The Kennedy Half Dollar, first minted in 1964 to honor President John F. Kennedy, is a coin that attracts collectors and investors alike. Its combination of historical significance and various special editions make it a valuable asset to hold. Whether you’re new to coin collecting or looking to make an investment, knowing what to look for in these coins can make all the difference. Let’s explore 10 important tips to keep in mind when investing in Kennedy Half Dollars.
1. Understand the Historical Significance
The Kennedy Half Dollar was introduced just months after President Kennedy’s assassination. This historical link makes these coins highly collectible, especially the earlier editions. Coins from 1964, the first year of minting, are more sought after because they contain 90% silver.
2. Look for Silver Content
From 1964 to 1970, Kennedy Half Dollars contained silver. Coins from 1964 have the highest silver content at 90%, while those from 1965 to 1970 contain 40%. Coins after 1970 contain no silver, so they are less valuable in terms of silver content but still collectible.
| Year | Silver Content | Estimated Value (USD) |
|---|---|---|
| 1964 | 90% Silver | $10 – $50 |
| 1965-1970 | 40% Silver | $5 – $15 |
| Post-1970 | No Silver | Face value – $3 |
3. Mint Marks Matter
Check the mint mark on your Kennedy Half Dollar. Coins minted in San Francisco (S), Denver (D), and Philadelphia (no mint mark) can have different values. Special proof sets from the San Francisco mint are often more valuable than their regular counterparts.
4. Proof Coins Are Highly Valued
Proof coins, especially from the earlier years, can be worth significantly more than regular circulation coins. These are special editions minted with extra care and have a shiny, mirror-like finish.
5. Look for Rare Variations
Some Kennedy Half Dollars have rare design variations, like the 1964 Accented Hair proof or the 1970-D, which is the last of the silver half dollars. These rare coins can be worth much more than common ones.
6. Condition is Key
Coins in better condition are worth more. Look for coins that have been well preserved, preferably with minimal scratches or wear. Collectors often seek out coins in Mint State (MS) or Proof-69 (PR-69) condition for the highest value.
7. Invest in Special Editions
Special editions like the 2014 50th Anniversary Gold Proof Kennedy Half Dollar are a collector’s dream. These limited edition coins are made with 24-karat gold and can command high prices on the market.
8. Store Your Coins Properly
Storing Kennedy Half Dollars correctly is crucial to maintaining their value. Use protective cases to prevent scratches and tarnishing, and keep them in a dry, cool place.
9. Check for Errors
Some Kennedy Half Dollars have minting errors, such as double strikes or off-center coins. These errors can make the coins incredibly valuable to collectors who specialize in rare or unusual coins.
10. Stay Updated on Market Trends
The value of Kennedy Half Dollars can fluctuate based on silver prices and collector demand. Stay informed about market trends and pricing to ensure you’re making the best investment choices.
Conclusion
Investing in Kennedy Half Dollars can be a rewarding hobby or a profitable venture, especially if you know what to look for. From silver content to rare variations and mint marks, understanding the unique features of these coins can help you make wise decisions. Whether you’re just starting your collection or looking to add to it, these 10 tips will guide you through the process and help you maximize your investment.
FAQ’s
Why are 1964 Kennedy Half Dollars valuable?
1964 Kennedy Half Dollars are made of 90% silver, which makes them more valuable than later years.
How do I find the mint mark on a Kennedy Half Dollar?
The mint mark is located on the reverse side, below the eagle’s claw. Coins from Philadelphia have no mint mark.
Are post-1970 Kennedy Half Dollars worth investing in?
Yes, while they don’t contain silver, some post-1970 editions, like proof coins or those with errors, can still be valuable.
What is the best way to store Kennedy Half Dollars?
Store them in protective coin cases and keep them in a dry, cool environment to prevent damage and tarnishing.
Can I sell Kennedy Half Dollars easily?
Yes, Kennedy Half Dollars can be sold through coin shops, auctions, or online platforms like eBay, depending on their value and rarity.