Rare 1964 Kennedy Half Dollar Found in Closet Box Sells for $22,500

Rare 1964 Kennedy Half Dollar Found in Closet Box Sells for $22,500

During a routine home cleanout in Michigan, a collector stumbled upon a small wooden box filled with vintage coins. Among them sat a brilliantly preserved 1964 Kennedy Half Dollar, the very first year this historic coin was issued. To the collector’s surprise, it wasn’t just any half dollar—it was a rare Accented Hair Proof variety, which ultimately sold for $22,500 at auction.

Why the 1964 Kennedy Half Dollar Is So Special

The Kennedy Half Dollar was introduced in 1964 following the assassination of President John F. Kennedy. It became an immediate symbol of national remembrance and unity. That year, the U.S. Mint produced the coin in both circulation and proof versions, using 90% silver, making it the last regularly issued U.S. coin with that high of a silver content.

One particular variety, the Accented Hair Proof, was only minted for a short period and is highly sought after by collectors.

What Is the Accented Hair Variety?

The Accented Hair version of the 1964 Proof Kennedy Half Dollar is distinguishable by the extra details in Kennedy’s hair above his ear and the missing serif on the “I” of LIBERTY. These coins are believed to be among the first strikes, and fewer than 100,000 are estimated to exist today.

Other features include:

  • Sharper hair details and more pronounced engraving
  • No serif on the “I” in “LIBERTY”
  • Proof finish with mirror-like background and frosted portrait

Market Value Breakdown

Depending on condition and variety, 1964 Kennedy Half Dollars can sell from modest values to tens of thousands of dollars. Here’s a breakdown:

Coin TypeGradeEstimated Value
Regular StrikeMS63$25 – $50
Accented Hair ProofPR65$1,200 – $2,000
Accented Hair PR68$15,000 – $22,500
Deep Cameo Accented HairPR69DCAM$30,000+

Why Silver Content Still Matters

Collectors continue to pursue 1964 Kennedy Half Dollars not only for their historical importance but also for their 90% silver composition. This makes them valuable even as bullion, though rare varieties like the Accented Hair Proof hold exceptional collectible value beyond their melt price.

Tips for Identifying Yours

If you believe you have a 1964 Kennedy Half Dollar, follow these steps:

  • Check for mirror-like surfaces (indicating a proof coin)
  • Look for extra detailing in the hair above Kennedy’s ear
  • Inspect the “I” in LIBERTY for a missing left serif
  • Consider getting the coin graded and slabbed for proper evaluation

Conclusion

The 1964 Kennedy Half Dollar continues to captivate collectors for its patriotic symbolism, historic significance, and silver content. Rare varieties like the Accented Hair Proof have become cornerstone pieces in advanced collections, showing that even common coins can carry exceptional value when rarity and condition align. If you have one tucked away, it might be time to take a closer look.

FAQs

What is the most valuable 1964 Kennedy Half Dollar?

The Accented Hair Proof variety in PR69 Deep Cameo can exceed $30,000 at auction depending on condition and certification.

Are all 1964 Kennedy Half Dollars made of silver?

Yes, all 1964 Kennedy Half Dollars were minted using 90% silver and 10% copper, making them highly desirable to collectors and silver investors.

How can I verify if my Kennedy Half Dollar is rare?

Look for proof coin traits and inspect the hair detail above Kennedy’s ear. For verification, consider sending it to PCGS or NGC for grading.

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