The 1917 Walking Liberty Half Dollar Value Guide

A 1917-S Obverse half dollar sold for $152,750 at Heritage Auctions โ€” yet the most common 1917 Philadelphia example starts under $35. Five distinct varieties from one extraordinary year make this one of the most complex โ€” and potentially valuable โ€” sets in American coinage.

โ˜…โ˜…โ˜…โ˜…โ˜… 4.8 / 5 ยท 1,847 collector ratings
Check My 1917 Half Dollar Value โ†’
1917 Walking Liberty Half Dollar obverse showing Lady Liberty striding with American flag, silver coin
$152,750 Top auction record (1917-S Obv MS-67, Heritage 2015)
5 Distinct varieties from one year (obverse + reverse mintmarks)
765,400 Mintage of the scarce 1917-D Obverse โ€” fewest struck
0.3617 Troy oz. pure silver in every 1917 half dollar

Free 1917 Half Dollar Value Calculator

Select your coin's mint mark location, condition, and any known errors for an instant estimated value range.

Step 1 โ€” Select Mint & Mint Mark Position
Step 2 โ€” Select Condition
Step 3 โ€” Any Known Errors? (optional)

If you're not yet sure which variety or grade your coin is, the 1917 Half Dollar Coin Value Checker with photo upload is a free third-party tool that lets you identify your coin from images before using the calculator above.

Describe Your Coin for a Detailed Assessment

Not sure how to interpret your coin? Describe what you see โ€” mint mark location, surface appearance, any unusual features โ€” and get a tailored analysis.

Mention these things if you can

  • Mint mark location (front/obverse or back/reverse?)
  • Letter of mint mark (D, S, or none)
  • General wear โ€” heavily worn, some detail, or sharp?
  • Any luster / shine visible?
  • Color โ€” gray, white, toned, or bright?

Also helpful

  • Any doubling visible on motto or date?
  • Missing section on coin edge (clipped)?
  • Has the coin been cleaned or polished?
  • Any deep scratches, holes, or damage?
  • Partial design with blank area (off-center)?

Skipped the calculator?

Get an instant value estimate โ€” just select your variety and condition.

Go to the Value Calculator โ†’

1917-S Obverse Mint Mark Self-Checker

The 1917-S Obverse is the single most valuable of the five 1917 varieties, with an auction record of $152,750. Check whether your coin might be this key date.

Side-by-side comparison of 1917-S Obverse vs 1917-S Reverse Walking Liberty Half Dollar showing mint mark positions
Common Type
1917-S Reverse
S mint mark on the coin's BACK (reverse), lower-left rim at ~7 o'clock. Mintage: 5,554,000. Value in VF: ~$115โ€“$125.
๐Ÿ”‘ Rare Key Date
1917-S Obverse
S mint mark on the coin's FRONT (obverse), below "IN GOD WE TRUST." Mintage: 952,000. Value in VF: $400โ€“$450+.

Does your coin match all four?

1917 Half Dollar Value Chart at a Glance

For a full step-by-step in-depth 1917 half dollar identification walkthrough covering authentication and grading photos, use that complete reference. The table below gives a quick-reference snapshot across all five varieties and four condition tiers. Values shown are conservative retail ranges based on PCGS Price Guide data and recent auction results.

Variety Mintage Worn (Gโ€“F) Circulated (VFโ€“EF) Uncirculated (AUโ€“MS63) Gem MS (MS-65+)
1917 Philadelphia COMMON 12,292,000 $28 โ€“ $50 $50 โ€“ $110 $130 โ€“ $375 $525 โ€“ $3,500+
1917-D Obverse 765,400 $45 โ€“ $100 $185 โ€“ $425 $525 โ€“ $1,350 $2,250 โ€“ $10,000+
1917-D Reverse 1,940,000 $40 โ€“ $75 $200 โ€“ $420 $600 โ€“ $1,750 $3,000 โ€“ $16,800+
1917-S Obverse โ˜… KEY DATE 952,000 $65 โ€“ $175 $450 โ€“ $1,750 $2,750 โ€“ $7,250 $10,500 โ€“ $85,000+
1917-S Reverse GEM RARITY 5,554,000 $35 โ€“ $60 $115 โ€“ $450 $600 โ€“ $1,900 $3,250 โ€“ $18,500+

๐Ÿ“ฑ CoinHix lets you photograph your coin and instantly estimate its value on the go โ€” a coin identifier and value app.

