When most people think of wealth, gold often comes to mind
However, in the world of rare coin collecting, a 1964 Kennedy Half Dollar has surprisingly outperformed a 1-ounce gold bar in terms of market value. Some of these coins have sold for more than $2,800, while a few extremely rare examples have fetched over $10,000 and even approached the $50,000 mark.
This highlights how collectible value can surpass the raw worth of precious metals.
The History Behind the 1964 Kennedy Half Dollar
The Kennedy Half Dollar debuted in 1964, shortly after the assassination of President John F. Kennedy. The U.S. Mint fast-tracked its release as a tribute to the late president.
That first year, the coin was minted with 90% silver, making it unique. Future issues moved to a copper-nickel blend due to rising silver prices.
More than just currency, this coin became a symbol of national mourning and remembrance, giving it both sentimental and historical value from the start.
What Makes the “Accented Hair” Variety So Special?
While millions of 1964 Kennedy Half Dollars were produced, a smaller subset—proof coins from the Philadelphia Mint—featured what is now known as the “Accented Hair” design.
These coins show more pronounced hair details above Kennedy’s ear, a design that was later modified at the family’s request.
Other key identifiers include:
- The missing serif on the letter “I” in LIBERTY
- A frosted portrait set against a mirrored background in Deep Cameo versions
Only an estimated 50,000 to 100,000 of these proof coins were minted, making them particularly rare—especially in higher grades.
Grading and Auction Value: Proof-68 DCAM and Beyond
Grading plays a major role in a coin’s worth. Organizations like PCGS and NGC evaluate coins based on detail, preservation, shine, and overall appeal.
A 1964 Accented Hair Kennedy Half Dollar with a grade of PR68DCAM (Deep Cameo) can sell for $2,500 to $3,000. In auctions, near-perfect PR69DCAM coins have exceeded $46,000, and some ultra-rare examples have been reported to reach values over $70,000.
Coin vs. Gold: A Surprising Value Comparison
Here’s a side-by-side look at how the 1964 Kennedy Half Dollar stacks up against a 1-ounce gold bar:
| Feature | 1964 Kennedy Half Dollar (PR68DCAM) | 1-Ounce Gold Bar |
|---|---|---|
| Face Value | $0.50 | None |
| Material Composition | 90% Silver | 99.99% Pure Gold |
| Weight | 12.5 grams | 31.1 grams |
| Auction Value (Recent) | $2,800+ | $2,300–$2,500 (May 2025) |
| Historical Significance | Very High (JFK tribute) | Minimal |
| Design Variety Scarcity | High | Not applicable |
| Collector Demand | Strong | Moderate (investment-oriented) |
| Emotional/Patriotic Appeal | Exceptionally High | None |
Even though it contains no gold and weighs less, the Kennedy Half Dollar’s rarity, historical impact, and pristine grading can drive its value higher than that of pure gold.
Why Numismatic Value Can Outpace Metal Worth
Unlike bullion, which is priced by weight and market rates, collectible coins gain value from several factors:
- Scarcity or unique variations
- High-grade preservation and visual quality
- Connection to significant historical events
- Competitive demand among collectors
These combined traits can make certain coins significantly more valuable than their material content alone.
Collector Tips: Could You Have One Too?
Search Your Collection
Look through any old U.S. coin collections, especially proof sets from 1964. Watch for the unique hair design above Kennedy’s ear and coins in mint condition.
Get It Graded
Having your coin graded by PCGS or NGC adds credibility and can dramatically increase its resale value. It also ensures your coin is properly insured and stored.
Store It Properly
To maintain its value:
- Use archival-quality holders or protective capsules
- Always handle with cotton gloves
- Store in a dry, cool area away from moisture or heat
What This Means for Investors and Hobbyists
This example isn’t just a coin collector’s tale. The rising value of the 1964 Kennedy Half Dollar shows how family heirlooms or old change can hold hidden financial potential.
Many people unknowingly possess valuable coins, especially those passed down through generations. With proper research and evaluation, a simple coin could be worth thousands.
The 1964 Accented Hair Kennedy Half Dollar is more than just a commemorative piece—it’s a remarkable blend of history, rarity, and craftsmanship that transforms everyday change into a high-value collectible.
In an era where gold is considered the gold standard of value, this coin is a powerful reminder that historical and emotional significance can outweigh even the most precious metals.
Whether you’re a longtime enthusiast or just curious, now’s a great time to check that old coin jar—your next treasure might already be in your possession.
FAQs
Q: How can I tell if I have an “Accented Hair” Kennedy Half Dollar?
A: Look for stronger hair detail above Kennedy’s ear and a missing serif on the “I” in LIBERTY. Proof coins from 1964 are your best bet.
Q: Where can I get my coin graded?
A: Trusted grading services include PCGS (Professional Coin Grading Service) and NGC (Numismatic Guaranty Corporation).
Q: Is it safe to clean old coins before grading?
A: No—cleaning can damage the surface and reduce the coin’s value. Always leave cleaning to professionals if needed.
Q: Are regular 1964 Kennedy Half Dollars worth anything?
A: Yes, even standard versions made of 90% silver hold value above face, especially in uncirculated or proof condition.