What is the value of a Walking Liberty silver dollar?
The Walking Liberty silver dollar was minted from 1916 to 1947 and is one of the most popular and recognizable silver dollars in the United States. The coin was designed by Adolph A. Weinman and features a depiction of Lady Liberty walking towards the sunrise on the obverse (heads) and an eagle in flight on the reverse (tails). Walking Liberty silver dollars were minted in both high relief and low relief, with the high relief coins being more valuable. The value of a Walking Liberty silver dollar can vary depending on the year of mintage, the condition of the coin, and whether it is a high relief or low relief coin.
The Walking Liberty silver dollar was designed to replace the Barber silver dollar, which had been minted since 1892. Weinman's design was chosen from a competition that included submissions from some of the most famous sculptors of the day. The Walking Liberty silver dollar was an immediate success and quickly became one of the most popular coins in the United States. The coin was minted for 31 years, making it one of the longest-running silver dollar designs in American history.
Walking Liberty silver dollars are popular with collectors today because of their beautiful design and their historical significance. The coins are also valuable because they are made of silver, which is a precious metal. The value of a Walking Liberty silver dollar can range from a few dollars to several hundred dollars, depending on the factors mentioned above.
Here is a table of the mintage figures and values of Walking Liberty silver dollars by year:
| Year | Mintage | Value |
|---|---|---|
| 1916 | 50,000,000 | $20-$50 |
| 1917 | 85,959,000 | $20-$50 |
| 1918 | 100,652,000 | $20-$50 |
| 1919 | 90,983,000 | $20-$50 |
| 1920 | 81,855,000 | $20-$50 |
| 1921 | 101,920,000 | $20-$50 |
| 1922 | 51,736,000 | $20-$50 |
| 1923 | 54,430,000 | $20-$50 |
| 1924 | 47,132,000 | $20-$50 |
| 1925 | 41,314,000 | $20-$50 |
| 1926 | 33,962,000 | $20-$50 |
| 1927 | 28,664,000 | $20-$50 |
| 1928 | 33,190,000 | $20-$50 |
| 1929 | 27,808,000 | $20-$50 |
| 1930 | 23,028,000 | $20-$50 |
| 1931 | 17,764,000 | $20-$50 |
| 1932 | closed | - |
| 1933 | closed | - |
| 1934 | 40,240,000 | $20-$50 |
| 1935 | 29,985,000 | $20-$50 |
| 1936 | 46,235,000 | $20-$50 |
| 1937 | 36,422,000 | $20-$50 |
| 1938 | 22,121,000 | $20-$50 |
| 1939 | 17,485,000 | $20-$50 |
| 1940 | 20,837,000 | $20-$50 |
| 1941 | 103,715,000 | $20-$50 |
| 1942 | 122,883,000 | $20-$50 |
| 1943 | 193,066,000 | $20-$50 |
| 1944 | 222,781,000 | $20-$50 |
| 1945 | 194,501,000 | $20-$50 |
| 1946 | 144,915,000 | $20-$50 |
| 1947 | 30,720,000 | $20-$50 |
If you have a Walking Liberty silver dollar, you can determine its value by looking at the year of mintage, the condition of the coin, and whether it is a high relief or low relief coin. You can also consult a coin dealer or use an online coin price guide to get an estimate of the value of your coin.
Walking Liberty Silver Dollar Value
The Walking Liberty silver dollar, designed by Adolph A. Weinman, is a highly sought-after coin among collectors. Its value is determined by several key aspects:
- Year of mintage
- Mint mark
- Condition
- Rarity
- Grade
- Numismatic value
- Historical significance
- Precious metal content
The year of mintage and mint mark can indicate the rarity of a particular coin. The condition of the coin, including its luster, surface preservation, and strike quality, also affects its value. The rarity of a coin is determined by its mintage figures and the number of surviving specimens. The grade, assigned by a professional grading service, further determines its condition and authenticity. Numismatic value refers to the coin's significance to collectors and its historical context. Lastly, the intrinsic value of the silver content adds to its overall worth.
1. Year of mintage
The year of mintage plays a crucial role in determining the value of a Walking Liberty silver dollar. Coins minted in certain years are rarer than others, and therefore more valuable. For example, the 1921 Walking Liberty silver dollar has a mintage of just over 101 million coins, while the 1938 Walking Liberty silver dollar has a mintage of just over 22 million coins. As a result, the 1938 Walking Liberty silver dollar is worth more than the 1921 Walking Liberty silver dollar.
- Early Years (1916-1921)
The early years of Walking Liberty silver dollar production saw relatively high mintages, with the exception of the 1916 and 1921 issues. These early coins are generally more affordable and widely available, with values ranging from $20 to $50 depending on condition.