๐Ÿ“‹ On This Page

The Valuable 1917 Walking Liberty Half Dollar Varieties & Errors (Complete Guide)

The 1917 half dollar is defined by its five mintmark varieties โ€” the result of a historic mid-year die change โ€” plus a small number of documented mint errors. Understanding which variety you hold is the single most important factor in determining value. The cards below cover the five main varieties and key error types in order of collector desirability and premium potential.

Close-up of 1917-S Obverse Walking Liberty Half Dollar showing S mintmark on the obverse below IN GOD WE TRUST

1917-S Obverse Mint Mark

MOST FAMOUS $65 โ€“ $85,000+

The 1917-S Obverse is the crown jewel of the entire 1917 Walking Liberty set. Struck at San Francisco before the February 14, 1917 mint-director order relocated the mintmark to the reverse, this variety carries its "S" on the obverse below "IN GOD WE TRUST" โ€” the earlier die configuration. With only 952,000 pieces struck, it is one of just nine Walking Liberty half dollar issues with a sub-million mintage.

To identify this variety, examine the obverse of the coin carefully with a 5ร— magnifier. The "S" sits to the lower right of the design field, directly beneath the motto. The reverse should be clean โ€” no mint mark is present on the back in any location. Confirming both conditions before assuming this variety is essential, as the San Francisco Reverse is far more common.

Unlike most Walking Liberty dates where collector premiums only kick in at Mint State grades, the 1917-S Obverse commands genuine premiums even in VF and EF โ€” reflecting real scarcity across all grades. The all-time auction record is $152,750 for an MS-67 example sold at Heritage Auctions on August 16, 2015 (confirmed by both NGC Auction Central and multiple price guide sources). Stack's Bowers recorded $40,800 for an MS-66 in June 2021.

How to spot it

Under a 5ร— loupe, find the "S" on the obverse directly below "IN GOD WE TRUST." The reverse must be completely free of any mint mark near the lower-left rim at the 7 o'clock position.

Mint mark

S (San Francisco) โ€” obverse placement only; reverse clear of any mark.

Notable

PCGS #6572. The $152,750 Heritage sale (August 2015, MS-67) ranks #3 on NGC's all-time Walking Liberty auction results list. Stack's Bowers recorded $40,800 for MS-66 in June 2021. Greysheet CPGยฎ tops $201,500 for the finest examples.

1917-D Obverse Walking Liberty Half Dollar showing D mintmark on obverse, key date low-mintage variety

1917-D Obverse Mint Mark

RAREST MINTAGE $45 โ€“ $10,000+

The 1917-D Obverse is the scarcest coin by raw mintage among all five 1917 varieties, with only 765,400 pieces struck at the Denver Mint. This places it among nine Walking Liberty half dollars with sub-million mintages and makes it the most thinly produced of the two Denver issues by a wide margin of over 1.1 million coins. Numismatists classify it as a genuine condition rarity throughout the grading spectrum.

The diagnostic is identical to the S-Obverse: look for a "D" on the coin's obverse face, sitting below the motto "IN GOD WE TRUST." The back of the coin will show no mint mark. Denver branch-mint coins of this era frequently exhibit strike weakness at Liberty's head, the olive branch, and the date numeral area โ€” this is a die-quality issue, not wear, and does not detract from grade so long as original luster is intact.

Gem Mint State examples (MS-65 and above) are genuinely rare and command five-figure auction results. Heritage Auctions sold an NGC MS-64 CAC example for $1,920 in January 2023. The Greysheet CPGยฎ range for this variety spans up to $42,000 for the finest known specimens, reflecting the conditional scarcity at the top of the population.

How to spot it

Under 5ร— magnification, locate the "D" on the obverse below "IN GOD WE TRUST." Confirm the reverse has no "D" at the 7 o'clock lower-left rim position. Strike weakness at Liberty's head is common and normal for this issue.

Mint mark

D (Denver) โ€” obverse only; reverse free of any mint mark designation.

