Ever sift through your pocket change and think one of those coins might be special? The 1964 Kennedy Half Dollar, especially the rare Special Mint Set (SMS) version, could be hiding in plain sight—and it’s sold for up to $156,000 at auction.
Minted to honor President John F. Kennedy after his 1963 assassination, this coin blends history with high value. Let’s explore what makes the 1964 SMS Kennedy Half Dollar so rare, how to identify it, and steps to take if you find one.
What Is the Rare 1964 Kennedy Half Dollar?
The Kennedy Half Dollar debuted in 1964, replacing the Franklin Half Dollar to commemorate JFK. It features Kennedy’s profile on the obverse and the presidential seal with an eagle on the reverse. Made of 90% silver, over 429 million were minted that year—273 million in Philadelphia (no mint mark) and 156 million in Denver (with a “D”).
The ultra-rare version is the 1964 SMS Kennedy Half Dollar. These weren’t intended for circulation but were experimental strikes with a satin finish and sharp details. Experts estimate only 20 to 50 exist, making them a collector’s holy grail.
Why Is the 1964 SMS Kennedy Half Dollar So Valuable?
Rarity drives its value—fewer than 50 known examples exist, and they weren’t officially released due to a 1964 coin shortage. Tied to JFK’s legacy, these coins evoke a pivotal moment in U.S. history. In pristine condition (SP68 grade), one sold for $156,000 in 2019, setting a record. Some have doubled die errors, like blurry text, boosting prices further. High demand from collectors keeps values rising.
How to Identify a Rare 1964 SMS Kennedy Half Dollar
Spotting one starts with the basics: It’s a half-dollar (larger than a quarter) dated 1964. But SMS versions stand out. Here’s what to look for:
- Satin Finish: A smooth, satiny sheen with heavy die polish lines, unlike the frosty luster of proofs or dull regular strikes.
- Sharp Details: Crisp edges on Kennedy’s hair, the eagle’s feathers, and lettering—check with a magnifying glass.
- Material and Weight: 90% silver, weighing 12.5 grams. It rings distinctly when dropped.
- No Mint Mark: Struck in Philadelphia, so no “D” or “S”.
- Errors: Look for doubling in “LIBERTY,” the date, or “IN GOD WE TRUST.”
Compare to images on PCGS or NGC sites for confirmation.
Key Features of the 1964 SMS Kennedy Half Dollar
Here’s a quick reference table for identification:
| Feature | Description | Why It Matters |
|---|---|---|
| Date | 1964 | Must match; later years aren’t rare |
| Mint Mark | None (Philadelphia) | Denotes origin; no “D” or “S” |
| Finish | Satin with die polish lines | Distinguishes from regular/proof |
| Material | 90% silver, 12.5 grams | Heavier than post-1964 clad coins |
| Errors | Possible doubled die on text or images | Increases value significantly |
Where Might You Find a 1964 SMS Kennedy Half Dollar?
These coins could be anywhere since some entered circulation accidentally. Check pocket change, coin jars, or vending machine returns. Estate sales, flea markets, and family heirlooms are prime spots—many were hoarded in the 1960s. Bank rolls or old collections might hold one too. Travel tip: Sort through change from trips, as coins circulate widely.
What to Do If You Think You Have a Rare 1964 SMS Kennedy Half Dollar
Suspect you’ve found one? Handle it carefully—use gloves to avoid fingerprints and store in a protective sleeve. Don’t clean it; that lowers value.
Get it authenticated by professionals like PCGS or NGC for grading and verification. This confirms if it’s an SMS and assigns a grade (e.g., SP68), which can boost its worth.
If genuine, consider selling via auction houses like Heritage Auctions or Stack’s Bowers for top dollar. Or hold it as an investment—values have risen steadily.
Real-Life Examples of Valuable Sales
- SP68 1964 SMS Kennedy Half Dollar: Sold for $156,000 in 2019, a record due to its rarity and condition.
- Another SP67 Example: Fetched $108,000 in 2019, showing consistent high demand.
- With Doubled Die Error: Some have sold for $50,000+, adding to the thrill.
Why Search for Rare Kennedy Half Dollars?
Hunting for a 1964 SMS Kennedy Half Dollar is a fun way to connect with history while chasing potential riches. These coins symbolize a turning point in America, and finding one in your change could be life-changing. So, grab a magnifying glass and inspect your half dollars—you might just uncover a $156,000 treasure!
FAQs About the 1964 SMS Kennedy Half Dollar
Q: What makes the 1964 SMS Kennedy Half Dollar valuable?
A: Its extreme rarity (only 20–50 exist), satin finish, 90% silver composition, and ties to JFK’s legacy drive values up to $156,000.
Q: How can I identify a 1964 SMS Kennedy Half Dollar?
A: Look for a 1964 date, no mint mark, satin finish with die polish lines, 12.5-gram weight, and possible doubled die errors under magnification.
Q: Where can I find a rare 1964 Kennedy Half Dollar?
A: Check pocket change, coin jars, bank rolls, estate sales, flea markets, or family collections—some entered circulation accidentally.
Q: What should I do if I find a potential 1964 SMS coin?
A: Handle with gloves, store in a sleeve, and get it graded by PCGS or NGC to confirm authenticity and value.
Q: How much has a 1964 SMS Kennedy Half Dollar sold for?
A: The record is $156,000 for an SP68-graded example in 2019, with others fetching $108,000 or more.
Q: Are all 1964 Kennedy Half Dollars valuable?
A: No, regular strikes are worth about $10–$15 for silver content, but SMS versions can reach $156,000 due to rarity.