The 1964 Kennedy Half Dollar is a numismatic treasure cherished by both collectors and investors. As the first and only circulation-year Kennedy half dollar struck in 90% silver, it holds historical significance and substantial intrinsic value. Understanding its worth requires an in-depth look at silver content, condition, mint marks, special editions, and current market trends.
Silver Content and Melt Value
The 1964 Kennedy Half Dollar contains 90% silver and 10% copper, with a total silver weight of 0.36169 troy ounces. Its melt value fluctuates based on the current silver spot price. The formula to determine its melt value is:
Since silver prices are dynamic, it is crucial to check market rates regularly to assess the base value of this coin.
Condition and Grading: How It Impacts Value
Beyond melt value, numismatic worth depends heavily on the coin’s condition. Coins are graded on a scale from Poor (P-1) to Mint State (MS-70), with higher grades fetching premium prices.
| Grade | Description | Value Range |
| Good to Very Good (G-VG) | Moderate wear, design visible | $9 – $12 |
| Fine to Very Fine (F-VF) | Full details, moderate wear | $12 – $15 |
| Extremely Fine (EF-XF) | Light wear on high points | $15 – $20 |
| About Uncirculated (AU) | Slight wear on raised areas | $20 – $30 |
| Uncirculated (MS-60 to MS-65) | No wear, sharp details | $30 – $100+ |
| MS-66 and Higher | Premium collector grade | $150+ |
Key Tip: Coins in MS-65 or higher grades command significant premiums, especially those with deep luster and strong strikes.
Mint Marks and Their Influence on Value
The 1964 Kennedy Half Dollar was struck at two U.S. Mint facilities:
- Philadelphia Mint (No Mint Mark)
- Denver Mint (“D” Mint Mark on Reverse)
While both mintages are relatively common, uncirculated Denver-minted coins tend to command slightly higher prices due to collector demand.
Special Issues: Proof Coins and Accented Hair Varieties
1964 Proof Kennedy Half Dollars
Philadelphia also produced proof versions designed for collectors. These coins have a mirror-like finish and sharp details, making them more valuable than circulation strikes.
| Proof Grade | Value Range |
| PR-60 to PR-64 | $20 – $50 |
| PR-65 and Higher | $100+ |
| Deep Cameo/Ultra Cameo | $500+ |
1964 “Accented Hair” Variety
A rare Accented Hair variety exists in proof strikes, identifiable by thicker, more detailed hair strands on Kennedy’s portrait. This variety is scarce and can command $100 to over $1,000 based on condition.
Market Trends and Investment Potential
The value of the 1964 Kennedy Half Dollar is influenced by:
- Silver Prices – Higher silver prices increase the melt value.
- Collector Demand – Strong demand for high-grade and proof versions.
- Economic Conditions – Investors turn to silver coins as a hedge during inflationary periods.
In recent years, prices for MS-65 and higher examples have steadily increased, making these coins a solid investment for numismatists.
Selling and Buying Tips
- Professional Grading: If you believe your coin is in exceptional condition, consider submitting it to PCGS or NGC for grading.
- Market Research: Compare prices on eBay, Heritage Auctions, and numismatic marketplaces.
- Authenticity Matters: Beware of counterfeits and altered coins—work with reputable dealers.
Final Thoughts
The 1964 Kennedy Half Dollar is more than just a silver coin—it’s a piece of American history and a valuable asset for collectors and investors alike. Whether you’re looking to buy, sell, or simply appreciate its legacy, understanding its grading, mint marks, and market trends ensures you maximize its worth.
For those serious about coin collecting, investing in a high-grade uncirculated or proof 1964 Kennedy Half Dollar could be a wise long-term decision.