The Kennedy half dollar is one of the most iconic coins in U.S. history, especially the 40% silver versions minted between 1965 and 1970.
These coins, though originally intended for circulation, have become a staple in both coin collecting and silver investing. Their unique composition and historical significance make them highly sought after.
This article will guide you through everything you need to know about 40% silver Kennedy half dollar coins, including their history, identification, and current market value.
What is the Kennedy Half Dollar Coin?
The Kennedy half dollar was first issued in 1964 to honor the late President John F. Kennedy, following his assassination.
The coin features a portrait of JFK on the obverse and the Presidential Seal on the reverse. Initially, the coin was minted with 90% silver, but due to rising silver prices, the U.S. Mint reduced its silver content to 40% starting in 1965.
This change made the coin less expensive to produce while still maintaining its connection to silver as a valuable metal.
Why Was the Silver Content Reduced in 1965?
In 1965, the United States faced a significant surge in silver prices. As the cost of silver increased, the government was forced to reduce the silver content in many coins, including the Kennedy half dollar.
This change helped to reduce the overall cost of minting coins while allowing the U.S. Mint to continue producing them.
The 40% silver Kennedy half dollar was a result of these economic pressures, marking a pivotal moment in U.S. coinage history.
Identifying the 40% Silver Kennedy Half Dollar Coin
To identify a 40% silver Kennedy half dollar, collectors look for several key features:
- Mint Mark: The mint mark indicates where the coin was produced. Coins minted in Philadelphia typically do not have a mint mark, while those from Denver and San Francisco feature a “D” or “S,” respectively.
- Weight: A 40% silver Kennedy half dollar weighs 11.34 grams, which is slightly less than the 90% silver version.
- Magnet Test: Authentic silver coins will not attract a magnet. Using a magnet to check for authenticity can help verify if the coin is indeed made of silver.
Where Can You Buy and Sell 40% Silver Kennedy Half Dollars?
If you’re looking to add 40% silver Kennedy half dollars to your collection or sell them, there are several trusted options:
- Local Coin Shops: These stores offer a chance to inspect coins in person and get expert advice from dealers.
- Online Dealers: Websites like Accurate Precious Metals and other reputable numismatic dealers often list 40% silver Kennedy half dollars.
- Auctions: Coin auctions can be a great place to find rare or valuable coins, but always research current market values to avoid overpaying.
Current Value of 40% Silver Kennedy Half Dollars
The current value of a 40% silver Kennedy half dollar is determined by the price of silver and the coin’s demand. While the face value of the coin is 50 cents, its silver content gives it intrinsic value.
As of recent market conditions, these coins typically trade at prices above their face value, depending on the current price of silver.
Market Trends for 40% Silver Kennedy Half Dollars
| Condition | Value Range |
|---|---|
| Poor/Heavily Worn | $1 – $3 |
| Fine or Better | $3 – $8 |
| Uncirculated (Mint State) | $10 – $20 |
| Rare Varieties (Error Coins) | $30+ |
How Do 40% Silver Kennedy Half Dollars Compare to Other Coins?
The 40% silver Kennedy half dollar differs from earlier versions, such as the 90% silver half dollar, and other silver coins like the Eisenhower dollar.
While the 40% version is less valuable than the pre-1965 90% silver halves, it still offers a relatively low-cost entry point for collectors interested in silver coins.
The 40% content makes these coins less expensive, but they still carry significant intrinsic value and appeal to investors looking to diversify their portfolios with precious metals.
The 40% silver Kennedy half dollar is an interesting and valuable coin for both collectors and investors. While it may not carry the same high value as the 90% silver versions, it still represents a significant piece of American history.
By understanding how to identify, buy, and sell these coins, you can make informed decisions as you grow your coin collection.
Whether you’re looking for historical value or silver investment, the 40% Kennedy half dollar is a great choice for any numismatic enthusiast.
FAQs
What is the silver content of the 40% Kennedy half dollar?
The 40% silver Kennedy half dollar contains 40% silver and 60% copper, which makes it significantly less valuable than the 90% silver versions minted before 1965.
How much is a 40% silver Kennedy half dollar worth?
The value depends on factors such as its condition and the current price of silver. In general, these coins are worth anywhere from $1 to $20, with uncirculated coins fetching higher prices.
Can I sell my 40% silver Kennedy half dollars?
Yes, you can sell them to coin shops, online dealers, or at coin auctions. Be sure to check current market values and verify that the buyer is reputable.
