The 1964 Kennedy Half Dollar is a significant coin in American history, created shortly after President John F. Kennedy’s assassination. While millions were minted, certain versions of this coin are rare and valuable. This article explains what makes the 1964 Kennedy Half Dollar special, focusing on its history, design, and rare features.
Historical Background of the 1964 Kennedy Half Dollar
The 1964 Kennedy Half Dollar was introduced to honor President Kennedy after his tragic death in November 1963. The U.S. Mint quickly started producing the coin in early 1964, replacing the Franklin Half Dollar. Due to the nation’s deep mourning for the president, the coin became a popular collector’s item right away.
Key Features of the 1964 Kennedy Half Dollar
Obverse Design
The front of the coin features a left-facing portrait of President John F. Kennedy, created by Gilroy Roberts, the Chief Engraver at the U.S. Mint. The word “LIBERTY” is written above his head, and the year “1964” appears below.
Reverse Design
The back of the coin, designed by Frank Gasparro, shows the Presidential Seal. This design features an eagle holding an olive branch and arrows, surrounded by stars, with the words “UNITED STATES OF AMERICA” and “HALF DOLLAR.”
Composition
The 1964 Kennedy Half Dollar is made of 90% silver and 10% copper, making it weigh 12.50 grams. This high silver content makes it distinct from later versions of the coin, which have less silver.
Why Is the 1964 Kennedy Half Dollar Considered Rare?
Although millions of 1964 Kennedy Half Dollars were produced, some versions are rare and valuable. Below are the main reasons why:
- High-Grade Specimens
Coins in excellent condition, particularly those graded MS-65 or higher, are rare. These high-grade coins have full luster and very few imperfections, making them highly sought after by collectors.
- Special Mint Sets (SMS)
A limited number of Special Mint Sets (SMS) were created in 1964. These coins have sharper details and a better finish than regular coins, making them especially valuable to collectors.
- Doubled Die Variety
One of the most valuable varieties is the Doubled Die Obverse (DDO), which occurs when the coin’s design is struck twice, causing visible doubling on the date and other inscriptions. DDO coins are rare and can fetch thousands of dollars.
- Accented Hair Variety
The “Accented Hair” Kennedy Half Dollar features extra hair details on Kennedy’s portrait. This version, created during an early production run, is rare due to a design change requested by Jacqueline Kennedy, making it highly prized by collectors.
- Mint Marks
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 more 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 not just a coin but also a piece of American history. From its unique design to the various rare versions, it holds great value among collectors.
Understanding its background and special features can deepen your appreciation for this iconic coin.
Whether you’re a seasoned collector or just beginning, the 1964 Kennedy Half Dollar is a valuable addition to any collection.
The 1964 Kennedy Half Dollar remains a beloved symbol of American history. Its special design, high silver content, and rare varieties make it a popular choice among coin collectors. If you own one of these coins, especially a rare version, you might have a valuable piece of history on your hands.
1. 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.
2. 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.
3. 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.
4. 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.
5. What is the “Accented Hair” variety of the 1964 Kennedy Half Dollar?
The “Accented Hair” variety refers to a version of the coin with extra hair details on Kennedy’s portrait. It came from an early production run and is rarer due to a design change requested by Jacqueline Kennedy, making it highly valued by collectors.
