The Kennedy Half Dollar is one of the most well-known coins in American history. Introduced in 1964, this coin was created to honor President John F. Kennedy after his assassination. While many people have collected or come across a Kennedy Half Dollar, there are still plenty of misconceptions about it. Let’s break down some of the most common myths and uncover the truth behind them!
What Is the Kennedy Half Dollar?
The Kennedy Half Dollar is a 50-cent coin that has been in production since 1964. It features the profile of President John F. Kennedy on the front (obverse) and the presidential seal with an eagle on the back (reverse). This coin was quickly minted to honor Kennedy’s legacy, becoming a favorite for collectors and history enthusiasts alike.
Quick Facts About the Kennedy Half Dollar
| Feature | Details |
|---|---|
| First Year Minted | 1964 |
| Metal Composition | 90% Silver (1964) and 40% Silver (1965-1970) |
| Diameter | 30.6 mm (1.2 inches) |
| Weight | 11.34 grams (0.4 ounces) |
| Designer | Gilroy Roberts (Obverse) and Frank Gasparro (Reverse) |
| Current Composition | Copper-Nickel (since 1971) |
7 Myths About the Kennedy Half Dollar
1. Myth: All Kennedy Half Dollars Are Made of Silver
Fact: Not all Kennedy Half Dollars are made of silver. The 1964 coins contain 90% silver, but those minted between 1965 and 1970 contain 40% silver. Since 1971, the coins have been made from a copper-nickel blend.
2. Myth: Every Kennedy Half Dollar Is Worth a Lot of Money
Fact: While some Kennedy Half Dollars are valuable, many are worth their face value of 50 cents. Coins from 1964 or those in excellent condition might be worth more, but newer coins are usually not very valuable.
3. Myth: The 1970-D Kennedy Half Dollar Is Common
Fact: The 1970-D Kennedy Half Dollar is actually quite rare. It was not released for general circulation and was only included in special coin sets. This makes it a desirable find for collectors.
4. Myth: The Kennedy Half Dollar Is No Longer Made
Fact: The Kennedy Half Dollar is still being minted today, but most are produced for collectors rather than general circulation. You can buy these coins directly from the U.S. Mint or through coin dealers.
5. Myth: All Kennedy Half Dollars Are Circulated
Fact: Many Kennedy Half Dollars, especially older ones, were never circulated because people kept them as souvenirs. This is particularly true for the 1964 version, which many Americans held onto to honor Kennedy’s memory.
6. Myth: The Eagle Design Hasn’t Changed
Fact: The reverse design featuring an eagle has changed over the years. Some special editions of the coin have had different designs, like those released to celebrate special events or anniversaries.
7. Myth: Kennedy Half Dollars Are Hard to Find
Fact: While they are not as common in pocket change, you can still find Kennedy Half Dollars at banks, coin shops, and online marketplaces. Collectors also often buy them in bulk for their collections.
Why Understanding the Myths Matters
It’s easy to believe myths when it comes to coins, especially ones with a history as rich as the Kennedy Half Dollar. Knowing the facts can help collectors, hobbyists, and even everyday people understand the true value and history behind this iconic coin. Whether you are starting a coin collection or just want to learn more, separating fact from fiction is essential.
Conclusion
The Kennedy Half Dollar holds a special place in American history, but there are plenty of myths surrounding it. By debunking these myths, we can better appreciate the real story behind this coin and what makes it so unique. From its silver content to its collectability, the Kennedy Half Dollar continues to captivate collectors and history buffs alike. Understanding the truth behind these coins makes the hobby of collecting them even more interesting and enjoyable.
FAQ’s
Are all Kennedy Half Dollars made of silver?
No, only the 1964 version is 90% silver, while those from 1965 to 1970 contain 40% silver. After 1970, they were made from a copper-nickel blend.
Why is the 1970-D Kennedy Half Dollar rare?
The 1970-D was not released for general circulation and was only available in special collector sets, making it harder to find.
Are Kennedy Half Dollars still produced?
Yes, the U.S. Mint still produces them, mainly for collectors. You can buy them directly from the U.S. Mint or through dealers.
What is the value of a Kennedy Half Dollar?
Most Kennedy Half Dollars are worth their face value, but those from 1964 or in pristine condition can be more valuable, especially if they contain silver.
Where can I find Kennedy Half Dollars?
You can find them at banks, coin shops, or online. Many collectors also trade and sell them on websites dedicated to coin collecting.