A 1964 Kennedy Half Dollar can be worth anywhere from $10.75 to $5200, with its value heavily dependent on its condition. This particular year is highly sought after by collectors due to its silver content.
Understanding the Value of a 1964 Kennedy Half Dollar
The value of any coin, especially a collectible one like the 1964 Kennedy Half Dollar, is influenced by several factors, including its rarity, mint mark, and most importantly, its physical condition. The 1964 Kennedy Half Dollar holds unique significance as it was the only year these coins were minted for general circulation with a 90% silver composition.
Here's a breakdown of its approximate value based on condition:
| Condition | Approximate Value Range |
|---|---|
| Circulated | $10.75 - $11.50 |
| Uncirculated (Pristine) | Up to $5200 |
- Circulated: Coins that have been used in commerce and show signs of wear, scratches, or tarnishing. Their value is primarily driven by their silver melt value, with a slight premium.
- Uncirculated: Coins that have never been used in transactions and retain their original mint luster. Pristine, uncirculated examples, especially those with high grades, command significantly higher prices.
Why the 1964 Kennedy Half Dollar is Special
The 1964 Kennedy Half Dollar is a key coin for collectors because it was the last U.S. circulating coin to contain 90% silver. Following this year, the composition changed due to rising silver prices:
- 1965-1970 Kennedy Half Dollars: These coins contain 40% silver (often referred to as "silver-clad").
- 1971-Present Kennedy Half Dollars: These coins are made from a copper-nickel clad composition and contain no silver, making their value primarily face value unless they are special collector's editions or exceptionally rare errors.
The high silver content of the 1964 issue makes it valuable both to silver investors and coin collectors.
Practical Tips for Collectors
- Identification: Always check the date on a Kennedy Half Dollar to determine its year of mintage. The 1964 coins are easily distinguishable as the only 90% silver halves in the series.
- Condition Matters: The difference in value between a circulated and an uncirculated 1964 Kennedy Half Dollar can be thousands of dollars. Handle coins by their edges to avoid damaging their surfaces.
- Professional Grading: For potentially high-value uncirculated coins, consider having them professionally graded by reputable third-party grading services. This provides an objective assessment of the coin's condition and authenticity, which can significantly impact its market value.
- Storage: Store valuable coins in proper, archival-safe holders or albums to protect them from environmental damage and wear.
