The 1967 Kennedy half-dollar is more than just a coin; it’s a piece of American history. While many Kennedy half-dollars are commonly found, the 1967 version has special traits that can affect its value. This article will break down what makes the 1967 Kennedy half-dollar interesting, how to determine its worth, and why collectors and investors find it appealing.
Overview of the Kennedy Half-Dollar
The Kennedy half-dollar was introduced in 1964 to honor President John F. Kennedy, who was assassinated in 1963. Designed by Gilroy Roberts, the coin features:
- Obverse: A profile of John F. Kennedy.
- Reverse: An eagle holding a shield, with the words “United States of America” and “Half Dollar.”
Initially, half-dollars were made from 90% silver, but changes were made over the years.
The 1967 Kennedy Half-Dollar
The 1967 half-dollar was minted during a time when coins were transitioning to a different metal mix. Here are the key details of the 1967 half-dollar:
| Feature | Details |
|---|---|
| Mint Mark | None (Philadelphia), D (Denver) |
| Composition | 40% silver, 60% copper-nickel |
| Weight | 11.34 grams (0.4 oz) |
| Diameter | 30.61 mm |
| Design | Obverse: Kennedy; Reverse: Eagle |
| Mintage | Approximately 103 million |
Factors Influencing Value
The worth of the 1967 Kennedy half-dollar can change based on several important factors. Let’s break these down:
1. Condition and Grading
Like many collectibles, the condition of the coin plays a big role in its value. Coins are graded on a scale from 1 to 70. Here are the common grades and their estimated values:
| Grade | Description | Estimated Value |
|---|---|---|
| AU 50 | Almost uncirculated, slight wear | $3 – $5 |
| MS 60 | Mint State, some marks visible | $6 – $10 |
| MS 65 | Well-preserved, few blemishes | $25 – $50 |
| MS 66 | Near-perfect, very few imperfections | $100 – $150 |
2. Silver Content
The 1967 Kennedy half-dollar has 40% silver, which adds to its base value. When silver prices rise, so does the value of the coin. For example, if silver is priced at $24 per ounce, the estimated value based on silver content alone would be:
- Weight of Silver: 0.133 troy ounces
- Estimated Value: Approximately $3.20
3. Demand Among Collectors
The interest among collectors can greatly affect the market value. Collectors looking to complete their sets or focus on specific years often drive prices up. Because Kennedy coins are popular, the 1967 half-dollar, especially in better grades, can attract attention.
4. Market Trends
The coin market can change due to economic conditions and collecting trends. As more people show interest in silver and historical coins, the value of the 1967 Kennedy half-dollar can rise. Recent trends show a growing fascination with collectible coins, which can positively impact its worth.
Recent Market Activity
Looking at recent sales can give us an idea of the current market value of the 1967 Kennedy half-dollar. Here are some notable sales:
| Sale Condition | Sale Price | Auction Date | Auction House | Notes |
|---|---|---|---|---|
| MS 65 | $50 | May 2024 | Heritage Auctions | Strong demand for high-grade coins. |
| AU 50 | $5 | July 2023 | eBay | Common circulated condition. |
| MS 66 | $150 | December 2022 | Stack’s Bowers | Exceptional quality. |
| Circulated | $2 | September 2023 | Local Coin Show | Typical price for circulated coins. |
These sales demonstrate how prices can differ based on the coin’s condition and collector interest. A high-grade coin can command much higher prices compared to circulated ones.
Conclusion
The 1967 Kennedy half-dollar is a fascinating coin that combines history with collectible appeal. Its value can fluctuate based on factors like condition, silver content, demand, and market trends. Prices can range from a few dollars to several hundred, making it an interesting item for both collectors and investors.
Understanding these factors can help you make informed decisions whether you want to buy, sell, or expand your collection. The 1967 Kennedy half-dollar is a notable piece of American currency, representing not just the legacy of President Kennedy but also the lasting interest in U.S. coins.
FAQ’S
FAQ 1: What is the composition of the 1967 Kennedy half-dollar?
The 1967 Kennedy half-dollar is made of 40% silver and 60% copper-nickel. This marked a transition from the earlier 90% silver coins.
FAQ 2: How much is a 1967 Kennedy half-dollar worth?
The value of a 1967 Kennedy half-dollar can vary widely, ranging from $2 for circulated coins to over $150 for those in uncirculated, high-grade condition.
FAQ 3: What factors affect the value of the 1967 Kennedy half-dollar?
Key factors include the coin’s condition (grading), silver content, collector demand, and current market trends. Higher-quality coins typically fetch higher prices.
