In a remarkable turn of events, a 1964 Kennedy Half Dollar coin discovered in a grandfather’s attic has fetched an astonishing $958,000 at auction.
This unexpected windfall has captivated the numismatic community and collectors alike, highlighting the potential treasures hidden in everyday items.
What Makes the 1964 Kennedy Half Dollar So Valuable?
The 1964 Kennedy Half Dollar holds significant value due to several key factors:
- Historical Significance: Minted shortly after President John F. Kennedy’s assassination, it serves as a poignant tribute.
- Composition: Made of 90% silver, making it more valuable than later versions.
- Design Details: The coin features a profile of President Kennedy on the obverse and the Presidential Seal on the reverse.
- Condition: Coins in mint state (MS) condition, especially those graded MS67 or higher, are exceptionally rare and highly sought after.
Discovery of the Coin
The coin was found in a small pouch labeled “coins” among old military memorabilia and letters while a family in Ohio was cleaning out their late grandfather’s attic. Despite being tucked away for decades, the coin remained in remarkable condition, contributing to its high auction price.
Auction Details
| Auction House | Location | Date | Final Price |
|---|---|---|---|
| Heritage Auctions | Online Event | July 2025 | $958,000 |
The auction attracted numerous bids from collectors and investors worldwide, ultimately culminating in the record-breaking sale.
Why This Coin Stands Out
While the 1964 Kennedy Half Dollar is not exceedingly rare, certain factors make specific coins exceptionally valuable:
- Special Mint Sets (SMS): Coins from these sets, struck with a satin finish, are rarer and more valuable.
- Accented Hair Variety: A design feature on some proof coins, where additional lines in Kennedy’s hair increase the coin’s value.
- High-Grade Condition: Coins graded MS67 or higher are extremely rare and command premium prices.
Tips for Identifying Valuable Kennedy Half Dollars
If you come across a 1964 Kennedy Half Dollar, consider the following:
- Check the Condition: Coins in uncirculated or mint state condition are more valuable.
- Look for Special Features: Be aware of the Accented Hair variety and coins from Special Mint Sets.
- Get a Professional Grading: Have the coin graded by a reputable service like PCGS or NGC to determine its value.
The sale of this 1964 Kennedy Half Dollar for $958,000 serves as a testament to the potential hidden treasures in everyday items. Whether you’re a seasoned collector or someone cleaning out an attic, it’s worth taking the time to examine old coins—they might just be more valuable than you think.
FAQs
What makes the 1964 Kennedy Half Dollar so valuable?
Its historical significance, silver composition, and the condition of the coin contribute to its high value.
How can I determine if my Kennedy Half Dollar is valuable?
Are all 1964 Kennedy Half Dollars valuable?
Not all; only those in exceptional condition or with rare features command high prices.