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Curiosities of the 50 cent dollar coin that collectors are passionate about

Curiosities of the 50 cent dollar coin that collectors are passionate about

The 50 Cent Coin, kennedy half dollar from 1964 It is highly prized by collectors. of United States coins. On November 22, 1963, President John F. Kennedy was assassinated in Dallas, to the consternation of the American people and the world in general. He immediately began to think of a way to honor his memory, and it was proposed to mint a coin with his bust.

The chosen model was the 0.50 dollar, but there was an impediment: according to the Coinage Law approved a few months earlier, each type of coin had to be in circulation for a minimum of 25 years to be replaced. However, at that time the Franklin Half Dollar had only been in use for 15 years, since 1948.

However, Congress passed a new law to be able to replace it, and thus, on December 30, 1963, just one month after the assassination, the Kennedy coin came into circulation.

This coin has served to honor presidents of the United States. The 50 cent coin, known as kennedy half dollar 1964 is a common American coin, there are about 400 million units, although not all of them were made to circulate. There are two types: one of them, the Philadelphia one, and the other are pieces proof intended for the collector’s market.

Its price can vary between the following values:

  • In Good Condition: $6.50
  • In Very Good Condition: $6.75
  • In Fair condition: $7
  • In Very Adequate Condition: $7.25
  • In Proper Extra Condition: $7.50
  • In Condition Hardly Used: $8.85

How to differentiate a proof version from a circulating one

To differentiate a issue proof of a circulating issue the surface of the coin should be checked. Regular issue currency looks like most currencies that are used on a day-to-day basis. Instead, the issue proof have the shiny background as if it were a mirror and its reliefs in a matte toneproviding a nice contrast.

A highly sought after coin by collectors

JFK was a president much loved by the people. In fact, there was so much demand that on the first day of its launch, on March 24, 1964, the first 70,000 coins destined for circulation were sold out. even with the Withdrawal limitation per person imposed, with a maximum of 40 pieces. (YO)

Source: Eluniverso

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