1964 Philadelphia Quarter

Description: The Kennedy half dollars, or 50-cent pieces, were first issued in 1964. That is also the only year these coins were minted in 90% silver. Production began just before the decision to eliminate the silver standard in United States Mint coins. These circulating coins were designed to honor Kennedy who was assassinated in November 1963. Congress authorized the new design within a month of Kennedy's death and the Mint began production in January 1964. Kennedy Half Dollar Coins were not very successful in circulation. Americans tended to hoard the Kennedy silver coins, because of the silver content, making the coin values increase. They also felt that the JFK Half Dollars were a memento of the popular president and therefore considered them to be more of a commemorative coin versus money. Later, the rising silver price resulted in many of these coins being melted and converted to other silver bullion products. The good news for silver investors is that these Kennedy Silver Half Dollar coins often have less wear than other popular 90% silver coins, which circulated more widely over a longer period. One of the most popular ways to invest in silver bullion coins is by buying circulated US half dollars minted before 1965. These coins, along with Pre-1965 dimes and quarters, are commonly referred to as "junk" silver, or 90% silver. The term "junk" silver developed in the 1970s. Savvy people began pulling these coins from circulation and trading them at dollar values based on their silver content. Coin dealers applied the term to distinguish this circulated coinage with no collectible value from more collectible coins they wanted to sell at higher prices. Making the coin prices on "junk" silver more appealing to buyers more interested in the silver content, versus the condition of the coin. Today these coins are widely traded by bullion dealers. They are very popular because they often cost less than other US bullion coins such as US Silver Eagles. Half dollars, which each contains .358 ounces of actual silver content, are also much smaller than the 1-ounce American Eagles. Preparedness-minded investors consider official, recognizable US coins in smaller sizes ideal for use in barter. 90% of US silver half dollars are anything but "junk", despite being referred to that way. Silver Kennedy half dollars, the Franklin half dollar, and Liberty half dollars are the varieties these half dollars come in and they have been proven as an excellent store of value. Americans buying gas in 1964 could have purchased 1.667 gallons of gasoline for fifty cents - the face value of one of these coins. Today, these coins have a value that is still roughly equivalent to that amount of gas. The fiat dollar may buy dramatically less, but the purchasing power of silver has held up very well. These coins are "honest" money. They have worked well to protect investors from the destruction of the fiat US dollar in the decades since politicians and central bankers abandoned the gold and silver standard that once underpinned our currency. How Much is a Kennedy Half Dollar Worth?

Price: 75 USD

Location: Maypearl, Texas

End Time: 2024-11-15T19:43:39.000Z

Shipping Cost: N/A USD