The Kennedy Half-Dollar is one among other popular and well-known coins in the U.S. It was first minted in 1964 to honor President John F. Kennedy who was assassinated earlier that same year. Since minting, it has become a favorite coin for numismatic collectors. Although most Kennedy Half-Dollars are valued at their face value even slightly more, some rare and valuable issues can be sold via auction for up to an estimated $150,000 or more. In this article, I will walk readers through four rare Kennedy Half-Dollars that every coin collector needs to be familiar with.
1964 SMS Kennedy Half Dollar
The 1964 SMS Kennedy Half Dollar stands as among the rarest, and most coveted varieties of this iconic coin. In contrast to standard circulation strikes, these coins were distinctly made with a satin-type finish, sharper details, and unique luster. Experts believe that there are only around 12 to 15 such coins in existence, making them much scarcity and much more desired among collectors.
Value Proposition:
- Only a few were ever created, and there are unknowns about their origin.
- Compared to standard 1964 half-dollars, it has a specially sharp and frosted appearance.
- It was never released for public consumption as an official coin.
Value : A 1964 SMS Kennedy Half Dollar sells for between about $47,000 and $150,000, depending upon the condition and grading into which that coin falls. One such coin was sold at auction for more than $156,000 in MS-67 condition.
1970-D Kennedy Half Dollar
The 1970-D Kennedy Half Dollar is also a rare coin, and another interesting point about it is the fact that it was the last year silver was used in making coins for half-dollar denominations that actually circulated. The Denver Mint struck most of these coins for collector sets and not for day-to-day transactions; thus, there is this argument that it is a rarity valued so highly by numismatists.
Why Is It Valuable?
- This was the last circulating half-dollar to carry 40 percent silver.
- Very few were minted compared to other years, as the mintage was only 2.15 million.
- Most were released for uncirculated mint sets, meaning that circulation finds are extremely rare.
Value: A well-preserved 1970-D Kennedy Half Dollar is worth anywhere between $50 and $3,000, with some specimens hitting as high as $10,000 for extraordinary high-grade examples.
1964 Accented Hair Proof Kennedy Half Dollar
When the Kennedy Half-Dollar was first released in 1964, the Mint struck a handful of proofs for the new design bearing the “Accented Hair” feature. This design, which showed more detail in Kennedy’s hair, was quickly modified because Jacqueline Kennedy reportedly disliked it.
Why Is It Valuable?
- It was an early design that was later altered, making it a collector’s favorite.
- The Accented Hair variety is easy to identify by the stronger hair details and a broken lower left serif on the letter “I” in “LIBERTY.”
- It was minted only in proof sets, limiting the number available.
Value: A standard proof Accented Hair 1964 Kennedy Half-Dollar can range from $100 to $5,000, but those in perfect PR-69 condition have fetched over $20,000 at auction.
1998-S Matte Finish Kennedy Half-Dollar
The 1998-S Kennedy Half-Dollar was specially minted as a part of a two-coin set along with the Robert F. Kennedy Commemorative Silver Dollar. This coin has a unique matte finish, unlike other standard proof coins of the era.
Why Is It Valuable?
- It was only included in a special collector’s set, limiting the number available to just 62,000 coins.
- The matte finish gives it a distinct look compared to other proof coins.
- Collectors seek out this specific variation due to its rarity and unique production process.
Value: The 1998-S Matte Finish Kennedy Half-Dollar typically sells for $100 to $300, but perfect-grade specimens have sold for over $1,000.
How to Identify Rare Kennedy Half-Dollars
- If you suspect you have a valuable Kennedy Half-Dollar, here are a few steps to verify its rarity:
- Check the Date and Mintmark: Some of the most valuable Kennedy Half-Dollars have unique dates and mint marks (such as “D” for Denver or “S” for San Francisco).
- Examine the Design Features: Coins like the 1964 Accented Hair variety have specific design differences that set them apart.
- Assess the Condition: The coin’s condition significantly impacts its value. Coins graded MS-67 or higher tend to fetch higher prices.
- Look for Special Mint Finishes: Coins like the 1964 SMS and 1998-S Matte Finish have distinct appearances that make them more valuable.
- Get Professional Appraisal: If you believe you have a rare Kennedy Half-Dollar, consider sending it to a professional coin grading service like PCGS or NGC.
Conclusion
Kennedy Half-Dollars remain highly sought after among collectors due to their historical importance and the variety of rare editions available. While the majority of these coins hold only face value, certain rare specimens—such as the 1964 SMS, 1970-D, 1964 Accented Hair Proof, and 1998-S Matte Finish—can command prices in the thousands, with some even reaching up to $150,000 at auctions. If you happen upon one of these elusive coins, having it appraised could reveal that you’re holding a true numismatic treasure!
FAQs
Q.1 Why are some Kennedy Half-Dollars worth so much money?
A. Certain Kennedy Half-Dollars are valuable due to their rarity, unique minting errors, limited production, or special finishes. Collectors highly seek these coins, driving their prices up significantly.
Q.2 How can I tell if my Kennedy Half-Dollar is rare?
A. Check the coin’s date, mintmark, and special design features. Rare varieties include the 1964 SMS Kennedy Half-Dollar, 1970-D Half-Dollar, 1964 Accented Hair Proof, and 1998-S Matte Finish. A professional grading service can also confirm its authenticity and rarity.
Q.3 What is the most valuable Kennedy Half-Dollar?
A. The 1964 SMS Kennedy Half-Dollar is one of the rarest and most valuable, with only about 12–15 known specimens. In top condition, it has sold for over $150,000 at auction
Q.4 Where can I sell a rare Kennedy Half-Dollar?
A.You can sell rare Kennedy Half-Dollars through coin dealers, online marketplaces (like eBay or Heritage Auctions), or at numismatic auctions. A professional appraisal can help determine the best selling price.
Q.5 Are all 1964 Kennedy Half-Dollars valuable?
A. Not all 1964 Kennedy Half-Dollars are valuable. The standard circulated versions are common and worth only a small premium over their silver content. However, rare varieties like the 1964 SMS and Accented Hair Proof can be worth thousands.