The 1964 Kennedy Half Dollar holds a special place in American numismatic history, not just for its iconic design but also for its potential value.
Some of these coins have fetched up to $200,000 at auctions, making them a sought-after treasure for collectors and investors alike. Could you have one of these valuable coins hiding in your collection?
History of the 1964 Kennedy Half Dollar
Introduced in 1964, the Kennedy Half Dollar was minted to honor President John F. Kennedy following his assassination in 1963.
Designed by Gilroy Roberts (obverse) and Frank Gasparro (reverse), the coin features a left-facing portrait of Kennedy and the Presidential Seal.
The 1964 edition is particularly notable for its 90% silver composition, a feature that was reduced in subsequent years.
Factors Contributing to High Auction Values
Several factors can elevate the value of a 1964 Kennedy Half Dollar:
- Special Mint Sets (SMS): A limited number of 1964 SMS coins were produced, featuring a distinctive satin finish and sharp details. These coins are extremely rare and have fetched high prices at auctions.
- Accented Hair Variety: This variety displays more pronounced hair above Kennedy’s ear. Initially part of the early proof coins, it was later modified, making the “Accented Hair” versions more valuable.
- High-Grade Specimens: Coins that have been preserved in exceptional condition, showing no signs of wear, are graded as Mint State (MS). For instance, a 1964 Kennedy Half Dollar graded MS68 sold for $57,600 at auction.
Notable Auction Sales
Some 1964 Kennedy Half Dollars have achieved remarkable prices at auctions due to their rarity and condition:
- 1964 SMS Specimen-68: This coin, distinguished by its unique satin finish and sharp details, sold for $108,000 at a Heritage Auctions event in 2019.
- 1964 Accented Hair Proof in PF68: Characterized by more pronounced hair above Kennedy’s ear, this variety in Proof 68 condition fetched $19,975 at auction.
Identifying a Valuable 1964 Kennedy Half Dollar
To determine if your 1964 Kennedy Half Dollar is among the valuable ones:
- Check for the Accented Hair Variety: Look for more pronounced hair above Kennedy’s ear. This variety is rarer and more valuable.
- Assess Condition: Coins with minimal wear, retaining original luster and sharp details, are more valuable. High-grade specimens can fetch significant amounts at auctions.
- Look for Special Mint Set (SMS) Characteristics: SMS coins have a distinctive satin finish and sharp details. These coins are extremely rare and have fetched high prices at auctions.
Preservation Tips
To maintain or enhance your half dollar’s value:
- Proper Storage: Use coin holders or albums to prevent physical damage.
- Avoid Cleaning: Cleaning can reduce a coin’s value; it’s best to preserve its natural patina.
- Professional Grading: For high-value coins, consider certification from reputable grading services to authenticate and grade your coin.
| Feature | Accented Hair Variety | Special Mint Set (SMS) | High-Grade Specimens | Notable Auction Price |
|---|---|---|---|---|
| Distinctive Features | Pronounced hair above Kennedy’s ear | Satin finish, sharp details | Minimal wear, original luster | Up to $200,000 |
| Auction Records | $19,975 | $108,000 | $57,600 | |
| Rarity | Rare | Extremely rare | Rare in high grades |
The 1964 Kennedy Half Dollar is more than just a piece of currency; it’s a memento of America’s history. While most are common, certain varieties and high-grade specimens can be highly valuable.
By carefully examining your half dollars and understanding what makes them valuable, you might just discover a hidden treasure in your collection.
FAQs
What makes a 1964 Kennedy Half Dollar valuable?
Several factors can increase the value of a 1964 Kennedy Half Dollar, including rare varieties like the Accented Hair and Special Mint Set (SMS) coins, high-grade conditions (coins graded MS68 or higher), and unique minting errors.
How can I identify the Accented Hair variety?
The Accented Hair variety features more pronounced hair above Kennedy’s ear. This design was part of the initial production run before being modified, making these coins rarer.
Are all 1964 Kennedy Half Dollars made of silver?
Yes, all 1964 Kennedy Half Dollars were composed of 90% silver, making them valuable for their metal content alone.