Walking Liberty Half Dollar · Half Dollars

1939 Walking Liberty Half Dollar Proof

Proof struck at the Philadelphia Mint · 8,808 made

SilverProof
Mintage
8,808
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 1939 Walking Liberty Half Dollar Proof 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:

  • Grade and, for proofs, strong cameo contrast
  • 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 1939 Walking Liberty Half Dollar Proof rare?
Fairly. The Mint made 8,808 for collectors. Most were kept in their original packaging.
Is the 1939 Walking Liberty Half Dollar Proof silver?
Yes. It's 90% silver, 10% copper and holds 0.3617 troy ounces of pure silver.
Where is the mint mark on a 1939 Walking Liberty Half Dollar?
On the reverse, at the lower left near the rim, below the pine branch. No mint mark means Philadelphia.
How many 1939 Walking Liberty Half Dollar proofs were made?
8,808.
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What to check on your 1939

  • There's no mint mark on this one, so the date and condition are what matter.
  • 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.

Proofs from 1939 were struck one at a time in small numbers and many were later spent or mishandled. Look for hairlines from cleaning, which lower the grade.

The story of the 1939

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.

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 circulation mintagesLog scale · hover or tap a bar · 1916–1947
100K1M10M

Specifications

SeriesWalking Liberty Half Dollar (1916–1947)
Year1939
MintPhiladelphia Mint
Mint markNone
Strike typeProof
Mintage8,808
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 1939 Walking Liberty Half Dollar issues

CoinMintageTypeSilver
1939 Walking Liberty Half Dollar6,812,000Circulation strike0.3617 oz
1939 Walking Liberty Half Dollar Proof8,808Proof0.3617 oz
1939-D Walking Liberty Half Dollar4,267,800Circulation strike0.3617 oz
1939-S Walking Liberty Half Dollar2,552,000Circulation 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.