1964 Kennedy Half Dollar First Day Of Issue
The 1964 Kennedy Half Dollar is a special coin minted in honor of President John F. Kennedy after his assassination. It was first released on March 24, 1964, just four months after the President's death on November 22, 1963. This coin is highly sought after by collectors and investors alike, and its history makes it a valuable piece of American numismatic heritage.
The Design of the 1964 Kennedy Half Dollar
The Kennedy Half Dollar was designed by Gilroy Roberts, the Chief Engraver of the United States Mint, and Frank Gasparro, the Assistant Engraver. The obverse of the coin features a portrait of President Kennedy with the inscriptions "LIBERTY" and "IN GOD WE TRUST." The reverse of the coin features an eagle with a shield on its chest, clutching an olive branch and arrows in its talons, with the inscriptions "UNITED STATES OF AMERICA," "E PLURIBUS UNUM," and "HALF DOLLAR."
The First Day of Issue
The first day of issue for the 1964 Kennedy Half Dollar was on March 24, 1964. This was just a few months after President Kennedy's assassination, and the release of the coin was a way to honor the beloved President's memory. The first coins were struck at the Philadelphia Mint, and they were quickly distributed to banks across the country.
The first coins were sold to the public on March 25, 1964, and they were an instant hit. People lined up at banks across the country to get their hands on the new coin. The demand was so high that many banks ran out of the coins within hours of opening.
The Value of the 1964 Kennedy Half Dollar
The 1964 Kennedy Half Dollar is a valuable coin, both for its historical significance and its rarity. The coins were only minted for one year, and they were struck in high numbers to meet the demand from the public. However, many of the coins were melted down due to silver shortages in the late 1960s and early 1970s.
Today, the value of the 1964 Kennedy Half Dollar varies depending on its condition and rarity. A well-preserved coin can be worth several thousand dollars, while a coin in poor condition may only be worth its face value of fifty cents.
Collecting the 1964 Kennedy Half Dollar
Collecting the 1964 Kennedy Half Dollar is a popular hobby among numismatists. The coin's historical significance and rarity make it a valuable addition to any collection. Collectors can find the coins in various conditions, from well-preserved uncirculated coins to worn circulated coins.
When collecting the 1964 Kennedy Half Dollar, it's important to look for coins in good condition. Coins with minimal wear and tear will fetch a higher price than coins that are scratched or tarnished. It's also important to buy coins from reputable dealers to ensure their authenticity.
Conclusion
The 1964 Kennedy Half Dollar is a special coin with a unique history. Its first day of issue is a significant event in American numismatic history, and the coin's value and popularity among collectors only adds to its appeal. Whether you're a collector or an investor, the 1964 Kennedy Half Dollar is a must-have coin for any serious numismatist.