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The 1968 Kennedy Half Dollar is a significant coin for collectors, representing a piece of American history. Following the tragic assassination of President John F. Kennedy in 1963, the half-dollar coin featuring his profile became a cherished symbol. The 1968 version is unique not only for its historical significance but also due to its composition and value. In this article, we’ll explore the value, features, and factors that make the 1968 Kennedy Half Dollar a coin worth collecting.
Key Features of the 1968 Kennedy Half Dollar
The 1968 Kennedy Half Dollar holds a special place in U.S. numismatics. Here are some key features of the coin:
- Composition: This coin is composed of 40% silver and 60% copper, differing from earlier versions that had a higher silver content. The shift to 40% silver began in 1965 due to rising silver prices.
- Design: The obverse features a left-facing portrait of President John F. Kennedy, designed by Gilroy Roberts. The reverse shows the Presidential Seal, crafted by Frank Gasparro, which includes an eagle clutching an olive branch and arrows, symbolizing peace and strength.
- Minting Locations: In 1968, Kennedy Half Dollars were minted in two locations:
- Denver Mint (D): Marked with a “D” mintmark, these coins are often considered more common.
- San Francisco Mint (S): The “S” mintmark indicates a proof coin, often made for collectors with a higher level of detail and shine.
Determining the Value of a 1968 Kennedy Half Dollar
Several factors influence the value of a 1968 Kennedy Half Dollar, including:
- Condition/Grade: The coin’s condition is a significant factor. Coins are graded on a scale from Poor (P-1) to Mint State (MS-70). Higher-grade coins, particularly those in Mint State, can fetch a premium due to their superior quality.
- Silver Content: Given its 40% silver composition, the coin’s intrinsic value is closely tied to the fluctuating silver market. Collectors often refer to the “melt value,” which is the value of the silver alone.
- Rarity: Although 1968 Kennedy Half Dollars are not considered extremely rare, coins with specific errors or unique features can drive up their worth. For example, coins with double-die errors or striking imperfections are highly sought after.
- Proof Coins: The proof coins, produced at the San Francisco Mint, are generally more valuable than their regular counterparts. These coins are produced with a higher standard, resulting in a brilliant finish that appeals to collectors.
Average Value Ranges
- Circulated Coins: The value of circulated 1968 Kennedy Half Dollars can vary from around $4 to $8, primarily due to their silver content.
- Uncirculated Coins: Coins in uncirculated condition can fetch higher prices, generally in the range of $10 to $20.
- Proof Coins: The 1968-S Proof Kennedy Half Dollars are typically valued between $10 to $30, depending on their grade and quality.
Tips for Collecting the 1968 Kennedy Half Dollar
- Check for Mintmarks: Always check for the “D” or “S” mintmark on your coin. Proof coins, especially in pristine condition, often carry a higher premium.
- Inspect for Errors: Keep an eye out for mint errors, as they can significantly increase the coin’s value. Some collectors specialize in finding coins with unusual features.
- Handle with Care: Always handle coins carefully, ideally with gloves, to avoid damaging their surface. Store them in protective cases or albums to maintain their condition.
