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The Kennedy half dollar was authorized by Congress shortly after his assassination and was first minted in 1964. The coin was rarely seen in circulation because people hoarding the coin as a memento of the late President. The treasury originally planned to issue 91 million of the Kennedy half dollars in 1964 but due to overwhelming demand the number was raised to 141 million. By November of 1964, about 160 million coins had been struck. Being minted for only one year, the 1964 Kennedy half dollar is highly desirable by collectors and fans of the 35th President of the United States.
The first year of the Kennedy half dollar is the only year the coin was minted containing 90% silver. Many of these 1964 issued coins have been melted for their silver content. The silver content of the coin was reduced to 40% beginning in 1965 and in 1971 silver was completely eliminated from the coins.
Junk silver refers to silver coins minted before 1965 that contain 90% silver content. The value of these coins are from the bullion value of precious metal content of the coin and not from the collectability of the coin. Beginning in 1965 silver coins minted in the United States contained more copper and nickel and less silver.
The U.S. Gold Bureau has many other junk silver bags available as well as silver bullion, gold bullion, and Investment Grade Coins. Contact a Precious Metals Specialist at (800) 775-3504 to learn more about these types of investments and how they fit in with your current portfolio and financial goals.
|Coin Series||Pre-64 Silver|
|Modern or Historical||Pre-64|
|Metal Weight||7.15 oz|