The 1964 Kennedy Half Dollar is one of the most special coins in U.S. numismatics, created to honor President John F. Kennedy after his assassination. While millions were made, some versions are extremely rare and valuable. In this guide, we’ll explore why this coin is so unique, focusing on its history, design, and the factors that make certain versions highly collectible.
Historical Background of the 1964 Kennedy Half Dollar
In 1964, the U.S. Mint introduced the Kennedy Half Dollar to remember President John F. Kennedy, who was tragically assassinated in November 1963. The Mint rushed to produce the coin early in 1964 to replace the Franklin Half Dollar. The public’s emotional reaction to Kennedy’s death made the coin a quick collector’s item.
Key Features of the 1964 Kennedy Half Dollar
Obverse Design
The front (obverse) of the coin shows a left-facing portrait of President Kennedy, designed by Gilroy Roberts, the U.S. Mint’s Chief Engraver. Above Kennedy’s head is the word “LIBERTY,” and below it is the year “1964.”
Reverse Design
The back (reverse) of the coin was designed by Frank Gasparro and shows the Presidential Seal. It features an eagle holding an olive branch and arrows, with the words “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 composition is different from later versions, which have less silver.
Why Is the 1964 Kennedy Half Dollar Considered Rare?
While millions of 1964 Kennedy Half Dollars were made, certain versions are rare and valuable. Here’s why:
1. High-Grade Specimens
Coins in perfect or near-perfect condition, graded MS-65 or higher, are highly sought after. These coins have full luster and minimal imperfections, making them rare and valuable.
2. Special Mint Sets (SMS)
In 1964, a few Special Mint Sets were made, which are different from standard Proof Sets. These coins have sharper details and a higher-quality finish, making them more desirable to collectors.
3. Doubled Die Variety
One of the most valuable types of 1964 Kennedy Half Dollars is the Doubled Die Obverse (DDO). This error causes the date and inscriptions to appear doubled, making these coins very rare and expensive.
4. Accented Hair Variety
The “Accented Hair” variety shows extra hair details on Kennedy’s portrait. This version was part of an early production run and is rare because of a design change. It is highly prized by collectors.
5. Mint Mark
The 1964 Kennedy Half Dollar was minted in both Philadelphia (no mint mark) and Denver (with a “D”). Both versions are valuable, but high-quality Denver Mint coins are especially collectible.
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 run |
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 |
1. What makes the 1964 Kennedy Half Dollar valuable?
The value comes from its historical significance, silver content, and rare varieties like the Accented Hair and Doubled Die Obverse.
2. How can I tell if my 1964 Kennedy Half Dollar is rare?
If the coin is in great condition (graded MS-65 or higher) or if it has rare features like the Accented Hair or DDO, it could be valuable.
3. How do I know if my 1964 Kennedy Half Dollar is from a Special Mint Set?
Coins from Special Mint Sets have sharper details and a higher-quality finish than regular coins. They’re also part of a special production run.
4. Why is there no mint mark on some 1964 Kennedy Half Dollars?
Coins minted in Philadelphia don’t have a mint mark, while those from Denver have a “D.” Both types are collectible, but the Denver coins are often more valuable.
5. How much can a 1964 Kennedy Half Dollar be worth?
The value can range from $50 for a standard coin to thousands of dollars for rare varieties like the Doubled Die Obverse or Accented Hair.