While most people think of the half dollar as a common coin still found in circulation, some key dates and mint errors are surprisingly valuable to collectors. With knowledge and a sharp eye, an ordinary 50 cent piece could be worth a considerable sum. But overall, most Kennedy halves and earlier half dollar types are fairly common and only worth face value if worn. Let‘s dive into the details!
Brief History and Overview
First minted in 1794, the half dollar has a rich history as an iconic American coin. Early offerings like the Flowing Hair, Draped Bust, and Seated Liberty types are scarce and coveted by collectors today. But massive mintages throughout the 20th century mean most people can still find a half dollar in their pocket change.
The Kennedy half dollar was introduced in 1964 to memorialize the late president after his assassination. With few exceptions, Kennedy halves have been produced in large numbers up through today. However, the key is looking for rare dates, mint errors, or high grade examples.
Condition is Critical
For most U.S. coins, condition drives the value – and half dollars are no exception. A lightly circulated 1964 Kennedy half trades for just $6-8 based on its silver melt value. But an uncirculated example graded MS65 can sell for $50-60. Jump up to a pristine MS67 grade, and it suddenly commands $150-200!
The concept applies to rare dates as well. Take the 1892 Micro S Barber half. In well-worn grades, it retails for around $2,500. But in mint state the value skyrockets. An MS63 example sold in 2019 for $19,975! Clearly condition is critical when assessing the value and rarity of half dollar coins.
Watch for These Valuable Varieties
Key Date Rarities
With original mintages under 20,000 pieces, the 1873 CC Seated Liberty and 1796 Flowing Hair half dollars are the rarest 50 cent pieces. But there are other challenging dates to look out for like the 1916 Walking Liberty (264,000 minted) and 1892 Micro S Barber.
Proof and Special Mint Sets
Proof Kennedy halves made for collectors can also be valuable if graded PR69 or higher. Some issues had mintages under 1 million like the 1992-S silver proof. From 1965-1967, special SMS sets included higher quality business strike half dollars.
Major Mint Errors
Flawed Kennedy halves like off-center strikes and broadstruck errors bring big premiums. The most famous is the 2004-D Wisconsin Extra Leaf, one of only a few known examples. It sold for $14,100 in 2011! Even common errors like doubled dies and RPMs add appeal.
1964 and Earlier – The Silver Kings
From 1794 up until 1964, half dollars were struck in 90% silver. This makes even common, worn examples worth $6-10 each just for their precious metal content. Earlier dates with unique design types like Walking Liberty and Barber coins are worth even more and pursued by silver stackers.
Here‘s a comparison of silver melt values:
| Year | Silver Value |
| 1964 | $6.38 |
| 1916 | $8.16 |
| 1892 | $10.32 |
| 1873 | $14.46 |
How to Spot Counterfeits
With many rare half dollar dates worth thousands, counterfeiters try to pass off fake coins made from base metals. Always inspect expensive purchases carefully for signs of alteration. Authentic pieces will show proper wear patterns and toning. The best protection is buying certified coins from reputable dealers.
Grading Scale and Values
The Sheldon coin grading scale ranks coins from 1 (poor) to 70 (pristine). Here‘s an overview of grades and sample values for a common 1964 Kennedy half:
| Grade | Description | Value |
| MS67 | Gem uncirculated | $150 |
| MS63 | Choice uncirculated | $50 |
| AU58 | About Uncirculated | $12 |
| EF45 | Extremely Fine | $8 |
| VG8 | Very Good | $6 |
As illustrated, condition drives the value on most dates. A difference of just a few gradient points on the scale can mean a big difference in price!
Where to Buy and Sell Valuable Half Dollars
For buying key dates and mint errors, I recommend dealing only with reputable coin dealers who provide authenticity guarantees. Major auction houses like Heritage, Stack‘s Bowers, and GreatCollections offer certified coins vetted by experts.
If selling rare halves, consigning to auction is ideal to reach the maximum number of interested buyers. For common 90% silver dates, you can sell conveniently to dealers based on daily silver bullion values. Just be sure to compare buy/sell spreads across multiple offers.
Final Tips for Collecting Half Dollars
As you can see, the world of half dollar coins offers tremendous diversity for collectors – from 1794 rarities to modern John F. Kennedy memorials. Here are my final tips for building a great 50 cent collection:
- Focus on quality over quantity when buying rare dates
- Inspect coins closely or buy certified problem-free examples
- Handle coins properly and store in protective holders
- Study references like the NGC price guide to value finds
- Be patient and selective when looking for upgrades
I hope you‘ve enjoyed learning more about these fascinating 50 cent coins. Please reach out with any other numismatic questions!
