Understanding The 1968 Kennedy Half Dollar Value: A Collector's Guide

The 1968 Kennedy Half Dollar stands as a significant piece of American numismatic history, captivating coin collectors and history enthusiasts alike. This half dollar, introduced in 1964 to commemorate the life and legacy of President John F. Kennedy, holds immense cultural and monetary value. While its historical significance is unquestionable, understanding its value as a collector's item requires a deep dive into its background, design, and minting details. Whether you're a seasoned numismatist or a curious beginner, this guide will help you appreciate the nuances of this iconic coin.

In this article, we’ll explore everything about the 1968 Kennedy Half Dollar, from its historical importance to the factors influencing its worth in today’s market. We’ll delve into its unique composition, minting locations, and variations that make it a prized possession for collectors. Furthermore, you'll learn how to assess the coin's condition, value its rarity, and identify key features that set it apart from other coins in your collection.

Whether you’re looking to add this coin to your collection or determine its market value, this comprehensive guide will arm you with the knowledge you need. By the end of this article, you’ll have a clearer understanding of the 1968 Kennedy Half Dollar value—a collector's guide to unlocking its true potential. Let’s get started!

Table of Contents

• Biography of John F. Kennedy
• What Makes the 1968 Kennedy Half Dollar Unique?
• History of the Kennedy Half Dollar
• Why is the 1968 Kennedy Half Dollar Special?
• How to Identify a 1968 Kennedy Half Dollar?
• Composition of the 1968 Kennedy Half Dollar
• What Are the Mint Marks on the 1968 Kennedy Half Dollar?
• Grading the 1968 Kennedy Half Dollar
• What Factors Impact the Value of the 1968 Kennedy Half Dollar?
• Rarity and Mintage of the 1968 Kennedy Half Dollar
• How to Determine the Value of Your 1968 Kennedy Half Dollar?
• Common Errors on the 1968 Kennedy Half Dollar
• Investing in the 1968 Kennedy Half Dollar
• Where to Buy and Sell the 1968 Kennedy Half Dollar?
• Conclusion: The Enduring Value of the 1968 Kennedy Half Dollar

Biography of John F. Kennedy

To truly appreciate the Kennedy Half Dollar, it’s essential to understand the life of the man it commemorates—John F. Kennedy. Born on May 29, 1917, in Brookline, Massachusetts, Kennedy was the 35th President of the United States. His presidency, though tragically short-lived, was marked by transformative policies, including the establishment of the Peace Corps and advancements in the space race. Known for his charisma and eloquence, JFK inspired a generation with his vision of a "New Frontier."

What Makes the 1968 Kennedy Half Dollar Unique?

The 1968 Kennedy Half Dollar is unique for several reasons. First, it was one of the few coins produced during a period when the United States was transitioning away from silver coinage. Unlike earlier Kennedy Half Dollars, which contained 90% silver, the 1968 version was minted with a 40% silver composition. This shift makes the 1968 coin a fascinating piece of history, representing the economic and material changes of the era. Additionally, it was the first year the Denver Mint exclusively produced this coin, adding to its uniqueness.

History of the Kennedy Half Dollar

The Kennedy Half Dollar was introduced in 1964, shortly after President Kennedy’s assassination in 1963. Designed by Gilroy Roberts and Frank Gasparro, the coin was intended as a tribute to the late president. Its release was met with overwhelming public demand, and many people hoarded the coins as mementos of JFK’s legacy. Over the years, the Kennedy Half Dollar has undergone various changes in composition, minting locations, and design elements, but it remains a cherished piece of American coinage.

Why is the 1968 Kennedy Half Dollar Special?

The 1968 Kennedy Half Dollar is special not only for its historical significance but also for its unique attributes. It was the first year the coin featured a "D" mintmark, indicating it was produced at the Denver Mint. Additionally, its 40% silver composition makes it one of the few silver coins still in circulation during a time when most U.S. coins had transitioned to base metals. Collectors value this coin for its blend of historical importance and material rarity.

How to Identify a 1968 Kennedy Half Dollar?

Identifying a 1968 Kennedy Half Dollar is relatively straightforward. The obverse side features a profile of President John F. Kennedy, designed by Gilroy Roberts. The reverse side, created by Frank Gasparro, displays the Presidential Seal with a heraldic eagle clutching an olive branch and arrows. Key features to look for include the "1968" date and the "D" mintmark, located just above the denomination on the reverse side. The coin’s weight and dimensions are also distinctive, with a diameter of 30.6 mm and a weight of 11.5 grams.

