The value of a 50 cent coin can range from its face value of 50 cents to thousands of dollars, depending on several factors.
Here’s a breakdown of how a 50 cent coin’s value is determined:
- Face Value: Most Kennedy half dollars minted after 1971 are only worth their face value of 50 cents.
- Melt Value: Coins containing precious metals like silver (such as those minted before 1971) have a melt value based on the current price of the metal.
– For example, a typical 90% silver half dollar minted before 1965 is worth around $9.01, while a 40% silver half dollar (1965-1970) is worth about $3.69.
- Numismatic Value: Certain factors can increase a coin’s value beyond its face or melt value, making it a collectible, including:
– Rarity: Coins with lower mintage numbers or fewer surviving examples are generally more valuable.
– Condition: The better the condition (grade) of a coin, the more it is worth.
– Demand: Popularity among collectors can drive up a coin’s price.
– Errors: Coins with minting errors, like off-center strikes or doubled dies, can be highly valuable.
– Historical Significance: Coins related to important events or historical figures may also be worth more.
For example, a rare 1970-D Kennedy half dollar in uncirculated condition can be worth around $8. A [1776-1976 S SILVER Kennedy Half Dollar] in pristine condition can sell for as much as $12,500. The 1964 SMS Kennedy half dollar, a truly rare coin with only 12 known examples, had a last recorded sale of $156,000 for an SP68 example.
Ultimately, determining the exact value of your 50 cent coin may require consulting a reputable coin dealer or using resources like the [NGC Price Guide].
