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Inventory:
1 In Stock
- Product ID: 57063
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| Metal/Chg | Bid | Ask |
|---|---|---|
| Updated: 08/26/25 02:47:01 | ||
Gold
 11.05
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$3,376.22 | $3,389.40 |
The 2016-W 1/2 oz. Gold Walking Liberty Centennial Gold Coin graded SP70 and signed by John Mercanti is a modern masterpiece that pays homage to one of the most beloved designs in American coinage history. Issued by the United States Mint to commemorate the 100th anniversary of the original 1916 Walking Liberty Half Dollar, this special edition coin is struck in .9999 fine 24-karat gold and features an exquisite business-strike satin finish, designated “SP” (Specimen) by PCGS. The addition of John Mercanti’s signature—12th Chief Engraver of the U.S. Mint and designer of the American Silver Eagle reverse—adds an authoritative and prestigious touch to this already historic and visually stunning coin.
The obverse features Adolph A. Weinman’s iconic Walking Liberty design, which first appeared on the silver half dollar from 1916 through 1947. Liberty strides confidently toward the rising sun, draped in the American flag, with her right arm extended and her left holding branches of laurel and oak, symbolizing civic and military glory. The word “LIBERTY” arcs across the top rim, while “IN GOD WE TRUST” appears to the right and the centennial date “2016” is placed at the bottom. In SP70 condition, the details are perfectly rendered—every fold of Liberty’s gown, the flowing lines of the flag, and the textures of the branches are sharply struck and unmarred by even the tiniest flaw.
The reverse replicates Weinman’s bold eagle design as originally seen on the 1916 Walking Liberty Half Dollar. The American bald eagle is perched on a rocky crag, wings partially spread, with a sapling of mountain pine growing from the rock—symbolizing both strength and renewal. The inscriptions “UNITED STATES OF AMERICA,” “E PLURIBUS UNUM,” and “HALF DOLLAR” encircle the eagle, with “AU 24K 1/2 OZ.” indicating the gold purity and weight. The “W” mintmark, denoting production at the West Point Mint, is discreetly placed. As a specimen strike, the coin has a satiny finish with softly frosted surfaces, creating a subtle yet elegant appearance distinct from standard proof or bullion issues.
This commemorative is struck in 24-karat (.9999 fine) gold and weighs 0.5 troy ounces (15.55 grams), with a diameter of 27 mm. It is significantly smaller than the original silver half dollar in size but retains exact proportional fidelity in design, allowing the beauty of Weinman’s artwork to translate seamlessly into gold. The coin has a reeded edge and a smooth satin texture across its fields, creating an appearance that bridges the qualities of an uncirculated and a proof coin. Its unique finish and meticulous production make it a standout among modern gold commemoratives.
The mintage of the 2016-W 1/2 oz. Gold Walking Liberty was limited to just 70,315 coins, making it the rarest of the three 2016 Centennial gold issues (alongside the Mercury Dime and Standing Liberty Quarter). Its lower mintage and larger size have made it especially popular among collectors who sought the full trio or desired a high-relief modern rendition of the classic Walking Liberty design in fine gold. Most coins were sold directly by the U.S. Mint in presentation boxes with certificates of authenticity and quickly sold out upon release, reflecting the strong demand for both the design and the gold content.
The SP70 grade from PCGS (Professional Coin Grading Service) ensures that this specimen is in flawless condition under 5x magnification, exhibiting full strike, clean surfaces, and no post-mint imperfections. The designation “SP” identifies it as a specimen strike—distinct from a true proof but struck with extra care and superior quality over business strikes. This coin also features the John Mercanti signature on the label, an exclusive addition that adds both numismatic prestige and collector appeal. Mercanti’s involvement with the U.S. Mint and his creation of the original Silver Eagle reverse connect him to the broader evolution of American numismatic artistry, making his endorsement particularly meaningful.
Coins signed by John Mercanti are highly desirable in the collector market, as he is one of the most prolific coin designers in U.S. Mint history and played a key role in modernizing American coinage. His signature adds market recognition and an extra layer of distinction, particularly when paired with a flawless grade and a popular historic design such as the Walking Liberty. The combination of SP70 perfection, low mintage, classic design, and a high-profile signature places this coin among the most elite modern commemorative U.S. gold coins.
The 2016-W Gold Walking Liberty also benefits from being a stand-alone commemorative rather than part of a recurring series. This gives it a unique place in U.S. numismatics—a one-year-only gold tribute to one of the most recognized and respected coin designs in the world. It also appeals broadly to collectors of American classic coinage, gold bullion, high-grade modern coins, and U.S. Mint centennial issues. Many consider this coin a centerpiece or keystone for collections focused on U.S. gold or 20th-century design tributes.
In addition to its beauty and rarity, the coin’s intrinsic gold value offers a strong base investment component. Its .9999 purity ensures recognition in global markets, while its association with a major U.S. Mint milestone and perfect PCGS certification means it carries enduring numismatic premium potential. Collectors value the coin not just for its gold, but for its historical tribute, fine craftsmanship, and institutional backing—elements that elevate it far above standard bullion.
In conclusion, the 2016-W 1/2 oz. Gold Walking Liberty Centennial SP70 PCGS with John Mercanti Signature is a perfect blend of history, design, purity, and pedigree. It commemorates one of the most revered coin designs in U.S. history, executed in 24-karat gold with flawless execution and backed by a renowned U.S. Mint engraver’s certification. For serious collectors of modern U.S. coinage, it represents both a crowning acquisition and a lasting tribute to a century of American numismatic artistry.