Walking Liberty Half melt value & silver content
1916–1947 · 90% silver · 0.36169 troy oz of pure silver per coin.
What a Walking Liberty Half is worth
The melt value of a Walking Liberty Half is its 0.36169 troy oz of pure silver multiplied by the silver spot price. It contains 90% silver, and at a face value of $0.50 that works out to 0.7234 troy oz of silver for every dollar of face value. The calculator above uses the current spot price, so the figure it shows is what the silver in the coin is worth right now.
Melt value is a floor, not a price. A Walking Liberty Half in collectible grade, or a scarce date, can be worth well above its silver. Dealers also buy under melt and sell over it — the spread is how they make money, so expect to pay a premium buying and receive a discount selling.
What a Walking Liberty Half works out to
| Quantity | Silver | Melt value |
|---|---|---|
| One coin | 0.36169 oz | — |
| A troy ounce of silver | 2.8 coins | — |
| $1.00 of face value | 2 coins | — |
| A roll of 20 | 7.234 oz | — |
Melt value updates with the spot price above.
Silver standards in United States
United States silver coinage ran at 90% fine through 1964. Half dollars continued at 40% from 1965 to 1970, and nothing struck for circulation after that carries silver.
Because dimes, quarters and halves were all struck to the same standard, a dollar of face value in any mix of them holds the same silver — about 0.715 troy oz once circulated. That constant is what this site is named after.
Key dates to look for
- Semi-key1916-S, 1917-S obverse mintmarkEarly issues with the mintmark on the obverse.
- Key1921, 1921-D, 1921-SThe keys to the series; the 1921-D has the lowest mintage of all.
- Semi-key1938-D491,600 struck — the scarcest of the later dates.
Dates like these are worth more than their silver, so check the date and mintmark before anyone values your coin by weight alone.