The Kennedy half dollar, introduced in 1964 to honor President John F. Kennedy, has become a cherished piece among numismatists. While many of these coins are common, certain rare variants can command significant sums in the collectors’ market. Here are five exceptional Kennedy half dollars that could potentially enhance your collection and your wealth.
Contents
1. 1964 Special Mint Set (SMS) Kennedy Half Dollar
In 1964, the U.S. Mint produced a limited number of Special Mint Set (SMS) Kennedy half dollars, distinct from regular proofs. These coins exhibit a unique satin finish with sharp design details and well-defined rims. Their rarity is underscored by the fact that only about a dozen specimens have been certified by the Professional Coin Grading Service (PCGS). One such coin, graded SP68, fetched an impressive $156,000 at auction.
2. 1964 “Accented Hair” Proof Kennedy Half Dollar
Early proof versions of the 1964 Kennedy half dollar featured a distinctive “Accented Hair” design, characterized by more pronounced hair above Kennedy’s ear. This design was later modified, making the original proofs relatively scarce. Additionally, these coins lack a serif on the left side of the “I” in “LIBERTY,” aiding in their identification. High-grade examples, especially those with deep cameo contrasts, are highly sought after, with some fetching up to $19,975.
3. 1970-D Kennedy Half Dollar
The 1970-D Kennedy half dollar holds the distinction of being the last 40% silver half dollar struck for circulation, albeit released only in mint sets. Its limited mintage and unique release make it a prized find among collectors. In top mint state grades, such as MS67 or higher, these coins can command prices upwards of $20,000.
4. 1968-S Proof Kennedy Half Dollar
Proof Kennedy half dollars resumed production in 1968 at the San Francisco Mint, bearing the “S” mint mark. While many proofs from this year are common, those with a perfect PF70 grade and deep cameo contrast are exceptionally rare. One such specimen achieved a sale price of $21,600 in a 2017 auction.
5. 1966 SMS Kennedy Half Dollar with “No FG” Error
Some 1966 Special Mint Set (SMS) Kennedy half dollars are known for the “No FG” error, where the designer’s initials (Frank Gasparro) are missing from the reverse due to over-polished dies. This error, combined with the SMS’s unique finish, makes these coins particularly valuable. High-grade examples with this error can fetch significant sums, with some reaching up to $15,000.
Rare Kennedy Half-Dollars
| Year | Description | Distinctive Feature | Approximate Value (USD) |
|---|---|---|---|
| 1964 | Special Mint Set (SMS) | Satin finish, sharp details | Up to $156,000 |
| 1964 | “Accented Hair” Proof | Pronounced hair above ear | Up to $19,975 |
| 1970 | Denver Mint (D) | Last 40% silver, limited mintage | Up to $20,000 |
| 1968 | San Francisco Proof (S) | PF70 grade, deep cameo | Up to $21,600 |
| 1966 | SMS with “No FG” Error | Missing designer’s initials | Up to $15,000 |
Factors Influencing Value
Several factors contribute to the value of these rare Kennedy half dollars:
- Condition (Grade): Coins in superior condition, especially those graded MS (Mint State) or PF (Proof) 67 and above, command higher prices.
- Rarity: Limited mintage, unique design features, or errors increase a coin’s scarcity and desirability.
- Historical Significance: Coins from pivotal years or with unique backstories often attract premium prices.
Collecting Tips
- Authentication: Due to the high value of these coins, ensure they are authenticated and graded by reputable services like PCGS or NGC.
- Preservation: Maintain coins in protective holders to prevent damage and preserve their condition.
- Market Research: Stay informed about current market trends and recent auction results to make educated purchasing or selling decisions.
Investing in rare Kennedy half dollars can be both a rewarding hobby and a profitable venture. By focusing on coins with unique features, limited mintages, and high grades, collectors can potentially uncover treasures that appreciate over time.
FAQs
What makes the 1964 SMS Kennedy half dollar so valuable?
Its rarity, unique satin finish, and limited number of authenticated specimens contribute to its high value.
How can I identify a 1964 “Accented Hair” Proof Kennedy half dollar?
Look for pronounced hair above Kennedy’s ear and the absence of a serif on the left side of the “I” in “LIBERTY.”
Why is the 1970-D Kennedy half dollar significant?
It was the last 40% silver half dollar minted for circulation, though only available through mint sets, making it rare.