- Mid Years (1922-1933)
The mid years of Walking Liberty silver dollar production witnessed lower mintages compared to the early years. Coins from this period, particularly those with lower mintages like the 1927 and 1931 issues, command higher premiums. Their values typically range from $50 to $150 or more.
- Late Years (1934-1947)
The late years of Walking Liberty silver dollar production resumed higher mintages, with the exception of the 1934 issue. The 1934 Walking Liberty silver dollar, with a mintage of just over 40 million coins, is relatively scarce and valuable. Coins from the later years are generally valued between $20 and $50.
- Rarities and Key Dates
Certain years and mint marks of Walking Liberty silver dollars are recognized as rarities or key dates. These coins have exceptionally low mintages or unique characteristics that make them highly sought after by collectors. Examples include the 1916-D, 1918-S, and 1921-S issues, which can command substantial premiums.
Overall, the year of mintage is a significant factor in determining the value of a Walking Liberty silver dollar. Rarer coins with lower mintages are generally more valuable than those with higher mintages. Collectors and investors alike consider the year of mintage when evaluating the worth and desirability of these historic silver coins.
2. Mint mark
A mint mark is a small letter or symbol that is stamped on a coin to indicate the mint at which it was struck. Mint marks are important for determining the value of a coin, as they can indicate the rarity of a particular issue. In the case of Walking Liberty silver dollars, the mint mark can have a significant impact on the value of the coin.
The following are the mint marks that can be found on Walking Liberty silver dollars:
- D - Denver Mint
- S - San Francisco Mint
- P - Philadelphia Mint
The Philadelphia Mint produced the majority of Walking Liberty silver dollars, so coins with a P mint mark are the most common. Coins with a D or S mint mark are less common, and therefore more valuable. In some cases, a coin with a D or S mint mark can be worth several times more than a coin with a P mint mark.
For example, the 1921 Walking Liberty silver dollar is one of the most valuable coins in the series. The Philadelphia Mint produced over 101 million coins in 1921, so the 1921-P Walking Liberty silver dollar is relatively common. However, the Denver Mint only produced just over 1 million coins in 1921, so the 1921-D Walking Liberty silver dollar is much rarer. As a result, the 1921-D Walking Liberty silver dollar is worth significantly more than the 1921-P Walking Liberty silver dollar.
Mint marks are an important factor to consider when determining the value of a Walking Liberty silver dollar. Coins with a D or S mint mark are generally more valuable than coins with a P mint mark. The rarity of a particular mint mark can have a significant impact on the value of the coin.
3. Condition
The condition of a coin is one of the most important factors in determining its value. This is especially true for Walking Liberty silver dollars, which are highly sought-after by collectors. A coin in good condition will be worth more than a coin in poor condition, even if the coins are from the same year and mint mark.
There are a number of factors that can affect the condition of a coin, including:
- Wear and tear
- Scratches and dings
- Corrosion
- Environmental damage
The more wear and tear a coin has, the lower its grade will be. Coins with no wear are considered to be in mint condition, while coins with heavy wear may be considered to be in poor condition. The grade of a coin is determined by a professional coin grader, who will examine the coin under a microscope to assess its condition.
The condition of a Walking Liberty silver dollar can have a significant impact on its value. For example, a 1921-P Walking Liberty silver dollar in mint condition can be worth several thousand dollars, while a 1921-P Walking Liberty silver dollar in poor condition may be worth only a few dollars.
It is important to note that the condition of a coin is not always easy to determine. Even coins that appear to be in good condition may have hidden damage that can affect their value. For this reason, it is important to have coins graded by a professional before making any major purchases.
By understanding the importance of condition, you can make more informed decisions when buying and selling Walking Liberty silver dollars. You can also take steps to protect your coins from damage, which will help to maintain their value.
4. Rarity
Rarity is a key factor in determining the value of a Walking Liberty silver dollar. The mintage figures and the number of surviving specimens determine the rarity of a particular coin. Coins with lower mintages and fewer surviving specimens are considered to be rarer and, therefore, more valuable.
For example, the 1921 Walking Liberty silver dollar has a mintage of just over 101 million coins, while the 1938 Walking Liberty silver dollar has a mintage of just over 22 million coins. As a result, the 1938 Walking Liberty silver dollar is worth more than the 1921 Walking Liberty silver dollar, even though they are from the same year.
The rarity of a Walking Liberty silver dollar can also be affected by the condition of the coin. Coins in mint condition are rarer than coins in poor condition, and therefore more valuable. The condition of a coin is determined by a professional coin grader, who will examine the coin under a microscope to assess its condition.
