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Inventory:
Available
- Product ID: 3450
From 1965-1970, the US Mint put 40% silver into the Kennedy Half Dollars, with a 60% copper-nickel alloy. Starting in 1971, the new metallic alloy composition of copper-nickel became the norm for series coins. The new metal composition makes it difficult for the clad coins to have a higher value outside of their coin denomination of 50 cents. Gilroy Roberts and Frank Gasparro were the sculptors who had the honor of designing the Kennedy Half Dollar. Needing a design quickly, the US Mint approved of a design the two had created for a presidential medal that was liked by the late president. His widow, Jacqueline Kennedy, wanted his portrait to be on the half dollar denomination. In just one short month, a new half dollar was being minted by the millions, and the public was ready for it.
Although there was much excitement concerning the Kennedy Half Dollars in 1970, that excitement slowly drowned out in 1972. With a mintage of 153 million, the Philadelphia Mint produced a clad brilliant uncirculated coin that carries a very low premium today. When the Kennedy Half Dollar was first conceived, just one month after John F. Kennedy's assassination, lines around the US Mint buildings were endless. The US Mint couldn't keep up with the demand for the new half dollar, lending to zero actually being put into circulation. The fact that their were more people than coins minted, over 273 million to be exact, reveals not only how much Kennedy was loved by his country but also, the prediction of 90% silver becoming more valuable someday couldn't be more accurate. The Kennedy Half Dollar series carries loads of history for any collectors to appreciate through the years. Nowadays, the Kennedy series is collected by history fanatics, beginner collectors, and those who still hold an admiration for the only Roman-Catholic president.