How to Spot the 1964 SMS Kennedy Half Dollar Worth a Fortune: The world of coin collecting is full of surprises, and one of the most intriguing stories is that of the 1964 Special Mint Set (SMS) Kennedy Half Dollar. This rare coin, hiding in plain sight, can transform an ordinary pocket change search into a moment of fortune. Understanding why this coin is so valuable and how to identify it can make all the difference for collectors and curious hobbyists alike.
The Mystery Behind the 1964 SMS Kennedy Half Dollar
The 1964 Kennedy Half Dollar was the first of its kind, struck in honor of President John F. Kennedy after his assassination. However, a small batch of these coins, known as the SMS versions, was produced with a unique finish that set them apart from the regular strikes. The exact reason for their creation remains a mystery, with theories ranging from experimental minting techniques to special presentation sets for dignitaries.
What Makes the 1964 SMS Kennedy Half Dollar So Special
Unlike the regular 1964 Kennedy Half Dollars, the SMS version was crafted with exceptional care. These coins feature sharp details, satin-like surfaces, and a stronger strike, giving them a distinct appearance. Their rarity lies in their limited numbers, with estimates suggesting fewer than two dozen examples are known to exist today. This scarcity, combined with their pristine finish, makes them highly sought after by collectors.
How to Identify a Genuine 1964 SMS Kennedy Half Dollar
Spotting one of these elusive coins requires a keen eye and knowledge of their defining characteristics. A genuine 1964 SMS Kennedy Half Dollar will have a smoother, matte-like surface compared to the regular coins. The strike quality is noticeably sharper, and the edges are squared off rather than rounded. Collectors also look for minimal signs of wear, as most of these coins were not intended for circulation.
Why the 1964 SMS Kennedy Half Dollar Commands High Prices
The value of a 1964 SMS Kennedy Half Dollar can be staggering, often reaching six figures at auction. This is due to a combination of rarity, historical significance, and impeccable craftsmanship. Each verified coin represents a piece of numismatic history, making it a prized possession for serious collectors and a dream find for casual enthusiasts.
Tips for Searching Your Change and Collections
While the odds are slim, it is still possible to encounter a 1964 SMS Kennedy Half Dollar in circulation or tucked away in old collections. Pay attention to coins inherited from family members or found in rolls from banks. Comparing any 1964 Kennedy Half Dollars you come across with known SMS examples online can help you spot potential treasures.
Frequently Asked Questions
What is the difference between a regular 1964 Kennedy Half Dollar and the SMS version?
The SMS version has a satin finish, sharper details, and squared-off edges, whereas regular coins are more lustrous with softer strikes.
How many 1964 SMS Kennedy Half Dollars exist?
It is estimated that fewer than 20 examples have been confirmed, making them incredibly rare.
Can I find a 1964 SMS Kennedy Half Dollar in circulation today?
Although highly unlikely, there is a small chance one could still be discovered in circulation or private collections.
How much is a 1964 SMS Kennedy Half Dollar worth?
Depending on condition and authentication, these coins can sell for tens of thousands to over a hundred thousand dollars at auction.