The 1939-S Walking Liberty Half Dollar is a fascinating piece for coin collectors, with its beautiful design and historical background. Created by the San Francisco Mint, this coin is part of a series designed by Adolph Alexander Weinman, one of America’s most celebrated coin artists. Weinman’s Walking Liberty Half Dollar remains highly regarded among collectors today, not only for its aesthetic appeal but also for its legacy in American coinage. This guide explores the history, design, and value of the 1939-S Walking Liberty Half Dollar, making it easier for collectors of all ages to understand why this coin is a treasured piece of U.S. history.
Historical Background of the 1939-S Walking Liberty Half Dollar
The 1939-S Walking Liberty Half Dollar was minted in San Francisco, with a total mintage of 2,552,000 coins. The year 1938 saw no production of half dollars, which made the release of the 1939 coin a notable event. Compared to other 1939 half dollars, the 1939-S has a lower mintage than the Denver and Philadelphia issues, making it more appealing to collectors due to its relative rarity.
In the mid-1930s, there was a significant rise in interest in collecting modern coins. Many collectors and investors set aside coins from this period, hoping they would one day become valuable. Because of this, a good number of the 1939-S Walking Liberty Half Dollars have survived in well-preserved conditions, making them easier to find today compared to coins with similar low mintage numbers.
Design and Symbolism of the 1939-S Walking Liberty Half Dollar
Obverse Design
The front side (obverse) of the Walking Liberty Half Dollar features a striking image of Lady Liberty in motion. She is seen walking toward the sun with an outstretched arm, holding laurel and oak branches, which represent civil and military success. Lady Liberty’s flowing gown and an American flag draped over her shoulder create a powerful symbol of freedom and strength. The motto “IN GOD WE TRUST” is engraved near her foot, and the date “1939” is positioned below.
Reverse Design
The reverse side of the coin shows a strong, defiant eagle perched on a rocky ledge. The eagle’s wings are slightly raised, suggesting readiness and vigilance. Next to the eagle is a small pine sapling growing from the rock, symbolizing growth and resilience. Above the eagle is the text “UNITED STATES OF AMERICA,” while “E PLURIBUS UNUM” appears to the left. Below the eagle’s talons, the denomination “HALF DOLLAR” is displayed, along with an “S” mintmark indicating the coin was made in San Francisco.
Edge Design
The 1939-S Walking Liberty Half Dollar has a reeded edge, which consists of small grooves all around the coin’s circumference. This texture was added as a way to prevent counterfeiting and to give the coin a distinguished look.
Grading and Market Value of the 1939-S Walking Liberty Half Dollar
The value of a 1939-S Walking Liberty Half Dollar depends on its condition and grade. In November 2024, coins graded MS65 were valued around $275, while those graded MS67+ sold for over $4,500. For top-pop (best quality) coins graded MS68, prices have reached $10,000 or more at auction, as collectors compete for the rarest and finest examples.
Since 2013, more high-grade examples have been discovered, increasing the supply of MS67 and MS67+ coins. As of 2024, PCGS has reported 274 coins graded MS67, 34 graded MS67+, and only one graded MS68. NGC, another grading service, has three coins graded MS68, making them highly prized by collectors.
Noteworthy Sales and Collectible Highlights
Over the years, some notable 1939-S Walking Liberty Half Dollars have been sold at high prices in major auctions. For instance:
- In January 2021, an NGC MS68 sold for $10,800.
- In September 2019, another MS68 example fetched $13,800 at auction.
These high sales prices reflect the coin’s appeal among advanced collectors who are willing to pay premium prices for coins with excellent luster, minimal marks, and strong strikes.
Adolph Alexander Weinman: The Designer Behind the Walking Liberty
Adolph Alexander Weinman, the designer of the Walking Liberty Half Dollar, was a skilled sculptor who immigrated to the United States from Germany. He also designed the Mercury Dime, another popular coin design. Weinman’s work is known for its elegance and fine details, with the Walking Liberty Half Dollar considered one of his most iconic designs. Weinman’s legacy continues to influence American coin designs, and both of his sons also went on to become prominent sculptors.
Specifications of the 1939-S Walking Liberty Half Dollar
Here’s a quick overview of the key specifications of the 1939-S Walking Liberty Half Dollar:
| Feature | Details |
|---|---|
| Country | United States |
| Year of Issue | 1939 |
| Mint | San Francisco (S mintmark) |
| Mintage | 2,552,000 |
| Alloy | 90% silver, 10% copper |
| Weight | 12.5 grams |
| Diameter | 30.6 mm |
| Edge | Reeded |
| Designer | Adolph A. Weinman |
Conclusion
The 1939-S Walking Liberty Half Dollar is more than just a coin—it’s a piece of American history and art. Its beautiful design by Adolph Weinman and its comparatively low mintage make it a desirable addition to any coin collection. With its values spanning from hundreds to thousands of dollars, depending on grade, this coin holds both aesthetic and financial appeal. Collectors interested in American history, art, and numismatics will find the 1939-S Walking Liberty Half Dollar a rewarding piece to own, study, and preserve for future generations.
FAQ’s
What is the value of a 1939-S Walking Liberty Half Dollar?
As of 2024, a 1939-S Walking Liberty Half Dollar in MS65 condition is worth around $275. Higher-grade coins, such as MS67+, can sell for over $4,500, and MS68 examples have reached prices exceeding $10,000.
What makes the 1939-S Walking Liberty Half Dollar special?
The 1939-S has a lower mintage compared to other 1939 half dollars, making it rarer and more desirable among collectors. Its beautiful design by Adolph Weinman and historical significance also add to its appeal.
Who designed the Walking Liberty Half Dollar?
The Walking Liberty Half Dollar was designed by Adolph Alexander Weinman, a renowned sculptor who also created the Mercury Dime. His iconic designs have become some of the most beloved in U.S. coin history.