The Kennedy Half Dollar, first minted in 1964, holds a special place in U.S. numismatic history. Originally introduced as a tribute to President John F. Kennedy, this coin has become a collector’s favorite due to its historical significance and unique features.
While most Kennedy Half Dollars are worth their face value, a few rare specimens are valued at over $500,000. This guide will help you identify these valuable coins and understand why they are so sought after.
A Brief History of the Kennedy Half Dollar
The Kennedy Half Dollar was minted in response to the assassination of President John F. Kennedy in 1963. The coin’s obverse features a portrait of Kennedy, designed by Gilroy Roberts, while the reverse showcases the presidential seal, designed by Frank Gasparro.
Key Features:
- Initial Composition: The 1964 coins were minted in 90% silver.
- Subsequent Changes: From 1965 to 1970, the composition shifted to 40% silver, and after 1971, most were minted using a copper-nickel clad.
3 Rare Kennedy Half Dollar Coins Worth Over $500,000
| Coin | Estimated Value | Unique Features |
|---|---|---|
| 1964 SMS Kennedy Half Dollar | $156,000 | Special mint set with unique satin finish |
| 1970-D Kennedy Half Dollar | $500,000 | Low mintage year, issued only in mint sets |
| 1964-D Doubled Die Obverse | $57,000 | Obvious doubling on inscriptions |
1. The 1964 SMS Kennedy Half Dollar
- Value: Up to $156,000.
- Rarity: Only about 12 coins are known to exist, making it one of the rarest Kennedy Half Dollars.
- Unique Features: These coins have a distinct satin-like finish, unlike regular 1964 issues. They were likely part of an experimental minting process.
2. The 1970-D Kennedy Half Dollar
- Value: Estimated at $500,000 in pristine condition.
- Rarity: This coin marks the last year Kennedy Half Dollars were minted with silver. It was only issued as part of mint sets, making it scarce in circulation.
- Key Details: Coins in perfect MS-67+ condition can fetch astronomical prices.
3. The 1964-D Doubled Die Obverse
- Value: Up to $57,000.
- Rarity: This error coin is highly sought after by collectors.
- Unique Features: Noticeable doubling on the obverse inscriptions, particularly on “LIBERTY” and “IN GOD WE TRUST.”
How to Spot Valuable Kennedy Half Dollars
Steps to Identify Rare Coins:
- Inspect the Date:
- Look for key dates like 1964, 1970, and others associated with errors or low mintage.
- Check for Mint Marks:
- Coins minted in Denver (D) or San Francisco (S) often have unique characteristics.
- Look for Errors:
- Common errors include doubled dies, missing mint marks, and off-center strikes.
- Evaluate Condition:
- Coins graded MS-65 or higher by professional services are significantly more valuable.
- Use a Magnifying Glass:
- Examine fine details, such as lettering and edges, for signs of errors.
The coin is not just a piece of American history but also a potential goldmine for collectors. Rare coins like the 1964 SMS, 1970-D, and 1964-D Doubled Die Obverse can fetch incredible sums, making them treasures worth hunting for.
Whether you’re a seasoned collector or a beginner, keeping an eye out for these valuable coins could turn your pocket change into a fortune. Start checking your collection today—you might be holding a piece of history worth millions!
FAQs
What makes the 1970-D Kennedy Half Dollar so valuable?
Its limited mintage and exclusive release in mint sets make it rare. Perfect-condition coins can be worth up to $500,000.
How can I tell if I have a 1964 SMS Kennedy Half Dollar?
These coins have a satin finish and are noticeably different from regular 1964 issues. Their rarity lies in the extremely limited number produced.
Are these coins still in circulation?
While they are no longer produced for general circulation, Kennedy Half Dollars are still minted for collectors and are available in certain mint sets.
