1940 (S) Walking Liberty Half Dollar
Strike Type
Coin Details
Value Estimates
Values as of May 2026 — estimates reflect typical grades (G-4 through MS-63). Coins in lower or exceptional grades may fall outside this range.
Auction Record
$35,250 MS67 04-24-2013 Heritage Auctions
Description
Produced at the San Francisco Mint, the 1940 (S) Walking Liberty Half Dollar is part of the Walking Liberty Half Dollars 1916-1947 series. With a mintage of 4.5 million, this is a less common issue — the lower-mintage of the two mint variants. The obverse features Liberty striding confidently toward the sunrise, draped in the American flag, carrying branches of laurel and oak symbolizing civil and military glory and the reverse displays an eagle perched on a mountain crag with wings partially unfurled, a sapling of mountain pine growing beside it. Struck during the Great Depression, when mintages dropped sharply and the United States abandoned the gold standard in 1933. Coined at the San Francisco Mint, which transitioned from Gold Rush-era production to its modern role producing proof and collector issues. Estimated market value ranges from $39 to $123 depending on grade and condition. Struck in 90% silver, 10% copper, weighing 12.5 grams, 30 mm in diameter, with a reeded edge. Cataloged as PCGS #6610.
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