How Can I Sell My Old Walking Liberty Half Dollars

Do you have a bunch of old silver Walking Liberty Half Dollars lying around that you inherited

, or that you collected out of circulation years ago? Those old silver half dollars are worth more than 50 cents each.

Walking Liberty Half Dollars were minted from 1916 through 1947. Unbelievably, some people think that older money may not be worth anything because it is no longer used, that it is out of date and obsolete. This is so wrong and is not the case. They are worth more than face value mostly because of their silver content. Many older coins are worth more than newer ones, but that is because they also had lower mintages than coins of today. In the Walking Liberty Half Dollar series, many half dollars have a value that is tied to the bullion market, but a few can be worth much more than that.

One misconception many people have is that these coins are solid silver. But they are not 100% silver. They were made out of a 90% silver and 10% copper alloy. Another misconception is that if you had 2 half dollars, this is one ounce of silver. Again, not so. One half dollar weighs .401880 ounces. If you had 2 silver half dollars, they would weigh .8038 of an ounce. Then take into consideration that they are 90% silver and you can see that calculating the price is not just taking the current silver price.

Now that we have established some background on the coin, how do you sell your collection of Walking Liberty Half Dollars? The process is not has hard as you may think, and in fact is quite easy. Today, most silver coins, especially those dated from 1900 through 1965 are simply sold as a percentage of face value, as are those before 1900 that are very worn. In simple terms, a dealer may quote that s/he is paying 20 times face. This means for each dollar in face value of silver coins, the dealer is paying $20.00. So if you had a roll of silver half dollars, which contains 20 half dollars or $10.00 face, take the face value of the coins ($10.00 times $20) and you get what the dealer may pay. So in this example, a roll of silver half dollars may be worth $200.

This is an easy way to determine the approximate value of your silver coins. Of course, the coins are only worth what someone is willing to pay for them. Without a written offer, they might has well be worth nothing.

Some people think that cleaning a coin will make it worth more. After all, who wants a dirty coin? So, should you clean your coins? The answer to that is always no. Even if the coins are common/non collector coins, you should not clean your coins as there is always a possibility there may be a rare coin, die error, etc,. in the bunch and you do not to reduce the overall value. The fact is, cleaning coins reduces the value. Do not clean your coins.

When you want to sell your coins, there are many places you can go, but in my mind the best value is to contact a coin dealer. Places like Craigs List may be an easy option, but you will be contacting by many odd folks and potentially thieves. Beware of large ads in newspapers from traveling coin buyers. Many people view the coin dealer like the used car salesman. But in reality, the coin dealer, whether online or at a shop is likely to give you the best money for your coins as who else knows the value better than someone who is in business to buy and sell coins.

by: Keith Scott

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