Are 1964 Kennedy Half Dollars Valuable?
The 1964 Kennedy Half Dollar has long been a subject of interest among collectors and numismatists alike. With its unique design and historical significance, many people wonder whether these coins hold any real value. In this article, we will explore the factors that contribute to the value of 1964 Kennedy Half Dollars and help you determine if they are worth your investment.
The 1964 Kennedy Half Dollar was minted to honor the 100th anniversary of the birth of President John F. Kennedy. Designed by Gilroy Roberts, this coin features a profile of Kennedy on the obverse and a depiction of the presidential seal on the reverse. The coin was minted in both Philadelphia and Denver, with the “P” and “D” mint marks, respectively.
Several factors can influence the value of a 1964 Kennedy Half Dollar. The most important of these is the condition of the coin. Coins that are in pristine condition, with no signs of wear or damage, are typically worth more than those that are circulated. The grading of the coin, which is determined by the Professional Coin Grading Service (PCGS) or the Numismatic Guaranty Corporation (NGC), plays a significant role in determining its value. Coins that have received a high grade, such as MS-65 or higher, are considered to be in excellent condition and can fetch a premium price.
Another factor that can affect the value of a 1964 Kennedy Half Dollar is the mint mark. Coins with the “P” mint mark from the Philadelphia Mint are more common and therefore less valuable. However, coins with the “D” mint mark from the Denver Mint are rarer and can be worth significantly more. Additionally, the “S” mint mark from the San Francisco Mint, which was used only for proof coins, is also rare and can command a high price.
The mintage figures of the 1964 Kennedy Half Dollar can also impact its value. The Philadelphia Mint produced approximately 1.2 billion coins, while the Denver Mint minted around 1.5 billion. These figures make the coin relatively common, but the mintage figures of the proof coins are much lower, with just over 1 million produced by the San Francisco Mint.
In conclusion, the 1964 Kennedy Half Dollar can be valuable, especially if it is in excellent condition and has a rare mint mark. However, the value of the coin can vary greatly depending on its condition, grading, and mint mark. If you are considering investing in a 1964 Kennedy Half Dollar, it is important to do your research and consult with a reputable coin dealer or appraiser to ensure that you are getting a fair price. Whether or not these coins are worth your investment ultimately depends on your personal interest in collecting and the value you place on their historical significance.
