The 1964 Kennedy Half Dollar is more than just a piece of currency—it’s a symbol of national mourning, a numismatic treasure, and a highly sought-after collectible. Minted in the wake of President John F. Kennedy’s assassination, this coin holds a special place in both American history and the hearts of collectors worldwide.
What makes this half dollar so desirable? Beyond its historical significance, it was also the last U.S. half dollar minted in 90% silver, making it a prized piece for both numismatists and precious metal investors.
In this guide, we’ll explore the history, silver content, mintage details, key variations, and current values of the 1964 Kennedy Half Dollar—and why you might want to check your coin collection for this hidden gem.
A Tribute to President John F. Kennedy
November 22, 1963—the day President John F. Kennedy was assassinated in Dallas, Texas, shocked the nation. Americans mourned their fallen leader, and the U.S. Mint quickly began working on a tribute coin in his honor.
The decision was made to place Kennedy’s portrait on the half dollar, replacing the Franklin Half Dollar, which had been in circulation since 1948. Just months after his passing, the first Kennedy Half Dollars were minted and released in early 1964.
The demand was unprecedented. Americans rushed to banks to obtain the new half dollar, many choosing to hoard the coins rather than spend them. This overwhelming response solidified the Kennedy Half Dollar as one of the most significant coins in U.S. history.
Why Is the 1964 Kennedy Half Dollar Special?
Several factors contribute to the lasting appeal of the 1964 Kennedy Half Dollar:
🟢 First Year of Issue – This was the first year Kennedy’s image appeared on U.S. currency, making it a historic piece.
🟢 90% Silver Composition – The 1964 version was the last U.S. half dollar struck in 90% silver, adding intrinsic value.
🟢 High Demand & Collectibility – The coin became a symbol of Kennedy’s legacy, with millions of Americans wanting to own one.
🟢 Rare Varieties – Certain key variations and proof versions make some of these coins even more valuable.
Silver Content: The Last 90% Silver Half Dollar
One of the biggest reasons collectors love the 1964 Kennedy Half Dollar is its high silver content.
✔ Composition: 90% Silver, 10% Copper
✔ Total Weight: 12.50 grams
✔ Pure Silver Content: 0.3617 troy ounces
But in 1965, due to rising silver prices, the U.S. Mint reduced the silver content in Kennedy Half Dollars:
🔹 1965-1970: Only 40% silver
🔹 1971 & Beyond: Silver was completely removed, replaced by a copper-nickel clad composition
That makes the 1964 version the only regular-issue Kennedy Half Dollar with 90% silver, which significantly increases its collector and investment value.
Mintage & Availability: How Many Were Made?
To meet overwhelming demand, the U.S. Mint produced an enormous number of 1964 Kennedy Half Dollars:
🏛 Philadelphia Mint (No Mint Mark): 277,254,766 coins
🏛 Denver Mint (“D” Mint Mark): 156,205,446 coins
💰 Total Mintage: Over 430 million coins
Despite the high production numbers, many of these coins were hoarded, melted down, or lost over time. As a result, while common circulated versions exist, finding a high-quality, uncirculated specimen is much harder—and those can be worth a significant premium.
Rare & Valuable Variations of the 1964 Kennedy Half Dollar
While most 1964 Kennedy Half Dollars are considered common, certain rare varieties and high-grade examples can fetch top dollar:
1. The “Accented Hair” Variety (Proof Coin Rarity)
One of the most famous varieties is the “Accented Hair” proof coin—a design variation with a more pronounced hairline above Kennedy’s ear.
✔ Only found on early proof coins minted in Philadelphia
✔ Rare compared to standard proof versions
✔ More valuable due to its unique design
💰 Value: A high-grade Accented Hair proof can sell for thousands at auction.
2. High-Grade Specimens (MS68 & Higher)
Uncirculated 1964 Kennedy Half Dollars graded MS68 or above are extremely rare and valuable.
💰 Auction Highlight: In May 2024, a 1964 Kennedy Half Dollar graded MS68 sold for a stunning $57,600.
3. Special Mint Set (SMS) Versions
There are rumors that a very limited number of 1964 Kennedy Half Dollars were struck for Special Mint Sets (SMS).
✔ These coins have a distinct satin finish
✔ Extremely rare and highly valuable
💰 If confirmed, these could be worth tens of thousands.
How Much Is a 1964 Kennedy Half Dollar Worth?
The value of a 1964 Kennedy Half Dollar depends on condition, mint mark, and rarity:
Condition | Estimated Value |
---|---|
Circulated (Common) | $12 – $15 (based on silver content) |
Uncirculated (MS60+) | $25 – $50 |
Proof (Regular) | $30 – $100 |
Accented Hair Proof | $1,000+ |
MS68 or Higher | $50,000+ |
💰 Silver Melt Value (March 2025 Estimate): Around $10 – $12 based on current silver prices.
Should You Buy or Sell a 1964 Kennedy Half Dollar?
If you own a 1964 Kennedy Half Dollar, here’s what to consider:
✔ For Collectors: It’s a historic and valuable addition to any collection. Look for high-grade or proof versions to maximize investment potential.
✔ For Silver Investors: This coin contains 90% silver, making it a great investment in precious metals.
✔ For Sellers: If you have a high-grade coin or rare variety, have it professionally graded to get the best price.
Final Thoughts: A Timeless American Coin
The 1964 Kennedy Half Dollar is much more than just money—it’s a piece of American history.
Whether you’re a collector, investor, or history enthusiast, this coin remains one of the most treasured U.S. coins ever minted. Its historical importance, high silver content, and rare variations ensure that it will always have a place in the world of numismatics.
So, if you ever come across a 1964 Kenned