Everyone has a collection of old coins stored somewhere in his or her home- sometimes in a cupboard among the grandma items, and sometimes as an inheritance or a present. However, have you ever imagined that you have something that is worth millions and this is an old coin? Such a case has recently materialized with a rare Kennedy half-dollar coin of 1964 being sold at an auction at \$156,000 (or around 1.3 crores).
This news is not only shaking the coin collectors, but it is also compelling ordinary people to have a glance at their old coins.
History of the Kennedy half-dollar: Starting with a tribute
The 1964 Kennedy half-dollar was being struck in memory of the 35 th President of the United States of America-John F. Kennedy as he was murdered prematurely. On 22 November 1963, the assassination of the President sent a stampede of sorrow waves in the nation.
American Mint did not hesitate to make a new coin to relate everyday so that people can remember their beloved leader. Gilroy Roberts designed this coin with the left face of Kennedy (Obverse) and reverse side made eagle by Frank Gasparro.
It is the special aspect of fact that in **1964 this coin was produced the first and last time of pure 90 percent of silver. After several years, these coins reduced drastically following their high prices as they were melted down in consideration of silver.
What is SMS 1964 Kennedy Half-Dollar and Why Did It Sell for $156,000?
It might come to your mind that all 1964 coins would be the same price but it is not the case. The coin which was purchased at such a massive amount was actually a Special Mint Set (SMS) one.
Some features of this special coin make it different from all the others:
- Satin-like shine: Its finish is completely different and matte, not like the common proof or circulation.
- Clearness of sharp edges and design: The design is more embossed and clear.
- No scratches or contact marks: It is specially handled, so its surface remains very clean.
- Very limited number: The number of such coins is very few, which further increases their rarity.
All these features make it very attractive for coin collectors and this is the reason why it was sold at the Stack’s Bowers auction for \$156,000.
How to identify rare 1964 SMS Kennedy half-dollar?
If you have a 1964 half-dollar, you should check if it is the rare SMS version or not. Look for the following signs:
- Satin-like finish: Not shiny, but a matte and uniform sheen.
- Sharp edges and clean designs: Hairlines, letters, etc. look very clear.
- No scratches or marks: If the coin is crystal clear, this could be a sign.
- Weight and metal composition: The coin should weigh 12.5 grams and contain 90% silver and 10% copper.
If your coin meets all these criteria, get it certified by a reputable grading institute like PCGS (Professional Coin Grading Service) or NGC (Numismatic Guaranty Company).
How much is a common 1964 Kennedy half-dollar worth?
Not every 1964 coin will sell for millions. Even if you have the Normal Circulation version, it still holds some value because of the Silver content.
| Type | Estimated Value |
|---|---|
| Silver Melt Value | ~$8.63 (based on 2024 prices) |
| Uncirculated Coins | $12 – $15 |
| Proof Versions | $20 or more |
Important Tips for Coin Collectors
1. Understand all versions:
- Circulation Coin: For general use, mostly based on silver value.
- Proof Coin: Made for collectors, more valuable.
- SMS Coin: The rarest and most valuable.
2. Make sure to get professional grading
Correct grading can increase the value of the coin manifold. Choose only trusted institutions.
3. Collect properly
- Do not touch the coin directly with hands.
- Use a mint slab or coin holder.
- Keep in a cool and dry place.
4. Buy and sell only from trusted places
- Auction companies like Stack’s Bowers, Heritage Auctions.
- Certified coin dealers.
- Online marketplaces like eBay, Great Collections.
1964 Kennedy Half-Dollar: Key facts at a glance
| Feature | Description |
|---|---|
| Coin | 1964 Kennedy Half-Dollar |
| Composition | 90% Silver, 10% Copper |
| Notable Variant | Special Mint Set (SMS) with satin finish |
| Record Sale | $156,000 at Stack’s Bowers auction (2019) |
| Rarity | Only a few SMS coins are known to exist |
| Value of Regular 1964 Coins | $8.63 (melt value), up to $15 for uncirculated versions |
| Identification Tips | Satin finish, sharp details, no contact marks |
| Where to Sell | Coin dealers, auctions, online marketplaces |
Conclusion: Do you also have a coin worth crores hidden with you?
Half-Dollar Kennedy is not only a marker of the American history, but also, when in the appropriate rendering and state, it will also make you rich budget-wise. When such a coin comes into your possession do not neglect it. You also can eventually be a part of an auction running into crores of rupees with just a little information and identifying the right ones.
FAQs
Q1. What makes the 1964 Kennedy Half-Dollar valuable?
Its 90% silver content and the rare SMS version make it highly valuable to collectors.
Q2. How can I identify the rare SMS 1964 Kennedy Half-Dollar?
Look for a satin-like finish, sharp details, no contact marks, and professional grading.
Q3. What is the value of a regular 1964 Kennedy Half-Dollar?
Around $8.63 based on silver content; uncirculated coins may fetch $12–$15.
Q4. Where can I sell my 1964 Kennedy Half-Dollar?
Through certified coin dealers, online marketplaces, or auction houses like Heritage Auctions.
Q5. Should I get my coin professionally graded?
Yes, grading can significantly increase the value if the coin is rare or in excellent condition.
