The 1938 Walking Liberty half dollars have value as both numismatic coins and as silver bullion. Keep reading to learn more about these silver coins.
Specifications
Type: Walking Liberty Half Dollar
Year: 1938
Face Value: $0.50
Composition: 90% silver, 10% copper
Silver Weight: .36169 oz.
Total Weight: 12.5 grams
Current Silver Bullion Value: $9.91
The US minted the 1938 half dollar with no mint mark and also the 1938 D half dollar. The mint mark, when present, can be found on the reverse side of the coin on the lower left side.
| Series | Location | Quantity Minted |
|---|---|---|
| 1938 | Philadelphia | 4,110,000 |
| 1938 D | Denver | 491,600 |
Value
This coin in circulated condition is worth at least its weight in silver. The silver melt value for this coin is $9.91. This melt value is calculated from the current silver spot price of $27.39 per ounce.
The 1938 half dollar with no mint mark is worth around $14 in good condition. In very fine condition the value is around $15.50. In extremely fine condition the value is around $25. In uncirculated condition the price is around $85 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $185.
The 1938 D half dollar is more rare and more valuable. This coin is worth around $55 in good condition. In very fine condition the value is around $105. In extremely fine condition the value is around $200. In uncirculated condition the price is around $650 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $950.
Proof coins with no mint mark are available and they are each valued at around $800 in PR 65 condition. There were only 8,152 proof coins minted.
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Grading System
Good- The rims of the coin are defined. The motto "IN GOD WE TRUST" is readable.
Very fine- The lines on Lady Liberty's skirt look sharp. There is a small amount of wear on Lady Liberty's right arm and breast.
Extremely fine- Almost all of Lady Liberty's gown lines are visible.
MS 60 uncirculated- There are no signs of wear. The coin has luster, but there may be a few stains, abrasions, or surface marks.
MS 63 choice uncirculated- In the major focal areas there are some blemishes or contact marks. The coin's luster might not be as prominent.
PR 65 proof- There are no flaws to this coin. A few blemishes may be present.
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