The 1940 Walking Liberty half dollars have value as both numismatic coins and as silver bullion. Keep reading to learn more about these silver coins.
Specifications
Type: Walking Liberty Half Dollar
Year: 1940
Face Value: $0.50
Composition: 90% silver, 10% copper
Silver Weight: .36169 oz.
Total Weight: 12.5 grams
Current Silver Bullion Value: $11.34
The US minted the 1940 half dollar with no mint mark and also the 1940 S half dollar. The mint mark, when present, can be found on the reverse side of the coin on the lower left side.
| Series | Location | Quantity Minted |
|---|---|---|
| 1940 | Philadelphia | 9,156,000 |
| 1940 S | San Francisco | 4,550,000 |
Value
This coin in circulated condition is worth at least its weight in silver. The silver melt value for this coin is $11.34. This melt value is calculated from the current silver spot price of $31.34 per ounce.
The 1940 half dollar with no mint mark is worth around $14 in good condition. In very fine condition the value is around $15.50. In extremely fine condition the value is around $19. In uncirculated condition the price is around $40 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $65.
The 1940 S half dollar is worth around $14 in good condition. In very fine condition the value is around $15.50. In extremely fine condition the value is around $19. In uncirculated condition the price is around $55 for coins with an MS 60 grade. Uncirculated coins with a grade of MS 63 can sell for around $100.
Proof coins with no mint mark are available and they are each valued at around $650 in PR 65 condition. There were only 11,279 proof coins minted.
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Grading System
Good- The rims of the coin are defined. The motto "IN GOD WE TRUST" is readable.
Very fine- The lines on Lady Liberty's skirt look sharp. There is a small amount of wear on Lady Liberty's right arm and breast.
Extremely fine- Almost all of Lady Liberty's gown lines are visible.
MS 60 uncirculated- There are no signs of wear. The coin has luster, but there may be a few stains, abrasions, or surface marks.
MS 63 choice uncirculated- In the major focal areas there are some blemishes or contact marks. The coin's luster might not be as prominent.
PR 65 proof- There are no flaws to this coin. A few blemishes may be present.
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