Coin Specifications

Category: Walking Liberty Half Dollars (1916-1947)
Mint: Denver
Mintage: 208,000
Catalog: KM-142
Composition: Silver
Fineness: 0.9000
Weight: 12.5000g
ASW: 0.3617oz
Melt Value: $6.35 (9/22/2014)
Diameter: 30.6mm
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

1921 D 50C MS obverse 1921 D 50C MS reverse

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There are no varieties for this coin.

Description & Analysis

The mintage of 208,000 is the lowest of all Walking Liberty half dollars, very few were saved at the time of issue, and most circulated for many years before being saved. The American economy stumbled badly in 1920 and 1921. Massive disruptions caused by the world gearing up for World War I then returning to a post war economy sent shock waves around the world markets. In America the wheels of commerce rapidly slowed, demand slowed as well, disrupting the demand for coinage. Of great importance was the powerful silver lobby in America, which managed to pass a law which required the coinage of large numbers of silver dollars (mostly, but subsidiary coins as well) to replace the silver dollars taken from circulation under the Pittman Act of 1918. Accordingly 86,730,000 Morgan silver dollars were struck by the three mints in 1921, as the legislation for the new Peace dollar had not yet been signed into law. Once the new Peace dollar designs were adapted and modified, coinage began in earnest for those too, with the combined mints stamping out over 84,000,000 Peace dollars dated 1922. The smaller denominations were all but ignored during 1921, which is relevant to this particular Walking Liberty half dollar.

Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.


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Price Guide

Last Updated: 4/24/2014

Click on a price to see historical prices, comparison charts and trends.

1921 D 50C MS
Base $ 340 390 600 1150 2750 2750 4300 4900 6400 8250 8750 9750 10500 14400 17500 32000 46000 - - - -
$ 3050 4500 5150 6750 8500 9250 10250 11500 16500 22500 39000 - - -
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Total Graded: 1278
Low Grade: PrAg
Average Grade: F
High Grade: 66

Upcoming Auctions

Auction Prices Realized

A random selection of coins is shown below.

Auction House
Sale / Lot
9/19/2005 PCGS MS 62   Goldberg September 19-21, 2005 Pre-Long Beach Coin and Currency Auction, 32/Lot# 1746 $9,200.00
5/30/2007 PCGS MS 64   Heritage Auctions 2007 May/June Long Beach, CA Signature US Coin Auction #438, 438/Lot# 1200 $16,100.00
2/28/2008 NGC XF 40   David Lawrence Rare Coins Thursday - Internet Auction # 226, 232/Lot# 7714 $2,012.50
5/30/2010 PCGS VG 10   Teletrade Auction 2862, 2862/Lot# 1867 $368.00
5/27/2012 PCGS XF 40   Bonhams Coins and Medals, 19995/Lot# 1060 $2,223.00
5/30/2012 PCGS F 12   Stack's Bowers The June 2012 Baltimore Auction, 137/Lot# 2751 $575.00
8/2/2012 PCGS VF 35   Heritage Auctions 2012 August 2-5 US Coins Signature Auction- Philadelphia Session(2), 1173/Lot# 3985 $2,232.50
11/10/2013 PCGS AG 3   GreatCollections GreatCollections Coin Auctions 11/10/2013, 100/Lot# 127880 $181.50
8/24/2014 NGC VG 8   Heritage Auctions Internet Coin Auction Session(2), 131435/Lot# 21605 $293.75

NGC Registry

NGC Registry Score 1921 D 50C MS
Registry Image Gallery
Grade: VF 25
Points: 1687
Owner: CBC
Grade: VF 25
Points: 1687
Owner: Doc's Walkers
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Counterfeit Detection: 1921-D Half Dollar

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The Coinage of 1921, Part One

10/1/2004  — One of my favorite dates for United States coinage is 1921. The obvious appeal of this date is, of course, that it includes several scarce and rare issues, but there's even more to the story.
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