24.50 as the realistic floor for a damage-free, well-worn 1923-S Walking Liberty Half Dollar, rising steadily through the grades to about $1,155 for a certified gem. Cleaned or damaged coins trade below these figures, though never below the $13.20 melt floor.
1923-S Walking Liberty Half Dollar specifications
- Series
- Walking Liberty Half Dollar
- Year
- 1923
- Mint mark
- S
- Mintage
- 2,178,000
- 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).
Where is the mint mark on a 1923 Walking Liberty Half Dollar?
To confirm your 1923 coin is the San Francisco issue, find the small "S". On the obverse below IN GOD WE TRUST (1916-1917) or on the reverse at lower left near the rim (1917-1947) The mark is small, so tilt the coin under a light if it is not obvious.
What collectors pay for in a 1923-S Walking Liberty Half Dollar
The mintage of 2,178,000 puts the 1923-S Walking Liberty Half Dollar among the scarcer issues of its series. It is findable, but nice examples take patience, and the market prices that difficulty in.
Beneath the numismatics of the 1923-S Walking Liberty Half Dollar sits 0.3617 troy ounces of silver, $13.20 worth at today's spot price. When silver rallies, even the most common dates of this series rise with it.
There is history in a 1923 Walking Liberty Half Dollar as well. Mint revived its obverse for the American Silver Eagle bullion coin in 1986. That backdrop keeps the series among the most actively collected in American numismatics.
Summary: the 1923-S Walking Liberty Half Dollar is valued between $24.50 and $1,155 as of 2026-06-15. Estimates combine mintage rarity, key-date status and metal content; they are editorial guidance, not an offer to buy.