Kennedy Half Dollar Coins Worth Over $50,000 Found In Circulation
The Kennedy Half Dollar, introduced in 1964, remains a beloved piece of American coinage. Featuring President John F. Kennedy on the obverse, these coins were initially minted as a tribute following his assassination in 1963.
While many Kennedy Half Dollars are still used in circulation or collected as keepsakes, certain rare variants have been discovered with values soaring past $50,000.
Could you unknowingly have one of these treasures? Let’s explore the fascinating world of Kennedy Half Dollar coins worth a fortune.
The Origins of the Kennedy Half Dollar
This coin was first minted in 1964 to commemorate the late president. Designed by Gilroy Roberts and Frank Gasparro, the coin features Kennedy’s profile on the front and the Presidential Seal on the reverse.
- Composition: Initially minted in 90% silver, the coin’s silver content was reduced to 40% in 1965, and by 1971, the coins were primarily made of copper-nickel clad.
- Mint Locations: The coins were produced at the Philadelphia, Denver, and San Francisco mints.
Rare Kennedy Half Dollars Worth Over $50,000
1. 1964 SMS Kennedy Half Dollar
- Why It’s Rare: The 1964 Special Mint Set (SMS) Kennedy Half Dollar was never officially released to the public. Only 12 examples are known to exist.
- Value: One example sold for over $108,000, making it one of the most valuable Kennedy Half Dollars.
2. 1966 SMS Kennedy Half Dollar (Cameo)
- Why It’s Rare: Special Mint Sets from the mid-1960s included high-quality coins, and the Cameo finish (frosted design with a mirror-like background) makes this coin exceptionally valuable.
- Value: These coins can sell for $50,000 or more, depending on condition and grade.
3. 1970-D Kennedy Half Dollar
- Why It’s Rare: This coin was only included in mint sets, making it scarce in circulation.
- Value: High-grade examples are worth $3,000 to $50,000.
4. 1998-S Matte Finish Kennedy Half Dollar
- Why It’s Rare: Only 62,000 coins were produced for a special collector’s set.
- Value: These coins can fetch upwards of $5,000, with some pristine examples exceeding $20,000.
Year | Mint Mark | Special Feature | Estimated Value |
---|---|---|---|
1964 | SMS | Special Mint Set | $108,000+ |
1966 | SMS | Cameo Finish | $50,000+ |
1970 | D | Only in Mint Sets | $3,000–$50,000 |
1998 | S | Matte Finish, Limited Edition | $5,000–$20,000+ |
Why Are These Coins So Valuable?
- Limited Availability: Rare Kennedy Half Dollars like the 1964 SMS were either not released to the public or produced in extremely small quantities.
- Minting Errors: Coins with errors, such as doubling or misprints, are often highly collectible.
- High Grades: Coins graded MS-67 or higher (near-perfect condition) by PCGS or NGC command premium prices.
- Unique Features: Special finishes, such as matte or cameo, significantly increase a coin’s value.
How to Identify a Rare Kennedy Half Dollar
- Check the Year and Mint Mark: Key years like 1964 SMS, 1966 SMS, and 1970-D are the most sought after.
- Examine the Finish: Coins with cameo or matte finishes are more valuable.
- Get It Graded: Professional grading by organizations like PCGS or NGC confirms authenticity and determines market value.
This coin is more than just a piece of currency—it’s a piece of history, and some rare versions are worth over $50,000.
Whether it’s the elusive 1964 SMS or the 1970-D, these coins represent the perfect blend of numismatic artistry and investment potential.
Check your collection—or even your spare change—you might just be holding a small fortune!
FAQs
How can I tell if my Kennedy Half Dollar is valuable?
Look for rare years like 1964 SMS or 1970-D, and check for special finishes like matte or cameo. Getting the coin professionally graded will help confirm its value.
Are Kennedy Half Dollars still in circulation?
Yes, these coins are still produced but primarily for collectors. However, older and rarer versions can still occasionally be found in circulation.
Where can I sell a rare Kennedy Half Dollar?
You can sell rare coins at auctions, through reputable coin dealers, or online platforms specializing in collectibles.