The 1964 Kennedy Half Dollar holds a special place in American numismatic history, not only for its commemoration of President John F. Kennedy but also for its unique characteristics and notable rarities that captivate collectors.
Introduction to the 1964 Kennedy Half Dollar
Minted in 1964, the Kennedy Half Dollar was introduced to honor the late President John F. Kennedy following his assassination in 1963.
This coin features a portrait of Kennedy on the obverse, designed by Gilroy Roberts, and the Presidential Seal on the reverse, crafted by Frank Gasparro.
Notably, the 1964 issue is the only year the coin was struck in 90% silver, making it particularly desirable among collectors.
Key Features of the 1964 Kennedy Half Dollar
| Feature | Description |
|---|---|
| Composition | 90% silver, 10% copper |
| Weight | 12.50 grams |
| Diameter | 30.6 millimeters |
| Edge | Reeded |
| Mintage | Approximately 429 million coins produced across Philadelphia and Denver mints |
Major Rarities to Watch For
While the 1964 Kennedy Half Dollar is common, certain variations and errors significantly enhance its value:
- Accented Hair Variety: Early proof versions display more pronounced hair above Kennedy’s ear. It’s estimated that about 100,000 of these were minted, making them a sought-after variety.
- Special Mint Set (SMS) 1964: Approximately a dozen of these specially produced coins have been identified, characterized by a satin finish and sharp details. They are among the rarest non-error issues of the series.
- Doubled Die Errors: Some 1964 Kennedy Half Dollars exhibit doubling in the inscriptions or design elements, increasing their desirability among error coin collectors.
Valuation and Market Trends
The value of a 1964 Kennedy Half Dollar varies based on its condition and rarity:
- Standard Circulated Coins: Primarily valued for their silver content, these coins are worth approximately $8.63, depending on current silver prices.
- Uncirculated Coins: Coins in mint state can fetch between $12 and $15.
- Accented Hair Proofs: These can command higher prices, especially in pristine condition.
- SMS 1964 Specimens: Due to their extreme rarity, these coins have sold for substantial amounts; one example fetched $47,000 at auction.
Collecting Tips
For those interested in collecting the 1964 Kennedy Half Dollar:
- Authentication: Due to the coin’s popularity, counterfeits exist. It’s advisable to have potential purchases authenticated by reputable grading services.
- Condition Assessment: Coins with minimal wear, clear details, and original luster are more valuable.
- Storage: To maintain condition, store coins in protective holders and keep them in a stable environment to prevent tarnishing.
The 1964 Kennedy Half Dollar is more than just a piece of currency; it’s a tangible connection to a pivotal moment in American history.
Its unique features and notable rarities offer both novice and seasoned collectors an opportunity to own a significant and potentially valuable piece of numismatic heritage.
FAQs
What makes the 1964 Kennedy Half Dollar unique?
It’s the only year the Kennedy Half Dollar was minted in 90% silver, and it was introduced to honor President John F. Kennedy after his assassination.
How can I identify the Accented Hair variety?
Look for more pronounced hair above Kennedy’s ear on the obverse side of the coin.
Are all 1964 Kennedy Half Dollars valuable?
While all have intrinsic silver value, coins in exceptional condition or with rare variations, like the SMS 1964, are significantly more valuable.