Notable

PCGS #6570. With only 765,400 struck, this is the lowest-mintage 1917 issue. Heritage Auctions sold an MS-64 NGC CAC for $1,920 in January 2023, and an AU-50 NGC for $1,995 in April 2023. Greysheet CPGยฎ ceiling exceeds $42,000.

1917-D Reverse Walking Liberty Half Dollar reverse side showing D mintmark at lower-left rim near eagle position

1917-D Reverse Mint Mark

BEST KEPT SECRET $40 โ€“ $16,800+

The 1917-D Reverse was produced after Mint Director von Engelken's February 1917 order relocated the mintmark to the coin's reverse. With 1,940,000 pieces struck, it significantly outnumbers the D-Obverse, yet it harbors a paradox well known among serious Walking Liberty collectors: it is the scarcer variety in high Mint State grades. This "inverse rarity" exists because contemporaries saved the unusual obverse-mintmark coins as novelties while the reverse-mintmark coins circulated freely.

The "D" mint mark on this variety is found on the coin's reverse at approximately the 7 o'clock position, along the lower-left rim near the eagle's rocky perch. The obverse of the coin is completely clean โ€” no "D" will be found below the motto. This placement was decreed to look more professional and avoid the appearance of a die defect that troubled the Mint Director.

In gem condition, recent auction results for this variety have significantly exceeded published price guides. Heritage Auctions sold a 1917-D Reverse MS-65+ PCGS example for $16,800 in August 2024. Earlier, a 2018 auction produced $43,200 for a top-grade example. These strong results reflect the genuine gem scarcity of the Reverse type.

How to spot it

Check the coin's reverse for a "D" at the 7 o'clock position on the lower-left rim, just left of the eagle's rocky perch. The obverse must show no mint mark under the motto "IN GOD WE TRUST."

Mint mark

D (Denver) โ€” reverse placement at lower-left rim, approximately 7 o'clock position.

Notable

PCGS #6571. Heritage Auctions sold an MS-65+ PCGS example for $16,800 in August 2024, far exceeding price-guide expectations. A 2018 auction record stands at approximately $43,200 for the finest graded. Greysheet CPGยฎ range extends to $69,500.

1917-S Reverse Walking Liberty Half Dollar showing S mintmark on reverse at lower-left rim area near eagle

1917-S Reverse Mint Mark

GEM CONDITION RARITY $35 โ€“ $18,500+

The 1917-S Reverse is the second-highest-mintage issue of the year at 5,554,000 pieces from San Francisco, yet it is widely recognized as one of the most underappreciated conditional rarities in the entire Walking Liberty series. Struck after the mintmark was relocated to the reverse, it was not saved in significant quantities by collectors of the era โ€” who were more fascinated by the novel obverse-mintmark coins โ€” leaving gem survivors surprisingly thin.

Identification is straightforward: the "S" appears on the reverse of the coin at roughly the 7 o'clock position, along the lower-left rim, while the obverse is free of any mint mark. San Francisco branch-mint examples from this era frequently show strike weakness in Liberty's head and the upper-center of the design โ€” a characteristic noted by both PCGS and NGC graders that does not penalize the grade when luster is intact.

Recent auction sales for gem examples have dramatically outpaced older price guides โ€” a pattern numismatists call the "inverse rarity" of the 1917 Reverse types. Stack's Bowers sold an MS-65 example for $11,400 in August 2024, while Heritage Auctions recorded $9,600 for a gem in 2024โ€“2025. The PCGS population at MS-67 is extremely thin, with the Greysheet CPGยฎ listing reaching $65,000 at the top.

How to spot it

Using a 5ร— loupe, find the "S" on the coin's reverse at the 7 o'clock lower-left rim position near the base of the eagle's rocky perch. No "S" should appear on the obverse below the motto.

Mint mark

S (San Francisco) โ€” reverse placement at lower-left rim; obverse clean of mint mark.

Notable

PCGS #6573. Stack's Bowers sold MS-65 for $11,400 in August 2024; Heritage Auctions recorded $9,600 for gem examples in the same period. Greysheet CPGยฎ extends to $65,000. Recent MS-65 results exceed published guides by 200โ€“300%, confirming deep gem scarcity.

