Making thousands of dollars with a small 50-cent coin is possible if you have the right specimen. Every day, millions of coins circulate in the United States, majority of which are exchanged at face value. However, there are some coins that can increase their value thanks to the practice of coin-collecting.
Such is the case of the 50-cent coins called “Walking Liberty.” These coins are among the most sought after by coin hunters thanks to their artistic design and the history they represent.
The “Walking Liberty” coins were minted between 1916 and 1947, which means they were in circulation during times that remained etched in the country’s collective memory, such as World War I and II and the Great Depression.
The exact value of a Walking Liberty half dollar will depend on whether it has any minting errors or unique features, and its current condition. One of the most valuable pieces is a 1946 coin, which averages $27,500. The most expensive piece was sold for $31,200 at auction in 2021.
Ever found a half dollar and wondered if it might be worth more than just fifty cents? You’re not alone! As a coin enthusiast who’s been collecting these beauties for years, I’m excited to share what I’ve learned about these fascinating pieces of American history that might be hiding in your pocket change or grandma’s old coin jar
The Surprising Value Behind America’s Half Dollar Coins
Half dollars have been minted since 1794, making them one of America’s oldest coin denominations. While their face value remains 50 cents, many are worth significantly more to collectors Let’s dive into what makes these coins potentially valuable!
What Determines a Half Dollar’s Worth?
Several factors affect how much your 50 cent piece might be worth
- Age: Generally, older coins are worth more
- Condition: Better preserved coins command higher prices
- Rarity: Lower mintage years are more valuable
- Silver content: Many older half dollars contain actual silver
- Historical significance: Some designs are more collectible than others
Types of Half Dollars and Their Values
Walking Liberty Half Dollars (1916-1947)
The Walking Liberty design by Adolph Weinman is often considered the most beautiful U.S. coin ever produced. These elegant coins featured Lady Liberty striding toward the dawn of a new day.
Typical values for Walking Liberty half dollars:
| Condition | Common Date Value | Rare Date Value |
|---|---|---|
| Good-Very Good (G-VG) | $25-35 | $40-100+ |
| Very Fine (VF) | $35-45 | $80-200+ |
| Almost Uncirculated-Brilliant Uncirculated (AU-BU) | $58-80 | $300-1,000+ |
Some especially valuable Walking Liberty dates:
- 1938-D in G-VG condition: $113+
- 1921 issues: Can be worth hundreds even in circulated condition
I recently purchased a 1927-S Walking Liberty in VG condition for about $30, which is pretty typical for the more common dates in this series.
Franklin Half Dollars (1948-1963)
Benjamin Franklin half dollars were minted for a relatively short period but remain popular with collectors.
Typical values for Franklin half dollars:
| Condition | Common Date Value |
|---|---|
| Good-Fine (G-F) | $15-25 |
| Very Fine-Extremely Fine (VF-XF) | $20-35 |
| Uncirculated (BU) | $40-60+ |
Kennedy Half Dollars (1964-Present)
The Kennedy half dollar was introduced just months after President Kennedy’s assassination in 1963.
Typical values for Kennedy half dollars:
| Year | Silver Content | Typical Value |
|---|---|---|
| 1964 | 90% silver | $15-25+ |
| 1965-1970 | 40% silver | $8-15+ |
| 1971-Present | 0% (copper-nickel) | $0.50-1.00 |
Exception: Silver proof Kennedy half dollars continue to be made for collectors and can be worth $20-40 each.
The Silver Factor: A Hidden Value Boost
Many people don’t realize that older half dollars contain significant amounts of precious metal. Let’s break it down:
- Pre-1965 half dollars: Contain 90% silver (about 0.36 oz of pure silver)
- 1965-1970 half dollars: Contain 40% silver (about 0.15 oz of pure silver)
- Post-1970 circulating half dollars: Contain no silver (copper-nickel clad)
With silver currently valued around $49 per ounce (as of late 2025), even the most common 90% silver half dollars have about $17-18 in silver value alone!
Rare and Valuable Half Dollars to Look For
While checking your change or coin jars, keep an eye out for these especially valuable dates:
Walking Liberty Rarities
- 1916-S: Worth $100+ even in worn condition
- 1921, 1921-D, 1921-S: The key dates of the series
- 1938-D: One of the lowest mintage Walking Liberty half dollars
Early Half Dollar Treasures
I’ve seen coins from the Draped Bust (1796-1807) and Capped Bust (1807-1839) series sell for $100+ even in well-worn condition. These early coins are rare finds but definitely still out there!
Seated Liberty Half Dollars (1839-1891)
A well-worn example might fetch $99+ due to its age and historical significance.
How to Check What Your Half Dollar is Worth
If you’ve found a half dollar and want to know its value, follow these simple steps:
- Identify the type: Check the design (Walking Liberty, Franklin, Kennedy, etc.)
