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COLECCIONISTAS DE MONEDAS

Kennedy half dollar 1964 – Values, Photos & Info (Updated 2020)

kennedy-half-dollar

The Kennedy Half Dollar 1964 is part of the group of coins to collect. It is highly prized by U.S. coin collectors for being its first year of issue.  It is also a very common coin available in excellent condition. So, if we want it to fetch a high price, we need it to be practically new (uncirculated or almost).

In this article we show you the importance of 50p coins of value in its 1964 variant, beside its types. You’ll see in which way conservation and rarities are translated into real selling prices.

Kennedy half dollar value – Chart updated 2020

Approximate prices for coins in MS state.

 MS60MS61MS62MS63MS64MS65MS66MS67MS68MS69MS70
1964$10.05$10.05$10.55$13.9$24$40$120$950
1964 Proof$10$12.25$10.50$12.50$18$22.45$40$50$75$135$6100
1964-D$9.65$9.65$11.1$14.9$23$42$135$915$23500

However, we must consider that some details that are difficult to appreciate for people outside the world of collecting can cause great variations in the price of our kennedy 1964 half dollar.

The table can no way be interpreted as fixed prices, since in numismatics it does not exist. They are approximate estimates of this historic coin of American numismatics.

 

How to correctly identify the price of our valuable kennedy half dollars

If your Kennedy half dollar silver is not certified by a TPG, its price may range between the following values:

  • In Good G condition: $6.50
  • In Very Good VG status: $6.75
  • In Fine F state: $7
  • In Very Fine Condition VF: $7.25
  • In Extra Fine state: XF: $7.50
  • In Almost Uncirculated AU state: $8.85

What is a 1964 Kennedy Half Dollar?

The 50 cents coin with Kennedy’s bust is a modern issue, which began production in 1964 and continues to be minted today.

It’s a common American coin, with a total circulation of well over 400 million units, although not all of them were made for circulation. In total, these 1964 half dollars coins were minted at two different Mints, and one of them, the Philadelphia Mint, also minted PROOF pieces for the collector market.

Types of 50 cents worth mints –  Value half dollars

The mint can be distinguished by a small letter stamped under the olive branch on the back:

kennedy-half-dollar-worth
  • If our silver half dollar doesn’t have any letter on it, it was minted in Philadelphia
  • If it has a letter D on it, it was minted in Denver
  • The print run for this year 1964 is as follows:
  • Philadelphia Mint, for circulation – 273,304,004 pieces
  • Philadelphia MintProof for collectors – 3.950.762 pieces
  • Philadelphia Mint (SpecialMint Set) – 1 piece for the National Numismatic Collection
  • Denver Mint for circulation – 156,205,446 pieces
  • Denver Mint (SpecialMint Set) – 1 piece for the National Numismatic Collection

How to differentiate between a proof version and a circulating one

In order to distinguish a PROOF issue from a circulating issue we have to look at the surface of the coin. Let’s see it with an example.

value-silver-half-dollars

The first coin shown is a regular issue. It looks like most of the coins we use in our daily lives. The second coin is a PROOF issue, which has been carefully minted. Designed for the collector market, we see the glossy background as if it were a mirror and its reliefs in a matt tone, providing a nice contrast.

Kennedy half dollar rare – Analyzing prices for smart buying and selling

Kennedy half dollar 1964 value , being modern emissions, gain value when encapsulated by a ThirdPartyGradingService.

A TPG is a widely used company in the collector’s market because:

  • It guarantees the authenticity of the currency.
  • It offers an objective graduation of the state of conservation.
  • It keeps a unique record for each verifiable piece in its database

We can get an approach of the rarity of our 1964 Kennedy half-dollar by looking at the tables of the major TPGs, and seeing how many pieces are encapsulated in a Mint State.

Thus, we can see this data about NGC company:

 MS60MS61MS62MS63MS64MS65MS66MS67MS68MS69
19642522227044330623214487100
1964 Proof14926229738290118220129845217
1964-D529137540306931826422800

The imbalance we see between the number of coins minted for circulation and proof, which is inversely proportional to their encapsulated quantity, is due to the fact that it is a common coin.

