For the US Mint, producing the world’s finest coinage is nothing more than an ordinary day at the office. Having been in existence since the late 1700s, the US Mint has been around the block and has had ample time to build a positive reputation for itself; which it has done. Nowadays, the mint is not only tasked with the production of US coins, but the production of coins from other countries around the world as well.
One of the most iconic and desirable coins ever produced by the US Mint was the Walking Liberty Half Dollar. This coin was offered in a denomination that had only been experimented with in the past, and this fact alone makes it interesting to collectors of all types.
For collectors, any coin that is approaching 100 years in age will immediately be under scrutiny simply due to the fact that it has had ample time to become worn and damaged. For this reason, you will see collector after collector closely analyzing every aspect of a coin in order to find even the smallest flaws on the surfaces of the coin.
While collectors do love pouring over the surfaces of coins in search of flaws, this is something best left to the professionals. Understanding that not everyone has the time and money available to have a coin of theirs graded, we have provided an outline below of the different characteristics of the different coin grades.
Uncirculated: A coin that is graded as being Uncirculated is one that never spent any time exchanging hands on the open market. These coins will have been extremely well-preserved and will appear as though they were minted none too long ago. For collectors, these are the most desirable pieces, but also some of the most expensive.
Extremely Fine: A coin receiving an Extremely Fine grade is one that spent only a very short period of time being circulated. These coins may have some light scratching, but other than that they will appear to be in excellent condition. All in all, collectors still jump at the opportunity to get their hands on a piece like this.
Fine: Fine is the coin grade reserved for pieces that were in circulation for an extended period of time. These coins will have plenty of light scratching and other small imperfections, but will overall still be in pretty decent shape. Collectors love this grade because the coins are still in good shape and are more affordable.
Good: A coin receiving of a Good grade is one that has seen better days. These coins will be very heavily damaged and will have had their surface almost completely smoothed thanks to the changing of hands over the years. These are the most inexpensive coins on the market more often than not, but they are not necessarily the first choice for collectors.
When it comes to determining a price point for the Liberty Half Dollar, there are two main factors that you must take into consideration. First, the condition of the coin is the number one concern for most collectors, so it goes without saying that those coins that have been preserved are going to sell for higher prices than those coins that haven’t been. Secondly, because there were multiple types of Walking Liberty Half Dollars produced every year, the exact type will play into the asking price. Below exists a chart that aims at giving you a better idea of what you might expect to pay for a Walking Liberty Half Dollar given its condition and type.
1936 Walking Liberty Half Dollar
|1936 Walking Liberty Half Dollar||$13||$16||$18||$25|
|1936 Walking Liberty Half Dollar (D)||$13||$16||$20||$50|
|1936 Walking Liberty Half Dollar (S)||$13||$16||$22||$60||Source: Red Book|