- Check the date and mint mark: Look under the date or on the reverse for a tiny letter indicating which mint produced it
- Assess the condition: Better preserved coins are worth more
- Look for errors or varieties: Some coins have valuable minting mistakes
Where to Buy and Sell Half Dollars
If you’re looking to start collecting or want to sell some coins, here are a few options:
- Local coin shops: Great for in-person appraisals and fair prices
- Online dealers: Sites like GovMint.com offer authenticated coins
- Auction houses: For rare specimens
- Coin shows: Excellent places to meet dealers and other collectors
My Personal Experience with Half Dollar Collecting
I’ve been collecting half dollars since my grandfather gave me my first Walking Liberty when I was 10. What started as a casual interest has turned into a fascinating hobby!
Last year, I purchased a complete set of 1940s Walking Liberty halves in AU-BU condition for around $550. While that might sound expensive, considering each coin is worth $55-80 individually, it was actually a good deal.
My most exciting find was discovering a 1938-D Walking Liberty in my late aunt’s change jar. Even in G-VG condition, it’s worth over $100!
Starting Your Own Half Dollar Collection
If you’re interested in beginning your own collection, here’s how I’d recommend getting started:
- Focus on one series first: Maybe start with Kennedy halves since they’re more affordable
- Learn about grading: Understanding coin condition is crucial
- Buy a good reference book: The “Red Book” (A Guide Book of United States Coins) is essential
- Join a coin club: Local clubs are great for learning and trading
- Set a budget: It’s easy to get carried away!
Final Thoughts: Are Your 50 Cent Pieces Worth Checking?
Absolutely! While many half dollars are worth just their face value, enough valuable specimens are still in circulation that checking your coins is definitely worthwhile. Even common silver half dollars from before 1971 are worth multiple times their face value just for their silver content.
So next time you come across a half dollar, take a moment to check the date. That 50 cent piece might actually be worth $15, $50, or even hundreds of dollars!
Remember, collecting isn’t just about monetary value—it’s also about connecting with history and appreciating the artistry of these miniature masterpieces. Each coin has a story to tell, from Walking Liberty halves that saw America through the Great Depression and World War II to Kennedy halves that commemorated a beloved president.
Happy hunting, and may your coin jars be filled with valuable treasures!
This is what the 50 cent “Walking Liberty” coins look like
If you believe you have one of these valuable coins, or any other collectible coin, consult a numismatic or coin-collecting expert. A trained professional will help you accurately assess the value of your coin and prevent you from falling victim to scams.
50-cent coins that can be worth up to $27,500
The “Walking Liberty” coins were designed by renowned sculptor and engraver Adolph A. Weinman. They feature the symbol of liberty over a rising sun and the American flag in the background, accompanied by the phrase, “LIBERTY, IN GOD WE TRUST”. The coins which can be worth up to $27,500, are those minted in 1946 by the Denver Mint.
To find out if you have one, check the year and the reverse of the coin, which should show a soaring eagle, and the words “UNITED STATES OF AMERICA”, “E PLURIBUS UNUM” and “HALF DOLLAR”. You should also check to see if it has a “D” mark, which indicates it was part of an issue of 2,151,000.
The exact price will depend on the grade and the condition of the coin. According to the Professional Coin Grading Service, these are the possible values for a 1946-D 50-cent coin:
- 1946-D 50-cent coin (MS-62): up to $85
- 1946-D 50-cent coin (MS-63): up to $95
- 1946-D 50-cent coin (MS-64): up to $125
- 1946-D 50-cent coin (MS-65): up to $165
- 1946-D 50-cent coin (MS-66): up to $260
- 1946-D 50-cent coin (MS-67): up to $300
- 1946-D (MS-68) 50-cent coin: up to $27,500
These 50 Cent Coins are Worth A LOT more than a Half Dollar!
FAQ
Are any 50 cent coins valuable?
Yes, some 50-cent coins are valuable, especially those with errors, low mintage, or those made from silver. Key dates and conditions to look for include older series like the Walking Liberty half dollar (1916-1947) and Franklin half dollar (1948-1963), and any 1964 Kennedy half dollar, which are valuable for their silver content. Rare errors, such as a 1971-D struck on a 40% silver planchet or a 2000 Australian Millennium coin with an indented Union Jack, can also significantly increase a coin’s value.
How much is a 50 cent coin worth from 1971?
How much is a $0.50 coin worth today?
Kennedy half-dollar coins are not rare; most are worth only their face value of 50 cents. However, some are more valuable, depending on the year they were minted and their condition. For example, a Kennedy half-dollar coin minted in 1970 and in uncirculated condition is worth about $8.
How much is a 1964 50 cent piece worth?
A 1964 50-cent coin is worth at least its silver melt value, which is roughly $13.52 to $17.50 or more, depending on the price of silver. In circulated condition, its value is typically between $13.50 and $14.25, while uncirculated coins can range from $17 to $20 or even higher. Exceptional or rare errors can be worth thousands of dollars.