The collector’s market is mainly fed by the best quality coins, and since PROOF coins are easy to obtain, most collectors have chosen this quality to complete their collection.

Similarly, the other largest certifying company, PCGS, presents us with this number of certified halfdollars

 MS60MS61MS62MS63MS64MS65MS66MS67MS68MS69MS70
196432025069236304106173592000
1964 Proof1210725801737370156905878264329
1964-D091615341804194997388100

In the census of coins certified by the PCGS company we do not find the “AccentedHair” variant, which we will discuss later.

We can approximate the state of conservation of our currency in this link of the American Numismatic Association.

The story behind the half dollar JFK

On November 22, 1963, President John F. Kennedy was assassinated in Dallas. His country immediately began to think of a way to honor his memory, and set out to mint a coin from his bust.

The model chosen was that 50 cent value coin, but there was an impediment: according to the Coinage Act passed a few months earlier, each type of coin had to be in circulation for a minimum of 25 years before it could be replaced… And at that time the Franklin HalfDollar had only been in use for 15 years, since 1948.

Congress quickly passed a new law to be able to replace it, and so, on December 30, 1964, only one month after the assassination, an amendment to the previous law was passed and the minting of the 1964 Kennedy Half Dollar was ordered.

Most valuable 50p coin for coin collectors

He was indeed a president very much loved by the people. In fact, there was so much demand that on the first day of its implementation, 24 March 1964, the first 70,000 coins intended for circulation were sold out. Even with a limit on withdrawals per person that was imposed with a maximum of 40 pieces.

The end of Kennedy half dollars of silver

The shortage was so great that the following year it was decided to withdraw all .900 silver coins from circulation and to start minting the circulating money in non-noble metals or with a lower grade .400 silver (Kennedy’s half-dollars from 1965 to 1971).

Only a small part of the 400 million half-dollars from 1964 actually went into circulation. Most of the coins were treasured by the people, so it is easier to find in good condition than worn out.

Also, ironically, the tribute to the president with the 0.50 dollar coins was what ended this model, since due to the scarcity of the means dollars the 0.25 dollar coin began to be imposed in daily transactions. It reached a point where they were not even accepted by automatic machines. Today, half a Kennedy dollar is still being minted, but not for circulation. They can be purchased at banks in the form of rolls of 20 units with a small surcharge on their face value.

Half-Dollar 1964 Rarities – Accented Hair

As in all modern American numismatics, the 1964 half-dollar variants are highly prized by American collectors. Let’s focus our attention on the most famous one for this currency, the so-called “Accented Hair”.

For the first issue of this coin, which was sold out a few days after it was put into circulation, a stamp was used that was a little different from the definitive one. In it, we can see, among other differences, that JFK’s hair has a slightly different line from what would be the final design.

Kennedy half dollar errors?

There is a rumor that the design was changed because Jacqueline Kennedy didn’t like the shape of her husband’s hair, but it seems more accurate to think that it was modified to simplify a little the production process and save costs.

This coin is very recognizable, as it has some differences that do not leave room for confusion:

value-of-half-dollar-coins

Types of variants of Accented Hair Half-Dollar Silver

This is the main difference, the bust hair lines are much more marked in the accented hair variant.

half-dollars-silver-value

In the 1964 half-dollar accented hair variant, the G in the signature on the back (next to the paw of the eagle’s right leg) ends in a straight line. However, on the coin without variant it has a termination with a small horizontal serif.

value-of-half-dollar-1964

The letter I of the word LIBERTY has an irregularity in the lower serif, which makes it concave in shape.

Its print run is estimated at between 1% and 3% of the total PROOF format emissions, so we can assume that there will be between 40,000 and 120,000 units minted in total.

It goes without saying that the Accented Hair variant is a coin much sought after by collectors, which in its version encapsulated by a TPG is more expensive than the coin without variant. In the numismatic market, its value can reach the following prices according to its state of conservation:

 MS60MS61MS62MS63MS64MS65MS66MS67MS68MS69
$0.50 AccentHair$19$20$22$30$55$74$115$190$465$1220

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