1917 Walking Liberty Half Dollar mint error showing clipped planchet or off-center strike diagnostic features

1917 Half Dollar Mint Errors (DDO, RPM, Clipped Planchet, Off-Center)

COLLECTOR PREMIUM $75 โ€“ $500+

True mint errors on 1917 Walking Liberty half dollars are uncommon but documented across several categories. The most frequently encountered is the clipped planchet error, where the metal blank was improperly cut from the strip, resulting in a coin with a missing curved or straight section along its edge. The key diagnostic is the Blakesley Effect โ€” a visibly weaker or wider rim directly opposite the clip โ€” which confirms the error occurred before striking rather than as post-mint damage.

A minor Doubled Die Obverse (DDO) variety is documented for the 1917 issue, showing doubled impressions in the motto lettering visible under 10ร— magnification. Both impressions are raised (distinguishing true hub doubling from mechanical doubling). Repunched Mint Mark (RPM) varieties also exist on the branch-mint issues, documented in the Cherrypickers' Guide to Rare Die Varieties under FS (Fivaz-Stanton) designation numbers; the secondary impression of the "D" or "S" punch is the telltale sign. Delamination errors โ€” where planchet metals fail to fully bond โ€” are also recorded, producing visible splits, voids, or raised flaps on the coin's surface.

Off-center strikes with 10โ€“50% of the design shifted to one side and the date still visible are the highest-premium error type, with dramatic examples potentially reaching $500 or more. Clipped planchets range from $75 to $400 depending on clip size and eye appeal. DDO examples in certified grade carry modest premiums consistent with their minor attribution status; RPMs command premiums tied to how clearly the secondary punch impression is visible under a 10ร— loupe.

How to spot it

For clips: check the coin's edge for a missing curved section and test for the Blakesley Effect (weak rim directly opposite). For DDO: examine motto letters under a 10ร— loupe for raised doubling. For RPM: look for a secondary "D" or "S" impression offset from the primary mark.

Mint mark

Any mint (P, D, S) โ€” errors occur across all five 1917 varieties; RPMs apply only to D and S issues.

Notable

DDO variety documented in the Cherrypickers' Guide system (FS designation). Certified uncirculated DDO examples reportedly sold for approximately $150 in 2024. Clipped planchets: $75โ€“$400 depending on clip percentage. Off-center strikes with date visible: $100โ€“$500+.

Found one of these errors on your coin?

Check the error boxes in the calculator to see how it affects your coin's estimated value.

Calculate Error Coin Value โ†’

1917 Walking Liberty Half Dollar Mintage & Survival Data

Group of all five 1917 Walking Liberty Half Dollar varieties arranged to show mintmark differences โ€” Philadelphia, Denver Obverse, Denver Reverse, San Francisco Obverse, San Francisco Reverse
Variety Mint Mintmark Position Mintage Relative Scarcity
1917 Philadelphia Philadelphia None 12,292,000 Most common; available in all grades
1917-D Obverse Denver Obverse โ€” below motto 765,400 Lowest mintage of 5 varieties; scarce all grades
1917-D Reverse Denver Reverse โ€” lower-left rim 1,940,000 Conditionally rare at MS-65+; gem survivors thin
1917-S Obverse San Francisco Obverse โ€” below motto 952,000 Key date; scarce in all grades, very rare in gem
1917-S Reverse San Francisco Reverse โ€” lower-left rim 5,554,000 Common circulated; gem survivors unexpectedly rare
Total 1917 Business Strikes 22,503,400 Combined production across all three mints
Composition & Specifications: 90% Silver / 10% Copper ยท Weight: 12.50 grams ยท Diameter: 30.00 mm ยท Edge: Reeded ยท Designer: Adolph Alexander Weinman ยท Silver content: 0.3617 troy oz. pure silver per coin ยท Series: Walking Liberty Half Dollar (1916โ€“1947)

How to Grade Your 1917 Walking Liberty Half Dollar

1917 Walking Liberty Half Dollar grading strip showing four condition tiers from Good to Mint State side by side for comparison
Gโ€“F (1โ€“15)

Worn

Liberty appears as an outline. Her arm, hand, and skirt folds are worn smooth. Major design features visible but flat. Rim may touch letters. Most value comes from silver content plus a modest collector premium.

