The US Mint has been producing coins for the United States and elsewhere since it was founded in the late 1700s. During that time, many of the coins produced by the US Mint have gone on to be part of extensive collections. The US Mint is still producing plenty of coins today, but the most popular pieces are those that have been produced during the early parts of the 20th century.
One of the most popular coins ever produced by the US Mint was the Walking Liberty Half Dollar, first produced in the 1900s. These coins were revolutionary because they altered the way in which people in the United States did business. Nowadays, these coins are extremely popular amongst collectors.
For collectors, the idea of a coin from the 1920s is a scary one simply because of all the time this coin has had to become damaged. Thanks to this, collectors pour over the surfaces of these coins in order to see any damage. After close inspection, collectors look to determine which coins are worth purchasing and which ones are not.
Under normal circumstances, a person looking to find out the exact condition of their coins is going to have them graded by a professional coin-grading organization. This is an expensive process, and because of that we have provided below specifications of the characteristics of the different popular coin grades.
Uncirculated: A coin determined to be Uncirculated is one that has spent no time at all being exchanged. These coins have been well-preserved and were kept out of harm’s way throughout the duration of their existence. For collectors, these are the most sought after coins because they are in excellent condition.
Extremely Fine: A coin that is graded as being Extremely Fine is one that spent almost no time in circulation. These coins have been well-preserved throughout the entirety of their existence, but will show some light signs of wear. For collectors, these coins are also extremely popular for collectors.
Fine: A coin that is graded as being Fine is one that spent a good amount of time in circulation. These coins will have a good amount of damage, but they will not be in the worst condition. All in all, Fine coins are a perfect addition to any collection.
Good: A coin that is graded as being Good is one that spent a long time in circulation. These coins have had ample time to become damaged and will show plenty of signs of damage. For collectors, these are not the most desirable, but they are a perfect addition to any complete coin collection.
For coins as old as the 1927 Walking Liberty Half Dollar, collectors are first going to concern themselves with the condition of the coin. Thanks to this, the overall condition of the coin will be the first determinant of price. Secondly, because there were different types of coins produced every year, the exact type you own will play into the price. Listed below is a chart outlining what you can expect to pay for a Walking Liberty Half Dollar given its type and condition.
1927 Walking Liberty Half Dollar
|1927 Walking Liberty Half Dollar (S)
|Source: Red Book