The Kennedy Half Dollar is a coin many people know, but few realize one version is worth $5.9 million. First made in 1964 to honor President John F. Kennedy after his death, this 50-cent coin quickly became a keepsake for Americans. Most are only worth face value, but a rare 1964 version called the Special Mint Set (SMS) coin is very valuable. Experts believe some may still be out there, mixed with everyday coins, waiting to be found.
A Coin Born from Tragedy
The Kennedy Half Dollar was first made in 1964, only months after Kennedy’s death in November 1963. It was designed by Gilroy Roberts and Frank Gasparro. The front shows Kennedy’s face, and the back shows the presidential seal. The 1964 coins were made with 90% silver, making them worth more than later coins with less or no silver. But the $5.9 million coin is special because it is a rare SMS version. These coins have very sharp details and a shiny, mirror-like look. Only a few exist, and their origin is still a mystery.
Why Is This Coin Worth Millions?
The coin is worth millions because it is rare, in perfect condition, and tied to history. The 1964 SMS Kennedy Half Dollar was not made for public use. Some believe it was a test coin or made for someone important. Its smooth surface and clean design make it stand out. One was sold for $108,000, but experts say a perfect coin could bring $5.9 million at auction. Other Kennedy coins with errors or low mint numbers are valuable too, but none are as famous as the SMS strike.
Key Features of the $5.9 Million Coin
If you want to look for this treasure, here are the key features to check:
| Feature | Description |
| Year | 1964 |
| Mint Mark | None (Philadelphia Mint) |
| Finish | Satin-like, mirror-like look |
| Silver Content | 90% silver, weighs 12.5 grams |
| Condition | Mint state, no wear or scratches |
If you ever find one, do not clean it, because cleaning lowers its value. Instead, send it to a grading service like PCGS or NGC to confirm if it is real.
Where Could It Be Hiding?
The exciting part is that this coin may still be in circulation. Kennedy Half Dollars are not used much today, but they can still appear in bank rolls, casinos, or old collections. Since 2001, they are made mostly for collectors, but older ones, including 1964, can still show up. Rare coins have been found in change jars or even thrift shops. In 2023, a rare error coin was found in a jar and sold for $3.2 million. So, it is always worth checking your half dollars carefully.
Final Thoughts
The $5.9 million Kennedy Half Dollar is not just money; it is also part of American history. While the chance of finding one is small, the possibility makes people keep searching. Look for a 1964 coin with a shiny surface and no mint mark. If you think you have one, show it to a coin expert. Whether you are a collector or just curious, checking your coins could lead to a big surprise. The next Kennedy Half Dollar you see might be worth millions.
FAQs
What year is the rare Kennedy Half Dollar?
1964.
How much silver is in the 1964 half dollar?
90% silver.
Where was the rare coin made?
Philadelphia Mint.
How much is it worth?
Up to $5.9 million.
Should I clean a rare coin?
No, never.