Record $160,000 Paid for Rare 1964 Kennedy Half-dollar – A Must-have for Collectors

Image by: PCGS
0

Coins can be extremely valuable, as seen in the following example. John Fitzgerald Kennedy, the 35th President of the United States, has left an indelible impression on the country’s history, both via his leadership and the terrible end of his life.

His killing in 1963 stunned the world, transforming Kennedy into a near-mythical figure. His legacy has been commemorated in a variety of ways over the years, with 50-cent coins serving as one of the most symbolic.

Coins with the Image of John F. Kennedy

The production of coins with John F. Kennedy’s likeness began in 1964, one year after his assassination. To commemorate the President, the United States Mint issued the first series of 50-cent pieces.

These specimens, which once contained 90% silver, immediately became collectibles. While the majority of coins minted since then have just symbolic worth, some special editions and banknotes in excellent condition have sold for exorbitant sums in the market.

There are various reasons why the Kennedy half-dollar is still a favorite among collectors:

  • Historical significance: The coin commemorates a revered president.
  • Material Value: Early versions include a high amount of silver.
  • Rarity: Special editions and well-preserved coins are scarce and precious.

Whether you are an experienced collector or just starting, the Kennedy Half-dollar is a valuable piece of history to have in your collection.

The 1964 Coin 50-Cent

One of the most valuable 50-cent coins featuring John F. Kennedy’s likeness is the SP68, which was produced in 1964.

This coin was part of a unique set published during the first year of manufacture, and it is distinguished by its smooth, satin texture. In 2019, one of these specimens sold for an incredible USD 160,000, making it one of the most sought-after objects among Kennedy money.

How to Authenticate Kennedy Half-dollar Coins

Check the date and the mint stamp. The 1964 Kennedy half dollars were minted at the Philadelphia Mint (no mint mark) and the Denver Mint (D mint mark). Coins dated 1965-1970 contain 40% silver, whereas those dated 1971 and after contain none.
Weigh the coins. A genuine 1964 Kennedy half-dollar should weigh 12.5 grams, as it is made out of 90% silver and 10% copper. Lighter or heavier coins may be counterfeit.
Measure the diameter. An authentic Kennedy half-dollar has a diameter of 30.6 millimeters. Size variations could suggest a fake.
Examine the design intricacies under magnification. Look closely at Kennedy’s hair, facial features, and typography. Genuine coins feature sharp, well-defined details, whereas counterfeits can have soft or mushy details.
Consider having your coins validated by a trusted third-party grading firm, such as PCGS or NGC. They have skilled graders who can accurately evaluate authenticity. For uncommon and valuable kinds, authentication can significantly boost their worth.

How can I Assess the Worth of My Kennedy Half-dollar Coins?

The primary factors influencing the value of Kennedy half dollars are:

Date and Mint Mark

  • ones made between 1964 and 1970 include silver and are more valuable than later copper-nickel ones
  • 1970-D coins were exclusively issued in mint sets and carry considerable premium value.
  • Most coins from 1971 and later are only worth their face value (50 cents).

Condition/grade

  • Uncirculated coins with no wear are more valuable than circulating ones.
  • Higher-grade uncirculated coins have the highest premiums.

Special variations

  • 1776-1976 Bicentennial coins were made in vast quantities and had no additional value.
  • Collectors value the special mint sets and gold coins commemorating the 2014 50th anniversary.

What is the Most Uncommon and Valuable Set or Collection of Kennedy Half-dollar Coins?

The 1967 half-dollar has also generated tremendous curiosity. This piece is unusual for its lack of a mint mark and its 40% silver content. It was minted during a brief interruption in the manufacture of the Kennedy half-dollar, adding to its scarcity.

  • 1964 Special Mint Set (SMS) Kennedy Half Dollars – These coins, which have a distinctive satin sheen, are highly sought after. A 1964 SMS Kennedy half dollar in SP68 condition went for $156,000, making it the most valuable in the series.
  • 1964 Accented Hair Proof Kennedy Half Dollars – In 1964, a limited quantity of proof coins were issued with significantly accentuated hair details on Kennedy’s picture. A 1964 Accented Hair proof in PF68 grade just sold for approximately $20,000.
  • 1964 Kennedy Half Dollar Proof-70 Deep Cameo – A flawless proof coin from the inaugural year of the series. One sample in PR-70 condition sold for $156,000 due to its perfect preservation.
  • 1964-D MS68 Kennedy Half Dollar – The best known 1964 Kennedy half from the Denver mint, graded MS68. It fetched $32,900 at auction, thanks to its excellent condition and rainbow toning.
  • 1967 Special Mint Set (SMS) Kennedy Half Dollars – The 1967 SMS Kennedy half dollars are extremely rare, particularly in excellent grades. An MS69 example went for $31,200.

These Kennedy currencies, with their distinctive characteristics and limited availability, continue to intrigue collectors and aficionados alike.

Source

Leave A Reply

Your email address will not be published.