In an amazing twist, a 1969-D Kennedy Half Dollar found at a garage sale has caught the attention of coin collectors by selling for an incredible amount at auction.
This coin, minted in Denver and graded MS67 by the Numismatic Guaranty Corporation (NGC), sold for a record $15,600 in June 2019. Its high price shows how much collectors value rare and well-preserved coins.
The History of the 1969 Kennedy Half Dollar
The 1969 Kennedy Half Dollar is an important part of U.S. coin history. It was first introduced in 1964 to honor President John F. Kennedy after his assassination. In 1965, the coin’s composition changed from 90% silver to a mix of 40% silver and 60% copper.
The 1969 coin was one of the last to have this silver-clad composition, with 129,881,800 produced in Denver for circulation and 2,934,631 proof coins made in San Francisco.
Design and Details
- Obverse Designer: Gilroy Roberts
- Reverse Designer: Frank Gasparro
- Composition: 40% silver, 60% copper
- Weight: 11.50 grams
- Diameter: 30.6 mm
- Edge: Reeded
The front (obverse) of the coin shows a left-facing portrait of President Kennedy, while the back (reverse) displays the Presidential Seal, symbolizing unity and strength.
The Coin That Made History
The 1969-D Kennedy Half Dollar that set the auction record stood out because of its excellent condition. Graded MS67 by NGC, it was one of the best examples known. Its flawless surfaces and sharp details made it highly desirable, leading to a $15,600 sale at a Heritage Auctions event in June 2019.
Why This Coin Is So Valuable
Several factors made this coin worth so much:
- Rarity in High Grade: Even though millions were made, very few coins are in such perfect condition.
- Historical Importance: As one of the last silver-clad half dollars, it marks the end of an era in U.S. coinage.
- Demand from Collectors: The Kennedy Half Dollar series is popular among collectors, which drives up the value of high-grade coins.
Comparing Other Sales
Here’s a look at some other sales of the same coin:
| Coin Description | Grade | Sale Price | Auction Date |
|---|---|---|---|
| 1969-D Kennedy Half Dollar | MS67 | $15,600 | June 2019 |
| 1969-D Kennedy Half Dollar | MS67 | $2,640 | March 2018 |
| 1969-D Kennedy Half Dollar | MS65 | $68.20 | April 2014 |
These prices show how coins in better condition can sell for much higher amounts.
Conclusion
The sale of this 1969-D Kennedy Half Dollar is a great example of how hidden treasures can be found in unexpected places. For collectors, it serves as a reminder of the importance of being alert and exploring numismatic opportunities. As the market continues to value rarity and quality, coins like this one will remain highly sought after.
FAQs
What makes the 1969-D Kennedy Half Dollar so valuable?
Its value comes from a mix of factors, such as its high grade (MS67), rarity in excellent condition, its place in history as one of the last silver-clad half dollars, and strong demand from collectors.
How can I determine the value of my Kennedy Half Dollar?
To determine its value, you need to consider the coin’s condition, mint mark, and rarity. It’s a good idea to have it professionally graded by a service like NGC or PCGS for an accurate appraisal.
Are there other valuable Kennedy Half Dollars?
Yes, other valuable Kennedy Half Dollars include certain rare varieties like the 1964 Accented Hair and high-grade coins from the 1960s. These can be especially valuable in great condition.