Walking Liberty Half Dollar · Half Dollars

1937-D Walking Liberty Half Dollar

Circulation strike struck at the Denver Mint · 1,676,000 made

SilverSemi-key
Mintage
1,676,000
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 1937-D 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 1937-D Walking Liberty Half Dollar rare?
Somewhat. 1,676,000 were made, fewer than most dates, so collectors treat it as a semi-key.
Is the 1937-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 1937 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 1937 are scarcer?
The 1938-D at 491,600. So the 1937-D is on the scarcer side for those years.
How many 1937-D Walking Liberty Half Dollar coins were made?
1,676,000.
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What to check on your 1937-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 1937-S (2.1 million made).
  • Don't clean it. Cleaning leaves fine scratches and an unnatural shine that collectors avoid.
  • Proof or circulation strike? A proof has mirror-like fields and frosted design details and was sold to collectors, not released in change. The 1937 Walking Liberty Half Dollar Proof (5,728 made) is the one to compare with.
  • 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 1937-D

Denver made 1,676,000 in 1937, down from 4.3 million in 1936. The next year it made 491,600 (1938-D).

The other mints made far more that year: 1937 alone came to 9.5 million, roughly 5.7 for every 1937-D. If you're checking a pile of 1937 coins, the D is the one to look for. In the whole series, its mintage sits closest to the 1933-S (1,786,000) and the 1919-S (1,552,000).

Denver struck the Walking Liberty Half Dollar in 21 issues between 1916 and 1947. By mintage this one lands in the scarcer half, while the key for that mint is the 1921-D (208,000). Among the 1930s issues, only the 1938-D had a smaller run.

A pause then steady Depression output (1930 to 1940)

No half dollars were struck from 1930 to 1932 while the Depression cut demand for coins. San Francisco resumed with 1,786,000 in 1933. From 1934 all three mints produced halves in most years. Philadelphia passed 12 million in 1936. Denver skipped 1940 and San Francisco skipped 1938.

Proof Walking Liberty halves were offered from 1936. The 1938-D, with only 491,600 struck, is the lowest mintage of the later years and the key of this period. Coins of the 1930s are easier to find in uncirculated grades than earlier dates because roll collecting caught on during the decade. Strikes also tend to be sharper than on the coins of the 1920s, though full detail on Liberty's hand is still uncommon. Most worn examples are now valued for their silver.

Elsewhere in US coinage in 1937

Denver produced the famous "three-legged" Buffalo nickel after a worker polished a damaged die too heavily, removing the bison's front leg.

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, 1937-D highlightedLog scale · hover or tap a bar · 1916–1947
100K1M10M

Specifications

SeriesWalking Liberty Half Dollar (1916–1947)
Year1937
MintDenver Mint
Mint mark"D"
Strike typeCirculation strike
Mintage1,676,000
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 1937 Walking Liberty Half Dollar issues

CoinMintageTypeSilver
1937 Walking Liberty Half Dollar9,522,000Circulation strike0.3617 oz
1937 Walking Liberty Half Dollar Proof5,728Proof0.3617 oz
1937-D Walking Liberty Half Dollar1,676,000Circulation strike0.3617 oz
1937-S Walking Liberty Half Dollar2,090,000Circulation 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.