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The 1981-S Proof Kennedy Half Dollar Type I Roll consists of 20 proof coins, packaged in a coin tube for protection. The 1981-S Proof Kennedy Half Dollar contains the striking proof finish, with a frosted image of Kennedy on the obverse. The 1981-S Proof was minted at the San Francisco Mint and is another variety among the Kennedy Half Dollars. The 1981-S Proof Kennedy Half Dollar has a very clear cut "S" on its obverse, wherein the Type II has an "S" that contains flatter ends and are almost snake-like. The coin's date of mintage is also noted on the obverse, as well as the word, "Liberty," and the saying,"In God We Trust." The reverse depicts the US National Seal, which is of a Bald Eagle, with wings and talons outstretched, and a shield covering its torso. The eagle's talons are holding olive branches and arrows, each representing peace through battle. The coin's place of mintage and denomination of 50 cents are also inscribed on the reverse.
Replacing the Franklin Half Dollar, the new Kennedy Half Dollar's design was already an existed work by sculptors, Gilroy Roberts and Frank Gasparro. Just one month after the assassination of John F. Kennedy, the US Mint quickly released the new half dollar. By already having a prominent design at hand, the Philadelphia Mint was able to produce over 273 million brilliant uncirculated coins in 30 short days. Upon their release in March of 1964, almost the entire collection disappeared from the market. Collectors rushed to hoard thousands of these historical gems, while others wanted them for their 90% silver content. Then, there were those Kennedy fans, who just wanted something to remember the late president by. The Mint even drastically increased production but were unsuccessful in giving others the ability to enjoy the new half dollar. 1964 was also the last year of the US Mint using 90% silver in their coins and changing the metal to 40% so this also could have affected the public's intense reaction to hoarding them.