The 1939-S Walking Liberty Half Dollar is a coin of immense historical and numismatic value. Struck by the San Francisco Mint, it showcases the artistry of Adolph A. Weinman and reflects a significant period in American coinage.
This guide delves into its history, design, rarity, and current market data, making it an essential reading for collectors and enthusiasts.
History Of The 1939-S Walking Liberty Half Dollar
After skipping half-dollar production in 1938, the San Francisco Mint resumed with the 1939-S Walking Liberty Half Dollar, minting 2,552,000 coins. This was significantly fewer than the Denver Mint’s output of 4,272,000 and the Philadelphia Mint’s 6,812,000 coins that year.
The reduced mintage and striking challenges make it a notable piece for collectors. The 1930s witnessed a surge in interest in modern coin issues, fueled by the commemorative coin craze of the mid-1930s.
Collectors and speculators set aside these coins in substantial quantities, particularly those with low mintages, ensuring their availability for decades.
Design And Features
Obverse
The obverse features Lady Liberty striding confidently towards the rising sun, draped in the American flag. She carries laurel and oak branches, symbolizing civil and military achievements. The design is complemented by the inscriptions LIBERTY, IN GOD WE TRUST, and the year 1939.
Reverse
The reverse showcases a majestic eagle perched on a rocky outcrop with partially spread wings. A pine sapling grows nearby, symbolizing resilience. Surrounding the eagle are inscriptions UNITED STATES OF AMERICA, E PLURIBUS UNUM, and HALF DOLLAR. The San Francisco Mint’s “S” mintmark is located on the left.
Edge
The coin’s edge is reeded, a standard feature for the denomination.
Designer
Adolph A. Weinman, renowned for his iconic Mercury Dime and Walking Liberty Half Dollar designs, created this masterpiece. His initials, “AW,” appear discreetly on the reverse beneath the eagle’s wing.
Coin Specifications
| Feature | Details |
|---|---|
| Country | United States of America |
| Year of Issue | 1939 |
| Denomination | Half Dollar (50 Cents USD) |
| Mintmark | S (San Francisco) |
| Mintage | 2,552,000 |
| Alloy | .900 silver, .100 copper |
| Weight | 12.5 g |
| Diameter | 30.6 mm |
| Edge | Reeded |
| Designer | Adolph A. Weinman |
Market Value and Grading Insights
The 1939-S Walking Liberty Half Dollar is accessible in various grades, with its value influenced by condition and rarity. As of November 2024:
- MS65 Grade: Valued at approximately $275.
- MS67+ Grade: Sold for $4,500 or more at recent auctions.
- MS68 Grade: Achieved record sales exceeding $10,000.
Population Reports
The populations of high-grade examples have increased significantly over the years. According to PCGS and NGC:
| Grade | PCGS Population | NGC Population |
|---|---|---|
| MS67 | 274 | 194 |
| MS67+ | 34 | 18 |
| MS68 | 1 | 3 |
Noteworthy specimens have fetched impressive prices, with examples in MS68 achieving up to $13,800 at auctions.
Collectability And Investment Potential
While the 1939-S Walking Liberty Half Dollar is not classified as a semi-key date, it is highly desirable among collectors. The coin’s relatively low mintage and historical significance add to its appeal. Its availability in superb gem conditions makes it an excellent choice for those seeking high-grade examples.
Common Striking Issues
The coin often exhibits incomplete details, particularly on Lady Liberty’s hand and left leg. Full-strike specimens are rare, enhancing their value.
Tips For Collectors
- Authentication: Ensure that reputable grading services like PCGS or NGC certified coins.
- Condition Focus: Seek coins with minimal wear or those graded MS65 and above.
- Market Trends: Monitor auction results to understand pricing dynamics.
The 1939-S Walking Liberty Half Dollar is a remarkable piece of American numismatic history. Whether you’re a seasoned collector or a newcomer, this coin offers a blend of artistry, rarity, and investment potential. Adolph A. Weinman’s timeless design continues to captivate collectors, ensuring its enduring legacy in the world of coin collecting.
FAQs
Its value ranges from $275 in MS65 to over $10,000 in MS68.
The coin’s relatively low mintage, historical context, and striking design by Adolph A. Weinman make it a collector’s favorite.
No, full-strike examples are rare due to striking difficulties, especially in Liberty’s hand and leg details.
Look for certification from trusted grading companies like PCGS or NGC and verify mintmarks and design details.
Yes, its historical significance, aesthetic appeal, and demand in higher grades make it a sound investment.
