1939-S Walking Liberty Half Dollar Value
A 1939-S Walking Liberty Half Dollar is worth roughly $14.50 to $330 depending on its condition; the melt floor under every example is $13.20 (spot prices as of 2026-06-01) Exceptional, certified pieces regularly exceed the top of that range.
1939-S Walking Liberty Half Dollar value by grade
| Grade | Estimated 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 1939-S Walking Liberty Half Dollar worth today?
In worn but collectible condition (Good-4), a 1939-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.
1939-S Walking Liberty Half Dollar specifications
- Series
- Walking Liberty Half Dollar
- Year
- 1939
- Mint mark
- S
- Mintage
- 2,552,000
- 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).
How to find the S mint mark
Identifying a 1939-S Walking Liberty Half Dollar hinges on one small letter: the "S" of San Francisco. On the obverse below IN GOD WE TRUST (1916-1917) or on the reverse at lower left near the rim (1917-1947) Verify it before pricing the coin, because a 1939 from a different mint can be worth a very different amount.
Why the 1939-S Walking Liberty Half Dollar is worth money
A mintage of 2,552,000 makes the 1939-S Walking Liberty Half Dollar moderately available, though it is noticeably tougher than the bulk dates of the series, particularly in higher grades.
A 1939-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 1939-S Walking Liberty Half Dollar: Adolph Weinman's Walking Liberty half dollar is so admired that the U.S. Broad, multigenerational demand for the design gives every date, including this one, a deep and liquid market.
Summary: the 1939-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.