The 1964 Kennedy Half Dollar is a coin with a special place in American numismatics. Created shortly after President John F. Kennedy’s assassination, this coin commemorates a significant moment in U.S. history.
Though millions were minted, some 1964 Kennedy Half Dollars are exceptionally rare and valuable. This guide explores what makes these coins unique, including their history, design, and the factors that contribute to their rarity.
Historical Background of the 1964 Kennedy Half Dollar
The 1964 Kennedy Half Dollar was introduced to honor President John F. Kennedy following his assassination in November 1963.
The U.S. Mint swiftly began producing the coin in early 1964, replacing the Franklin Half Dollar. Due to the nation’s emotional response to Kennedy’s death, the coin quickly became a collector’s item.
Key Features of the 1964 Kennedy Half Dollar
Obverse Design
The obverse of the coin features a left-facing portrait of John F. Kennedy, created by Gilroy Roberts, the U.S. Mint’s Chief Engraver. The word “LIBERTY” arches above Kennedy’s head, with the date “1964” below.
Reverse Design
The reverse, designed by Frank Gasparro, displays the Presidential Seal. It depicts an eagle holding an olive branch and arrows, surrounded by stars and the inscriptions “UNITED STATES OF AMERICA” and “HALF DOLLAR.”
Composition
The 1964 Kennedy Half Dollar is composed of 90% silver and 10% copper, giving it a weight of 12.50 grams. This composition differs from later versions of the coin, which contain less silver.
Why Is the 1964 Kennedy Half Dollar Considered Rare?
Even though millions of 1964 Kennedy Half Dollars were minted, certain versions are rare and highly collectible. Here’s why:
1. High-Grade Specimens
Coins in Mint State (MS) condition, especially those graded MS-65 or higher, are considered rare. The grading scale ranges from Poor (P-1) to Perfect Mint State (MS-70). High-grade examples of the 1964 Kennedy Half Dollar, with full luster and minimal imperfections, are highly sought after.
2. Special Mint Sets (SMS)
In 1964, a few Special Mint Sets (SMS) were produced, which are different from the standard Proof Sets. SMS coins have sharper details and a higher quality finish, making the 1964 Kennedy Half Dollar from an SMS particularly desirable to collectors.
3. Doubled Die Variety
One of the most famous and valuable varieties is the Doubled Die Obverse (DDO). This error occurred when the coin’s design was struck twice, creating a noticeable doubling effect on the date and inscriptions. DDO coins are extremely rare and can fetch thousands of dollars.
4. Accented Hair Variety
The “Accented Hair” Kennedy Half Dollar features extra hair details on Kennedy’s portrait. This version was part of an early production run and is rarer due to a design change reportedly requested by Jacqueline Kennedy. It is highly prized by collectors.
5. Mint Mark
The 1964 Kennedy Half Dollar was minted in Philadelphia (no mint mark) and Denver (marked with a “D”). While both versions are collectible, higher-grade coins from the Denver Mint are particularly valuable.
Table of Key 1964 Kennedy Half Dollar Varieties
| Variety | Mint Mark | Estimated Value (MS-65 and Above) | Key Feature |
|---|---|---|---|
| Standard 1964 | None | $50 – $150 | 90% silver composition |
| Standard 1964-D | D | $50 – $150 | Minted in Denver |
| Accented Hair | None | $500 – $3,000 | Extra hair details, early production run |
| Doubled Die Obverse (DDO) | None | $1,000 – $5,000 | Doubling on the obverse design |
| 1964 SMS | None/D | $1,500 – $8,000 | Special Mint Set, sharper details |
1. What makes the 1964 Kennedy Half Dollar valuable?
The value comes from its historical significance, minting errors, and high-grade specimens. Some varieties, like the Doubled Die Obverse, are particularly rare.
2. How can I tell if my 1964 Kennedy Half Dollar is rare?
Look for high-grade coins, specific varieties like the Accented Hair or Doubled Die Obverse, and consider having the coin professionally graded.
3. What is a Special Mint Set (SMS)?
An SMS is a coin set with sharper details and a higher quality finish compared to standard Proof Sets. 1964 SMS coins are highly collectible.
4. Why is the Accented Hair variety so rare?
It features extra hair details on Kennedy’s portrait and was part of an early production run, making it rarer and more sought after.
5. How can I find out the value of my 1964 Kennedy Half Dollar?
The value depends on the coin’s condition and variety. Use grading services or consult recent auction results for current market values.
