A seemingly ordinary coin has taken the numismatic world by storm. A rare 1964 Kennedy Half Dollar, discovered in a desk drawer, has captured the attention of collectors and enthusiasts alike.
This unexpected find underscores the potential value hidden in everyday places and highlights the significance of understanding coin varieties and their worth.
The Discovery That Shook the Numismatic Community
In a quiet neighborhood, a resident stumbled upon a 1964 Kennedy Half Dollar while cleaning out an old desk.
What appeared to be a standard coin turned out to be a 1964 Special Mint Set (SMS) Kennedy Half Dollar, a rarity in the coin collecting world.
Experts estimate that only a handful of these coins exist, making this discovery exceptionally noteworthy.
Understanding the 1964 Kennedy Half Dollar
The 1964 Kennedy Half Dollar holds a special place in U.S. history. Minted shortly after President John F. Kennedy’s assassination, it was intended as a tribute to the fallen leader.
The coin was produced in 90% silver, a composition that was soon reduced in subsequent years.
Rare Varieties and Their Significance
Among the 1964 Kennedy Half Dollars, certain varieties are particularly valuable:
1. 1964 Special Mint Set (SMS) Kennedy Half Dollar
- Features: Satin finish, sharp details, no mint mark.
- Estimated Value: Over $250,000 in top grades.
2. 1964 Accented Hair Proof
- Features: Pronounced hair above Kennedy’s ear, missing serif on the “I” in “LIBERTY.”
- Estimated Value: Up to $20,000 in ultra-high grades.
Notable 1964 Kennedy Half Dollar Varieties
| Variety | Key Features | Estimated Value |
|---|---|---|
| Special Mint Set (SMS) | Satin finish, no mint mark, sharp details | Over $250,000 |
| Accented Hair Proof | Pronounced hair, missing serif on “I” in “LIBERTY” | Up to $20,000 |
| Doubled Die Obverse | Doubling on inscriptions | Up to $390 |
| Doubled Die Reverse | Doubling on reverse inscriptions | Up to $925 |
The Importance of Coin Grading
The value of a coin is significantly influenced by its condition, often assessed through professional grading services. Coins graded as MS67 or higher can command premium prices. For instance, a 1964 Kennedy Half Dollar graded MS67 has been valued at up to $24,000.
The unexpected discovery of a rare 1964 Kennedy Half Dollar serves as a reminder of the hidden treasures that may lie unnoticed in our homes.
Understanding the nuances of coin varieties and their values can lead to remarkable finds and significant financial rewards. Whether you’re a seasoned collector or a curious novice, it’s worth taking a closer look at the coins in your possession.
FAQs
How can I identify a 1964 Accented Hair Proof Kennedy Half Dollar?
Look for more pronounced hair above Kennedy’s ear and a missing serif on the “I” in “LIBERTY.”
What makes the 1964 SMS Kennedy Half Dollar so valuable?
Its rarity, satin finish, and lack of a mint mark contribute to its high value.
Are all 1964 Kennedy Half Dollars valuable?
While all have intrinsic silver value, only specific varieties and high-grade coins are particularly valuable.
Where can I get my coin graded?
Professional services like PCGS and NGC offer coin grading services.