The 1942 Walking Liberty Half Dollar Proof is a standout in American coin history. With only 27,500 coins minted, this half-dollar proof is a rare find. While many of these coins didn’t survive production, 21,000 were eventually released for sale. At the time, this was a record number, and today, it makes the coin a true collectible.
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The Making of the 1942 Proof Half Dollar
The United States Mint used a total of 12 obverse dies and nine reverse dies to create these coins, which were produced throughout the year. Each proof coin was crafted with remarkable precision, showcasing the fourth version of the Walking Liberty Half Dollar hub.
This hub, introduced in 1938, strengthened the design, adding more details to Lady Liberty’s iconic image. While most proofs are brilliantly struck, some have naturally developed beautiful toning over time.
A small number of these coins display Cameo frosting, which adds a unique, frosted effect to Liberty’s design. According to research by numismatist Roger Burdette, only around 175 coins with Cameo frosting were likely made, making these proofs particularly sought-after by collectors.
Proof Production Paused During WWII
With the U.S. entering World War II, the Mint suspended Proof Set production to focus on the war effort. By the time proofs resumed, the Walking Liberty design had been replaced by the Franklin Half Dollar, marking 1942 as the last proof year for the Liberty design. This adds another layer of historical value to the 1942 Walking Liberty Half Dollar Proof.
Market Value and Famous Examples
The 1942 Walking Liberty Half Dollar Proof has been consistently valuable, with certain high-grade examples selling for thousands of dollars. Here are some noteworthy sales from recent years:
- PCGS PR68+ CAC (Lot 5044) – Sold for $12,000 in 2023, this coin’s grade and condition set it apart.
- NGC PF68 (Lot 7356) – This example, sold in 2024, featured golden toning and fetched $1,560.
- PCGS PR68 (Lot 3556) – With a striking bullseye rainbow toning, this coin sold for $6,600.
- NGC PF68 “The Larry Stendebach Collection” (Lot 4151) – This nearly cameo coin sold for an impressive $16,800 in 2024, thanks to its unique black-and-white appearance.
These sales show the range of prices based on the coin’s condition, toning, and rarity. A brilliant example or one with interesting toning can significantly increase in value.
Specifications of the 1942 Walking Liberty Half Dollar Proof
- Country: United States
- Year of Issue: 1942
- Denomination: Half Dollar (50 Cents USD)
- Mint: Philadelphia
- Mintage: 21,120 coins released
- Metal Composition: 90% silver, 10% copper
- Weight: 12.5 grams
- Diameter: 30.6 mm
- Edge: Reeded
- Designer: Adolph A. Weinman
- Quality: Proof
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What to Look For in a 1942 Proof Walking Liberty Half Dollar
If you’re lucky enough to have a 1942 Proof Half Dollar or are considering adding one to your collection, there are a few features to keep an eye out for:
- Cameo Frosting: Coins with frosted designs stand out and tend to be more valuable.
- Toning: Look for coins with unique toning patterns. Colors like gold, russet, or rainbow can add appeal.
- Condition: Higher-grade proofs with minimal wear are rare and worth more.
- Historical Context: Knowing that 1942 was the final year of the proof Walking Liberty can add historical significance, especially for collectors.
Why Collectors Love the 1942 Walking Liberty Half Dollar
The 1942 Walking Liberty Half Dollar Proof represents a unique chapter in U.S. coin history. With its limited mintage, striking design, and connection to a pivotal time in history, this half-dollar is a prized piece for both beginners and seasoned collectors. Whether you’re captivated by its beauty, rarity, or the story it carries, this coin has earned its place as a collector’s gem.
Ethan is a passionate rare coin collector with years of experience uncovering the stories and history behind unique coins. His insightful articles are a go-to for anyone curious about coin values or their fascinating backstories.