Although the mintage for the 1918-S Walking Liberty Half Dollar was seemingly plentiful at over 10 million pieces, examples are surprisingly scarce in higher Mint State grades. With the United States' economy in full swing during the final year of World War I, the pressing need for new coinage in the avenues of commerce precluded most 1918-S half dollars from remaining Uncirculated. Hence, this is a Condition Rarity at the Gem level and a coin that should be pursued by any serious specialist who needs an example for their collection. Finer examples are virtually unobtainable above the Gem level of this date and mint.

View 1918-D Walking Liberty Half Dollar Auction Results

The example to the left was sold by Stack's Bowers Galleries in the Anne Kate Collection, where it realized $38,400.