Can a coin in your spare change really be worth millions? The surprising answer is yes—especially if it’s a rare Kennedy Half Dollar. One version of this coin has sold for $3.2 million, and shockingly, similar coins are still in circulation. In this article, we’ll explain why, what to look for, and how you can check if you own one.
What Is the Kennedy Half Dollar?
The Kennedy Half Dollar was first minted in 1964, shortly after President John F. Kennedy’s assassination in 1963. The coin was created to honor his memory and quickly became a symbol of American history and pride.
Basic Details:
- Front (Obverse): Portrait of John F. Kennedy
- Back (Reverse): Presidential Seal (eagle with shield, arrows, and olive branch)
- First Year Issued: 1964
- Metal Content (1964): 90% silver
- Later Years: Switched to 40% silver (1965–1970), then copper-nickel from 1971 onward
Why One Kennedy Half Dollar Is Worth $3.2 Million
A particular 1964 Kennedy Half Dollar became famous after being sold for $3.2 million due to several rare features:
- High-Grade Condition (MS-68 or above): Near-perfect quality with no scratches
- Proof Strike: Special mirror-like finish, made for collectors
- Accidental Double Die: Some letters and numbers appear slightly doubled
- Silver Composition: 90% silver makes it more valuable
- Historical Significance: First year of issue, limited mintage, and high demand
Coins with these features are extremely rare, but similar examples are still being discovered by collectors and even casual coin users.
Why These Rare Coins Are Still in Circulation
Despite their value, some rare Kennedy Half Dollars still slip into regular circulation because:
- People Don’t Know Their Value
- Inherited Coin Collections Are Spent Unknowingly
- Coin Roll Hunters Return Them to Banks
- Some Rare Coins Were Accidentally Released
This is why checking your coins carefully can lead to a surprising discovery.
Key Features of Valuable Kennedy Half Dollars
Here’s what to look for when examining your Kennedy Half Dollar:
| Feature | Why It’s Valuable |
|---|---|
| 1964 Mint Year | First issue, 90% silver |
| “S” Mint Mark | Indicates San Francisco Proof coins |
| Double Die Obverse (DDO) | Slight doubling in letters or numbers |
| Full Strike Details | Clear, crisp images and letters |
| High MS Grades (MS-67+) | Near-perfect coin condition |
| Silver Planchet After 1970 | Mistakenly struck on silver instead of clad |
How to Identify a Valuable Kennedy Half Dollar
Follow these steps to check if your coin is rare:
- Look at the Date: 1964 is the most sought-after year.
- Check the Edge: No copper stripe = silver content.
- Use a Magnifying Glass: Look for double lettering (especially on “IN GOD WE TRUST”).
- Check the Mint Mark: “S” = Proof; “D” or no mark can also be valuable.
- Weigh the Coin:
- Silver coins: 12.5 grams
- Clad coins: Around 11.34 grams
- Compare the Condition: Coins with fewer marks and high shine are worth more.
How Much Are Kennedy Half Dollars Worth?
Here’s a quick guide:
| Coin Type | Estimated Value |
|---|---|
| 1964 Regular Circulated | $10 – $20 (due to silver) |
| 1964 Proof with Double Die | $1,000 – $3.2 million |
| 1965–1970 40% Silver | $5 – $50 |
| 1971–Present Regular Circulated | $0.50 (face value) |
| High-Grade MS-67+ Coins | $500 – $10,000+ |
Where to Get Your Coin Appraised or Sell It
If you believe you have a rare Kennedy Half Dollar, here’s what to do:
- Don’t Clean the Coin – It can reduce the value.
- Use Professional Grading Services like:
- PCGS (Professional Coin Grading Service)
- NGC (Numismatic Guaranty Company)
- Sell Through:
- Reputable coin dealers
- Online marketplaces (eBay, Heritage Auctions)
- Coin shows or collector forums
Frequently Asked Questions (FAQ)
Q1: Are all 1964 Kennedy Half Dollars valuable?
Not all. Only coins in excellent condition or with errors are worth much more than silver value.
Q2: How can I tell if I have a double die coin?
Use a magnifier to look for doubled edges on letters or numbers, especially on “LIBERTY” and “IN GOD WE TRUST.”
Q3: What does “MS” mean in coin grading?
MS stands for “Mint State.” It measures the coin’s condition. MS-70 is a perfect coin with no flaws.
Q4: Can I find silver Kennedy Half Dollars in circulation?
Yes, although rare, it is possible to find 40% silver coins (1965–1970) and even some 90% silver coins (1964) still in circulation.
Q5: Should I keep all Kennedy Half Dollars I find?
Not all are valuable, but it’s worth checking. Hold onto any 1964 or error coins until you can have them evaluated.
Conclusion
The Kennedy Half Dollar isn’t just a tribute to a beloved president—it could be your ticket to a small fortune. The coin that sold for $3.2 million proves that history and minting errors can create enormous value. So next time you receive change, check carefully. Your ordinary half dollar could be an extraordinary treasure.