Coin Specifications

Category: Walking Liberty Half Dollars (1916-1947)
Mint: Denver
Mintage: 491,600
Obverse Designer: Adolph A. Weinman
Reverse Designer: Adolph A. Weinman
Composition: Silver
Fineness: 0.9000
Weight: 12.5000g
ASW: 0.3617oz
Melt Value: $6.51 (1/24/2020)
Diameter: 30.6mm
Edge: Reeded
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1938 D 50C MS obverse 1938 D 50C MS reverse
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Description & Analysis

The low mintage of this issue immediately sets it apart from other half dollars of the 1930s. This was the result of greatly slowed commerce during late 1937 and into 1938. Had such a small mintage occurred 15 or 20 years earlier this issue would now be quite rare in Mint State, but by this time collectors were following the monthly mint reports published in hobby journals. Hoarding was the order of the day, and 1938-D halves are scarce only in relation to other dates/mints of the period. Gems are fairly plentiful through MS-66.

In his book on this coin series author Bruce Fox observed that 1938-D half dollars frequently are seen with die-polishing lines, and these should not be confused with hairline scratches on the coin. While such lines are distracting and may affect the grade of a particular specimen, they are a normal part of the minting process.

GRADE SUMMARY

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Price Guide

Last Updated: 9/20/2019

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

1938 D 50C MS
  GVGFVFXF505355586061626364656667686970
Base $ 60.00 70.00 95.00 130 175 245 260 285 435 500 525 585 680 850 1280 1800 4850 - - -
$ - - - - - - - - 715 1050 1700 2250 27000 -

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Census

 
NGC GRADE SUMMARY

Total Graded: 3183
Low Grade: PrAg
Average Grade: 53
High Grade: 67

The chart showing PrAg series, G series, VG series, F series, VF series, 40 series, 45 series, 50 series, 53 series, 55 series, 58 series, 60 series, 61 series, 62 series, 63 series, 64 series, 65 series, 66 series, 67 series.
NGC CENSUS DETAIL Last Updated: 1/21/2020 1938 D 50C MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base1462373978201601444339561012156613040638810923---3183
--------------1-1-4---6
--------------173133---27
-----------------------
Total1462373978201601444339561012156613241339212230---3216
 0%1%7%12%25%5%4%1%1%2%3%0%0%2%4%13%12%4%1%--- 

NGC Registry

NGC Registry Score 1938 D 50C MS
 PrAgGVGFVF4045505355586061626364656667686970
Base2342983143363785606487298569351042111011441217132115472147256146286166805410339
255303321350439589675771882971106511211168125213961747228532505141679588160
000000675771882971106511211168125213961747228532505141679500
0000007028149091006108711331193128614721947242339395653742500
Registry Image Gallery
Grade: MS 66
Points: 2561
Owner: Sierra Collection
 
Grade: MS 65
Points: 2147
Owner: Jwillie33
 
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