Walking Liberty Half Dollar · Half Dollars

1918-D Walking Liberty Half Dollar

Circulation strike struck at the Denver Mint · 3,853,040 made

Silver
Mintage
3,853,040
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: Metal value

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

What is a 1918-D Walking Liberty Half Dollar worth?

In worn condition it trades for about its silver content, 0.3617 troy ounces. Uncirculated coins with full luster or attractive toning sell for more.

What would make yours worth more:

  • Uncirculated condition with full original luster
  • A die variety or minting error

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

Quick answers

Is the 1918-D Walking Liberty Half Dollar rare?
Not by date: 3.9 million were struck. A sharp uncirculated coin or a known variety is what makes one special.
Is the 1918-D 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 1918 Walking Liberty Half Dollar?
On the reverse, at the lower left near the rim, below the pine branch. On this coin the mark is D, for Denver.
Which Denver dates near 1918 are scarcer?
The 1921-D at 208,000, the 1917-D, Obverse Mint Mark at 765,400, the 1916-D at 1,014,400, plus 3 more. So the 1918-D is one of the easier dates of its stretch.
How many 1918-D Walking Liberty Half Dollar coins were made?
3,853,040.
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What to check on your 1918-D

  • Make sure the mint mark really is a D. A worn or filled mark can be misread. It's what separates your coin from the 1918 (6.6 million made).
  • 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.

Circulated examples are usually traded for their silver content. Pick out the best ones: original luster and attractive toning lift a coin above melt, while cleaned coins lose most of their collector value. 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 1918-D

Denver made 3,853,040 in 1918, up from 1.9 million in 1917. In 1919 the figure was 1.2 million.

1918 came to 6.6 million and 1918-S came to 10 million, so neither mint's 1918 coin is much scarcer than the other.

Across Denver's 21 Walking Liberty Half Dollar issues, the hardest to find is the 1921-D with 208,000 made. The 1918-D is one of the easier ones. Within the 1910s it's 10th smallest of 14, between the 1917-D, Reverse Mint Mark (1.9 million) and the 1917-S, Reverse Mint Mark (5.6 million).

Soft strikes and scarce postwar dates (1918 to 1929)

Mintages fell after World War I, reaching only 246,000 at Philadelphia, 208,000 at Denver and 548,000 at San Francisco in 1921. These three 1921 coins are the keys of the series. The 1921-D is the rarest. The 1919 issues from all three mints are also scarce, especially in better grades. Most survivors of these dates are well worn.

No halves were struck in 1922 or from 1924 to 1926. Only San Francisco struck them in 1923, 1927 and 1928. Weinman's design was hard to strike, so coins from these years often show flat centers on Liberty's head and left hand. Fully struck examples of the 1919-D, 1920-D and 1923-S are seldom seen. The 1929-D and 1929-S close the period with mintages near one and two million.

Elsewhere in US coinage in 1918

The Pittman Act authorized the melting of more than 270 million silver dollars, mostly to supply silver to Britain for use in India. No new dollars were struck that 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, 1918-D highlightedLog scale · hover or tap a bar · 1916–1947
100K1M10M

Specifications

SeriesWalking Liberty Half Dollar (1916–1947)
Year1918
MintDenver Mint
Mint mark"D"
Strike typeCirculation strike
Mintage3,853,040
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 1918 Walking Liberty Half Dollar issues

CoinMintageTypeSilver
1918 Walking Liberty Half Dollar6,634,000Circulation strike0.3617 oz
1918-D Walking Liberty Half Dollar3,853,040Circulation strike0.3617 oz
1918-S Walking Liberty Half Dollar10,282,000Circulation 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.