Are Kennedy Half Dollars Still in Circulation?
Kennedy Half Dollars, introduced in 1964, have been a staple of American coinage for decades. With their distinctive design featuring President John F. Kennedy’s profile, these coins have become a symbol of American history and culture. But the question on many people’s minds is: Are Kennedy Half Dollars still in circulation today?
History and Introduction
The Kennedy Half Dollar was first minted in 1964, following the assassination of President Kennedy in November 1963. The coin was created to honor his memory and to commemorate his contributions to the United States. The design was chosen through a national competition, and the winner, Frank Gasparro, sculpted the image of President Kennedy on the coin.
Production and Circulation
For the first few years, Kennedy Half Dollars were widely circulated and were often used in daily transactions. However, due to the rising cost of silver, the Mint decided to stop producing the coin in 1970. This led to a significant reduction in the number of Kennedy Half Dollars in circulation.
Current Circulation
Today, Kennedy Half Dollars are still in circulation, but their presence is much less than it once was. Most of the coins currently in circulation are from the 1960s and 1970s. The U.S. Mint has not produced new Kennedy Half Dollars since 1970, except for a limited number of silver proof coins that are sold to collectors.
Collectibility and Value
Despite their limited circulation, Kennedy Half Dollars have become highly collectible. Some coins, such as those from the 1964-1969 mint sets, are rare and can be worth a significant amount of money. Additionally, the 1974 coin, which was the last year silver was used in the coin, is particularly valuable to collectors.
Conclusion
In conclusion, Kennedy Half Dollars are still in circulation, although their numbers have significantly decreased over the years. These coins hold a special place in American history and are cherished by collectors and numismatists alike. Whether you are looking for a piece of American history or a valuable investment, the Kennedy Half Dollar is a coin worth considering.
