Coin Values / Walking Liberty Half Dollar / 1938
1938 Walking Liberty Half Dollar Value
The 1938 walking liberty half dollar is struck in 90%/40% silver-era composition, so it carries a melt-value floor regardless of wear. Here is what a 1938 walking liberty half dollar is worth by mint mark and condition — estimates for typical examples.
1938-D
Key date — 491,600 minted.
| Mint | Good | Fine | Extremely Fine | Uncirculated |
|---|---|---|---|---|
| 1938 | $10.85 – $11.94 | $10.85 – $12.48 | $11.39 – $14.11 | $25.85 – $50.85 |
| 1938-D ★ | $60 – $85 | $90 – $130 | $160 – $250 | $450 – $800 |
| 1938-S | $10.85 – $11.94 | $10.85 – $12.48 | $11.39 – $14.11 | $25.85 – $50.85 |
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A typical circulated 1938 walking liberty half dollar is worth $10.85 – $11.94 in Good condition, while uncirculated examples run $25.85 – $50.85. Certain varieties are worth far more — see the key-date notes.
Where is the mint mark on a walking liberty half dollar?
Look for a small letter near the date. No letter means Philadelphia; D is Denver; S is San Francisco.
Educational estimates for typical examples — not an appraisal or an offer to buy. Silver floors assume ~$30/oz. Consult a dealer or PCGS/NGC before transacting.