1923-S Walking Liberty Half Dollars Present Challenges for Collectors
May 22, 2026
Walking Liberty Half Dollars didn’t see much of a presence on United States Mint production rosters of the 1920s. In fact, the only years of that decade during which any half dollars were struck at the United States Mint were 1920, 1921, 1923, 1927, 1928, and 1929. During half of those years – 1923, 1927, and 1928 – only one U.S. Mint facility struck the denomination: San Francisco.
All of the 1920s Walking Liberty Half Dollars present their own challenges. However, the 1923-S is certainly a standout. Behind the rare 1921-S, perhaps the next-toughest issue is the 1923-S. The 1923-S is a difficult coin to land even in circulated grades. Collectors will easily pay more than $125 for a decent example in F12, while examples in XF40 sail past $1,000 in the retail market. Prices exceed $8,000 in MS63 and surpass $18,000 in MS65.
From PCGS