Identification

1923-S Walking Liberty Half Dollar

Photo reference

3 uploaded photos

Overview

Visual evidence confirms the coin is a 1923 Walking Liberty Half Dollar. The obverse clearly displays the 1923 date. The reverse images provide a clear view of the 'S' mint mark located in the lower left quadrant near the rim, confirming it…

Story

Designed by Adolph A. Weinman, the Walking Liberty Half Dollar is widely considered one of the most beautiful coin designs in United States history.

Maker / Origin

United States Mint

Condition & Value

The visible obverse exhibits moderate to heavy wear consistent with the Very Good (VG) to Fine (F) grade bracket. Liberty's gown lines are largely worn smooth, but the date, motto, and major devices remain clearly defined.

Full Research

See what it's actually worth.

Sold comps, value drivers, and venue guidance pulled from recent auction results.

Market Analysis

The 1923-S is a recognized semi-key date in the Walking Liberty series, as San Francisco was the only mint to strike half dollars that year. Demand remains consistently strong among series collectors filling albums, particularly in lower circulated grades (Good to Fine) where the coin is highly liquid and affordable. While certified Fine-12 or better examples see sharp premiums, raw VG coins trade in a very tight, predictable band.

Value Drivers

Confirmed 1923-S semi-key date status with a clear mint mark

Clear, readable date and obverse devices

Underlying 90% silver composition provides a hard intrinsic value floor

Concerns

Unverified reverse condition could restrict the overall grade to the VG-8 floor

Unseen scratches, rim dings, or evidence of past cleaning would result in a 'details' grade discount

Best Venue

Given the likely VG to low-Fine grade, third-party certification (PCGS/NGC) is not recommended, as grading fees and shipping would consume the majority of the coin's premium. List the coin raw on a platform like eBay or offer it to a local coin dealer, ensuring you provide clear, well-lit photographs of both the obverse and reverse so buyers can accurately assess the final grade.

Upside Potential

If the reverse reveals unexpectedly strong details (e.g., distinct breast feathers on the eagle) that push the overall grade to a solid Fine-15 or Very Fine (VF), the value could approach the $200-$250 range, at which point PCGS or NGC certification would become financially viable.

Also found — market-range context

Related comps outside the valuation band· 6 comps

Surfaced during research but not used to anchor the valuation — wrong form, species, era, or no published price. Shown so the market range around this item is visible.

  • Stack's Bowers· 2025-10-08
    1923-S Walking Liberty Half Dollar. EF-40 (PCGS).
    Link could not be verified.
    $1,200
  • Stack's Bowers· 2024-05-23
    1923-S Walking Liberty Half Dollar. EF-40 (PCGS).
    Link could not be verified.
    $1,020
  • Stack's Bowers· 2024-06-05
    1923-S Walking Liberty Half Dollar. EF Details--Cleaned (CACG).
    Link could not be verified.
    $630
  • Stack's Bowers· 2025-03-05
    1923-S Walking Liberty Half Dollar. VF-25 (PCGS).
    Link could not be verified.
    $456
  • Stack's Bowers· 2021-03-24
    1923-S Walking Liberty Half Dollar. VF Details--Cleaned (NGC).
    Link could not be verified.
    $360
  • Stack's Bowers· 2025-02-27
    1923-S Walking Liberty Half Dollar. VF-20 (PCGS).
    Link could not be verified.
    $240