Understanding the relationship between rarity and value is important for collectors and investors alike. By understanding which coins are rare and valuable, collectors can make more informed decisions about which coins to add to their collections. Investors can also use this information to make more informed decisions about which coins to buy and sell.
Here are some tips for determining the rarity of a Walking Liberty silver dollar:
- Check the mintage figures for the year and mint mark of the coin.
- Examine the coin under a microscope to assess its condition.
- Consult a coin dealer or use an online coin price guide to get an estimate of the value of the coin.
5. Grade
The grade of a coin is a measure of its condition. Coins are graded on a scale from 1 to 70, with 70 being the highest grade. The grade of a coin is determined by a professional coin grader, who will examine the coin under a microscope to assess its condition. The grade of a coin is important because it can have a significant impact on its value.
For example, a Walking Liberty silver dollar in mint condition (grade 70) can be worth several thousand dollars, while a Walking Liberty silver dollar in poor condition (grade 1) may be worth only a few dollars. The grade of a coin can also affect its liquidity. Coins in higher grades are more desirable to collectors and investors, and therefore easier to sell.
There are a number of factors that can affect the grade of a coin, including:
- Wear and tear
- Scratches and dings
- Corrosion
- Environmental damage
The more wear and tear a coin has, the lower its grade will be. Coins with no wear are considered to be in mint condition, while coins with heavy wear may be considered to be in poor condition.
Understanding the relationship between grade and value is important for collectors and investors alike. By understanding how grades are determined and what factors can affect the grade of a coin, you can make more informed decisions about which coins to buy and sell.
6. Numismatic Value
Numismatic value refers to the value of a coin beyond its intrinsic metal worth. It is determined by factors such as rarity, condition, historical significance, and collector demand. In the case of Walking Liberty silver dollars, numismatic value plays a significant role in determining their overall value.
Walking Liberty silver dollars were minted from 1916 to 1947 and are highly sought after by collectors due to their beautiful design and historical significance. The coins were designed by Adolph A. Weinman and feature a depiction of Lady Liberty walking towards the sunrise on the obverse and an eagle in flight on the reverse. The Walking Liberty silver dollar was the last silver dollar to be circulated widely in the United States, and it is considered to be one of the most beautiful coins ever minted.
The numismatic value of a Walking Liberty silver dollar can vary depending on a number of factors, including:
- Year of mintage: Some years have lower mintages than others, making them more valuable.
- Mint mark: Coins minted at different mints can have different values.
- Condition: Coins in better condition are worth more than coins in poor condition.
- Rarity: Coins with unique characteristics or errors can be worth more than common coins.
- Collector demand: The demand for a particular coin can affect its value.
For example, a 1916 Walking Liberty silver dollar in mint condition can be worth several thousand dollars, while a common date Walking Liberty silver dollar in poor condition may be worth only a few dollars. The numismatic value of Walking Liberty silver dollars has increased significantly in recent years, as more and more collectors are interested in acquiring these beautiful and historic coins.
Understanding the numismatic value of Walking Liberty silver dollars is important for collectors and investors alike. By understanding the factors that affect the value of these coins, you can make more informed decisions about which coins to buy and sell. Numismatic value is a key component of the overall value of Walking Liberty silver dollars, and it is important to consider this factor when determining the worth of these coins.
7. Historical significance
Historical significance plays a crucial role in determining the value of Walking Liberty silver dollars. These coins were minted during a pivotal period in American history and hold immense historical and cultural value. Understanding the historical context behind these coins provides valuable insights into their significance and desirability among collectors.
- Commemoration of American Liberty:
Walking Liberty silver dollars embody the spirit of American liberty and freedom. The iconic design, featuring Lady Liberty striding confidently towards the dawn, represents the nation's pursuit of independence and self-determination. This powerful symbolism resonates with collectors, making these coins highly sought-after.
- Symbol of Economic Stability:
During their time of circulation, Walking Liberty silver dollars served as a symbol of economic stability and prosperity. The silver content of these coins represented a tangible store of value, and their wide acceptance in commerce reflected the strength of the American economy. This historical association with financial stability adds to the desirability of these coins.
- Artistic Masterpiece:
The Walking Liberty silver dollar is widely recognized as one of the most beautiful and artistically significant coins ever produced by the United States Mint. Designed by Adolph A. Weinman, the coin's intricate details and flowing lines showcase the exceptional artistry of the era. This aesthetic appeal makes these coins highly prized by collectors and art enthusiasts.
- Connection to Historical Events:
The minting of Walking Liberty silver dollars coincided with several significant historical events, including World War I and the Great Depression. These coins serve as tangible reminders of the challenges and triumphs faced by the nation during these turbulent times. The historical context associated with these coins enhances their value and appeal to collectors interested in numismatic history.
