50 Cent Coin Now Worth Over $150,000: It is important for people to note that coins could transact for a considerable sum of money and here is how to illustrate it. John Fitzgerald Kennedy, the 35th President of the USA, is considered to be one of the significant leaders in the history of the country, as well as for the sad events that occurred in his life.
President Kennedy was assassinated in 1963 and the shocking event made him almost a cult figure. For the years, his legacy has been commemorated in many ways, but the 50 cent coins are one of the most notorious.
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Minting of coins bearing John F. Kennedy
Foraging of examples with a depiction of John F. Kennedy’s image started in 1964, which is a year following the president’s death. The United States Mint has first made the 50-cent pieces as a way to honors the President.
It became possible to make specimens that initially contained 90% silver and turned into valuables and collectibles. Most of the coins produced since then have no monetary equivalent except their face value and sometimes even the face value has been debated but there have been special editions of the coins and cash that have been offered for sale in their raw state or in perfect condition, and these have been sold for enormously high prices in the market.
There are several reasons why the Kennedy half-dollar remains a favorite among collectors:
- Historical Significance: The coin is a reminder of one of the most revered presidents in the country.
- Material Value: The first editions have a high percentage of silver content.
- Rarity: The collector’s edition and mint coins, which are usually well maintained, are hard to get.
Whether you’re a new collector or a veteran, this Kennedy half-dollar is something you need to add to your collection.
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The 1964 Coin
In all the 50 cent pieces that bear the picture of John F. Kennedy, one that is most sought in the market is the 1964 P Retrieved 16, SP68 mint.
This was in a mint set in a first year of production and is characterized by a soft, reminiscent ‘satin’ finish. Among Kennedy money, one of these specimens has been sold for as high as USD 160,000 in the year 2019.
How can determine the value of my Kennedy half-dollar coins
The key factors that impact the value of Kennedy half dollars are:
Date and mint mark
- Coins produced in the period of 1964 to 1970 are of silver and have more value than the post-1971 copper-nickel coins.
- These 1970-D coins were issued in the mint sets and hence have a little premium value.
- Newer coins, which were minted in 1971 and later, are just as valuable as 50 cents.
Condition/grade
- Coins that have not been used and, as such, have not suffered any scratching or wear are valued more than those that have been in circulation.
- There is indication that higher-grade uncirculated coins attract the highest premium in the market.
Special varieties
- 1776-1976 Bicentennial coins were minted in large quantities and carry no extra value
- 2014 50th anniversary special mint sets and gold coins are valuable to collectors
Set or collection of Kennedy half-dollar coins that is considered extremely rare and valuable?
Another half-dollar that was released and has garnered a lot of interest is the one that was produced in 1967. It is characterized by the absence of any mint mark and the coin content of rather below average 40% silver. It was minted after a short time break in the minting of Kennedy half-dollars, which also makes it rare.
- 1964 SMS Kennedy Half Dollars: These are valued Kennedy half dollars that were struck with a special satin finish. A 1964 SMS Kennedy half-dollar-graded SP68 was sold for $156,000, which makes it the most expensive coin of the series.
- 1964 Accented Hair Proof Kennedy Half Dollars: In 1964, a small number of proof coins were struck with heavily accented hair details on Kennedy’s portrait. A 1964 Accented Hair proof in PF68 grade has sold for nearly $20,000.
- 1964 Kennedy Half Dollar (MS65): This particular coin is a gem machine-made proof coin of the first year for the series. Another example in PR-70 condition that was equally sold for $156,000 was due to it being in a preserved state.
- 1964-D MS68 Kennedy Half Dollar: The highest quality 1964 half dollar minted in Denver, with the MS68 grade. It sold for $32,900 at the auction, and due to the high grade and the rainbow toning, the item was definitely appreciated.
- 1967 Special Mint Set (SMS) Kennedy Half Dollars: The 1967 SMS Kennedy half dollars are rare, especially in high grades. An MS69 example sold for $31,200.
These Kennedy currencies have numbers on their attributes, which makes them rather rare and exciting for the collectors.
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