In a remarkable discovery, a family in Pennsylvania stumbled upon a rare 1964 Kennedy Half Dollar while cleaning out their late grandfather’s desk.
Initially perceived as an ordinary coin, further examination revealed it to be an exceptional piece now valued at $120,000.
The Significance of the 1964 Kennedy Half Dollar
The 1964 Kennedy Half Dollar holds a special place in American numismatics. Introduced shortly after President John F. Kennedy’s assassination, it was minted to honor his legacy.
This coin was the last U.S. half dollar struck for circulation in 90% silver, making it highly sought after by collectors.
What Makes This Coin So Valuable?
Several factors contribute to the extraordinary value of this particular coin:
- Minting Error: The coin features a Double Die Obverse, a rare minting error where the design elements appear twice due to a misalignment during the striking process.
- Pristine Condition: The coin has been preserved in mint state, showing no signs of wear, which significantly increases its value.
- Historical Context: Being part of the first batch of Kennedy Half Dollars minted adds to its historical significance.
Key Details of the Coin
| Feature | Description |
|---|---|
| Year of Minting | 1964 |
| Mint Location | Denver (indicated by ‘D’ mint mark) |
| Composition | 90% Silver, 10% Copper |
| Weight | 12.5 grams |
| Diameter | 30.6 mm |
| Notable Error | Double Die Obverse |
| Current Valuation | $120,000 |
Identifying Valuable Kennedy Half Dollars
Collectors should be vigilant for the following features when evaluating Kennedy Half Dollars:
- Mint Marks: Look for coins minted in Denver (‘D’) or Philadelphia (no mint mark).
- Minting Errors: Errors such as Double Die Obverse, Off-Center Strikes, or Repunched Mint Marks can significantly increase a coin’s value.
- Condition: Coins in mint or near-mint condition are more valuable.
- Special Varieties: The Accented Hair variety, identifiable by a more pronounced hair design above Kennedy’s ear, is particularly rare.
The discovery of this rare 1964 Kennedy Half Dollar serves as a testament to the hidden treasures that may lie forgotten in our homes.
Collectors and enthusiasts are reminded of the importance of examining old coins carefully, as they may hold significant historical and monetary value.
FAQs
How can I identify a Double Die Obverse on a Kennedy Half Dollar?
A Double Die Obverse will show noticeable doubling of design elements, particularly in the inscriptions and date.
What is the ‘Accented Hair’ variety?
The ‘Accented Hair’ variety features a more pronounced hair design above Kennedy’s ear and is one of the rarest proof varieties of the 1964 Kennedy Half Dollar.
Where can I get my Kennedy Half Dollar appraised?
You can consult with professional coin grading services or visit a reputable coin dealer for an accurate appraisal.