Composition of the 1968 Kennedy Half Dollar

The 1968 Kennedy Half Dollar is composed of 40% silver and 60% copper, giving it an intrinsic value based on its silver content. This composition differs from the 1964 Kennedy Half Dollar, which contained 90% silver. The shift to a lower silver content was part of a broader move by the U.S. Mint to reduce the use of precious metals in coinage. Despite this change, the coin’s silver content still adds to its appeal among collectors and investors.

What Are the Mint Marks on the 1968 Kennedy Half Dollar?

The 1968 Kennedy Half Dollar features a "D" mintmark, indicating it was minted at the Denver Mint. This was the first year the Denver Mint exclusively produced the Kennedy Half Dollar, as the Philadelphia Mint did not produce any half dollars that year. The mintmark is located on the reverse side, just above the denomination. Collectors often seek out coins with clear and well-defined mintmarks, as these can impact the coin's value.

Grading the 1968 Kennedy Half Dollar

Grading is a critical aspect of determining the value of a 1968 Kennedy Half Dollar. Professional coin grading services like PCGS and NGC use a 70-point scale to assess a coin’s condition, with higher grades indicating better preservation. Key factors include the coin’s luster, strike quality, and the presence of any wear or damage. A 1968 Kennedy Half Dollar in Mint State (MS) condition can command a significantly higher price than one in circulated condition.

What Factors Impact the Value of the 1968 Kennedy Half Dollar?

Several factors influence the value of a 1968 Kennedy Half Dollar, including:

• Condition: Coins in Mint State condition are more valuable than those that show signs of wear.
• Mintmark: The "D" mintmark adds uniqueness to the 1968 coin.
• Silver Content: The 40% silver composition contributes to its intrinsic value.
• Rarity: Low mintage numbers or unique errors can increase a coin’s value.

Understanding these factors is crucial for collectors and investors looking to assess the true worth of their 1968 Kennedy Half Dollar.

Rarity and Mintage of the 1968 Kennedy Half Dollar

The 1968 Kennedy Half Dollar had a mintage of approximately 246 million coins, all produced at the Denver Mint. While this number may seem high, the coin’s silver content and historical significance make it a sought-after item among collectors. Additionally, certain error coins from this year, such as off-center strikes or double dies, are considered rare and highly valuable.

How to Determine the Value of Your 1968 Kennedy Half Dollar?

Determining the value of your 1968 Kennedy Half Dollar involves several steps:

1. Assess the coin’s condition using a grading scale.
2. Check for mintmarks and other identifying features.
3. Research current market prices for similar coins.
4. Consult with a professional appraiser or numismatist.

By following these steps, you can get an accurate estimate of your coin’s market value.

Common Errors on the 1968 Kennedy Half Dollar

Some 1968 Kennedy Half Dollars feature minting errors that can significantly increase their value. Common errors include:

• Double Die Obverse (DDO): A doubling of the design on the obverse side.
• Off-Center Strikes: Coins that were not properly aligned during minting.
• Planchet Errors: Issues with the metal blank used to produce the coin.

Collectors should carefully examine their coins for these errors, as they can make a significant difference in value.

Investing in the 1968 Kennedy Half Dollar

Investing in the 1968 Kennedy Half Dollar can be a rewarding endeavor, both financially and historically. The coin’s silver content provides intrinsic value, while its historical significance ensures lasting appeal. Additionally, the market for Kennedy Half Dollars remains strong, making them a stable investment option for collectors and investors alike. To maximize your return, focus on acquiring coins in high-grade condition and those with unique features or errors.

Where to Buy and Sell the 1968 Kennedy Half Dollar?

There are several avenues for buying and selling 1968 Kennedy Half Dollars, including:

• Online Marketplaces: Websites like eBay and Heritage Auctions offer a wide selection of coins.
• Coin Shows: These events are great for finding rare coins and networking with other collectors.
• Local Coin Shops: Many brick-and-mortar stores specialize in collectible coins.
• Professional Dealers: Certified dealers can provide expert advice and fair prices.

Always ensure you’re dealing with reputable sellers and buyers to avoid scams and ensure a fair transaction.

Conclusion: The Enduring Value of the 1968 Kennedy Half Dollar

The 1968 Kennedy Half Dollar is more than just a coin; it’s a piece of American history that continues to captivate collectors and investors. From its unique composition and minting details to its historical significance, this coin offers a wealth of opportunities for those who appreciate numismatics. By understanding the 1968 Kennedy Half Dollar value—a collector’s guide to its true worth—you can make informed decisions about adding this iconic piece to your collection. Happy collecting!