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1935-S

Half Dollars · Walking Liberty Half Dollars · 1916–1947
Regular
Weight12.5 g
Diameter30.6 mm
MintSan Francisco
StrikeCirculation strike
Mintage 3,854,000
EdgeReeded
Alignment↑↓ Coin
Composition90% Silver, 10% Copper
DesignerAdolph A. Weinman
Collector's Key IDCK-4113

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About this coinHistory

San Francisco delivered 3,854,000 Walking Liberty halves in 1935, edging slightly above the Denver figure for the year and continuing the West Coast branch's pattern of producing serviceable but often soft impressions of Weinman's design. The S mintmark sits in the standard reverse position at the lower left of the eagle. Circulation use was concentrated in California, Oregon, Washington, and Nevada commerce, and surviving examples reflect the heavy regional usage typical of half dollars in the Pacific economy.

The 1935-S shows the strike weakness pattern characteristic of San Francisco Walkers from the 1930s. Liberty's left hand and the skirt thumb are routinely soft, and the eagle's breast feathers frequently lack the central detail visible on better-struck issues. Full Strike examples certified by the Professional Coin Grading Service (PCGS) or Numismatic Guaranty Company (NGC) are genuine condition rarities, and the population reports indicate sharp falloffs above MS-65 with MS-66 coins commanding multi-thousand-dollar premiums when strike is acceptable. Die marker references published by both major grading services document the specific S punch alignment and reverse rock characteristics that distinguish genuine 1935-S strikes from altered Philadelphia hosts.

Authentication focuses on the S mintmark font and placement, since 1935-S has periodically been targeted for mintmark addition from Philadelphia base coins. Genuine S mintmarks of this era show specific shape characteristics worth comparing against confirmed reference pieces. Weight at 12.50 grams and edge inspection on the 30.61 mm reeded planchet provide additional verification. Mid-grade circulated specimens remain affordable for date collectors, while Mint State examples with acceptable strike command premiums that grow steeply through the upper gem range. Original satin luster on the better surviving examples helps distinguish genuine Mint State pieces from coins that have been dipped or lightly cleaned, both common impairments on pre-war Walkers. For the broader West Coast production context, see the Walking Liberty Half Dollar series history.

Price guideReference

Reference data only — not an appraisal.

GradeDescriptionLowHigh
G-4 Good (G) $25 $29
VG-8 Very Good (VG) $26 $30
F-12 Fine (F) $27 $31
VF-20 Very Fine (VF) $29 $34
EF-40 Extremely Fine (EF) $36 $41
AU-50 About Uncirculated (AU) $91 $105
MS-60 Uncirculated (MS) $280 $320
MS-63 Choice Uncirculated (MS) $585 $620
Frequently Asked QuestionsFAQ
How much is a 1935-S Walking Liberty Half Dollar worth?
In Good condition it runs about $25–$29, rising to roughly $280–$320 in Uncirculated. These are reference values, not an appraisal.
How many 1935-S Walking Liberty Half Dollars were minted?
3,854,000 were struck.
What is a 1935-S Walking Liberty Half Dollar made of?
90% Silver, 10% Copper, weighing 12.5 g.
What is the melt value of a 1935-S Walking Liberty Half Dollar?
Its melt value is its metal content multiplied by the current spot price. See our melt calculator on the metals pages for a live figure.
Is the 1935-S Walking Liberty Half Dollar a key date?
It's a more common date overall, though scarcer die varieties may carry a premium — see the varieties list.