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: $8.23 (11/29/2020)
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 95.00 105 160 225 265 290 435 470 500 540 685 850 1280 1800 4850 - - -
$ - - - - - - - - 715 1050 1700 2250 27000 -

NGC Price and Value Guides Disclaimer

Disclaimer: The prices listed in the various NGC Price and Value Guides are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. Prices provided are averages, not specific prices for individual coins. Further, because these prices are only updated from time to time, they do not reflect short term pricing trends, which are quite common and are often quite dramatic, given the volatile nature of the collectible coin marketplace. This is especially true for rare coins, where there are fewer sales and greater variations in sale prices. For all of these reasons, the prices in these guides are designed to serve merely as one of many measures and factors that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and — when appropriate — expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Guides. By using the NGC Guides, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the Guides.

Census

 
NGC GRADE SUMMARY

Total Graded: 3275
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: 11/24/2020 1938 D 50C MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base1472494258431691514341561012156813041138511226---3275
--------------1-1-4---6
--------------173155---31
-----------------------
Total1472494258431691514341561012156813241838912735---3312
 0%1%8%13%25%5%5%1%1%2%3%0%0%2%4%13%12%4%1%--- 

NGC Registry

NGC Registry Score 1938 D 50C MS
 PrAgGVGFVF4045505355586061626364656667686970
Base812372723514505636427157457931044113811731252136915581953240137656166805410339
1332492983844885896667257618771075115011991291143216902102285645656795881610856
000000666725761877107511501199129114321690210228564565679500
000000691735777960110711611226133014951821225233105366742500
Registry Image Gallery
Grade: MS 67
Points: 4565
Owner: DHM
 
Grade: MS 66
Points: 2401
Owner: Sierra Collection
 
View the Registry Image Gallery

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NGC Auction Central Disclaimer

NGC Auction Central Disclaimer

Disclaimer: The auction prices realized listed in the NGC Auction Central are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. The auction data listed by NGC may occasionally contain typographical or input errors that can result in incorrect prices realized appearing on the NGC website. Therefore, the prices realized listed in NGC Auction Central are designed to serve merely as one of many measures and facts that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and – when appropriate – expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Auction Central. By using the NGC Auction Central, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the NGC Auction Central.