The 2016-W Walking Liberty gold half dollar is set
to go on sale from the U.S. Mint at noon Eastern Time Nov. 17.
The initial issue price will be announced a few days before the
official launch date. The issue price will be based on the Mint’s pricing grid for coins containing precious
metals. If the spot price of gold stays within the $1,250 to $1,299.99
range, the issue price would be $890 per coin. The coin contains a
half-ounce of 24-karat gold.
The Mint has yet to announce mintage and household ordering limits
for the 2016-W Walking Liberty gold half dollar, which is the third
coin to be issued in 2016 to mark the 100th anniversary of the coins'
1916 introduction in .900 fine silver. Tom Jurkowsky, director of the
Mint’s Office of Corporate Communications, said Oct. 11 that
production is completed and the struck coins are still being packaged.
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On April 21, the U.S. Mint released the 2016-W Winged Liberty Head gold dime with a
product limit of 125,000 coins and household ordering limit of 10
coins. The coin, containing a tenth ounce of 24-karat gold, was
offered at $205 each. The product limit was exhausted the same day.
RELATED: A possible solution (or not) to the Mint's fast
sellouts of limited products
However, during initial order reconciliation in the month that
followed, nearly 9,000 coins were returned to inventory, from customer
returns because of damage to the coin, packaging or other reasons, or
coins that were never shipped because of expired credit cards or other
problems encountered with successful order processing.
Mint officials have still not yet decided whether to re-offer the
unsold coins from inventory or melt them.
The 2016-W Standing Liberty gold quarter dollar,
containing a quarter-ounce of 24-karat gold, went on sale Sept. 8 at
$485 per coin. There was a product limit of 100,000 coins and
household ordering limit of one coin. The household ordering
restrictions were lifted Sept. 21.
Through Oct. 2, sales were reported at 79,367 pieces.
Walking Liberty gold half dollar
Like the gold Winged Liberty Head dime and Standing Liberty quarter
dollar, the Walking Liberty gold half dollar is produced at the West
Point Mint with what the Mint refers to as a “business strike” finish.
The planchets, received from Leach Garner, are burnished with steel
media in a solution of mild detergent and surfactant to clean and
brighten them before striking.
The coin is 27 millimeters in diameter and 2.2 millimeters thick.
The planchets are struck twice with tonnage of 110 tons per strike on
a Gräbener press, with the obverse die as the upper
or hammer die and the reverse as the lower or anvil die.
The edge exhibits 135 standard-size reeds, the same as on the
American Eagle half-ounce gold coins.
1916 Centennial series winding down
The 2016-W Walking Liberty gold half dollar is the third and final
release in 2016 to mark the 100th anniversaries of the 1916 Winged
Liberty Head dime, Standing Liberty quarter dollar and Walking Liberty
Winged Liberty Head
dime | Standing Liberty quarter
The anniversary issues are being struck in .9999 fine gold versus
their original 1916 composition of .900 fine silver.
The three 2016 coins replicate the original silver versions that
sculptor Adolph A. Weinman designed for the dime and half dollar and
Hermon A. MacNeil designed for the Standing Liberty quarter dollar.