The 1964 Kennedy Half Dollar is a cornerstone of American numismatics, cherished for its historical significance, high silver content, and widespread appeal among collectors. Struck in the wake of President John F. Kennedy’s assassination, this coin was the first in a series introduced to honor the beloved leader.
With millions minted in both Philadelphia and Denver, the 1964 Kennedy Half Dollar is common in circulated condition, but certain varieties and high-grade examples can be worth a fortune, making it a fascinating target for collectors.
Historical Context
Following President Kennedy’s assassination in November 1963, the U.S. Mint moved quickly to honor him with a new half dollar, replacing the Franklin Half Dollar. Designed by Gilroy Roberts (obverse) and Frank Gasparro (reverse), the coin was released in 1964 to an outpouring of public demand.
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The Philadelphia Mint produced 273,304,004 coins, while the Denver Mint struck 156,205,446, marked with a “D” mintmark. The 1964 Kennedy Half Dollar was the last circulating U.S. half dollar to contain 90% silver, adding to its intrinsic value.
Due to hoarding caused by Kennedy’s popularity and rising silver prices, many 1964 half dollars were pulled from circulation, making well-preserved examples surprisingly sought-after. Additionally, rare varieties, such as the 1964 Accented Hair proof, increase its allure for collectors.
Key Features
- Obverse: Portrait of John F. Kennedy facing left, with “LIBERTY” above, “IN GOD WE TRUST” split around the portrait, and “1964” below. The “D” mintmark, if present, is below the neck (for Denver coins).
- Reverse: Heraldic eagle holding an olive branch and arrows, with a shield on its chest, surrounded by “UNITED STATES OF AMERICA” and “HALF DOLLAR.” “E PLURIBUS UNUM” appears above, and stars encircle the eagle.
- Composition: 90% silver, 10% copper.
- Diameter: 30.6 mm.
- Weight: 12.5 grams.
- Special Note: The 1964 Accented Hair proof variety, struck in Philadelphia, features heavier hair details above Kennedy’s ear and is significantly rarer than regular proofs.
Rarity and Value
While the 1964 Kennedy Half Dollar is common in circulated grades due to its high mintage, its value increases in uncirculated and proof conditions, particularly for the Accented Hair variety. The coin’s 90% silver content gives it a baseline “melt value” tied to silver prices (approximately $10–$12 as of 2025, depending on market rates).
However, numismatic value far exceeds this for high-grade coins or rare varieties. Proof coins, especially the Accented Hair variant, can command substantial premiums due to their limited production (estimated at fewer than 100,000).
Below is a chart of approximate values for the 1964 Kennedy Half Dollar based on grade and type (data sourced from numismatic references, as of 2025):
| Grade | Circulated (Philadelphia/Denver) | Uncirculated (MS-65) | Proof (PR-65) | Accented Hair Proof (PR-65) |
|---|---|---|---|---|
| Value (USD) | $10.00 – $15.00 | $50.00 – $100.00 | $20.00 – $50.00 | $100.00 – $200.00+ |
Note: Prices are approximate and vary based on market trends, auction results, and specific coin characteristics, such as luster, toning, or Deep Cameo contrast for proofs. Coins graded by PCGS or NGC, especially Accented Hair proofs, often fetch higher prices.
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What Makes It Valuable?
Several factors contribute to the 1964 Kennedy Half Dollar’s potential to be worth a fortune:
- High Silver Content: The 90% silver composition ensures a strong intrinsic value, especially with rising silver prices.
- Accented Hair Variety: The rare proof variety with distinct hair details is highly sought after due to its low mintage and historical significance.
- Condition Rarity: Uncirculated coins (MS-65 and above) and proofs (PR-65 and above), particularly with Deep Cameo contrast, are scarce due to hoarding and circulation wear.
- Historical Significance: As the first Kennedy Half Dollar, minted in response to a national tragedy, it holds immense sentimental value.
- Collector Demand: The coin’s iconic status and role in the Kennedy series drive competition for high-grade and rare varieties.
Why Collectors Love It
The 1964 Kennedy Half Dollar captivates collectors for its blend of history, beauty, and value. Its connection to President Kennedy, combined with its status as the last 90% silver half dollar for circulation, makes it a must-have for U.S. coin enthusiasts.
The Accented Hair proof adds an element of rarity, while the coin’s large size and detailed design make it visually appealing. For both novice and advanced collectors, it’s a tangible piece of American history with investment potential.
Tips for Collectors
- Check for Varieties: Examine proof coins for the Accented Hair feature (heavier hair lines above Kennedy’s ear) using a magnifying glass.
- Authentication: Have high-value coins, especially proofs or Accented Hair varieties, graded by PCGS or NGC to verify authenticity and condition.
- Storage: Store in archival-quality holders in a cool, dry environment to prevent tarnishing and preserve silver luster.
- Market Trends: Track silver prices and auction results to gauge melt and numismatic values, especially for uncirculated or proof coins.
Conclusion
Could your 1964 Kennedy Half Dollar be worth a fortune? While most circulated examples hold modest value due to their silver content, uncirculated coins, proofs, and the rare Accented Hair variety can command significant premiums.
As a symbol of a pivotal moment in American history and a beautifully designed silver coin, the 1964 Kennedy Half Dollar remains a collector’s favorite. Whether you’re starting a collection or hunting for a rare gem, this coin offers a compelling mix of history, rarity, and potential value.
FAQs
1. What makes the 1964 Kennedy Half Dollar special?
It was the first coin issued after JFK’s assassination and the last U.S. half dollar minted for circulation with 90% silver.
2. What is the “Accented Hair” variety?
A rare proof version with more pronounced hair above Kennedy’s ear, making it highly collectible and valuable.
3. How much is a regular 1964 Kennedy Half Dollar worth?
Circulated examples are typically worth \$10–\$15 based on silver content; uncirculated or proof coins are worth more.
4. How do I know if my coin is valuable?
Check the coin’s condition (uncirculated/proof), look for the Accented Hair feature, and consider getting it professionally graded.
5. Where is the mintmark located on 1964 Kennedy Half Dollars?
If struck in Denver, a “D” mintmark appears below Kennedy’s neck on the obverse; Philadelphia coins have no mintmark.
