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1940 Walking Liberty Half Dollar

Strike Type
1940 (P) Half Dollar coin

Coin Details

Year
1940
Denomination
Half Dollar
Mint Mark
P
Strike Type
Regular Strike
Series
Walking Liberty Half Dollars 1916-1947
Designer
Adolph Alexander Weinman
Mintage
9,156,000
Composition
90% Silver, 10% Copper
Weight
12.5g
Diameter
30mm
Edge
Reeded

Value Estimates

$39 - $92

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

$29,375 MS68+ 09-26-2019 Legend Rare Coin Auctions

Description

The 1940 Walking Liberty Half Dollar is a half dollar produced at the Philadelphia Mint as part of the Walking Liberty Half Dollars 1916-1947 series. With a mintage of 9.2 million, this is a less common issue — the higher-mintage of the two mint variants, representing 67% of production. 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. Struck at the original U.S. Mint facility, in continuous operation since 1792. Estimated market value ranges from $39 to $92 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 #6609.

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