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1939

Half Dollars · Walking Liberty Half Dollars · 1916–1947
Regular
Weight12.5 g
Diameter30.6 mm
MintPhiladelphia
StrikeCirculation strike
Mintage 6,820,808
EdgeReeded
Alignment↑↓ Coin
Composition90% Silver, 10% Copper
DesignerAdolph A. Weinman
Collector's Key IDCK-4125

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About this coinHistory

Philadelphia struck 6,820,808 half dollars in 1939, a comfortable production figure that places the issue among the more available dates of the late Walker series in circulated grades. The mintage reflects steady commercial demand for half dollars in the period just before wartime production pressures reshaped Treasury output, and survival rates are correspondingly healthy across all grade ranges. Adolph A. Weinman's high-relief design continued to challenge the Philadelphia coiners during this year, with the same characteristic strike softness on Liberty's skirt thumb and left hand appearing on a substantial portion of surviving examples.

For collectors, the date offers reasonable accessibility through MS65 and a meaningful population at MS66, making it one of the more achievable Philadelphia dates of the period for assemblers of high-grade short sets. The Professional Coin Grading Service (PCGS) and Numismatic Guaranty Company (NGC) both report sizeable certified totals, though the proportion of examples meeting Full Skirt and Full Thumb criteria runs lower than collectors might expect from the mintage figures alone. Original surfaces with the soft cartwheel luster typical of well-struck Philadelphia silver of this era carry the strongest premiums. Die marker variation across the Philadelphia 1939 working dies is documented, with consistent obverse field characteristics helping confirm authenticity on any high-grade purchase where premium pricing applies.

Hairlining and old cleaning are persistent concerns when examining raw material, since the issue moved through collector hands extensively in earlier generations before third-party grading became standard practice. Buyers should rely on certified examples or accept the risk of buying a piece that may have been altered. Date-set assemblers and short-set buyers approach the 1939 Philadelphia as an accessible filler before tackling the late 1930s and early 1940s scarcer issues, where the population thins materially. For the broader history of the design and how 1939 fits within the series, 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) $28 $32
EF-40 Extremely Fine (EF) $29 $34
AU-50 About Uncirculated (AU) $36 $41
MS-60 Uncirculated (MS) $47 $54
MS-63 Choice Uncirculated (MS) $88 $93
Frequently Asked QuestionsFAQ
How much is a 1939 Walking Liberty Half Dollar worth?
In Good condition it runs about $25–$29, rising to roughly $47–$54 in Uncirculated. These are reference values, not an appraisal.
How many 1939 Walking Liberty Half Dollars were minted?
6,820,808 were struck.
What is a 1939 Walking Liberty Half Dollar made of?
90% Silver, 10% Copper, weighing 12.5 g.
What is the melt value of a 1939 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 1939 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.