1928-S Walking Liberty Half Dollar Value
Expect a 1928-S Walking Liberty Half Dollar to trade between about $24.50 and $1,155, driven almost entirely by grade, and its metal content alone is worth $13.20 as of 2026-06-01 Exceptional, certified pieces regularly exceed the top of that range.
1928-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 1928-S Walking Liberty Half Dollar worth right now?
In worn but collectible condition (Good-4), a 1928-S Walking Liberty Half Dollar starts around $24.50. From there, value climbs with every grade step: a gem Mint State example (MS-65) can reach $1,155. Most coins found in old collections fall somewhere between Very Fine and About Uncirculated, the middle rows of the table above.
1928-S Walking Liberty Half Dollar specifications
- Series
- Walking Liberty Half Dollar
- Year
- 1928
- Mint mark
- S
- Mintage
- 1,940,000
- 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 1928 Walking Liberty Half Dollar?
On a 1928-S Walking Liberty Half Dollar, the "S" mint mark of the San Francisco Mint sits on the obverse below IN GOD WE TRUST (1916-1917) or on the reverse at lower left near the rim (1917-1947). A loupe helps: on worn examples the letter can fade into the surrounding devices.
What makes the 1928-S Walking Liberty Half Dollar valuable
The mintage of 1,940,000 puts the 1928-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.
Every 1928-S Walking Liberty Half Dollar contains 0.3617 troy ounces of pure silver, currently worth $13.20. That intrinsic value is a hard floor under the price: no matter how worn the coin, the silver inside cannot be graded away.
Context adds the final layer to the 1928-S Walking Liberty Half Dollar. Liberty strides into the sunrise wrapped in the flag, an image of confident motion unmatched on any circulating coin. Owning this date means owning a piece of that story, and demand for the series as a whole sustains liquidity for every issue in it.
Summary: the 1928-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.