The Kennedy half dollar, introduced in 1964 as a tribute to President John F. Kennedy, holds a unique place in American coinage. Although millions of these coins were minted, some stand out due to their rarity, minting errors, or outstanding condition. These select few have fetched impressive sums at auction, attracting serious coin collectors and history enthusiasts alike. Below, we explore ten of the most valuable Kennedy half dollars and the factors that contribute to their high worth.
1. 1964 Kennedy Half Dollar (Proof-70 Deep Cameo)
The 1964 Kennedy half dollar was the first in the series, made with 90% silver content. Coins graded as Proof-70 Deep Cameo (PR-70), which exhibit a perfect, mirror-like finish, are incredibly scarce. One such coin was sold for a remarkable $156,000 in 2019, largely due to its flawless condition, historical significance, and rarity.
2. 1964-D Kennedy Half Dollar (MS-67)
While coins minted in Denver are generally less valuable than those from Philadelphia, the 1964-D Kennedy half dollar becomes quite rare in grades of MS-67 or higher. An example in this condition sold for $22,325 at auction in 2019. Its high value is due to the combination of being a high-grade specimen and containing 90% silver, which adds to its collectability.
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3. 1964 Accented Hair Proof
The “accented hair” variety of the 1964 Kennedy half dollar is easily recognizable by the extra details in Kennedy’s hair above his ear. Only the early proof versions featured this design, which was changed at the request of Jacqueline Kennedy. Coins in Deep Cameo Proof condition can fetch around $19,975, given their rarity and distinctive design.
4. 1970-D Kennedy Half Dollar (MS-68)
The 1970-D Kennedy half dollar is notable for its low mintage, as it was only issued in special collector sets. This was also the final year the half dollar was produced with 40% silver content. In pristine MS-68 condition, the coin sold for $7,495, making it a valuable addition to any collection.
5. 1966 SMS (Special Mint Set) No FG Error
A popular mint error in Kennedy half dollars is the “No FG” variety, where the initials of designer Frank Gasparro are missing. The 1966 Special Mint Set (SMS) version of this error is particularly sought after, with coins in excellent condition reaching nearly $5,000 at auction. This error increases the coin’s rarity, making it a prized find.
6. 1969-D Kennedy Half Dollar (MS-67)
Despite the large production run of the 1969-D Kennedy half dollar, few examples have been found in MS-67 or better condition. In 2019, an MS-67 specimen sold for $15,600. Its high value is attributed to its excellent condition and the fact that it contains 40% silver, which appeals to collectors seeking high-quality coins.
7. 1972-D No FG Error
Similar to the 1966 “No FG” error, the 1972-D Kennedy half dollar with missing designer initials is a highly prized minting mistake. Depending on the coin’s condition, it can bring in anywhere from $500 to $1,000 at auction. The absence of the “FG” initials adds an element of uniqueness that makes these coins stand out.
8. 1976-S Silver Bicentennial Proof
To commemorate the 200th anniversary of the United States, special bicentennial Kennedy half dollars were produced with a unique reverse design. The silver proof versions can be particularly valuable, with coins in pristine condition worth up to $5,000 or more. The limited mintage and commemorative significance enhance their appeal to collectors.
9. 1982-P No FG Error
Another notable example of a missing initials error, the 1982-P “No FG” Kennedy half dollar, has also drawn attention from collectors. Although lower-grade coins might only fetch around $150, high-quality, uncirculated specimens can be worth $500 or more. The mint error adds an additional layer of rarity that elevates the coin’s market value.
10. 1971-S Proof (Deep Cameo PR-69)
The 1971-S Proof Kennedy half dollar is distinct for its brilliant, mirrored surface and deep cameo effect, which gives the coin a striking appearance. In 2019, one of these coins in PR-69 condition sold for $12,000 at auction. The exceptional clarity and near-perfect grade contribute to its high valuation.
Why Are These Coins So Valuable?
Several factors determine the value of Kennedy half dollars, including rarity, condition, minting errors, and historical significance. Coins with mint mistakes, such as missing initials or distinctive designs, tend to be more valuable due to their scarcity. Additionally, coins in top condition, such as those graded MS-67 or higher, are sought after for their investment potential.
Tips for Collectors
Collectors looking to invest in Kennedy half dollars should always seek professional grading from a reputable company, such as the Professional Coin Grading Service (PCGS) or Numismatic Guaranty Corporation (NGC). Proper evaluation ensures the coin’s authenticity and helps in determining its true market value. It’s also wise to keep an eye on auction trends, as prices can fluctuate based on demand.
What makes a Kennedy half dollar valuable?
The value is influenced by factors such as condition, rarity, minting errors, and historical significance. High-grade coins or those with unique errors are particularly valuable.
Are all Kennedy half dollars made of silver?
No, only certain years contain silver. The 1964 coins are 90% silver, while some coins from 1965 to 1970 contain 40% silver. After 1970, most were made from copper-nickel.
How can I tell if my coin is a valuable variety?
Look for key indicators such as errors, special mint marks, or unique designs. Having the coin graded by a professional service can also help determine its rarity and value.