VFโ€“EF (20โ€“45)

Circulated

50โ€“75% of Liberty's gown lines visible. Eagle's breast feathers show partial to good definition. Date and all lettering sharp. Light to moderate wear on highest design points. Attractive and collectible; branch-mint issues command strong premiums here.

AU (50โ€“58)

About Uncirculated

Slight friction on highest points โ€” Liberty's breasts, left hand, and skirt center; eagle's breast may show minor smoothing. Residual luster in protected areas. Called "sliders" historically; the AU-58 grade was created specifically for these coins. Desirable for rarer varieties.

MS (60โ€“67)

Mint State / Gem

No wear โ€” original cartwheel luster unbroken. MS-63 may show bag marks; MS-65 (Gem) has minor imperfections under magnification only; MS-67 is exceptional and extremely rare for any 1917 variety. Full luster, blazing white satin surfaces typical of early Walkers.

Pro Tip โ€” Strike Weakness vs. Wear: The Walking Liberty design was notoriously difficult to fully strike, especially at branch mints. Many 1917 coins show flat high points that look like wear but are actually weak strikes โ€” the metal simply didn't fill the die. The definitive test: inspect flat areas under angled light. If original mint luster is still present on the flat surface, it's a weak strike (still Mint State). If those flat areas are dull, smooth, and gray with absent luster, that's genuine circulation wear. This distinction can mean the difference between an AU-50 ($130) and an MS-63 ($375) for the Philadelphia issue.

๐Ÿ“ท CoinHix helps you compare your coin's surfaces against graded reference images to match condition accurately โ€” a coin identifier and value app.

Where to Sell Your Valuable 1917 Walking Liberty Half Dollar

Your choice of venue can significantly affect your final sale price. The right channel depends on your coin's value tier and how quickly you need to sell.

๐Ÿ›๏ธ

Heritage Auctions / Stack's Bowers

Best for coins graded MS-64 or higher, or any 1917-S Obverse / 1917-D Obverse in AU condition or better. Major auction houses reach the most serious Walking Liberty collectors worldwide and consistently deliver the highest realized prices for condition rarities. Expect 15โ€“20% buyer's premium; consignment minimums apply.

๐Ÿ›’

eBay

Effective for circulated examples and common Philadelphia issues. Before listing, review recently sold prices for 1917 Walking Liberty half dollars on eBay to set a realistic asking price. Use PCGS or NGC certification for any coin above $200 to maximize buyer confidence and realized price. Fixed-price listings often outperform auctions for common circulated examples.

๐Ÿช

Local Coin Shop

Quick and convenient for immediate cash, but expect wholesale prices โ€” typically 50โ€“70% of retail for common issues, potentially better for key dates if the dealer specializes in early American silver. Get quotes from two or three shops and compare to eBay sold listings before accepting an offer.

๐Ÿ’ฌ

Reddit (r/Coins4Sale) / CoinTalk

Good for reaching knowledgeable collectors directly with no seller fees. Post clear photos of both sides, state the grade honestly (raw or certified), and price competitively versus eBay comps. Best suited to coins in the $50โ€“$500 range where auction-house minimums make formal consignment impractical.

๐Ÿ”– Get It Certified First

Any 1917 half dollar you believe is AU-55 or better โ€” and particularly any 1917-S Obverse or 1917-D Obverse in any grade โ€” should be submitted to PCGS or NGC for third-party certification before selling. A genuine MS-63 1917-S Obverse is worth $7,250+ certified; unverified, it may sell for a fraction of that. PCGS and NGC certification typically costs $30โ€“$65 per coin and pays for itself many times over on any key-date piece.

