1938 Walking Liberty Half Dollar
Base
About This Coin
The 1938 Walking Liberty Half Dollar is a United States half dollar from the Walking Liberty Half Dollars 1916-1947 series — 16th of 25 years in the series. In 1938, coins were struck at the Philadelphia and Denver Mints with a combined mintage of 4.6 million. This ranks 9th of 25 years by total mintage, below the series median of 13.3 million. The obverse features Liberty striding confidently toward the sunrise, draped in the American flag, carrying branches of laurel and oak symbolizing civil and military glory and the reverse displays an eagle perched on a mountain crag with wings partially unfurled, a sapling of mountain pine growing beside it. The 1938-D is a semi-key date with a mintage of only 491,600. Struck in 90% silver, 10% copper, weighing 12.5 grams, 30 mm in diameter, with a reeded edge. Across its variants, estimated values range from $39 to $1.0K depending on mint mark, grade, and strike type. A notable auction result reached $44K in MS67+ grade at Heritage Auctions. Designed by Adolph Alexander Weinman.
Value Estimates
Values as of May 2026 — range across all strike types, reflecting typical grades (G-4 through MS-63). Coins in lower or exceptional grades may fall outside this range.
