In the world of coin collecting, few coins spark as much excitement as the 1964 Kennedy Half Dollar. While millions were minted, a select few have become prized rarities — with one example selling for over $950,000 at auction. And the best part? Some of these valuable coins are still hiding in everyday pocket change or forgotten drawers
Why the 1964 Kennedy Half Dollar Is So Special
The 1964 Kennedy Half Dollar was the first coin issued after President John F. Kennedy’s tragic assassination in 1963. Released as a tribute, it quickly became a symbol of national remembrance. Millions were struck, and demand was so high that banks couldn’t keep them in stock.
But beyond its emotional and historical value, it’s the coin’s unique features and minting variations that have captured the attention of serious collectors — driving some values into six-figure territory.
Key Features to Identify a Valuable 1964 Kennedy Half Dollar
1. 90% Silver Composition
All 1964 Kennedy Half Dollars were minted in 90% silver. This alone gives the coin intrinsic value, typically worth over $10 based on current silver prices. But the real value lies in rare varieties and conditions.
2. The Accented Hair Variety
This rare variety was included in some early proof sets released in 1964. It features extra detail in Kennedy’s hair, especially above the ear. On the reverse, the letter “I” in “LIBERTY” often appears missing its left serif. These subtle differences make it a collector’s gem.
Value: In pristine proof condition, Accented Hair coins can fetch thousands — especially when graded PR68 or higher.
3. Proof vs. Circulated Coins
Proof coins were specially minted for collectors using polished dies and blanks. If you find a proof 1964 Kennedy Half Dollar — particularly the Accented Hair type — and it’s in top condition, it could be worth a significant amount.
4. Rare Mint Marks and Errors
Most 1964 Kennedy Half Dollars were struck at the Philadelphia Mint (no mint mark) or the Denver Mint (marked “D”). Look near the base of Kennedy’s neck for the mint mark. Rare errors such as doubled dies, misaligned strikes, or misplaced mint marks can dramatically boost a coin’s value.
The $950,000 SMS Kennedy Half Dollar
One of the most valuable versions ever discovered is the 1964 SMS (Special Mint Set) Kennedy Half Dollar. These coins were struck with an unusually sharp finish and weren’t officially released to the public. Fewer than a dozen are believed to exist, and one of them sold for over $950,000.
What sets it apart? A satin-like finish, near-perfect strike, and mysterious origin. Experts believe it was produced for internal Mint evaluation or as a prototype. Today, it’s considered one of the rarest and most desirable half dollars ever made.
What to Do If You Think You’ve Found One
If you come across a 1964 Kennedy Half Dollar, here’s what you should do:
- Do Not Clean It – Cleaning a coin can reduce its value by thousands of dollars.
- Handle with Care – Always hold coins by the edges to avoid smudges or scratches.
- Have It Graded – Submit your coin to a professional service like PCGS or NGC for authentication and grading.
- Consult an Expert – Reach out to a reputable coin dealer or numismatist to get an accurate appraisal.
Why These Coins Still Circulate
Despite their value, many people don’t realize what they’re holding. Some 1964 Kennedy Half Dollars continue to show up in circulation, roll hunts, or old family collections. With silver prices on the rise and collector interest surging, even standard 1964 halves are worth more than face value — and rare versions can change your life financially.
Final Thoughts
The next time you’re sorting through loose change or inherited coins, don’t overlook the 1964 Kennedy Half Dollar. While most carry modest value due to their silver content, a select few are worth tens or even hundreds of thousands. All it takes is a careful eye and a little knowledge to turn a forgotten coin into a fortune.
In the end, this iconic coin isn’t just a piece of history — it’s a reminder that some of the most valuable things in life are hiding in plain sight.
Frequently Asked Questions (FAQs)
Q1: Are all 1964 Kennedy Half Dollars valuable?
While all 1964 Kennedy halves contain silver and are worth more than 50 cents, only rare varieties or high-grade specimens are worth thousands.
Q2: How can I tell if my coin is the Accented Hair variety?
Look for sharper hair detail above Kennedy’s ear and a missing serif on the “I” in LIBERTY. These clues help distinguish the rare variety.
Q3: What does SMS mean?
SMS stands for Special Mint Set, a limited run of coins made with higher quality strikes. The 1964 SMS Kennedy Half Dollar is extremely rare and valuable.
Q4: Where can I get my coin graded?
You can submit your coin to grading companies like PCGS (Professional Coin Grading Service) or NGC (Numismatic Guaranty Company) for expert authentication and certification.