When it comes to the world of coin collecting, few items capture the interest of collectors like the Walking Liberty Half Dollar. Among the finest examples, the “High Desert” set and the Gerald Forsythe collection stand out as two of the top-ranked sets of business strike Walking Liberty Half Dollars in the PCGS registry. Recently, these two extraordinary collections were on display at the Long Beach Expo from September 6th to September 8th. This article introduces these remarkable sets, explains the significance of Walking Liberty Half Dollars, and explores the competitive nature of the PCGS registry.
What Are Walking Liberty Half Dollars?
Walking Liberty Half Dollars, often simply called “Walkers,” were minted in the United States from 1916 to 1947. They are among the most cherished coins in American history, appealing to both collectors and the general public. A significant number of these coins were produced to meet public demand. However, lower denominations, like dimes and quarters, were more frequently used in daily transactions and vending machines. As a result, millions of Walkers remained in circulation until the early 1960s.
Walking Liberty Half Dollars were minted at several locations, including Philadelphia, Denver, and San Francisco. Each location is identified by a specific mintmark: coins from Denver bear a ‘D’, while those from San Francisco have an ‘S’. Coins produced in Philadelphia do not feature any mintmark.
In 1917, mintmarks were initially placed on the front side of the coins but were later moved to the back. Key dates for collectors include the 1921-S, 1921-D, and 1919-D, which are harder to find in mint condition. Most Walkers made after 1934 are fairly common, with the exception of the 1938-D, which is notably rarer.
In 1986, the U.S. Mint introduced silver bullion coins featuring a design similar to that of the Walker, though many enthusiasts believe the original design is more aesthetically pleasing.
| Feature | High Desert Set | Forsythe Set |
|---|---|---|
| Weighted GPA | 65.96 | 66.52 |
| Notable Coin | 1920-S Walker | 1920-S Walker |
| Rare Coins | 1921-D, 1921-S | 1921-D |
| Mint Locations | Multiple | Multiple |
| Year Minted | Common Dates | Rare Dates |
|---|---|---|
| 1916-1947 | 1941, 1941-D | 1921-S, 1919-D |
| Average Value (Low Grade) | Below $100 | Above $1,000 |
| Grading Rarity | Common after 1934 | 1938-D |
Collecting Walking Liberty Half Dollars
Many collectors pursue Walking Liberty Half Dollars by date, making it relatively easy to complete a set, especially for those not aiming for grades above MS-65. While these high-graded coins can be quite expensive, lower-grade Walkers remain affordable for most collectors.
In October 2011, collector John Albanese noted that circulated Walkers often sell for around melt value, making them accessible to budget-conscious collectors. For example, in Good-04 grade, early Walking Liberty coins from 1916 and 1916-D cost less than $100 each. However, in higher grades like MS-63, some dates can exceed $1,000, and in gem quality (MS-65 or above), several can sell for over $10,000.
For those unable to complete a full set by date, starting with a limited type set can be an excellent alternative. This approach allows collectors to acquire one example of each design type, focusing on a specific metal or time period. A type set can include half dollars and quarters from the 20th century at a much lower cost.
While building a type set is a great start for beginners, many collectors still prefer gathering sets of Walkers by date and mint location. This type of collecting is not overly complex, but those seeking higher-quality coins should consult experts, especially for rarer dates.
The PCGS Set Registry
The PCGS registry allows collectors to register their graded coins in various categories, encouraging the completion of sets with high-graded coins. Although competition exists within the registry, collectors can also register their sets for fun without focusing on competitive rankings.
Each coin registered has a point value based on factors such as rarity and PCGS grade. For instance, a key date graded MS-65 is worth significantly more points than a common date graded at the same level. The Forsythe set boasts a weighted GPA of 66.52, while the High Desert set has a weighted GPA of 65.96.
Notable Owners and Their Collections
The “High Desert” name represents a collection rather than an individual, with the owner being represented by Scott Travers, a prominent coin expert. The collection includes a variety of coins, including Walking Liberty Half Dollars, Lincoln Cents, and more. Gerald Forsythe is a real person and a leading collector of 20th-century U.S. coins. He is well-known for his remarkable collections of Buffalo Nickels and Mercury Dimes.
The Desert 1920-S Walker
One highlight from the High Desert collection is the 1920-S Walker. This coin is incredibly attractive and features various shades of russet, tan, and blue. Graded MS-65, it has impressive details, particularly on the obverse (front). Comparatively, the Forsythe collection also contains a 1920-S graded MS-66, making the Desert 1920-S stand out for its aesthetic appeal.
The Desert 1920-D Walker
Another key coin is the 1920-D Walker from the High Desert set. This coin has a pedigree of “Pryor,” a legendary collector of half dollars. Though some believe the 1920-D to be rare in uncirculated grades, estimates vary, and the PCGS registry assigns it a weight of 8.00. The Desert-Pryor 1920-D is an attractive piece, though some collectors may prefer the appearance of the Forsythe version.
The Desert 1921-D Walker
Finally, the 1921-D Walker is noteworthy for its rarity and appeal. Graded MS-65, it stands out for its originality and limited contact marks. Collectors often view the 1921-D as a key date, alongside the 1921-S and 1919-D.
Conclusion
The Walking Liberty Half Dollar is not just a piece of currency; it represents a rich history and a passion for collecting. The High Desert and Gerald Forsythe sets exemplify the dedication of coin enthusiasts and their pursuit of quality. Collectors of all levels can find joy in assembling their sets, whether by date, mint location, or type. With ongoing interest in the PCGS registry and the thrill of competition, the world of Walking Liberty Half Dollars continues to captivate new generations.
FAQ’s
What are Walking Liberty Half Dollars?
Walking Liberty Half Dollars, often called “Walkers,” are U.S. coins minted from 1916 to 1947. They are popular among collectors due to their artistic design, featuring Lady Liberty walking toward the sun on the front and an eagle on the back. Many collectors find these coins attractive and historically significant.
How can I tell the value of my Walking Liberty Half Dollars?
The value of Walking Liberty Half Dollars depends on several factors, including their year, mintmark, condition, and rarity. Generally, coins in better condition (higher grades) are worth more. You can check recent auction prices, consult a coin dealer, or use coin price guides to get an estimate of your coins’ worth.
What is the PCGS Set Registry?
The PCGS (Professional Coin Grading Service) Set Registry is a system where collectors can register their graded coins in various categories. Participants aim to complete sets of coins with high grades to earn registry points. These points can be used to compare and rank sets against other collectors, with awards given for the best sets.
What are the key dates for Walking Liberty Half Dollars?
Key dates for Walking Liberty Half Dollars are specific years and mintmarks that are rare and sought after by collectors. The 1921-S, 1921-D, and 1919-D are considered key dates due to their scarcity. Coins minted after 1934 are generally more common, except for the 1938-D, which is relatively rare.
Can beginners start collecting Walking Liberty Half Dollars?
Yes, beginners can start collecting Walking Liberty Half Dollars. It’s advisable to begin with circulated coins, which are often more affordable. Collectors can focus on assembling a complete date set or a type set, which includes one example of each design type. Starting with lower-grade coins allows beginners to enjoy collecting without spending too much money.