The 1964 Kennedy Half Dollar is not just a coin; it’s a piece of history that many collectors cherish. Created after the assassination of President John F. Kennedy, this coin holds a special significance in American numismatics.
.This guide will explore the coin’s unique features, its historical background, and why some of these coins are considered rare and valuable.
Historical Background of the 1964 Kennedy Half Dollar
The 1964 Kennedy Half Dollar was introduced as a tribute to President John F. Kennedy after his tragic assassination in November 1963. The U.S. Mint quickly began producing this coin in early 1964, replacing the Franklin Half Dollar. The emotional response to Kennedy’s death led to a surge in demand, making the coin an instant collector’s item.
Key Features of the 1964 Kennedy Half Dollar
Obverse Design
The front side (obverse) of the coin features a left-facing portrait of John F. Kennedy, designed by Gilroy Roberts, the Chief Engraver at the U.S. Mint. Above Kennedy’s head is the word “LIBERTY,” and the date “1964” is shown below.
Reverse Design
The back side (reverse) was designed by Frank Gasparro and displays the Presidential Seal. It shows an eagle holding an olive branch and arrows, surrounded by stars, with the inscriptions “UNITED STATES OF AMERICA” and “HALF DOLLAR.”
Composition
The 1964 Kennedy Half Dollar is made of 90% silver and 10% copper, weighing 12.50 grams. This high silver content differs from later versions of the coin, which contain less silver.
Why Is the 1964 Kennedy Half Dollar Considered Rare?
Despite the fact that millions of these coins were minted, certain versions are considered rare and highly collectible. Here are some reasons why:
1. High-Grade Specimens
Coins in Mint State (MS) condition, especially those graded MS-65 or higher, are rare. The grading scale goes from Poor (P-1) to Perfect Mint State (MS-70). High-grade examples of the 1964 Kennedy Half Dollar, which have full luster and minimal flaws, are in high demand among collectors.
2. Special Mint Sets (SMS)
In 1964, a few Special Mint Sets (SMS) were produced, different from the standard Proof Sets. These SMS coins feature sharper details and a higher quality finish, making the 1964 Kennedy Half Dollar from an SMS especially appealing to collectors.
3. Doubled Die Variety
One of the most famous and valuable varieties is the Doubled Die Obverse (DDO). This error occurs when the coin’s design is struck twice, leading to a noticeable doubling effect on the date and inscriptions. DDO coins are extremely rare and can be worth thousands of dollars.
4. Accented Hair Variety
The “Accented Hair” Kennedy Half Dollar shows extra hair details on Kennedy’s portrait. This version was part of an early production run and is rarer due to a design change reportedly requested by Jacqueline Kennedy. It is highly valued 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 particularly 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 |
| 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 coin; it represents a significant moment in American history. With its rich history, unique designs, and various rare varieties, this coin continues to be a beloved item among collectors.
Whether you’re a seasoned numismatist or just starting your collection, understanding the features and rarity of the 1964 Kennedy Half Dollar is essential. Collecting these coins can be both a rewarding hobby and a way to own a piece of history.
What is the 1964 Kennedy Half Dollar?
The 1964 Kennedy Half Dollar is a coin created to honor President John F. Kennedy after his assassination in 1963.
Why is the 1964 Kennedy Half Dollar valuable?
Certain versions of the coin are rare due to high grades, special mint sets, and unique design errors.
What makes a Kennedy Half Dollar rare?
Coins in excellent condition, special mint varieties, and unique design features contribute to their rarity.
How can I tell if my Kennedy Half Dollar is valuable?
Look for high-grade specimens, special mint marks, and unique varieties like the Doubled Die Obverse.
Where can I find more information on coin collecting?
Many resources are available online, including forums, websites, and local coin clubs for collectors.
