Coinflation: Silver Kennedy half dollar intrinsic value and coin price
 
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1964 Kennedy Silver Half Dollar Melt Value

1964 Silver Kennedy Half Dollar Value (United States)

U.S. MINT SPECIFICATIONS
Denomination:$0.50
Obverse Image:John F. Kennedy, 35th President of the United States.
Reverse Image:Eagle holding an olive branch (peace) and arrows (strength). The thirteen stripes represent the 13 colonies. The horizontal bar across the top represents Congress forming one government from many. Fifty stars representing the fifty states encircle the eagle. [ ? ]
Metal Composition:90% silver, 10% copper
Total Weight:12.5 grams
Comments:Only two months after Kennedy's assassination on November 22, 1963, the first Kennedy Half Dollars were struck at the mint. [ ? ]



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CALCULATING TODAY'S MELT VALUE (USD)
Using the latest metal prices and the specifications above, these are the numbers required to calculate melt value:
 
 $16.72  =silver price / ounce on May 13, 2008.
.90  =silver %
 $3.7761  =copper price / pound on May 13, 2008.
.10  =copper %
12.5  =total weight in grams
.0321507466  =ounce/gram conversion factor
.00220462262  =pound/gram conversion factor (see note directly below)


The NYMEX uses pounds to price copper and that means we need to multiply the metal price by .00220462262 to make the conversion to grams. The silver price is based in troy ounces and that means we need to multiply the metal price by .0321507466 to make the conversion to grams.



1. Calculate 90% silver value :

    (16.72 × .0321507466 × 12.5 × .90)  =  $6.0475554354


$6.0475 is the rounded silver value for the 1964 silver Kennedy half dollar on May 13, 2008. This is usually the value used by coin dealers when selling these coins at melt value. However, the total melt value is continued below.



2. Calculate 10% copper value :

    (3.7761 × .00220462262 × 12.5 × .10)  =  $0.0104059


3. Add the two together :

    $6.0475554354 + $0.0104059 = $6.0579613354




$6.0579613354 is the total melt value for the 1964 silver Kennedy half dollar on May 13, 2008.



  ← Calculate coin worth using your own quantity and silver price values.


MINTAGE AND COLLECTIBLE VALUE (USD)
The "Year" column lists the year and mint mark on the coin -- D is for Denver, S is for San Francisco, and P is for Philadelphia. A coin without a mint mark means it was also minted in Philadelphia. The "Mintage" column is the number of coins struck and released by the U.S. Mint. The "Numismatic Value Range" column represents what people typically pay for that type of coin (usually a very wide price range depending on the condition).

YearMintageNumismatic Value Range
1964273,304,004$6.00 - $20.00
1964 D156,205,446$6.00 - $40.00

If you think a coin should be added/subtracted, please send an email.
If you're interested in learning more about grading coins, Photograde is an excellent resource.


EBAY AUCTIONS - 1964 SILVER KENNEDY HALF DOLLARS ONLY
I believe that the old saying, "A coin is only worth what someone will pay for it," is absolutely true. I prefer eBay because it displays what people are actually paying for coins. Monthly coin price magazines and online price lists may not reflect current market conditions because they don't demonstrate what people are actually willing to pay.

View all silver Kennedy Half Dollar auctions or those with the least time left (below).



CHARTS
Long-term metal price charts for the 1964 Kennedy half dollar:

     [Most Recent Quotes from www.kitco.com]      [Most Recent Quotes from www.kitco.com]






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