You may be storing a valuable item in your possession if you have a 50-cent coin lying around.
Certain rare examples of these apparently ordinary coins have achieved significant value appreciation over time, with some being valued at as much as $27,500.
Among these, the 1946-D Walking Liberty half dollar is particularly sought after by collectors due to its limited mintage and historical significance.
The Walking Liberty Half Dollar’s Legacy
From 1916 to 1947, the Walking Liberty half dollar was produced, a time frame that encompassed significant historical events such as World War I, the Great Depression, and World War II. These coins are renowned for their ornamental design, which was created by sculptor Adolph A. Weinman.
The American flag billows in the background as Lady Liberty strides toward the sun on the obverse, symbolizing hope and independence. A majestic eagle, a symbol of fortitude and freedom, is depicted on the reverse.
Why the 1946-D Walking Liberty is Valued
There are numerous reasons why the 1946-D Walking Liberty half dollar is unique in the series. This coin, which was produced by the Denver Mint, was relatively uncommon in comparison to other years in the series due to its low production number of 2,151,000.
The condition and preservation of the coin significantly impact its value, which is denoted by its grade. The most expensive coins are those in mint-state condition and have a higher grade.
Valuation by Coin Grade
For collectors, the value of the 1946-D Walking Liberty half dollar increases with its grade. Here’s a breakdown of its value based on its grading:
| Grade | Value |
|---|---|
| MS-62 | Up to $85 |
| MS-63 | Up to $95 |
| MS-64 | Up to $125 |
| MS-65 | Up to $165 |
| MS-66 | Up to $260 |
| MS-67 | Up to $300 |
| MS-68 | Up to $27,500 |
Coins graded MS-68 are considered extremely rare and are what drive the highest prices at auctions. In fact, a 1946-D Walking Liberty coin in MS-68 condition sold for $31,200 at auction in 2021, highlighting its immense value to collectors.
Factors That Affect Value
The 1946-D Walking Liberty half dollar’s value is influenced by a variety of factors:
- Mint Mark: The “D” mint mark, which is situated on the reverse side, signifies that the coin was produced in Denver. The rarity of Denver-minted coins from 1946 renders them more valuable than others.
- Condition: Coins that have been meticulously preserved and exhibit no indications of wear can command significantly higher prices. All coins that are graded MS-68 are in nearly flawless condition.
- Historical Significance: The coin’s appeal to collectors is enhanced by its association with significant periods in American history, notably post-World War II America.
- Minting Errors: Certain anomalies or blunders during the minting process can increase the value of coins. Collectors are perpetually on the prowl for coins that exhibit distinctive attributes, including off-center minting or double strikes.
Appraising or Selling Your 50-Cent Coins
It is advisable to have a professional numismatist appraise any rare coin, including the Walking Liberty half dollar, if you believe it to be valuable. An accurate grade and valuation can be obtained from services such as the Professional Coin Grading Service (PCGS) or Numismatic Guaranty Corporation (NGC).
After the coin has been appraised, it is possible to sell it through coin dealers, auctions, or online platforms like Heritage Auctions or Stack’s Bowers.
The 1946-D Walking Liberty half dollar, which appears to be a commonplace 50-cent coin, may be worth a fortune if it is in pristine condition. These coins are highly sought after by collectors due to their exceptional craftsmanship, historical significance, and scarcity.
Auction prices are on the rise as collectors pursue these historical jewels, with coins in MS-68 grade fetching up to $27,500. Obtaining an appraisal from a professional is an essential initial stage in determining the value of one of these rare coins.
