1937 50C MS67 Certification #25514047, PCGS #6601

Owner's Comments

Designer: Adolph Alexander Weinman Content: 90% Silver, 10% Copper Weight: 12.50 grams Diameter: 30.00 millimeters Edge: Reeded Mint: Philadelphia Production Strikes: 9,522,200 General Description: In 1916 the design of Adolph A. Weinman was selected for the new half dollar motif to replace the Barber design which had been in use since 1892. Weinman, a sculptor, also produced the Liberty Head or “Mercury” dime introduced the same year. The obverse depicts Miss Liberty walking toward the sun, her right arm outstretched, her left arm carrying a bundle of branches, and with a starry cape behind. LIBERTY is above, while IN GOD WE TRUST is to the lower right, and the date is below. The motif seems to have been inspired by Saint-Gaudens’ motif for the illustrious double eagle of 1907. The reverse shows an eagle perched on a rocky crag, from which grows a pine branch, symbol of strength. UNITED STATES OF AMERICA is above, E PLURIBUS UNUM is to the left, and HALF DOLLAR is below. The design has been a favorite with numismatists ever since the time of issue, and many consider it to be one of the most beautiful motifs ever employed on a circulating coin. (Source: Bowers, Q. David Bowers (edited and updated by Mike Sherman, PCGS CoinFacts) The 1937 is fairly available in mint state and Gem condition. It is rarer than the 1936 and 1939, but not as rare as the 1934, 1935, and 1938. Luster is usually white and frosty and strike is typically sharp. (Source: Hall, David. PCGS CoinFacts) Exemplar Notes: Acquired from Pinnacle Rarities, 5/2013

Expert Comments

Charles Morgan

The 1937 Walking Liberty Half Dollar

After intermittent production runs throughout the 1920s and early 1930s, the Philadelphia Mint resumed continuous annual coining of the Walking Liberty Half Dollar in 1934. Philadelphia would ultimately become the only minting facility to produce half dollars every single year through the remainder of the series and beyond — pausing only in 1970, when Denver handled strikes for Uncirculated Coin Sets and San Francisco struck Proofs.

With a substantial output of 9,522,200 coins, the 1937 issue ranks as the second most plentiful half dollar of the 1930s. It sits roughly three million pieces behind the decade-leading 1936 Philadelphia strike (#6598) and exceeds the 1935 (#6595) mintage by about 360,000. Up to 1937, only two issues in the entire series had topped this production level:

Mintage numbers would balloon significantly during the 1940s, which is why the "Short Set" (spanning 1941 to 1947) remains a widely favored entry point for collectors exploring the series.

Coin Characteristics

Mint State 1937 Walking Liberty Half Dollars generally display crisp details and strong brilliance, but due to their age, specimens frequently exhibit light-to-heavy surface patina. However, vivid "PQ" rainbow toning is quite scarce for this date, particularly in upper-tier grades.

While total PCGS submission volume for the 1937 issue trails the 1936 by roughly 15%, both dates yield an almost identical proportion of MS65 coins. The gap widens at MS66 and finer, where lower certification rates make the 1937 notably tougher to find in top-tier grades.

 

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David Hall

The 1937 is fairly available in mint state and Gem condition. It is rarer than the 1936 and 1939, but not as rare as the 1934, 1935, and 1938. Luster is usually white and frosty and strike is typically sharp.

 

 

PCGS #
6601
Designer
Adolph Alexander Weinman
Edge
Reeded
Diameter
30.00 millimeters
Weight
12.50 grams
Mintage
9522200
Metal
90% Silver, 10% Copper
Pop Higher
51
Pop Lower
6370
Region
The United States of America
Price Guide
PCGS Population
Auctions - PCGS Graded
Auctions - NGC Graded

Rarity and Survival Estimates Learn More

Grades
65 or Better 475000 R-1.6 46 / 66 TIE 46 / 66 TIE
All Grades 40000 R-2.6 41 / 66 TIE 41 / 66 TIE
60 or Better 6500 R-3.7 41 / 66 41 / 66
65 or Better 475000
All Grades 40000
60 or Better 6500
65 or Better R-1.6
All Grades R-2.6
60 or Better R-3.7
65 or Better 46 / 66 TIE
All Grades 41 / 66 TIE
60 or Better 41 / 66
65 or Better 46 / 66 TIE
All Grades 41 / 66 TIE
60 or Better 41 / 66

Condition Census Learn More

Pos Grade Thumbnail Pedigree and History
1 PCGS MS68 PCGS MS68

Legend Rare Coin Auctions, March 26, 2020, Lot 312 – $29,375.

1 PCGS MS68

Heritage Auctions, June 5, 2014, Lot 4587 – $15,275.

1 PCGS MS68

Heritage Auctions, July 11, 2013, Lot 3190 – $35,250; "The Gerale Forsythe Collection" (PCGS Set Registry).

1 PCGS MS68 PCGS MS68

As NGC MS68* #316966-002. “The Robert Moreno Collection,” Heritage Auctions, July 28, 2005, Lot 10037 – $13,800“The Bob Simpson Collection,” Heritage Auctions, August 11, 2010, Lot 3261 – $18,400. As PCGS MS68 #25014753. Heritage Auctions, July 11, 2013, Lot 3190 - $35,250.

1 PCGS MS68

“The Joseph C. Thomas Collection,” Heritage Auctions, April 30, 2009, Lot 2525 – $16,100.

PCGS MS68 #1 PCGS MS68

Legend Rare Coin Auctions, March 26, 2020, Lot 312 – $29,375.

#1 PCGS MS68

Heritage Auctions, June 5, 2014, Lot 4587 – $15,275.

#1 PCGS MS68

Heritage Auctions, July 11, 2013, Lot 3190 – $35,250; "The Gerale Forsythe Collection" (PCGS Set Registry).

PCGS MS68 #1 PCGS MS68

As NGC MS68* #316966-002. “The Robert Moreno Collection,” Heritage Auctions, July 28, 2005, Lot 10037 – $13,800“The Bob Simpson Collection,” Heritage Auctions, August 11, 2010, Lot 3261 – $18,400. As PCGS MS68 #25014753. Heritage Auctions, July 11, 2013, Lot 3190 - $35,250.

#1 PCGS MS68

“The Joseph C. Thomas Collection,” Heritage Auctions, April 30, 2009, Lot 2525 – $16,100.