The Walking Liberty Half Dollar is an iconic piece of American coinage because it was wholly unique when it was first introduced all the way back in the early 20th century. These coins were not only larger than any coin being circulated at the time, they were offered in a denomination never before seen in the US. Nowadays, the coins have since had their production ceased, but are extremely popular amongst collectors.
The one problem collectors run into, however, is the fact that finding these coins in excellent condition is no simple feat. With the years passing, fewer and fewer well-preserved Walking Liberties exist.
When you are talking about coins that are more than a half century old, collectors are always wary because it is difficult to trust the condition. These coins have often been circulated for years on end and have been subjected to unforeseen amounts of damage. This is why any collector who is thinking about purchasing one of these coins will do everything in their power to guarantee its condition.
Normally, the process of judging a coin’s condition is left to the professionals. Understanding that this costly process is not able to be completed by everyone, we have provided below an outline of the characteristics of the different popular coin grades.
Uncirculated: If a coin receives this grade, it means that the piece in question was never introduced to the open market. Instead of being exchanged and incurring all sorts of damage, these pieces were kept under lock and key and away from anything that might do them harm. For collectors, these are not only the most desirable pieces, but some of the most expensive as well.
Extremely Fine: If a coin is graded as being Extremely Fine, this means that it was circulated for a very short period of time. You will be able to notice some light scratching and other minuscule signs of wear, but the coin will overall appear to be in great condition. These too are a great addition to any collection.
Fine: Fine is more of a middle of the road grade reserved for coins that were circulated for an extended period of time but somehow managed to avoid becoming overly damaged. From light smoothing of the surfaces to consistent scratching, the wear present on the faces of these coins will not be very difficult to make out.
Good: In Good condition, the coin you are looking at is one that has seen its better days. Heavy damage will be present on just about every aspect of the coin and the surfaces will be smooth. All in all, though not the most attractive pieces, Good Walking Liberties are often some of the most inexpensive.
For a coin like the Walking Liberty Half Dollar, determining a price is no more difficult than assessing a few of the coin’s characteristics. For one, the fact that multiple types of these coins were minted every year means that the type of coin you own will play directly into the asking price. Secondly, as is always the case, the coin’s condition will also affect how much it is going to be sold for. Below is a chart that aims to help give you a better understanding of just how much you might be asked to pay for a Walking Liberty given its condition and type.
1945 Walking Liberty Half Dollar
|1945 Walking Liberty Half Dollar||$13||$16||$18||$20|
|1945 Walking Liberty Half Dollar (D)||$13||$16||$18||$20|
|1945 Walking Liberty Half Dollar (S)||$13||$16||$18||$24||Source: Red Book|