The 1964 Kennedy Half Dollar is more than just an old coin-it’s a piece of history that could be worth a small fortune. While most are valued only for their silver content, a rare version has sold for as much as $156,000. Could you have one of these valuable coins tucked away in your collection?
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The Story Behind the 1964 Kennedy Half Dollar
The 1964 Kennedy Half Dollar was introduced shortly after President John F. Kennedy’s tragic assassination, serving as a tribute to his legacy. With over 430 million minted, it quickly became one of the most collected U.S. coins. However, due to its emotional significance, many were saved rather than spent, making high-quality examples harder to find today.
Why Are Some Worth $156,000?
Not all 1964 Kennedy Half Dollars are the same. The ones that have fetched six-figure prices belong to a special category known as the 1964 Special Mint Set (SMS). These rare coins were never released for public circulation and are distinguished by their unique features:
- Satin-like finish – Unlike regular proofs or circulation coins, SMS versions have a soft, satin texture.
- Sharper details – The design is more defined, with fewer contact marks.
- Die polishing lines – Fine lines from the minting process make them stand out.
In 2019, a 1964 SMS Kennedy Half Dollar graded SP68 by PCGS sold for $156,000 at a Stack’s Bowers auction. This record-breaking sale underscores the incredible value of these rare coins.
How to Identify a Rare 1964 SMS Kennedy Half Dollar
Finding a 1964 SMS Kennedy Half Dollar is like uncovering hidden treasure. Here’s how to determine if you own one:
- Check the finish – SMS coins have a satin-like surface, distinct from the glossy proof or dull circulation coins.
- Look for sharp details – Elements like Kennedy’s hair and the eagle’s feathers should appear crisp and well-defined.
- Spot die polishing lines – Fine, visible lines on the coin’s surface are a key indicator of the SMS variety.
- Observe the mint mark – While 1964 coins were minted in Philadelphia and Denver, SMS versions may have subtle differences in mint markings.
If your coin matches these characteristics, it’s time to have it professionally evaluated.
Where to Get Your Coin Evaluated
Before selling, have your coin authenticated by a reputable grading service like PCGS (Professional Coin Grading Service) or NGC (Numismatic Guaranty Corporation). These organizations provide certification that helps determine the coin’s grade and potential value.
Other Valuable Versions
Even if you don’t have an SMS coin, some regular 1964 Kennedy Half Dollars can still be worth a significant amount. Here are a few features that can increase their value:
- Deep Cameo Contrast – Coins with a frosted design and mirror-like background are highly sought after.
- Pristine Condition – Uncirculated coins with no signs of wear command higher prices.
- Double Die Errors – Some coins have doubling on the lettering or design due to a minting mistake, making them rare.
- Proof Coins – Specially minted for collectors, proof versions have sharper details and a mirror-like surface.
How to Preserve Your Coin
If you own a valuable 1964 Kennedy Half Dollar, proper care is essential to maintaining its worth:
- Handle carefully – Always use gloves to avoid transferring oils or dirt onto the coin.
- Store properly – Use protective coin holders or albums to prevent scratches and tarnish.
- Avoid cleaning – Cleaning can strip the coin’s natural patina and lower its value.
- Consider insurance – If your coin is highly valuable, insuring it will protect against loss or theft.
The 1964 Kennedy Half Dollar is more than just a piece of currency-it’s a collectible with both historical and monetary significance. If you suspect you have a rare version, take the time to evaluate it properly. You might just be sitting on a small fortune.
FAQs
How do I know if I have a 1964 SMS Kennedy Half Dollar?
Look for a satin finish, sharp details, and die polishing lines.
What makes a 1964 Kennedy Half Dollar valuable?
Special varieties like SMS versions, proof coins, and mint errors.
Where can I sell a rare Kennedy Half Dollar?
You can sell through auctions, coin dealers, or online marketplaces.
Are all 1964 Kennedy Half Dollars made of silver?
Yes, they are composed of 90% silver and 10% copper.
Should I clean my 1964 Kennedy Half Dollar?
No, cleaning can significantly reduce its value.
