Determining the current price of silver coins is a straightforward process once you know the silver content of the coin and the current market price, often referred to as the silver spot price.
Description | Face Value | ASW | Silver Value | Per $1 Face Value | Per Bankroll | |
---|---|---|---|---|---|---|
90% Kennedy Half Dollar | 1964 Kennedy Half Dollar | $0.50 | 0.3575 | $13.20 | $26.39 | $263.91 |
The 1964 Kennedy Half Dollar holds a unique place in U.S. numismatic history, primarily due to its association with the assassination of President John F. Kennedy and its 90% silver composition. These coins are widely collected and their value can vary based on their condition and whether they have any unique varieties or errors.
The obverse of the 1964 Kennedy Half Dollar was designed by Gilroy Roberts, featuring a left-profile portrait of President Kennedy. The reverse, designed by Frank Gasparro, showcases an adaptation of the Presidential Seal, with an eagle holding an olive branch and a bundle of arrows, symbolizing peace and strength. This design honored Kennedy, reflecting the nation's grief and memorializing his legacy.
Shortly after Kennedy's assassination on November 22, 1963 , Congress authorized the production of this coin, and it was quickly put into production. The first coins were struck in January 1964 at the Philadelphia and Denver Mints, with public release following on March 24, 1964 . The public demand for the coin was unprecedented, as people wanted a memento of the late president. Despite a massive mintage, many coins were hoarded by collectors and citizens alike, making them less common in day-to-day circulation.
The coin's composition is 90% silver and 10% copper, with a total weight of 12.5 grams and an approximate silver content of 11.25 grams. After 1964, the U.S. Mint reduced the silver content of Kennedy Half Dollars to 40% between 1965 and 1970 before eventually moving to a fully clad composition.
The total mintage for the 1964 Kennedy Half Dollar was substantial, with more than 433 million coins issued by the U.S. Mint.
Despite this large quantity, public hoarding meant that fewer coins circulated regularly.
Condition | Description | Value | ||||
---|---|---|---|---|---|---|
Circulated Condition (Good to Very Fine) | Due to their silver content, even heavily circulated examples are worth more than face value. | On average, they trade for $9 to $12 based on the current silver spot price. | ||||
Uncirculated (Mint State 60) | In MS60 condition, a 1964 Kennedy Half Dollar may show some contact marks from the coin-making process and is considered the lowest grade in the uncirculated category. | $15 to $20, depending on the quality of the strike and eye appeal. | ||||
Uncirculated (Mint State 65) | MS65 coins will show only a few light, scattered contact marks and will look nearly flawless to the naked eye, with only minor imperfections visible under magnification. | These are higher-grade coins that can fetch $30 to $60, especially if they are certified by a grading service like PCGS or NGC. | ||||
Proof Coins | The background field of the 1964 Proof Kennedy Half Dollar is highly reflective and smooth, giving the coin a polished, elegant appearance. | Proof examples from 1964, which were struck for collectors, can range from $25 to $50 for typical examples. The cameo and deep cameo variations can command premiums in the $50 to $100 range or higher in top grades like Proof 69 (PR69) or Proof 70 (PR70) |
Description | Face Value | ASW | Silver Value | Per $1 Face Value | Per Bankroll | |
---|---|---|---|---|---|---|
Nickel | 1942-1945 "War Nickel" | $0.05 | 0.0563 | $2.08 | $41.56 | $83.12 |
Roosevelt Dime | 1946-1964 Roosevelt Dime | $0.10 | 0.0715 | $2.64 | $26.39 | $131.95 |
Mercury Dime | 1916-1945 Mercury Dime | $0.10 | 0.0715 | $2.64 | $26.39 | $131.95 |
Barber Dime | 1892-1916 Barber Dime | $0.10 | 0.0715 | $2.64 | $26.39 | $131.95 |
Washington Quarter | 1932-1964 Washington Quarter | $0.25 | 0.17875 | $6.60 | $26.39 | $263.91 |
Standing Liberty Quarter | 1916-1930 Standing Liberty Quarter | $0.25 | 0.17875 | $6.60 | $26.39 | $263.91 |
Barber Quarter | 1892-1916 Barber Quarter | $0.25 | 0.17875 | $6.60 | $26.39 | $263.91 |
40% Kennedy Half Dollar | 1965-1970 Kennedy Half Dollar | $0.50 | 0.147893 | $5.46 | $10.92 | $109.17 |
90% Kennedy Half Dollar | 1964 Kennedy Half Dollar | $0.50 | 0.3575 | $13.20 | $26.39 | $263.91 |
Franklin Half Dollar | 1948-1963 Franklin Half Dollar | $0.50 | 0.3575 | $13.20 | $26.39 | $263.91 |
Walking Liberty Half Dollar | 1916-1947 Walking Liberty Half Dollar | $0.50 | 0.3575 | $13.20 | $26.39 | $263.91 |
Barber Half Dollar | 1892-1915 Barber Half Dollar | $0.50 | 0.3575 | $13.20 | $26.39 | $263.91 |
40% Eisenhower Dollar | 1971-1976 Eisenhower Silver Dollar | $1.00 | 0.3161 | $11.67 | $11.67 | $116.67 |
Peace Dollar | 1921-1935 Peace Dollar | $1.00 | 0.77345051 | $28.55 | $28.55 | $285.48 |
Morgan Dollar | 1878-1904 & 1921 Morgan Dollar | $1.00 | 0.77345051 | $28.55 | $28.55 | $285.48 |
Coin melt value refers to the intrinsic value of the precious metal contained within a coin. It's the intrinsic value of the metals if a coin were sent to a refinery and melted down to recover the metal. The melt value is primarily determined by the metal's weight and purity and is calculated based on current market trading prices for the metal.
Most circulated junk silver coins are composed of an alloy containing 90% pure silver. Others may have a specific weight and purity denoted on them. This high silver content gives them a significant intrinsic value based on the current spot price of silver. Silver's weight is measured in troy ounces, which differ from the more common avoirdupois ounce used to measure most other goods in the U.S. An avoirdupois ounce contains roughly 28.35 grams, but a troy ounce contains roughly 31.1035 grams.
Determining the current price of silver coins is quick and easy. Simply enter the quantity of each coin denomination below and click the calculate button. The values are instantly calculated based on today's silver spot price.
Beyond the silver content, pre-1965 silver coins may also have numismatic value for collectors. The melt value doesn't consider the numismatic or collector value that a coin might have. Specific key dates, mint marks, or conditions can make some coins worth significantly more than their melt value. Collectible coins may be worth more than their melt value due to rarity, historical significance, condition, and demand from collectors.
If you have questions about whether a coin has numismatic value, you can visit a local coin store in your area for a professional appraisal.
Historically, investors have utilized silver as a store of value and a hedge against inflation. As a tangible asset, silver can help preserve wealth over time. Many pre-1965 coins are valued for their 90% silver content.
By understanding the melt value, buyers can ensure they pay only a little over the intrinsic value. Melt value calculations require accurate information about the piece's purity and weight. Understanding these can help you verify that the silver coin you're buying is not counterfeit.
If your primary goal is to invest in precious metals, knowing the melt value allows you to assess the potential for profit or loss. You can track silver's market price and make informed decisions about buying or selling based on price.
When considering different forms of silver (e.g., coins vs. bars), knowing the melt value helps you compare them equally. For instance, you can compare the premium (the amount over melt value) you're paying for a coin to determine if it's a better or worse investment than a bar.
Silver investors often track their holdings' value to gauge their investment portfolio's overall performance. Knowing the is also important when selling.
Collector or numismatic coins derive much of their value from factors other than their melt value, such as rarity and historical significance.