Frequently Asked Questions

How much is a 1917 half dollar worth?
A 1917 Philadelphia half dollar starts around $28โ€“$35 in worn Good-4 condition and rises to $250โ€“$500 in lower Mint State grades. The five varieties span a wide range: the common Philadelphia issue is worth far less than the scarce 1917-S Obverse, which starts at $65 in Good and reaches tens of thousands in gem uncirculated condition. Top auction records exceed $152,000 for the finest known examples.
What is the most valuable 1917 half dollar?
The 1917-S Obverse Mint Mark is the most valuable of the five 1917 Walking Liberty varieties. With only 952,000 pieces struck at the San Francisco Mint, it is scarce even in circulated grades. The all-time auction record is $152,750 for an MS-67 example sold at Heritage Auctions on August 16, 2015. Even in Fine condition, this variety commands $400 or more.
How do I know if my 1917 half dollar has the obverse or reverse mint mark?
Check both sides of your coin with a 5ร— magnifier. On obverse-mintmark coins (struck early in 1917), a 'D' or 'S' appears on the front of the coin directly beneath the motto 'IN GOD WE TRUST.' On reverse-mintmark coins (struck after the April 1917 policy change), the letter sits on the back of the coin at approximately the 7 o'clock position along the lower-left rim near the eagle's perch. Philadelphia coins carry no mint mark on either side.
Why does the 1917 half dollar have five varieties?
On February 14, 1917, Mint Director Friedrich von Engelken ordered the mint mark relocated from the obverse to the reverse, believing the original position 'had the appearance of a defect in the die.' New dies were prepared and sent to Denver and San Francisco, creating two distinct types per branch mint (obverse and reverse), plus the mintmark-free Philadelphia issue โ€” five varieties total. No other year in the 1916โ€“1947 Walking Liberty series produced this structure.
What is the silver content of a 1917 half dollar?
Every 1917 Walking Liberty Half Dollar contains 0.3617 troy ounces of pure silver. The coins are 90% silver and 10% copper, weigh 12.50 grams, and measure 30.00 millimeters in diameter. At current silver prices, the melt value typically exceeds face value significantly โ€” but all collectible-grade examples carry a numismatic premium well above melt value, even in worn condition.
Is the 1917-D Obverse half dollar rare?
Yes โ€” the 1917-D Obverse is a genuine key date with only 765,400 pieces struck, placing it among the nine Walking Liberty half dollars with sub-million mintages. It is the scarcest Denver issue and commands meaningful premiums even in lower circulated grades. Gem Mint State examples (MS-65 and above) are conditionally rare, with auction results for high-grade pieces reaching five figures.
Are there any valuable errors on the 1917 half dollar?
Several documented mint errors exist. A minor Doubled Die Obverse (DDO) variety shows doubling in the motto lettering. Repunched Mint Mark (RPM) varieties are referenced in the Cherrypickers' Guide. Clipped planchet errors โ€” where a section of the coin's edge is missing โ€” sell for $75โ€“$400 depending on clip size. Off-center strikes with the date visible can reach $500 or more for dramatic examples.
Why are high-grade 1917 Walking Liberty half dollars hard to find?
The Walking Liberty design was notoriously difficult to strike due to poor metal flow into the dies. Even proof examples sometimes lacked complete details on Liberty's left hand, the olive branch, and the eagle's breast. Additionally, half dollars were saved in smaller quantities than lower-denomination coins during the pre-WWII era because the higher face value made setting aside uncirculated examples financially prohibitive for most collectors.
Should I clean my 1917 half dollar before selling it?
Never clean a 1917 half dollar. Cleaning โ€” even gentle rinsing โ€” removes original mint luster and creates hairline scratches visible under magnification. A cleaned coin is assigned a details grade by PCGS or NGC ('Cleaned' designation) and loses most of its collector premium. Even a modestly worn, original-surface example is worth more than a bright, cleaned one. If you suspect your coin is valuable, submit it to PCGS or NGC before selling.
What is the 1917-S Reverse half dollar worth in MS-65?
The 1917-S Reverse Mint Mark in MS-65 is a conditional rarity that frequently exceeds published price guides. Recent auction results for MS-65 examples have ranged from roughly $7,500 to over $11,000, with some sales surpassing $16,000 at major houses. This 'inverse rarity' phenomenon occurs because the higher-mintage Reverse type was less often saved by contemporary collectors than the novel Obverse type, making gem survivors surprisingly scarce.

Ready to find out what your coin's worth?

Use the free calculator โ€” select your variety, condition, and any errors for an instant estimate.

Check My 1917 Half Dollar Value โ†’