In an extraordinary turn of events, a rare 1964 Special Mint Set (SMS) Kennedy Half Dollar was discovered inside an old purse, astonishing coin collectors and enthusiasts alike.
This unique coin, distinguished by its satin finish and sharp details, is now valued at approximately $14,000, depending on its condition and grade.
What Is the 1964 SMS Kennedy Half Dollar?
The 1964 SMS Kennedy Half Dollar is a numismatic rarity. Unlike regular circulation coins, the SMS version was part of a limited Special Mint Set produced by the U.S. Mint.
These coins exhibit a distinctive satin-like finish, sharp strikes, and lack mint marks, setting them apart from standard issues.
Key Features of the 1964 SMS Kennedy Half Dollar:
- Finish: Satin-like, smoother than regular strikes.
- Strike Quality: Sharp details with squared-off rims.
- Die Characteristics: Polished dies resulting in minimal imperfections.
- Mint Mark: None; these coins were produced without mint marks.
Value and Rarity
The 1964 SMS Kennedy Half Dollar is among the rarest in the Kennedy series. Only a limited number were produced, and even fewer have been certified by professional grading services.
The value of these coins can vary significantly based on their condition and grade.
Estimated Values Based on Grade:
| Grade | Estimated Value |
|---|---|
| SP65 | $13,000 |
| SP66 | $14,000 |
| SP67 | $15,000 |
| SP68 | $16,000+ |
Note: SP denotes “Specimen” grade, a designation for coins with characteristics between regular strikes and proofs.
How to Identify a 1964 SMS Kennedy Half Dollar
Identifying a genuine 1964 SMS Kennedy Half Dollar requires careful examination:
- Surface Finish: Look for a smooth, satin-like finish, distinct from the mirror-like surface of proofs or the luster of regular strikes.
- Strike Quality: Check for sharp details, especially in Kennedy’s hair and the eagle’s feathers on the reverse.
- Rim and Edge: The rims should be squared off, not rounded.
- Die Marks: Minimal to no contact marks due to polished dies.
- Mint Mark: Absence of a mint mark; these coins were minted in Philadelphia without any mint designation.
Why Is This Coin So Valuable?
Several factors contribute to the high value of the 1964 SMS Kennedy Half Dollar:
- Rarity: Very few were produced, and even fewer have survived in high grades.
- Historical Significance: As a special issue in the year following President Kennedy’s assassination, it holds historical importance.
- Collector Demand: High demand among collectors for rare and unique coins drives up the value.
Recent Discoveries and Auctions
The recent discovery of a 1964 SMS Kennedy Half Dollar in an old purse has reignited interest in this rare coin. Similar coins have fetched impressive sums at auctions, with top-graded specimens reaching values upwards of $16,000.
The discovery of a 1964 SMS Kennedy Half Dollar in an old purse serves as a thrilling reminder of the hidden treasures that may lie unnoticed in our possessions.
With its unique characteristics and significant value, this coin is a prized find for any collector. If you come across a 1964 Kennedy Half Dollar, take a closer look—it might just be one of these rare gems.
FAQs
How can I confirm if I have a 1964 SMS Kennedy Half Dollar?
Examine the coin for the satin finish, sharp details, squared rims, and absence of a mint mark. For confirmation, consider having it evaluated by a professional grading service.
Where can I get my coin graded?
Reputable grading services include the Professional Coin Grading Service (PCGS) and the Numismatic Guaranty Corporation (NGC).
Are there other valuable Kennedy Half Dollars?
Yes, certain varieties like the 1964 “Accented Hair” proof and error coins can also be valuable, depending on their condition and rarity.