In conclusion, the historical significance of Walking Liberty silver dollars is deeply intertwined with their value. The coins' embodiment of American liberty, representation of economic stability, artistic excellence, and connection to historical events make them highly desirable among collectors. Understanding this historical significance provides a comprehensive appreciation of the factors that contribute to the value of these iconic silver dollars.
8. Precious metal content
The precious metal content of a coin is a major factor in determining its value. This is especially true for Walking Liberty silver dollars, which are made of 90% silver. The silver content of these coins gives them intrinsic value, which is the value of the metal itself. The price of silver is determined by supply and demand, and it can fluctuate over time. However, the intrinsic value of a Walking Liberty silver dollar will always be based on the amount of silver it contains.
The precious metal content of a Walking Liberty silver dollar also affects its numismatic value. Numismatic value is the value of a coin beyond its intrinsic value. It is determined by factors such as rarity, condition, and collector demand. However, the precious metal content of a coin is a major factor in its numismatic value. This is because precious metals are rare and desirable, and they are often used to make coins that are considered to be valuable.
In conclusion, the precious metal content of a Walking Liberty silver dollar is a major factor in determining its value. The intrinsic value of the coin is based on the amount of silver it contains, and the numismatic value of the coin is based on factors such as rarity, condition, and collector demand. However, the precious metal content of the coin is a major factor in both its intrinsic and numismatic value.
Frequently Asked Questions about Walking Liberty Silver Dollar Value
This section addresses common inquiries and misconceptions regarding the value of Walking Liberty silver dollars, providing informative answers to enhance your understanding.
Question 1: What factors determine the value of a Walking Liberty silver dollar?
The value of a Walking Liberty silver dollar is influenced by several key factors, including the year of mintage, mint mark, condition, rarity, grade, numismatic value, historical significance, and precious metal content. Each of these factors contributes to the overall worth of the coin.
Question 2: Which years and mint marks are considered valuable for Walking Liberty silver dollars?
Coins minted in certain years and bearing specific mint marks are generally more valuable. For instance, the 1921 and 1938 Walking Liberty silver dollars are highly sought after due to their lower mintage figures. Additionally, coins with mint marks other than the common "P" (Philadelphia) can also command a premium, particularly those with "D" (Denver) or "S" (San Francisco) mint marks.
Question 3: How does condition impact the value of Walking Liberty silver dollars?
Condition plays a crucial role in determining the value of these coins. Coins in mint condition, with no visible wear or damage, are the most valuable. As the condition of a coin deteriorates, its value decreases accordingly. Professional coin grading services assess the condition of coins and assign grades, which greatly influence their market worth.
Question 4: What is the significance of rarity in relation to Walking Liberty silver dollar value?
Rarity is a significant factor in determining the value of Walking Liberty silver dollars. Coins with lower mintages or unique characteristics are considered rare and, consequently, more valuable. The mintage figures for each year and mint mark provide valuable insights into the relative rarity of specific coins.
Question 5: How does the precious metal content contribute to the value of Walking Liberty silver dollars?
The precious metal content of Walking Liberty silver dollars, which is 90% silver, significantly influences their value. The intrinsic value of the coin is directly tied to the current price of silver, making these coins desirable both as numismatic collectibles and as a store of precious metal.
Summary: Understanding the various factors that influence the value of Walking Liberty silver dollars is essential for informed collecting and investing. By considering the year of mintage, mint mark, condition, rarity, grade, numismatic value, historical significance, and precious metal content, collectors and investors can make informed decisions about the acquisition and valuation of these iconic silver coins.
Transition to the next article section: This comprehensive guide to Walking Liberty silver dollar value provides a solid foundation for further exploration and informed decision-making in the world of numismatics.
Walking Liberty Silver Dollar Value
The Walking Liberty silver dollar, a beloved numismatic icon, holds significant value that extends beyond its silver content. Its artistic beauty, historical significance, and rarity contribute to its desirability among collectors and investors alike. Understanding the factors that determine the value of these coins is crucial for informed decision-making.
The year of mintage, mint mark, condition, rarity, grade, numismatic value, historical context, and precious metal content all play a pivotal role in shaping the value of Walking Liberty silver dollars. Collectors and investors must carefully consider these factors to accurately assess the worth of these coins.
As the demand for rare and historically significant coins continues to rise, Walking Liberty silver dollars are expected to maintain their value and desirability. Their enduring legacy as symbols of American liberty and artistry ensures their place in the hearts and portfolios of collectors and investors for generations to come.
