1939 Walking Liberty Half Dollar Value
Expect a 1939 Walking Liberty Half Dollar to trade between about $13.50 and $132, driven almost entirely by grade, and its metal content alone is worth $13.20 as of 2026-06-01 The figures below break the range down grade by grade.
1939 Walking Liberty Half Dollar value by grade
| Grade | Estimated 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 the 1939 Walking Liberty Half Dollar selling for today?
In worn but collectible condition (Good-4), a 1939 Walking Liberty Half Dollar starts around $13.50. From there, value climbs with every grade step: a gem Mint State example (MS-65) can reach $132. Most coins found in old collections fall somewhere between Very Fine and About Uncirculated, the middle rows of the table above.
1939 Walking Liberty Half Dollar specifications
- Series
- Walking Liberty Half Dollar
- Year
- 1939
- Mint mark
- None (Philadelphia)
- Mintage
- 6,812,000
- 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).
The missing mint mark, explained
Philadelphia struck the 1939 Walking Liberty Half Dollar, and Philadelphia coins of this period carry no mint mark at all. An empty space at the usual mint mark position (On the obverse below IN GOD WE TRUST (1916-1917) or on the reverse at lower left near the rim (1917-1947)) confirms a Philadelphia strike, not a flaw.
What makes the 1939 Walking Liberty Half Dollar valuable
With 6,812,000 struck, the 1939 Walking Liberty Half Dollar is one of the more available dates of its series. Its value rests on metal content and condition rather than absolute rarity, which makes it an ideal type coin.
Every 1939 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.
There is history in a 1939 Walking Liberty Half Dollar as well. Liberty strides into the sunrise wrapped in the flag, an image of confident motion unmatched on any circulating coin. That backdrop keeps the series among the most actively collected in American numismatics.
Summary: the 1939 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.