You Should Collect 1964 Half Dollars!

A Half Dollar Struck to Honor a Slain President
The Franklin Half Dollar entered into production in early 1948, replacing the revered but difficult to strike Walking Liberty design. Statutorily, the Franklin design would have served the nation until at least 1973, but the assassination of President John Fitzgerald Kennedy on November 22, 1963, in Dallas, Texas, hastened the end of its run.

Within days of the assassination, Treasury Secretary C. Douglas Dillon informed United States Mint Director Eva Adams that he wanted to honor Kennedy by placing his likeness on the half-dollar coin. Congress had bestowed a similar honor on President Franklin Delano Roosevelt when it placed his portrait on the dime in 1946.

On November 27, Eva Adams instructed Mint Chief Engraver Gilroy Roberts to get to work on the Kennedy Half Dollar as Congress drew up legislation to authorize the new design. Given the short time frame, Roberts adapted the Kennedy portrait he designed for the President’s inaugural medal. For the reverse, Roberts tasked Assistant Engraver Frank Gasparro with creating a design based on the Presidential Seal.

Production of the Kennedy Half Dollar got underway in January 1964, and the Treasury released the memorial coinage on March 24 to significant public interest. Lines formed around the Treasury Department’s cash window in Washington, D.C., and the Mint’s allocation of 70,000 pieces sold out quickly.

Even with a mintage of more than a quarter of a billion coins, very few 1964 Kennedy Half Dollars circulated. Besides the public hoarding of the coins for sentimental and patriotic reasons, the era of circulating 90% silver coins was ending.

The Coinage Act of 1965, signed into law by President Lyndon B. Johnson on July 23, 1965, eliminated silver from the dime and the quarter and lowered the silver composition of the half dollar to 40%. This debasement of the half dollar pushed the 90% coins out of circulation following the economic principle known as “Gresham’s Law”.These circumstances directly impact the value of the 1964 Kennedy Half Dollar today.

As a baseline, every 1964 Kennedy half is worth considerably more than its stated 50 cents face value due to its silver composition. At the current silver spot price (as of January 2024), each 1964 Kennedy half is worth $8.63 at a minimum. Uncirculated coins sell for a premium over spot price, with the typical Choice Uncirculated example retailing for between $12 and $15.

Serial numbers, miscuts, and errors of all kinds can make their way into your pocket or wallet. These can be worth hundreds of dollars to thousands of dollars!

Bill Searching for Rare Banknote Errors, Star Notes and Fancy Serial Numbers Worth Money

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OTHER COIN ERRORS TO LOOK FOR:
Multi Struck Coins
Uni Face Coins
Fragments
Proofs
Partial Collar Coins
Wrong Planchet / Off Metal Errors
Off Center Coins
Mated Coins
Martha Washington Test Pieces
Indents
U.S. Gold Errors
Fold Overs
Double Denominational Coins
Die Caps
Adjustment Strikes
Brockages
Counterbrockages
Broadstrikes
Bonded Coins
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Serial numbers, miscuts, and errors of all kinds can make their way into your pocket or wallet. These can be worth hundreds of dollars to thousands of dollars!

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Coin Cherrypicker's Guide : https://amzn.to/3zfzhq8
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