The 1998-D Kennedy Half Dollar, minted in Denver, stands out as a notable piece for numismatists and enthusiasts alike. While it may appear as a common coin from the late 20th century, its unique characteristics and potential value make it a subject of interest.
Historical Context
Introduced in 1964 to honor the late President John F. Kennedy, the Kennedy Half Dollar has been a staple in U.S. coinage. By 1998, the coin had transitioned from its original silver composition to a copper-nickel clad, reflecting changes in metal usage over the decades.
Mintage and Specifications
In 1998, the Denver Mint produced 15,064,000 Kennedy Half Dollars. This mintage was slightly lower than the Philadelphia Mint’s output of 15,646,000 coins for the same year. The coin’s specifications are as follows:
| Specification | Details |
|---|---|
| Composition | 75% Copper, 25% Nickel (Clad) |
| Weight | 11.34 grams |
| Diameter | 30.6 mm |
| Thickness | 2.15 mm |
| Edge | Reeded |
| Mint Mark Location | Obverse, below Kennedy’s bust |
Design Details
The obverse of the coin features a left-facing profile of President Kennedy, designed by Gilroy Roberts. The inscriptions include “LIBERTY” and the year “1998,” with “IN GOD WE TRUST” beneath the portrait. The reverse, crafted by Frank Gasparro, showcases the Presidential Seal: an eagle with a shield, clutching an olive branch and arrows, surrounded by 50 stars representing the states.
Market Value and Grading
The value of a 1998-D Kennedy Half Dollar varies based on its condition:
- Circulated Condition: Typically holds a face value of $0.50.
- Uncirculated (MS63): Approximately $3.
- Mint State (MS65): Around $5.
- Mint State (MS66): Approximately $17.
- Mint State (MS67): Can command prices up to $74.
Coins graded MS68 are rare and can fetch significantly higher prices. Grading is conducted by professional services like PCGS and NGC, assessing factors such as luster, strike quality, and the presence of contact marks.
Collectibility and Notable Variants
While the standard 1998-D Kennedy Half Dollar is relatively common, certain variants and errors can enhance a coin’s desirability:
- 1998-S Matte Proof: A special issue with a mintage of approximately 62,000, included in the Kennedy Collector’s Set alongside a Robert F. Kennedy commemorative silver dollar.
- Error Coins: Misstrikes or anomalies, such as missing design elements due to over-polished dies, can be valuable to collectors.
Investment Potential
While many Kennedy Half Dollars from the late 20th century are abundant, high-grade specimens, especially those graded MS67 and above, are scarce and can be valuable. Collectors seeking to invest should focus on coins with exceptional preservation, unique errors, or low-mintage variants like the 1998-S Matte Proof.
Preservation Tips
To maintain or enhance the value of a 1998-D Kennedy Half Dollar:
- Handle Properly: Use gloves to prevent oils from fingers contaminating the coin’s surface.
- Storage: Keep in a cool, dry environment, preferably in protective holders to shield from environmental factors.
- Avoid Cleaning: Cleaning can diminish a coin’s value; it’s best to preserve its natural patina.
The 1998-D Kennedy Half Dollar offers both historical significance and potential value for collectors. By understanding its characteristics, market value, and preservation methods, enthusiasts can make informed decisions about acquiring and maintaining this modern yet noteworthy coin.
FAQs
Why is the 1998-D Kennedy Half Dollar significant?
While part of a common series, high-grade specimens and certain variants from 1998 can hold significant value.
How can I determine the grade of my 1998-D Kennedy Half Dollar?
Professional grading services like PCGS or NGC can provide an accurate assessment of your coin’s condition.
What makes the 1998-S Matte Proof Kennedy Half Dollar special?
Its limited mintage of approximately 62,000 and unique matte finish distinguish it from standard issues.
Is it advisable to clean my Kennedy Half Dollar to enhance its value?
No, cleaning can reduce a coin’s value. It’s best to preserve its original condition.
Where is the mint mark located on the 1998-D Kennedy Half Dollar?
The mint mark “D” is located on the obverse side, just below President Kennedy’s bust.
