What is a 1968 Kennedy half dollar worth? This question often comes up for collectors and enthusiasts who are interested in the value of this iconic coin. The 1968 Kennedy half dollar, featuring the image of President John F. Kennedy, holds a special place in numismatic history. In this article, we will explore the factors that determine its worth and provide insights into its value in today’s market.
The 1968 Kennedy half dollar was minted in both Philadelphia and Denver, with the Philadelphia mint marking the coin with a “P” and the Denver mint marking it with a “D.” The coin’s obverse features a profile of President Kennedy, while the reverse depicts the emblem of the United States and the motto “In God We Trust.” The coin’s design was created by Gilroy Roberts, who was commissioned by the U.S. Mint to create a new coin to honor the late president.
The value of a 1968 Kennedy half dollar can vary widely depending on several factors. The most important factors include the coin’s condition, mint mark, and rarity. In general, the condition of a coin is graded on a scale from 1 to 70, with 70 being the highest grade, which is known as “perfect” or “uncirculated.” Coins in better condition tend to be worth more due to their scarcity and the demand from collectors.
The mint mark is another crucial factor in determining the value of a 1968 Kennedy half dollar. Coins with a “P” mint mark from the Philadelphia mint are more common and, therefore, worth less than coins with a “D” mint mark from the Denver mint. The rarity of a coin also plays a significant role in its value. Some years and mint marks of the 1968 Kennedy half dollar are rarer than others, making them more valuable.
When assessing the value of a 1968 Kennedy half dollar, it’s essential to consider the coin’s grade. A coin graded MS-65 (uncirculated) is worth significantly more than a coin in lower grades. Additionally, coins with errors or special characteristics, such as doubled dies or off-center strikes, can command premium prices among collectors.
The value of a 1968 Kennedy half dollar can also be influenced by the current market conditions. As with any collectible, prices can fluctuate based on supply and demand, as well as the overall health of the numismatic market. For example, during times of economic uncertainty, investors may turn to precious metals, including silver, which is the composition of the Kennedy half dollar, driving up the coin’s value.
In conclusion, the value of a 1968 Kennedy half dollar depends on several factors, including its condition, mint mark, rarity, and the current market conditions. Collectors and enthusiasts should research the specific coin they are interested in and consult with a reputable coin dealer or appraiser to determine its worth. Whether you’re a seasoned collector or just starting out, the 1968 Kennedy half dollar remains a valuable and fascinating piece of American numismatic history.
