Kennedy half dollars have been a part of American coinage for over 50 years. First minted in 1964 to honor President John F. Kennedy, these coins have become popular among collectors and numismatists. In this guide, we will explore the history, features, and collecting tips related to Kennedy half dollars. Whether you are a seasoned collector or just starting, understanding these coins can help you appreciate their value and significance.
A Brief History of the Kennedy Half Dollar
The Kennedy half dollar was created following the assassination of President Kennedy in November 1963. The U.S. Mint decided to replace the Franklin half dollar with a new coin to honor the fallen leader. The first coins were minted in 1964 and quickly became a symbol of remembrance.
Key Milestones in Kennedy Half Dollar History
- 1964: The first Kennedy half dollars are released, made of 90% silver.
- 1965-1970: The mint changes the composition to 40% silver, starting in 1965, due to rising silver prices.
- 1971: The coin is switched to a copper-nickel alloy, with no silver content.
- 1992: The first commemorative Kennedy half dollar is minted for the 30th anniversary.
- 2000: The U.S. Mint releases a special coin to celebrate the new millennium.
Understanding the Design of the Kennedy Half Dollar
The design of the Kennedy half dollar is one of its most recognizable features. Here’s what you need to know about its design:
1. Obverse (Front) Design
The front of the coin features a profile of John F. Kennedy, designed by engraver Gilroy Roberts. This image captures the likeness of the President in a dignified manner.
2. Reverse (Back) Design
The reverse side displays the Presidential Seal, featuring an eagle holding arrows and an olive branch. This design emphasizes peace and strength.
3. Mint Mark
The mint mark is located on the reverse side, just above the eagle’s tail. It tells you where the coin was minted:
- No Mint Mark: Philadelphia
- D: Denver
- S: San Francisco
Collecting Kennedy Half Dollars: Tips and Tricks
If you’re interested in collecting Kennedy half dollars, here are some important tips to keep in mind:
1. Know the Rare Dates and Mint Marks
Some years and mint marks are more valuable than others. Pay special attention to:
- 1964-D: This Denver-minted coin is highly sought after.
- 1970-D: The last year silver was used, it can be worth more than face value.
2. Understand Coin Grading
The value of a coin often depends on its condition. Coins are graded on a scale from 1 (poor) to 70 (perfect). Here are a few grades to know:
- Uncirculated: The coin has never been used as currency.
- Brilliant Uncirculated (BU): No signs of wear or damage.
- Proof Coins: Special coins made for collectors with a shiny finish.
3. Look for Errors and Varieties
Some Kennedy half dollars have errors that can increase their value. These can include:
- Double Die: A coin that has been stamped twice, creating a blurry design.
- Wrong Planchet: A coin struck on the wrong metal can be worth significantly more.
4. Use Proper Storage
To keep your coins in good condition, store them in a cool, dry place. Use coin holders or albums to prevent damage.
Table of Kennedy Half Dollar Values
| Year | Mint Mark | Description | Estimated Value |
|---|---|---|---|
| 1964 | No Mint | Standard coin from Philadelphia | $10 to $25+ |
| 1964-D | D | Minted in Denver | $10 to $30+ |
| 1965 | No Mint | First year of 40% silver | $6 to $15+ |
| 1970-D | D | Last silver coin | $40 to $100+ |
| 1982 | No Mint | Rare low mintage | Up to $30+ |
| Error Coins | Varies | Various error types | $100+ depending on error |
Conclusion
For over 50 years, Kennedy half dollars have been more than just currency; they are collectibles that tell a story. Understanding the history, design, and rarity of these coins can greatly enhance your collecting experience. Whether you find them in circulation or add them to your collection through purchases, these coins are a fascinating part of American history. By knowing what to look for and how to preserve your coins, you can appreciate the value they bring—not just in terms of money but as symbols of a significant era in American life.
FAQ’s
Q1: Why are Kennedy half dollars so popular among collectors?
A1: They are popular due to their historical significance, unique design, and potential value.
Q2: How can I tell if my Kennedy half dollar is rare?
A2: Check the date, mint mark, and condition of the coin. Certain years and mint marks are more valuable.
Q3: What does “BU” mean in coin collecting?
A3: “BU” stands for Brilliant Uncirculated, which means the coin has never been used and is in excellent condition.
Q4: Are error coins worth more money?
A4: Yes, error coins can be much more valuable depending on the type of error and the coin’s demand.