Kennedy Half Dollars
The Kennedy Half dollar is a darling of coin enthusiasts. In 1964 Kennedy’s half a dollar was minted in 90% silver. As a tribute to his assassination, the coin minted in 1964; some of the proof coins currency has accented hair. Kennedys wife wanted to make the changes in the coin, so she asks the engraver to make his hair look better above the ear. The market value of the currency according to today’s market is between $6.00 dollars and 900 dollars depending on the coins minting type, grade, silver price and conditions. It’s a in demand coin based on the popularity of Kennedy as a President.
- Kennedy half dollar means a half-dollar coin or a 50 cent coin which was issued by the US Mint from 1964 to 2001.
- It was introduced in 1964 to memorialize the assassination of President John F. Kennedy.
- On the front of the coin, Kennedy’s left face portrait was present, and at the back, presidential seal (eagle and olive branch) was present.
Reducing the Silver Content:
- In 1964, 90% silver coin version was quickly sold out by collectors.
- Although there is the increased production of the mint, new coins are still rare in the market.
- In 1965, the silver content of the half dollar was reduced from 90% to 40 % and the weight is 11.5 g, but in commodity transactions, Kennedy was still rare.
- At the start of 1971, the silver content was not present in the half dollar.
- Till 2002, the mint no longer produces half-dollars for circulation.
The image of Kennedy changed a coin of the same denomination:
Fifty cents with the portrait of Kennedy changed a coin of the same faith with the image of Benjamin franklin on the observe. The currency was prepared by the engravers Gilroy Roberts and Frank Gasparro during the first week after the Kennedy assassination in Dallas. As a sample of the image, a commemorative medal with a bust of Kennedy, released two years earlier, was used.
The Changes in the Appearance:
1. All coins after 1866 also contain the motto “IN GOD WE TRUST”. Its appearance at the end of the Civil War in the United States in connection with aggravated religious feelings of many Americans.
2. They have lost relatives or are tired of military deprivation, a law was passed on March 3, 1865, according to which all silver coins with a face value of more than 10 cents and gold – more than 3 dollars must contain the motto. In the start, 50 cents US coins were minted in 1794.
3. Up till 1970, they were made from silver.
4. The coin was made from copper-nickel alloy since 1971.
New design for coins:
Coincidentally, due to some unrelated events, the coin’s new design became the reason for its gradual withdrawal.
- First, many American residents keep coins in honor of their beloved president.
- In 1965, Lyndon Johnson abolished the silver standard, which promptly withdrew previously minted silver coins (including the 50 cents that described Kennedy in 1964).
- Also until 1971, unlike 10-cent and 25-cent coins minted from copper-nickel alloys,50 cents remained 40% silver. In this regard, people have also hoarded these coins and removed them from widespread circulation.
- In 1971, a 50-cent coin was also minted from a copper-nickel alloy.
Vending Machines:
By that time, vending machines had come into use who did not accept coins of 50 cents, and people weaned from their use. In 1975 and 1976, in honor of the 200th anniversary of the adoption of the US declaration of Independence, a coin issued, on the reverse of which depicted the Independence hall, where it was signed, and on the observe was a double date “1776-1976”. The unusual design of the coin also led to its quick exit from circulation. Since 2002, the currency has been issued in relatively small editions (mainly in gift and collection sets of US coins).
If you are looking to sell your Kennedy half dollars click link to the left Usually the best price for gold & silver coins is available online from national coin buyers like www.cashforcoins.net Research can make you thousands of dollars more than the price that was offered locally. For Free estimates & offers visit our Custom & Rare Coin Offers Page.
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