1934-S Walking Liberty Half Dollar Value

A 1934-S Walking Liberty Half Dollar is worth roughly $14.50 to $330 depending on its condition, 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.

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Illustrative rendering. Photographs of this date are being added.

1934-S Walking Liberty Half Dollar value by grade

1934-S Walking Liberty Half Dollar value by grade
GradeEstimated value
Melt value floor(metal content, 2026-06-01)$13.20
Good (G-4)$14.50 to $21.50
Very Good (VG-8)$16.50 to $24.00
Fine (F-12)$18.50 to $27.00
Very Fine (VF-20)$22.00 to $32.00
Extremely Fine (XF-40)$28.00 to $41.50
About Uncirculated (AU-50)$38.00 to $56.00
Mint State (MS-60)$56.00 to $82.50
Choice Unc (MS-63)$90.00 to $132
Gem Unc (MS-65)$224 to $330

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.

How much is a 1934-S Walking Liberty Half Dollar worth today?

In worn but collectible condition (Good-4), a 1934-S Walking Liberty Half Dollar starts around $14.50. From there, value climbs with every grade step: a gem Mint State example (MS-65) can reach $330. Most coins found in old collections fall somewhere between Very Fine and About Uncirculated, the middle rows of the table above.

1934-S Walking Liberty Half Dollar specifications

Series
Walking Liberty Half Dollar
Year
1934
Mint mark
S
Mintage
3,652,000
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 to look for the mint mark

On a 1934-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.

The value drivers behind this coin

Silver content matters for the 1934-S Walking Liberty Half Dollar: 0.3617 oz per coin, valued at $13.20 right now. The melt floor moves daily with the metals market and sets the minimum any dealer will pay.

3,652,000 were struck: enough that circulated examples are obtainable, few enough that Mint State pieces carry real premiums.

There is history in a 1934 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 1934-S Walking Liberty Half Dollar is valued between $14.50 and $330 as of 2026-06-15. Estimates combine mintage rarity, key-date status and metal content; they are editorial guidance, not an offer to buy.