Why the 1983-P Kennedy Half Dollar Is a Must-Have for Collectors

The 1983-P Kennedy Half Dollar is a coin that many collectors find intriguing, especially given its unique production history and design. Minted in Philadelphia, this coin holds a special place in American currency due to its connection to the legacy of President John F. Kennedy and the changes in U.S. Mint production during the early 1980s. In this guide, we’ll break down the key aspects of the 1983-P Kennedy Half Dollar, making it easy to understand for all coin enthusiasts.

Why Is the 1983-P Kennedy Half Dollar Important?

The 1983-P Kennedy Half Dollar is significant for several reasons. First, it was minted in a time when finding half dollars in circulation was quite rare. People often held onto these coins due to their large size and the fact that half dollars were originally made of silver. This particular coin is from a time when the U.S.

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Mint had to increase production to meet demand, leading to the suspension of annual Uncirculated Coin Sets in 1982 and 1983. Instead, a small number of Souvenir Sets were made, making the 1983-P Kennedy Half Dollar more collectible.

Understanding the Value of the 1983-P Kennedy Half Dollar

The value of the 1983-P Kennedy Half Dollar varies depending on its condition, also known as its “grade.” Here’s a breakdown:

• Face Value: $0.50 (the value in normal circulation)
• Raw Mint State: $3 – $5 (typical selling price for ungraded coins)
• MS66 (Mint State 66): $30 – $40 (higher value for well-preserved coins)
• MS67 (Mint State 67): $260 – $290 (top-grade coins with higher value)
• MS68 (Mint State 68): Extremely rare, with significant premiums

Coins in Mint State (MS) grades, especially MS66 and above, are much more valuable. An MS67 coin, for example, can fetch prices from $260 to $290. However, the value of these coins can fluctuate due to the number of collectors and the availability of certified coins on the market.

Market Data and Noteworthy Specimens

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Some of the highest-priced 1983-P Kennedy Half Dollars have been sold at auctions, showcasing their value to collectors:

• PCGS MS67+ #47455371: Sold for $1,357.88 at GreatCollections in August 2023.
• NGC MS67 #6800670-004: Sold for $259.99 on eBay in March 2024.
• PCGS MS67 #5610507: Sold for $288 at Stack’s Bowers in April 2023.

These examples highlight how top-grade coins can command impressive prices, especially when they are rare.

Design Features of the 1983-P Kennedy Half Dollar

The design of the 1983-P Kennedy Half Dollar is one of its standout features:

• Obverse (Front Side):
  • Designed by Gilroy Roberts, it features a portrait of John F. Kennedy, the 35th President of the United States.
  • Inscriptions include “LIBERTY,” “1983,” and “IN GOD WE TRUST.”
  • The mint mark “P” appears on the right side.
• Reverse (Back Side):
  • Designed by Frank Gasparro, it shows a heraldic eagle with arrows and an olive branch, symbolizing war and peace.
  • Inscriptions include “UNITED STATES OF AMERICA” and “HALF DOLLAR.”
  • The eagle faces towards the olive branch, representing peace.
• Edge: The coin has a reeded edge, which is a series of small grooves running around the edge of the coin.

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The 1983-P Kennedy Half Dollar is more than just a piece of currency; it’s a piece of American history. Its unique production story, connection to President Kennedy, and collectible value make it a must-have for coin enthusiasts. Whether you’re a seasoned collector or just starting out, understanding the details of this coin can enhance your appreciation for it. With its historical significance and potential for value, the 1983-P Kennedy Half Dollar is a fascinating addition to any collection.