The Kennedy half dollar is more than just a coin; it’s a piece of American history. First introduced in 1964, this coin was created to honor the late President John F. Kennedy after his tragic assassination. This article will take you through the fascinating story behind the Kennedy half dollar, its design, historical significance, and its appeal to collectors today.
The Birth of the Kennedy Half Dollar
The Kennedy half dollar was minted as a tribute to President Kennedy, who was assassinated on November 22, 1963. Following his death, there was a strong desire among the public to commemorate him. The U.S. Mint decided to replace the Franklin half dollar with a new coin bearing Kennedy’s image.
The Design Process
Engraver Gilroy Roberts designed the coin. The front side features a profile of President Kennedy, capturing his likeness and spirit. The reverse side of the coin shows the Presidential Seal, with an eagle holding arrows and an olive branch. This design symbolizes strength and peace.
The History of the Coin
The Kennedy half dollar was first released in 1964, just a few months after Kennedy’s assassination. Here’s a brief overview of its history:
Key Historical Points
- 1964: The first Kennedy half dollars were minted, made of 90% silver.
- 1965-1970: The composition was changed to 40% silver due to rising silver prices.
- 1971: The coin switched to a copper-nickel blend, with no silver content.
- 1992: The first commemorative version was released for the 30th anniversary of the coin.
- 2000: A special edition was minted 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 distinctive features. Here’s what you should know:
1. The Obverse Side
The obverse, or front side, of the coin features a portrait of John F. Kennedy. The design is notable for its clarity and depth, which makes it one of the most recognized images in American coinage.
2. The Reverse Side
On the reverse, the coin displays the Presidential Seal. The eagle holds arrows in one talon and an olive branch in the other, representing military strength and peace.
3. The Mint Mark
Each coin has a mint mark that shows where it was made. It is located on the reverse side, just above the eagle’s tail:
- No Mint Mark: Philadelphia
- D: Denver
- S: San Francisco
Collecting Kennedy Half Dollars
Collectors are drawn to Kennedy half dollars for various reasons. Here’s how you can get started if you’re interested in collecting them:
1. Recognizing Rare Coins
Some Kennedy half dollars are more valuable than others. For example:
- 1964-D: This coin is particularly sought after among collectors.
- 1970-D: The last year with silver, which can be worth more than face value.
2. Understanding Coin Grading
The value of a coin can depend on its condition. Coins are graded on a scale from 1 (poor) to 70 (perfect). Here are some common grades:
- Uncirculated: The coin has never been used as currency.
- Brilliant Uncirculated (BU): A coin in pristine condition.
- Proof Coins: Special coins made for collectors with a high-quality finish.
3. Seeking Out Errors
Some Kennedy half dollars have unique errors that can increase their value. Examples include:
- Double Die: A coin stamped twice, which can create a blurry effect.
- Wrong Planchet: A coin struck on a different type of metal.
4. Proper Storage
To keep your coins in good condition, store them in a cool, dry place. Use holders or albums to prevent wear and tear.
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
The Kennedy half dollar is not just a coin; it is a symbol of remembrance and a piece of American history. From its creation shortly after the assassination of John F. Kennedy to its significance in the collecting community today, this coin continues to hold a special place in the hearts of many. By understanding its history, design, and value, you can appreciate the Kennedy half dollar more deeply. Whether you’re a casual collector or a serious numismatist, this coin offers a rich story and a connection to a pivotal moment in American history.
FAQ’s
Q1: Why was the Kennedy half dollar created?
A1: It was created to honor President John F. Kennedy after his assassination.
Q2: What are the most valuable years for Kennedy half dollars?
A2: The 1964-D and 1970-D coins are among the most valuable due to their rarity.
Q3: How can I tell if my Kennedy half dollar is in good condition?
A3: Look for signs of wear, scratches, and overall shine. Coins graded as “Uncirculated” or “BU” are in the best condition.
Q4: Are there error coins worth more?
A4: Yes, error coins can be worth much more depending on the type of error.
Q5: Where can I find Kennedy half dollars to collect?
A5: You can find them at coin shops, online auctions, or through local coin shows.