Coins → Walking Liberty Half Dollars, 1916–1947 → 1916 Walking Liberty Half Dollar

1916 Walking Liberty Half Dollar

Semi-keyPhiladelphia Mint
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Why this coin matters

The debut of what many collectors simply call the most beautiful coin America ever circulated: Adolph Weinman's striding Liberty, flag over her shoulder, walking into the sunrise. The 1916 Philadelphia issue is a 608,000-coin start, modest by the standards the series would set in the 1940s, and every 1916, from all three mints, ranks among the scarcer entries on the roster.

The first-year coins also carry the series' short-lived signature: the mintmark on the obverse for the branch strikes, a placement abandoned within months in 1917. Weinman's design outlived its own series; it returned in 1986 on the American Silver Eagle and has been struck by the hundreds of millions since, which means the 1916 half is the rare case of a debut that is also an ancestor.

From the editorial file

First-year coins were saved a little better than the brutal keys that followed, so the 1916 is attainable with patience. The series rewards strike quality everywhere: Walkers are notoriously soft-struck, and two coins in the same holder grade can look a class apart.

Before you buy: the checklist

  • Judge the strike, not just the grade. Liberty's left hand and the eagle's breast tell you what the dies delivered; a sharp example outranks its grade.
  • Obverse mintmark is correct here. On 1916 branch coins the D or S belongs on the front; a reverse mark on a 1916 is a problem, not a variety.
  • Start the set here or end it here. The 1916 trio is the classic bookend to the short set; the middle years are the wallet's problem.

Mintage: the 1916 walking liberty half dollar, mint by mint

IssueMintMintage
1916 Walking Liberty Half DollarPhiladelphia608,000
1916-S Walking Liberty Half DollarSan Francisco508,000
1916-D Walking Liberty Half DollarDenver1,014,400

The 1916 in its series

Sources

Mintage figures: United States Mint (Annual Report of the Director of the Mint), Royal Canadian Mint records, and — for the 1935 banknote issue — Bank of Canada printage records as published in the Charlton Standard Catalogue of Canadian Government Paper Money, cross-checked across independent published references. Specifications: United States Mint coin specifications.

The mintage is the only number that never changes. This is where it lives.