The 1964 Kennedy Half Dollar is not only a historical coin but also a collector’s favorite. Some varieties, like the Accented Hair Proof and Special Mint Set (SMS) coins, can fetch thousands of dollars, with one SMS coin selling for $156,000! Learn how to identify, grade, and sell these valuable coins in our detailed guide.
$9,400 for a 1964 Kennedy Half-Dollar: The 1964 Kennedy Half Dollar is one of the most iconic coins in American history, but did you know that some versions of this coin have sold for an astonishing $9,400 or more at auction? Collectors and investors alike are on the hunt for rare and high-grade examples of this historic coin. But what exactly makes certain 1964 Kennedy Half Dollars so valuable?
In this article, we’ll explore the factors that contribute to the high value of this coin, including its silver content, rare varieties, and special mint sets. Whether you’re a numismatic expert or a beginner collector, this guide will help you understand what to look for and how to determine if you have a valuable Kennedy Half Dollar in your collection.
1964 Kennedy Half-Dollar
| Feature | Details |
|---|---|
| Coin Name | 1964 Kennedy Half Dollar |
| Composition | 90% Silver, 10% Copper |
| Mintage | 273,304,004 (Philadelphia), 156,205,446 (Denver) |
| High-Value Sales | Up to $9,400+ for rare varieties |
| Rare Varieties | Accented Hair Proof, Special Mint Set (SMS) |
| Auction Record | $156,000 for a 1964 SMS Specimen in SP68 Grade |
| Official Mint Info | U.S. Mint |
The 1964 Kennedy Half Dollar is a beloved piece of U.S. history, and some varieties are highly valuable. Whether it’s the Accented Hair Proof, the rare SMS version, or a high-grade uncirculated coin, collectors are willing to pay top dollar for special examples. By understanding what makes these coins valuable and how to identify them, you can determine whether you have a rare and valuable piece in your collection.
Why Is the 1964 Kennedy Half Dollar Valuable?
The 1964 Kennedy Half Dollar was minted to honor President John F. Kennedy after his tragic assassination in November 1963. As a result, this coin holds historical significance, which adds to its collectibility. However, there are a few other factors that make some versions of this coin highly valuable.
1. Silver Content and Intrinsic Value
Unlike modern half dollars, the 1964 Kennedy Half Dollar is made of 90% silver. This makes it a popular choice among silver investors and collectors alike. Even in circulated condition, the coin retains intrinsic value due to its silver content.
- Current Silver Melt Value: Approximately $10-$12 (depending on silver prices)
- Uncirculated Condition Value: $15-$50
- High-Grade Proof Coins: Can reach hundreds or even thousands of dollars
Additionally, the silver content alone makes these coins a hedge against inflation, which is another reason why they remain in demand.
2. Rare Varieties That Increase Value
Certain varieties of the 1964 Kennedy Half Dollar are significantly more valuable due to unique design differences or special minting processes.
Accented Hair Proof Variety
- One of the earliest proof versions of the 1964 Kennedy Half Dollar features a more pronounced hair detail above Kennedy’s ear.
- This variety was quickly discontinued and replaced with a modified design.
- Value: A high-grade Proof-67 or better can fetch between $1,000 – $9,400 at auction.
1964 SMS (Special Mint Set) Coins
- These coins were produced under mysterious circumstances, with only 12 known examples in existence.
- They feature a unique satin finish and sharp details, unlike regular circulation coins.
- Value: One sold for $156,000 at auction in SP68 condition.
3. Grading Matters: How Condition Impacts Price
Coin grading plays a crucial role in determining the value of a 1964 Kennedy Half Dollar. Coins are graded on a scale from Poor (P-1) to Mint State (MS-70), with higher grades commanding premium prices.
| Grade | Estimated Value |
| Circulated (XF40 – AU50) | $10 – $20 |
| Uncirculated (MS60 – MS65) | $20 – $200 |
| Proof (PR65 – PR69) | $50 – $2,000+ |
| SMS Specimen (SP68) | $156,000 |
For the best valuation, have your coin professionally graded by organizations like the PCGS (Professional Coin Grading Service) or NGC (Numismatic Guaranty Corporation).
4. Demand from Collectors and Investors
The demand for 1964 Kennedy Half Dollars has remained strong due to the coin’s historic significance and silver content. Many collectors seek out rare varieties, and investors purchase these coins for their silver value.
How to Identify a Rare 1964 Kennedy Half Dollar
If you have a 1964 Kennedy Half Dollar and want to see if it’s valuable, follow these steps:
- Check for the “Accented Hair” Variety: Look for extra detail in Kennedy’s hair above the ear.
- Look for the SMS Finish: If the coin has a satin-like surface and crisp details, it may be an SMS version.
- Examine the Condition: Coins in mint condition with no scratches or wear are more valuable.
- Get the Coin Graded: Professional grading services can authenticate rare varieties and assign a grade.
Where to Sell a 1964 Kennedy Half Dollar
If you think you have a valuable 1964 Kennedy Half Dollar, there are several ways to sell it:
- Auction Houses: Heritage Auctions, Stack’s Bowers, and GreatCollections.
- Online Marketplaces: eBay, Coin Community, or Facebook numismatic groups.
- Coin Dealers: Reputable local or online dealers can provide appraisals and offers.
- Coin Shows: Attend coin shows where collectors and dealers gather to buy and sell.
