The 1964 Kennedy Half Dollar holds a special place in American numismatics, not only for its historical significance but also for its potential value to collectors.
While many of these coins are common, certain rare variations and mint errors have fetched impressive sums at auctions. Understanding these distinctions can help you determine if you possess a hidden treasure.
Historical Background
Introduced in 1964, the Kennedy Half Dollar was minted to honor President John F. Kennedy following his assassination in 1963.
This coin replaced the Franklin Half Dollar and was initially composed of 90% silver and 10% copper. The obverse features a portrait of President Kennedy, while the reverse showcases the Presidential Seal.
Key Factors Influencing Value
Several factors can significantly impact the value of a 1964 Kennedy Half Dollar:
- Condition (Grade): Coins are graded on a scale from 1 to 70, with higher grades indicating better preservation and, consequently, higher value.
- Mint Mark: Coins minted in Philadelphia bear no mint mark, whereas those from the Denver Mint have a “D” mint mark on the reverse side, below the olive branch.
- Varieties and Errors: Certain variations, such as the “Accented Hair” variety, and mint errors can substantially increase a coin’s value.
Notable High-Value 1964 Kennedy Half Dollars
Some 1964 Kennedy Half Dollars have achieved remarkable prices at auctions due to their rarity and condition:
- 1964 SMS (Special Mint Set) 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.
- 1964 SMS Specimen-67: Another example of the Special Mint Set coin, graded Specimen-67, achieved $87,188 at a GreatCollections auction in 2019.
- 1964 Regular Strike MS68: A standard 1964 Kennedy Half Dollar in Mint State 68 condition reached $57,600 at a Heritage Auctions event in 2024.
Identifying Valuable 1964 Kennedy Half Dollars
To assess if your 1964 Kennedy Half Dollar holds significant value, consider the following steps:
- Examine the Date and Mint Mark: Ensure the coin is dated 1964. Check for a mint mark (“D” for Denver) on the reverse side, below the olive branch.
- Inspect for Varieties: Look for the “Accented Hair” variety, identifiable by more pronounced hair strands above Kennedy’s ear and a missing serif on the “I” in “LIBERTY.”
- Assess Condition: Evaluate the coin’s condition. Coins with minimal wear, strong luster, and no significant scratches or marks are more valuable.
- Seek Professional Grading: For an accurate assessment, consider submitting your coin to a reputable grading service like the Professional Coin Grading Service (PCGS) or Numismatic Guaranty Corporation (NGC).
Preservation Tips
To maintain or enhance the value of your Kennedy Half Dollar:
- Proper Storage: Store coins in a climate-controlled environment, using holders or albums to prevent physical damage and tarnishing.
- Avoid Cleaning: Cleaning can scratch the coin’s surface and reduce its value. It’s best to leave the coin in its original state.
- Handle with Care: Always handle coins by their edges and consider wearing gloves to avoid transferring oils from your skin.
| Coin Type | Year | Grade | Auction Price | Notable Features |
|---|---|---|---|---|
| 1964 SMS Specimen-68 | 1964 | SP68 | $108,000 | Special Mint Set with satin finish |
| 1964 Accented Hair Proof PF68 | 1964 | PF68 | $19,975 | Pronounced hair above ear |
| 1964 SMS Specimen-67 | 1964 | SP67 | $87,188 | Special Mint Set with sharp details |
| 1964 Regular Strike MS68 | 1964 | MS68 | $57,600 | Standard issue in high grade |
The 1964 Kennedy Half Dollar is not just a piece of currency but a significant artifact of American history. While many are common, certain variations and high-grade specimens can be highly valuable.
By carefully examining your coins and understanding the factors that contribute to their value, you might discover a hidden gem in your collection.
FAQs
What is the “Accented Hair” variety of the 1964 Kennedy Half Dollar?
The “Accented Hair” variety features more pronounced hair strands above Kennedy’s ear on the obverse side. This design was part of the initial production but was later modified, making it a sought-after variety among collectors.
How can I tell if my 1964 Kennedy Half Dollar is a Special Mint Set (SMS) coin?
SMS coins have a distinctive satin-like finish and sharper details compared to regular strikes. They were produced in limited quantities and are highly valued by collectors.
Does the absence of a mint mark affect the value of my 1964 Kennedy Half Dollar?
Yes, 1964 Kennedy Half Dollars without a mint mark were produced at the Philadelphia Mint. While common, their value increases significantly if they are in exceptional condition or possess unique varieties.