Walking Liberty Half Dollar · Half Dollars

1916 Walking Liberty Half Dollar

Circulation strike struck at the Philadelphia Mint · 608,000 made

SilverSemi-key
Mintage
608,000
Metal
90% silver, 10% copper
Weight
12.5 g
Diameter
30.6 mm

Original illustration. Tap to flip. Not a photograph of the actual coin.

Pure silver0.3617troy oz
Value band: Collector premium

Face value · Metal value · Small premium · Collector premium · Significant rarity. We use bands because prices change daily.

What is a 1916 Walking Liberty Half Dollar worth?

Collectors pay a real premium for this date, worn or not, because far fewer were made than usual. Uncirculated pieces go much higher.

What would make yours worth more:

  • Uncirculated condition with full original luster
  • A die variety or minting error
  • Certification by PCGS or NGC, which buyers expect for scarce dates

For market prices, check recent sold results for certified coins in the same grade.

Quick answers

Is the 1916 Walking Liberty Half Dollar rare?
Somewhat. 608,000 were made, fewer than most dates, so collectors treat it as a semi-key.
Is the 1916 Walking Liberty Half Dollar silver?
Yes. It's 90% silver, 10% copper and holds 0.3617 troy ounces of pure silver.
Where is the mint mark on a 1916 Walking Liberty Half Dollar?
On the obverse below IN GOD WE TRUST (1916 and some 1917), or on the reverse at the lower left near the rim (some 1917). No mint mark means Philadelphia.
Which Philadelphia dates near 1916 are scarcer?
The 1921 at 246,000. So the 1916 is on the scarcer side for those years.
How many 1916 Walking Liberty Half Dollar coins were made?
608,000.
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What to check on your 1916

  • There's no mint mark on this one, so the date and condition are what matter.
  • Don't clean it. Cleaning leaves fine scratches and an unnatural shine that collectors avoid.
  • Judge the grade under good light. Check Liberty's left hand, the skirt lines over her leg and the eagle's breast. Fully struck hands and heads are unusual.

Never clean it. Collectors pay strong premiums for original surfaces and natural toning on a date like this. A cleaned coin can lose half its value or more. A full strike shows Liberty's left hand and the lines of her skirt clearly. Many dates, especially from branch mints, come weakly struck in those areas.

The story of the 1916

1916 was the first year of the Walking Liberty Half Dollar. Philadelphia struck 608,000 of them. The next year it made 12 million (1917).

1916-S came to 508,000 and 1916-D came to 1 million, so neither mint's 1916 coin is much scarcer than the other. In the whole series, its mintage sits closest to the 1921-S (548,000) and the 1938-D (491,600).

Only the 1921 has a lower mintage among Philadelphia's 20 Walking Liberty Half Dollars. Among the 1910s issues, only the 1916-S had a smaller run.

Weinman's design and the obverse mint mark (1916 to 1917)

Adolph A. Weinman's Walking Liberty half dollar was first struck in 1916 and reached the public in January 1917. Liberty strides toward the rising sun wrapped in the flag. On the reverse an eagle perches on a rock beside a mountain pine sapling. Weinman's AW monogram sits under the tips of the eagle's wings. The first coins carry the mint mark on the obverse below IN GOD WE TRUST.

The 1916 Philadelphia coins, 608,000 struck, have no mint mark. The 1916-S, at 508,000, is the scarcest of the first-year issues. In 1917 the mint mark moved to the reverse near the rim at the lower left, so the 1917-D and 1917-S exist in both positions. The obverse mint mark versions of 1917 are the scarcer pair. First-year coins are often found well worn with flat centers.

Elsewhere in US coinage in 1916

A new generation of silver designs arrived: the Mercury dime, the Standing Liberty quarter and the Walking Liberty half dollar. The first Standing Liberty quarters were struck in very small numbers late in the year.

How to recognize it

Adolph Weinman's design shows Liberty draped in the flag, striding toward the rising sun with branches of laurel and oak in her arm. The reverse shows an eagle perched on a rocky crag with a pine sapling growing beside it. On 1916 and some 1917 coins the mint mark is on the obverse below IN GOD WE TRUST; after that it is on the reverse at the lower left, near the rim.

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Mintage chart

Walking Liberty Half Dollar mintages, 1916 highlightedLog scale · hover or tap a bar · 1916–1947
100K1M10M

Specifications

SeriesWalking Liberty Half Dollar (1916–1947)
Year1916
MintPhiladelphia Mint
Mint markNone
Strike typeCirculation strike
Mintage608,000
Face value50¢
Composition90% silver, 10% copper
Weight12.5 grams
Diameter30.6 mm
EdgeReeded
Silver content0.3617 troy oz (11.250 g)
DesignerAdolph A. Weinman

Other 1916 Walking Liberty Half Dollar issues

CoinMintageTypeSilver
1916 Walking Liberty Half Dollar608,000Circulation strike0.3617 oz
1916-D Walking Liberty Half Dollar1,014,400Circulation strike0.3617 oz
1916-S Walking Liberty Half Dollar508,000Circulation strike0.3617 oz
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Mintage: United States half dollar mintage figures (Wikipedia, CC BY-SA 4.0), compiled from US Mint records and the Guide Book of United States Coins. How we build these pages.