The 1964 Kennedy Half Dollar holds a unique place in American coin collecting. Created shortly after the tragic assassination of President John F. Kennedy, this coin marks a significant event in U.S. history.
While millions were minted, some versions of the 1964 Kennedy Half Dollar are exceptionally rare and valuable. This article will explore what makes these coins special, including their history, design, and rarity.
Historical Background of the 1964 Kennedy Half Dollar
The 1964 Kennedy Half Dollar was introduced to honor President John F. Kennedy after his assassination in November 1963. In early 1964, the U.S. Mint quickly began producing the coin to replace the Franklin Half Dollar.
Because the nation mourned Kennedy’s death deeply, the coin became a collector’s item almost immediately.
Key Features of the 1964 Kennedy Half Dollar
Obverse Design
The front of the coin, known as the obverse, shows a left-facing portrait of John F. Kennedy. This design was created by Gilroy Roberts, who was the Chief Engraver at the U.S. Mint. Above Kennedy’s head, the word “LIBERTY” is written, with the date “1964” below.
Reverse Design
The back of the coin, known as the reverse, was designed by Frank Gasparro. It features the Presidential Seal, which shows an eagle holding an olive branch and arrows. This side also includes stars and the words “UNITED STATES OF AMERICA” and “HALF DOLLAR.”
Composition
The 1964 Kennedy Half Dollar is made of 90% silver and 10% copper, giving it a total weight of 12.50 grams. This silver content makes it different from later versions of the coin, which have less silver.
Why Is the 1964 Kennedy Half Dollar Considered Rare?
Even though millions of 1964 Kennedy Half Dollars were made, some versions are rare and highly collectible. Here are the main reasons why:
1. High-Grade Specimens
Coins in Mint State (MS) condition, especially those graded MS-65 or higher, are very rare. The grading scale ranges from Poor (P-1) to Perfect Mint State (MS-70). High-grade examples of the 1964 Kennedy Half Dollar, which have full luster and few imperfections, are highly desired by collectors.
2. Special Mint Sets (SMS)
In 1964, a limited number of Special Mint Sets (SMS) were created, which are different from the regular Proof Sets. SMS coins have sharper details and a better finish, making the 1964 Kennedy Half Dollar from an SMS especially valuable to collectors.
3. Doubled Die Variety
One of the most sought-after and valuable varieties is the Doubled Die Obverse (DDO). This error occurs when the coin’s design is struck twice, leading to a visible doubling effect on the date and inscriptions. DDO coins are extremely rare and can sell for thousands of dollars.
4. Accented Hair Variety
The “Accented Hair” Kennedy Half Dollar has extra hair details on Kennedy’s portrait. This version came from an early production run and is rarer due to a design change requested by Jacqueline Kennedy. It is very prized by collectors.
5. Mint Mark
The 1964 Kennedy Half Dollar was minted in Philadelphia (no mint mark) and Denver (marked with a “D”). While both versions are collectible, higher-grade coins from the Denver Mint are especially valuable.
Table of Key 1964 Kennedy Half Dollar Varieties
| Variety | Mint Mark | Estimated Value (MS-65 and Above) | Key Feature |
|---|---|---|---|
| Standard 1964 | None | $50 – $150 | 90% silver composition |
| Standard 1964-DD | D | $50 – $150 | Minted in Denver |
| Accented Hair | None | $500 – $3,000 | Extra hair details, early production |
| Doubled Die Obverse (DDO) | None | $1,000 – $5,000 | Doubling on the obverse design |
| 1964 SMS | None/D | $1,500 – $8,000 | Special Mint Set, sharper details |
The 1964 Kennedy Half Dollar is more than just a piece of currency; it is a symbol of American history and a testament to the legacy of President John F. Kennedy. From its unique designs to its various rare versions, this coin captures the hearts of collectors and history enthusiasts alike.
Understanding its background and special features can enhance appreciation for this remarkable coin. Whether you are a seasoned collector or just starting, the 1964 Kennedy Half Dollar is a valuable addition to any collection.
Why is the 1964 Kennedy Half Dollar valuable?
While millions of these coins were made, certain versions are rare and valuable. High-grade coins, special mint sets, and unique varieties, like the Doubled Die Obverse, can sell for thousands of dollars because collectors seek them out.
How can I tell if my 1964 Kennedy Half Dollar is valuable?
To determine the value, look for its condition and any special features. Coins in Mint State (MS) condition, especially those graded MS-65 or higher, are worth more. Also, check for varieties like the Accented Hair or Doubled Die Obverse, which are highly sought after.
What are the differences between the Philadelphia and Denver mint versions?
The 1964 Kennedy Half Dollar was minted in Philadelphia (no mint mark) and Denver (marked with a “D”). Both versions are collectible, but higher-grade coins from the Denver Mint are generally considered more valuable.
Where can I sell or buy a 1964 Kennedy Half Dollar?
You can buy or sell 1964 Kennedy Half Dollars at coin shops, online marketplaces, or through coin shows. Make sure to do some research to find reliable sellers or buyers, and consider getting your coin appraised to know its value before selling.
