The 1964 John F. Kennedy (JFK) Half Dollar is a significant piece of American coinage, commemorating the legacy of President Kennedy after his assassination in 1963. This coin is not only a collectible item but also a reflection of a pivotal moment in U.S. history. In this article, we’ll explore the design, history, and value of the 1964 JFK Half Dollar, helping you understand why it remains popular among collectors today.
The Story Behind the 1964 JFK Half Dollar
The 1964 JFK Half Dollar was created shortly after President John F. Kennedy’s assassination on November 22, 1963. In response to the public’s grief and to honor his legacy, the U.S. Mint decided to issue a new half dollar featuring Kennedy’s likeness. The coin was designed by Gilroy Roberts, the chief engraver of the U.S. Mint, and was released for circulation on March 24, 1964.
Before this coin, the half dollar featured Benjamin Franklin. However, with Kennedy’s passing, it was decided to change the design to commemorate his contributions to the nation. The 1964 JFK Half Dollar became the first U.S. coin to feature a sitting president.
The Design of the 1964 JFK Half Dollar
The design of the 1964 JFK Half Dollar is simple yet powerful. The obverse (front) of the coin features a portrait of John F. Kennedy facing left. The inscription “LIBERTY” appears above his head, while “IN GOD WE TRUST” is inscribed to the right. Below the portrait, the year of minting, “1964,” is also displayed.
The reverse (back) of the coin shows the presidential seal, which includes an eagle holding a shield. The words “HALF DOLLAR” and “UNITED STATES OF AMERICA” are inscribed above and below the eagle, respectively. The design was well-received and quickly became a symbol of the Kennedy administration.
The Composition and Minting
The 1964 JFK Half Dollar is made of 90% silver and 10% copper. It has a total weight of 11.34 grams, with 0.3617 troy ounces of pure silver. This high silver content contributes to its collectibility and value, especially as the price of silver fluctuates in the market.
In total, the U.S. Mint produced over 430 million 1964 JFK Half Dollars, making it one of the most widely circulated coins in American history. The coins were minted at three locations:
- Philadelphia: No mintmark (most common)
- Denver: Mintmark “D”
- San Francisco: Mintmark “S” (more rare)
How Much Is a 1964 JFK Half Dollar Worth?
The value of a 1964 JFK Half Dollar can vary significantly based on its condition, mintmark, and market demand for silver. Here’s a general overview of what you might expect:
| Condition | Value Range |
|---|---|
| Circulated (Good) | $5 – $10 |
| Uncirculated (MS60) | $10 – $15 |
| Uncirculated (MS65) | $20 – $40 |
| Proof (S Mint) | $15 – $30 |
Factors Influencing Value
- Condition: Coins in better condition are worth more. Coins are graded on a scale from 1 to 70, with higher numbers indicating better quality.
- Mintmark: San Francisco mint coins are often worth more due to their lower production numbers. Denver coins are also somewhat less common than Philadelphia coins.
- Silver Price: As a silver coin, its value is also tied to the current market price of silver. As of recent years, silver prices can fluctuate, which directly impacts the value of the 1964 JFK Half Dollar.
- Rarity: While millions were minted, specific variations, such as error coins or higher-grade examples, can command higher prices among collectors.
Where to Buy and Sell
If you’re interested in purchasing or selling a 1964 JFK Half Dollar, there are several options:
- Coin Dealers: Reputable coin dealers can provide fair prices and authentic coins. Always check for reviews and ratings before making a purchase.
- Online Marketplaces: Websites like eBay, Etsy, or dedicated coin selling platforms offer many options. However, ensure that you check the seller’s ratings and return policies.
- Coin Shows: Attending local or national coin shows can be an excellent way to meet dealers, view coins in person, and potentially find better deals.
Conclusion
The 1964 JFK Half Dollar is more than just a coin; it’s a symbol of a transformative time in American history. With its iconic design and significant silver content, it remains popular among collectors and investors. Understanding its value helps you appreciate this piece of history, whether you’re a seasoned collector or just starting. As the market for collectible coins continues to evolve, the 1964 JFK Half Dollar will likely maintain its place in American numismatics for years to come.
Visit Home
FAQ’s
What is the composition of the 1964 JFK Half Dollar?
The 1964 JFK Half Dollar is made of 90% silver and 10% copper. It weighs 11.34 grams, containing approximately 0.3617 troy ounces of pure silver, which contributes to its collectible value.
How can I tell if my 1964 JFK Half Dollar is circulated or uncirculated?
A circulated 1964 JFK Half Dollar will show signs of wear, such as scratches or fading on the design, while an uncirculated coin will have a shiny, fresh appearance without any noticeable marks. You can also have it graded by a professional coin grading service for an accurate assessment.
What factors affect the value of a 1964 JFK Half Dollar?
The value of a 1964 JFK Half Dollar is influenced by its condition (grade), mintmark (Philadelphia, Denver, or San Francisco), current silver prices, and rarity. Coins in excellent condition or those with fewer mintage are typically worth more.