The value of 1964 Kennedy half dollars is multifaceted, depending primarily on condition and composition. Standard circulation strikes containing 40% silver are typically worth their silver content, which fluctuates with the market. However, special collector versions, such as proof coins or those with errors, can command significantly higher prices. For example, a well-preserved 1964 proof half dollar might sell for several times its silver value, while a coin with a noticeable die error could be worth hundreds or even thousands of dollars.
Understanding the factors that influence numismatic value is crucial for both collectors and individuals who may unknowingly possess these coins. The 1964 half dollar holds a unique historical position, being the first year of issue following President Kennedy’s assassination. This historical significance, coupled with the transition from 90% silver composition in previous years to 40% silver in 1964, contributes to the enduring interest in these coins. Accurately assessing their value requires considering factors beyond the silver content, including grade, mint mark, and any special designations.