The 1964 Kennedy Half Dollar is more than just a coin; it’s a piece of American history. Minted shortly after the assassination of President John F. Kennedy, this coin quickly became a collector’s item. While millions were made, some versions of the 1964 Kennedy Half Dollar are rare and can be worth a lot of money. This guide will help you understand why these coins are valuable and how to identify them.
Historical Background of the 1964 Kennedy Half Dollar
The 1964 Kennedy Half Dollar was introduced in early 1964 to honor President John F. Kennedy after his assassination in November 1963. Replacing the Franklin Half Dollar, this coin quickly gained popularity due to its association with the late president and its swift production.
Key Features of the 1964 Kennedy Half Dollar
Obverse Design
The front of the coin features a portrait of John F. Kennedy, designed by Gilroy Roberts. Above Kennedy’s portrait is the word “LIBERTY,” and below is the year “1964.”
Reverse Design
The back of the coin, designed by Frank Gasparro, shows the Presidential Seal, an eagle holding an olive branch and arrows, surrounded by stars. It also has “UNITED STATES OF AMERICA” and “HALF DOLLAR” inscribed.
Composition
The 1964 Kennedy Half Dollar is made of 90% silver and 10% copper, weighing 12.50 grams. This composition was used only in 1964, which adds to the coin’s value.
Why Is the 1964 Kennedy Half Dollar Rare?
High-Grade Specimens
Coins graded MS-65 or higher are rare and highly valuable. These coins are almost flawless and can fetch high prices.
Special Mint Sets (SMS)
Special Mint Sets from 1964 are distinct from regular proof sets. They have sharper details and a better finish, making them more valuable.
Doubled Die Obverse (DDO)
The Doubled Die Obverse (DDO) variety is a rare error where the design appears doubled, especially in the inscriptions and date. This error makes these coins highly prized.
Accented Hair Variety
The “Accented Hair” variety features extra detailing in Kennedy’s hair, a design change made early in production. This variety is rarer and more desirable.
Mint Mark
The coin was minted in Philadelphia (no mint mark) and Denver (marked with a “D”). Denver Mint coins are often more valuable, especially in high grades.
Collecting and Investing in the 1964 Kennedy Half Dollar
If you’re looking to collect or invest in the 1964 Kennedy Half Dollar, consider these tips:
- Condition Matters: Find coins graded MS-65 or higher for better value.
- Identify Rare Varieties: Look for unique features like the Accented Hair or Doubled Die Obverse.
- Consider Authentication: Use professional grading services like PCGS or NGC to verify your coin’s value.
The 1964 Kennedy Half Dollar not only marks a significant historical moment but also offers potential investment opportunities. Understanding its unique features and rare varieties can help you build a valuable collection.
What makes the 1964 Kennedy Half Dollar valuable?
The 1964 Kennedy Half Dollar is valuable due to its historical significance, unique design, and specific rare varieties, such as high-grade specimens and error coins.
How can I identify a rare 1964 Kennedy Half Dollar?
Look for key features like high-grade conditions (MS-65 or higher), special mint sets, and varieties like the Doubled Die Obverse (DDO) or Accented Hair.
What are Special Mint Sets (SMS) for the 1964 Kennedy Half Dollar?
SMS coins are a specific type of set produced in 1964 with sharper details and a superior finish compared to regular coins, making them more valuable.
How can I check the value of my 1964 Kennedy Half Dollar?
To check your coin’s value, get it graded by a professional service like PCGS or NGC and look for rare varieties and high-grade conditions.
Where was the 1964 Kennedy Half Dollar minted?
The coin was minted in Philadelphia (no mint mark) and Denver (marked with a “D”). Denver Mint coins are often more valuable, especially in higher grades.