The 1964 Kennedy Half Dollar is a significant coin in American numismatic history, celebrated for its striking design and historical context. Released shortly after President John F. Kennedy’s assassination in 1963, this coin not only represents a change in American currency but also serves as a lasting tribute to one of the most beloved presidents in U.S. history. In this article, we will explore the history, design, and significance of the 1964 Kennedy Half Dollar, particularly focusing on the Special Mint Set (SMS) version.
Historical Background
In November 1963, President John F. Kennedy was assassinated, which deeply affected the nation. Following his death, there was a widespread desire to honor his memory. The U.S. Mint decided to redesign the half dollar to feature Kennedy, who had been president only briefly before his assassination. The new half dollar was released in 1964, just a few months after his death, making it one of the first coins to commemorate a sitting president.
The Need for a New Design
Before the Kennedy Half Dollar, the half dollar coin featured various designs, including the Franklin Half Dollar. However, the desire to honor Kennedy and mark the transition in American leadership called for a new design. The U.S. Mint, under the direction of Chief Engraver Frank Gasparro, quickly created a new coin that would serve as both a tribute and a representation of hope for the future.
Design Features of the 1964 Kennedy Half Dollar
The design of the 1964 Kennedy Half Dollar is notable for its simplicity and elegance. Here are the key features of the coin presented in the table below:
| Feature | Description |
|---|---|
| Obverse Design | The front of the coin features a left-facing portrait of John F. Kennedy, along with the inscriptions “LIBERTY” and the year “1964.” |
| Reverse Design | The back of the coin depicts the Presidential Seal, with the words “UNITED STATES OF AMERICA” and “HALF DOLLAR” surrounding it. |
| Composition | Made of 90% silver and 10% copper, giving it a distinctive weight and feel. |
| Size | Measures 30.61 mm in diameter, which is standard for half dollars. |
| Special Mint Set (SMS) | Features a higher-quality finish compared to regular circulation coins, made specifically for collectors. |
Special Mint Set (SMS) Features
The 1964 Kennedy Half Dollar was produced in two primary formats: circulation coins and Special Mint Set (SMS) coins. The SMS coins were created for collectors and were not intended for general circulation. Here are some features that distinguish the SMS version:
- Finish: The SMS coins have a brilliant, polished finish that gives them a striking appearance. This finish is different from the more common duller look of regular circulation coins.
- Rarity: SMS coins were produced in limited quantities, making them rarer and more sought after by collectors.
- Collectibility: The SMS version is particularly valued among collectors because of its higher quality and limited mintage, contributing to its increased value in the market.
Rarity and Collectibility
The 1964 Kennedy Half Dollar, especially the SMS version, is highly sought after by collectors for several reasons:
- Limited Mintage: The SMS version of the Kennedy Half Dollar was produced in smaller quantities than regular coins, making it rarer. Collectors are always looking for unique pieces, and this coin fits that description.
- Historical Significance: The coin’s release shortly after President Kennedy’s assassination adds to its emotional and historical value. Many people view it as a piece of American history.
- Value Based on Condition: The value of the 1964 Kennedy Half Dollar can vary widely based on its condition. While some coins may be worth a few dollars, high-quality SMS coins can fetch hundreds, if not thousands, of dollars in the collector’s market.
Lasting Impact
The 1964 Kennedy Half Dollar remains a powerful symbol of change in American history. It reflects a period of mourning for a beloved leader and a desire for hope and progress. The coin’s design and significance have made it a staple in many collections and a favorite among numismatists.
The Kennedy Half Dollar continues to be produced today, but the original 1964 version holds a special place in collectors’ hearts due to its historical context and the legacy of President Kennedy. Collectors appreciate the artistry, craftsmanship, and the story behind this coin, making it an enduring piece of American heritage.
Conclusion
The 1964 Kennedy Half Dollar (SMS) is more than just a coin; it is a significant piece of American history that honors the legacy of John F. Kennedy. With its unique design, historical importance, and collectible value, it serves as a reminder of a transformative time in the United States. For both casual collectors and serious numismatists, the 1964 Kennedy Half Dollar remains an essential part of any collection, symbolizing hope, resilience, and the enduring spirit of America.
FAQ’s
What is the 1964 Kennedy Half Dollar (SMS)?
The 1964 Kennedy Half Dollar (SMS) is a commemorative coin minted shortly after President John F. Kennedy’s assassination. It features his portrait on the front and the Presidential Seal on the back. The SMS version has a higher-quality finish and was made specifically for collectors
Why is the 1964 Kennedy Half Dollar (SMS) valuable?
The 1964 Kennedy Half Dollar (SMS) is valuable due to its limited mintage and historical significance. As one of the first coins to honor a sitting president, it has become a collector’s favorite, with high-quality examples selling for hundreds or even thousands of dollars.
What materials are used in the 1964 Kennedy Half Dollar (SMS)?
The 1964 Kennedy Half Dollar (SMS) is made of 90% silver and 10% copper. This composition gives it a distinctive look and feel compared to later half dollars, which shifted to a different metal content in subsequent years.