The US Mint, since being founded in the late 1700s, has risen to the ranks of the most popular mints in the world. Not only tasked with producing the coinage of the United States, the mint has also been tasked with the production of coins for countries all over the world. For collectors, some of the US Mint’s finest pieces were produced during the early 20th century, when Walking Liberty Half Dollars came into existence.
These coins are no longer being produced today, but they have a place in the heart of collectors everywhere and are constantly being sought out by people both at home and abroad. Though everyone is looking for these coins in excellent condition, the truth of the matter is that only very few have been maintained in such a state.
When it comes to assessing the condition of a coin as old as this particular Half Dollar, that is something collectors do far before ever making a purchase. By closely analyzing every facet of the coin, collectors do their best to determine whether or not it is worth adding to a given collection.
Normally, collectors send their coins away for grading at the hand of a professional coin-grading company, but such is not always an option. Because of that, we have provided below a listing of the different popular coin grades as well as their associated characteristics.
Uncirculated: A coin that has received an Uncirculated grade is one that never spent any time exchanging hands and never had the opportunity to become damaged. These well-preserved pieces are perfect in most every way and have even retained their shine from the day they were minted. Collectors are willing to pay top-dollar for these coins and do exactly that all the time.
Extremely Fine: A coin that is graded as being Extremely Fine is one that spent only a limited amount of time being circulated. These coins will have some light signs of wear and tear, but for the most part will appear as though they were never circulated. Only under close inspection will you be able to make out any damage.
Fine: A coin that receives a grade of Fine is one that spent a decent amount of time in circulation. These coins will have been subjected to a lot of damage, but they are, for the most part, in pretty decent shape. Apart from some light signs of visible damage, Fine coins are going to catch the eye.
Good: Good is the worst grade a coin can receive and is a commonly found grade when talking about Walking Liberty Half Dollars. Complete with ample signs of wear and tear, these coins have been worn out over the years and thanks to heavy circulation. All in all, these coins are the most affordable of all graded 1918 Walking Liberty Half Dollars.
For a coin like the 1918 Walking Liberty Half Dollar, determining a price is as easy as taking into consideration a few different factors. For one, because there were multiple types of the coin minted every year, the exact type you own will play into the asking price. Secondly, condition is everything for collectors and is something that will also directly influence the price you pay. Below is a chart aimed at giving you a better idea of what you might be asked to pay for a Walking Liberty given its condition and type.
1918 Walking Liberty Half Dollar
|1918 Walking Liberty Half Dollar||$18||$20||$155||$265|
|1918 Walking Liberty Half Dollar (D)||$18||$38||$250||$475|
|1918 Walking Liberty Half Dollar (S)||$18||$20||$80||$200||Source: Red Book|