Unveiling the Factors That Contribute to the Rarity of the 1965 Kennedy Half Dollar
What makes a 1965 Kennedy half dollar rare?
The 1965 Kennedy half dollar holds a unique position in the numismatic world, as it is considered a rare coin due to several factors. This coin, which commemorates the 100th anniversary of the birth of President John F. Kennedy, has several characteristics that contribute to its rarity and desirability among collectors.
Firstly, the 1965 Kennedy half dollar is the only circulating coin in the United States to feature a mint mark. Unlike other coins, which are minted in multiple locations, the 1965 Kennedy half dollar was produced exclusively at the San Francisco Mint. The presence of the ‘S’ mint mark on the coin’s reverse makes it stand out and adds to its rarity. Only around 475,000 of these coins were minted, which is a small fraction compared to the millions of other coins produced that year.
Secondly, the 1965 Kennedy half dollar is one of the few coins from the 1960s that is not commonly found in circulation. Unlike the 1964 and 1969 Kennedy half dollars, which are widely circulated and often found in pocket change, the 1965 Kennedy half dollar is less likely to be encountered. This scarcity in circulation makes it a highly sought-after coin among collectors.
Another factor that contributes to the rarity of the 1965 Kennedy half dollar is the condition in which it is found. Many of these coins have been circulated extensively, leading to wear and tear. However, there are a limited number of well-preserved examples that have survived the rigors of daily use. These coins, known as “Uncirculated” or “MS-65” condition, are highly prized by collectors and can command a premium price.
Furthermore, the 1965 Kennedy half dollar is also known for its unique design. The coin features a profile portrait of President Kennedy on the obverse, designed by Gilroy Roberts, and the presidential seal on the reverse, designed by Frank Gasparro. The coin’s design is considered one of the most beautiful in American coinage history, making it an attractive addition to any coin collection.
In conclusion, the 1965 Kennedy half dollar is rare due to its limited mintage, scarcity in circulation, condition, and distinctive design. Collectors are willing to pay a premium for these coins, as they represent a piece of American history and a unique coinage milestone. Whether you are a seasoned collector or just starting out, the 1965 Kennedy half dollar is a coin that is sure to capture your interest and add value to your collection.