The Kennedy Half Dollar, introduced in 1964 to honor President John F. Kennedy, has become a significant piece for collectors. While most are worth their face value, certain rare editions have fetched substantial sums at auctions. This article delves into the most valuable Kennedy Half Dollars, their unique features, and how you might identify one.
The Myth of the $5.5 Million Kennedy Half Dollar
While there are claims of Kennedy Half Dollars being worth $5.5 million, no such coin has been officially documented or sold at that price. The highest known auction price for a Kennedy Half Dollar is $156,000 for a 1964 Special Mint Set (SMS) coin graded SP68. It’s essential to approach such claims with skepticism and rely on verified auction records.
Notable High-Value Kennedy Half Dollars
1. 1964 Special Mint Set (SMS) Kennedy Half Dollar
- Estimated Value: Up to $156,000
- Features: Satin finish, sharp details, no mint mark
- Rarity: Only a few dozen known to exist
2. 1964 “Accented Hair” Proof Kennedy Half Dollar
- Estimated Value: Up to $20,000
- Features: Pronounced hair above Kennedy’s ear, missing serif on the “I” in “LIBERTY”
- Rarity: Believed to be the first design used on Kennedy Half Dollars
3. 1966 SMS No “FG” Kennedy Half Dollar
- Estimated Value: Over $250,000
- Features: Missing designer’s initials “FG” on the reverse
- Rarity: Extremely rare error coin
4. 1970-D Kennedy Half Dollar
- Estimated Value: Up to $50,000
- Features: Low mintage, only 2.1 million produced
- Rarity: Produced only for special Mint Sets
Table: Rare Kennedy Half Dollars and Their Values
| Coin Type | Unique Feature | Estimated Value |
|---|---|---|
| 1964 SMS Kennedy Half Dollar | Satin finish, sharp details, no mint mark | Up to $156,000 |
| 1964 “Accented Hair” Proof | Pronounced hair, missing serif on “I” | Up to $20,000 |
| 1966 SMS No “FG” Error | Missing designer’s initials on reverse | Over $250,000 |
| 1970-D Kennedy Half Dollar | Low mintage, special Mint Set only | Up to $50,000 |
How to Identify Valuable Kennedy Half Dollars
- Check the Date: Look for coins from 1964, 1966, and 1970, as these years have notable rarities.
- Inspect for Mint Marks: Coins without mint marks or with specific mint marks can indicate rarity.
- Examine Design Details: Features like the “Accented Hair” or missing initials can significantly increase value.
- Assess the Finish: Special finishes like satin or deep cameo are indicators of special mint sets or proofs.
- Consult a Professional: If you believe you have a rare coin, have it authenticated and graded by a reputable service like PCGS or NGC.
Could You Have a Valuable Coin?
While the average Kennedy Half Dollar is worth 50 cents, certain rare editions can fetch thousands or even hundreds of thousands of dollars. By understanding the unique features and history of these coins, you might discover a hidden treasure in your collection.
FAQs
Q1: What is the most valuable Kennedy Half Dollar?
Q2: How can I tell if I have a 1964 “Accented Hair” Proof?
Q3: Are Kennedy Half Dollars still in circulation?
A: While they are legal tender, Kennedy Half Dollars are no longer produced for general circulation and are primarily available through collectors.
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