If you’ve found a 1964 Kennedy Half Dollar in an old coin jar, inherited collection, or from a weekend yard sale, you might be wondering if the rumors are true—is it really worth up to $500,000? While that exact number is rare, certain versions of this coin can indeed fetch tens or even hundreds of thousands of dollars. Let’s cut into what makes the 1964 Kennedy Half Dollar so valuable, and how you can find out if yours is worth a fortune.
History
The 1964 Kennedy Half Dollar holds deep historical significance. It was minted just months after President John F. Kennedy’s assassination as a national tribute. Americans held onto these coins as keepsakes rather than currency, and it quickly became one of the most collected coins in the U.S.
It also stands out as the only year the Kennedy Half Dollar was minted with 90% silver, making it more valuable than those minted after 1964. Here’s a snapshot of the coin’s important attributes:
| Feature | Description |
|---|---|
| Coin Name | 1964 Kennedy Half Dollar |
| Mint Year | 1964 |
| Metal Composition | 90% Silver, 10% Copper |
| Standard Value | $11.75 to $13 (based on silver content) |
| Highest Auction Price | $156,000 (for SMS SP68 graded coin) |
| Rarest Variant | 1964 SMS (Special Mint Set) |
Significance
So why is this coin so sought-after?
- First coin honoring JFK
- Minted in 90% silver
- First-year edition, which makes it more collectible
- Some rare variants and error coins are worth thousands
Over 429 million of these coins were minted in 1964. Most are only worth their silver content, but a select few hold massive value based on rarity, grade, or special minting characteristics.
Value
If you’re checking whether your coin is valuable, here’s what could make your 1964 Kennedy Half Dollar worth more than pocket change:
1. Special Mint Set (SMS) Variant
These are incredibly rare, with fewer than 20 known examples. These coins have a unique satin-like finish and were likely created as experimental strikes. They were never officially released and are only recognized through third-party grading services. One of these in SP68 condition sold for $156,000.
2. Accented Hair Proof Variety
This variety features deeper hair details above Kennedy’s ear and a missing serif on the “I” in “LIBERTY.” Found in early Philadelphia Mint proof sets, these are worth up to $5,000 in PR68 condition.
3. High-Grade Uncirculated or Proof Coins
Even if your coin isn’t a rare variety, high-grade uncirculated coins are highly collectible. A Denver Mint version in MS68 sold for $22,325. Coins in MS66 or MS67 also fetch hundreds or thousands.
4. Error Coins
Error coins always attract attention from collectors. Look for double dies, off-center strikes, or planchet issues. These errors are relatively rare, but can boost your coin’s value significantly, often selling for hundreds.
Identification
Think your Kennedy Half Dollar might be special? Here’s how to tell:
Step 1
Look for sharp edges, no scratches, and full luster for uncirculated coins. Proof coins will have mirror-like surfaces.
Step 2
Use a magnifying glass to check for accented hair, missing serifs, or strike irregularities.
Step 3
Flip the coin and look to the left of the eagle’s tail:
- No mint mark means it was minted in Philadelphia
- A “D” indicates the Denver Mint
Step 4
Have your coin professionally graded by PCGS or NGC. They’ll confirm the grade, authenticity, and whether you’ve found a rare variant. Graded coins are easier to sell and fetch higher prices.
Selling
If you’re sitting on a valuable 1964 Kennedy Half Dollar, here’s what to do next:
- Appraisal: Visit a certified coin dealer or a local shop connected with the American Numismatic Association.
- Auction: Submit your coin to reputable auction houses like Heritage Auctions or Stack’s Bowers.
- Online Sales: You can list your coin on platforms like eBay, Great Collections, or Collectible.com if it’s already graded.
- Collector Communities: Reddit’s r/coins or Facebook coin groups are great places for advice or offers.
Always store your coin in a protective holder or slab to avoid scratches or wear during handling or shipping.
FAQs
Is a 1964 Kennedy Half Dollar always valuable?
Most are worth silver value, but rare types can be worth thousands.
How do I know if I have the SMS version?
Look for satin finish and have it graded by NGC or PCGS.
What does accented hair mean?
It’s a textured hair design above JFK’s ear on early proof coins.
Where is the mint mark on the 1964 half dollar?
To the left of the eagle’s tail on the reverse side.
Can error coins increase value?
Yes, errors like double dies or off-center strikes are collectible.
