1946-S Walking Liberty Half Dollar Value
In the current market, a 1946-S Walking Liberty Half Dollar changes hands for roughly $14.50 at the low end and $330 at the top, and its metal content alone is worth $13.20 as of 2026-06-01 Certified examples in top grades can run far higher.
1946-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.
What is a 1946-S Walking Liberty Half Dollar worth right now?
In worn but collectible condition (Good-4), a 1946-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.
1946-S Walking Liberty Half Dollar specifications
- Series
- Walking Liberty Half Dollar
- Year
- 1946
- Mint mark
- S
- Mintage
- 3,724,000
- 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 1946 Walking Liberty Half Dollar?
On a 1946-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 1946-S Walking Liberty Half Dollar valuable
3,724,000 were struck: enough that circulated examples are obtainable, few enough that Mint State pieces carry real premiums.
Every 1946-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 1946-S Walking Liberty Half Dollar. Adolph Weinman's Walking Liberty half dollar is so admired that the U.S. 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 1946-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.