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Cryptocurrency News Articles

The Kennedy Half-Dollar: A Tribute to a President and a Coveted Collector's Item

Dec 14, 2024 at 01:09 am

In the world of collecting, few items spark as much fervor as coins. Among the many treasures numismatics enthusiasts seek, a particular coin stands out—a rare Kennedy half-dollar commemorating the late president's assassination in 1963.

The Kennedy Half-Dollar: A Tribute to a President and a Coveted Collector's Item

In the realm of collecting, few items ignite as much fervor as coins. Among the vast array of treasures numismatics enthusiasts seek, one particular coin stands out—a rare Kennedy half-dollar commemorating the late president's assassination in 1963.

Minted the year following his death, the coin has remained in circulation ever since, except for a brief period in the 1970s when his image was replaced on the coin. Now, the coins minted between 1964 and 1970 have become a coveted collector’s item, with pristine examples fetching nearly $15,000.

The Fascinating World of Numismatics

Spanning back to the 19th century, numismatics—the study and collection of coins, banknotes, and medals—has captivated enthusiasts for generations. This passion centers around rare and historic pieces, whose value often escalates dramatically depending on factors such as age, rarity, condition, or unique flaws.

Some specimens, like the Kennedy half-dollar, can command extraordinary prices due to their historical significance and scarcity.

A Tribute to President Kennedy

The 50-cent coin was minted to commemorate President John F. Kennedy following his assassination in November 1963. Released the following year, the coin is still in regular circulation in the United States.

There was a brief exception to this as in 1975 and 1976 the reverse temporarily featured Independence Hall in Philadelphia the to celebrate the bicentennial of the Declaration of Independence.

Eleven weeks after JFK assassination, Kennedy half dollar was first produced today 1964: #NARA pic.twitter.com/uqw83BHHB4

What makes it particularly sought after is its intricate design and rarity—few examples remain in flawless condition today. Collectors value coins where the president's profile, the inscriptions, and the eagle emblem are perfectly preserved, driving auction prices as high as $15,000.

Why Some Kennedy Half-Dollars Are Worth Thousands

The original 1964 minting included a remarkable 90% silver composition, giving the coins a distinct appeal. However, as production continued, the silver content was reduced to 40%, slightly diminishing their overall value.

The precious metal was removed from the coins by the Mint in 1971 and the composition became copper-nickel clad.

Still, early high-silver versions remain highly prized. In pristine condition, these coins can fetch thousands of dollars, while later versions typically sell for $5 or slightly more.

CAC made a very clear statement with this coin ....The 1964 Accented Hair Kennedy Half Dollar is one of the most sought-after varieties of the long-running Kennedy series. Not only is it a first-year issue, but it was also the first variety of the proof run and was directly… pic.twitter.com/ZDOnIxhz38

Iconic Design Details

The Kennedy half-dollar boasts a design steeped in symbolism. The obverse features a striking profile of President Kennedy with the inscriptions “Liberty” and “In God We Trust.”

On the reverse, the Presidential Seal takes center stage, displaying an American eagle clutching an olive branch and 13 arrows, surrounded by the phrase “E Pluribus Unum” (“Out of Many, One”). This rich imagery and historical significance make it a favorite among collectors.

Original article written by Arianna Villaescusa, translated with the assistance of AI and edited by Greg Heilman.

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News source:en.as.com

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