The 1968-S Kennedy Half Dollar is a cherished piece among collectors, representing an era of significant political and economic change in the United States. Minted at the San Francisco Mint, this coin is particularly notable for its proof finish, which appeals to numismatists for its sharp detail and mirror-like surfaces. Whether you’re a seasoned collector or a novice, understanding the history, characteristics, and value of this coin is essential.
A Historical Overview
The Kennedy Half Dollar series began in 1964 as a tribute to President John F. Kennedy, who was assassinated in November 1963. The series replaced the Franklin Half Dollar and was designed by Gilroy Roberts (obverse) and Frank Gasparro (reverse). The obverse features a profile of President Kennedy, while the reverse depicts the Presidential Seal.
By 1968, the production of proof coins had shifted exclusively to the San Francisco Mint, marked by the “S” mintmark. The 1968-S Kennedy Half Dollar was the first proof coin in the series to be produced at this facility. Its production also coincided with a major shift in U.S. coinage: the elimination of silver from circulating dimes and quarters in 1965 and the reduction of silver content in half dollars to 40%. This made the 1968-S proof one of the early entries in the copper-nickel clad era, although it still contained 40% silver.
Design and Specifications
The 1968-S Kennedy Half Dollar proof retains the iconic design elements of the series. The obverse displays a striking depiction of Kennedy, showcasing Gilroy Roberts’ masterful engraving, while the reverse features a detailed rendering of the Presidential Seal. The coin’s proof finish sets it apart, with deeply mirrored fields and frosted devices that create a cameo contrast, particularly in high-grade examples.
The coin weighs 11.5 grams and has a diameter of 30.6 millimeters. Its composition includes 40% silver (approximately 0.1479 troy ounces) and 60% copper. These specifications were standard for half dollars from 1965 through 1970, after which the coins transitioned to a copper-nickel clad composition.
Value and Grading
The 1968-S Kennedy Half Dollar proof remains affordable for most collectors, though its value varies depending on condition and features. Coins with a strong cameo or deep cameo finish command higher premiums due to their striking appearance and rarity.
In circulated condition, the coin’s value is generally tied to its silver content, with a melt value fluctuating based on silver prices. In contrast, high-grade proof examples (PR69 and above) can fetch between $10 and $50. Coins graded by reputable services like PCGS or NGC with a “Deep Cameo” designation are especially sought after.
Tips for Collectors
When collecting 1968-S Kennedy Half Dollars, consider focusing on coins with cameo or deep cameo finishes, as these offer the best visual appeal. Always buy from reputable dealers to ensure authenticity and proper grading. Storing the coin in a protective holder or capsule will help preserve its pristine surfaces.
Conclusion
The 1968-S Kennedy Half Dollar proof is more than just a coin—it’s a tangible piece of history. With its captivating design, historical significance, and affordability, it makes an excellent addition to any collection. Whether you’re captivated by its artistry or its connection to an iconic president, this coin is a timeless collectible.
FAQs
1. What makes the 1968-S Kennedy Half Dollar Proof special?
The 1968-S Kennedy Half Dollar Proof was the first proof coin in the series produced at the San Francisco Mint. It features a stunning mirror-like finish and contains 40% silver, making it a significant collectible for numismatists.
2. How much silver is in the 1968-S Kennedy Half Dollar Proof?
The coin has a composition of 40% silver, equating to approximately 0.1479 troy ounces of silver content.
3. How do I identify a Deep Cameo 1968-S Kennedy Half Dollar?
A Deep Cameo coin displays strong contrast between the frosted design elements and the mirrored background, which is particularly striking on proof coins. Look for certification from grading services like PCGS or NGC for confirmation.