The Kennedy half dollar, introduced in 1964 to honor the memory of President John F. Kennedy, remains a popular series among numismatists. While most Kennedy half dollars are relatively common, certain varieties and errors pique the interest of collectors. One of the most fascinating is the 1972-D No FG Kennedy half dollar, a rare variety defined by the absence of the designer’s initials on the coin’s reverse.
What Is the No FG Variety?
The “No FG” designation refers to the missing initials of Frank Gasparro, the designer of the reverse of the Kennedy half dollar. On a standard Kennedy half dollar, Gasparro’s initials, “FG,” appear just below the eagle’s tail feathers on the reverse. In the case of the 1972-D No FG variety, these initials are either completely missing or nearly impossible to see, even under magnification.
This anomaly is not the result of an error during the engraving process but rather due to excessive polishing of the coin’s die. In an effort to remove imperfections or damage, mint workers sometimes overpolished dies, causing design elements to fade or disappear entirely. In the case of the 1972-D Kennedy half dollar, the overpolishing removed the “FG” initials, creating a distinctive and collectible variety.
How Rare Is the 1972-D No FG Kennedy Half Dollar?
The 1972-D No FG Kennedy half dollar is considered a scarce variety, though its exact rarity depends on the grade of the coin. In lower circulated grades, these coins can still be found occasionally in rolls or even in circulation, though they are by no means common. However, in higher grades, such as Mint State (MS) condition, the 1972-D No FG becomes significantly rarer.
Third-party grading companies, such as PCGS and NGC, attribute and certify this variety, which has helped elevate its status in the numismatic community. Collectors seeking to complete a full Kennedy half dollar set often include the No FG varieties, making this coin highly desirable.
Value of the 1972-D No FG Kennedy Half Dollar
The value of a 1972-D No FG Kennedy half dollar depends heavily on its condition. Circulated examples in grades such as Very Fine (VF) or Extremely Fine (XF) might sell for $20 to $50. In uncirculated condition, prices can climb substantially, with MS63 or higher examples commanding hundreds of dollars. Coins graded MS65 or above are particularly sought after and can fetch prices upwards of $1,000.
How to Identify a 1972-D No FG Kennedy Half Dollar
To identify this variety, closely examine the reverse of the coin, focusing on the area below the eagle’s tail feathers. If the “FG” initials are missing or barely visible, you may have a No FG variety. A magnifying glass or loupe is often necessary for a thorough inspection. Keep in mind that wear from circulation can sometimes obscure the initials, so it’s important to determine whether the absence of “FG” is due to the die rather than post-mint damage.
Conclusion
The 1972-D No FG Kennedy half dollar is a fascinating variety that adds depth and excitement to the Kennedy half dollar series. Its unique origin, relative scarcity, and strong collector demand make it a standout coin for enthusiasts. Whether you’re a seasoned numismatist or just beginning your collection, this rare variety is worth seeking out.
FAQs
What causes the “No FG” variety on the 1972-D Kennedy half dollar?
The “No FG” variety is caused by excessive die polishing, which removes the designer’s initials from the coin’s reverse.
How can I identify a 1972-D No FG Kennedy half dollar?
Examine the reverse of the coin below the eagle’s tail feathers. If the “FG” initials are missing or barely visible, you may have the No FG variety.
What is the value of a 1972-D No FG Kennedy half dollar?
Circulated examples range from $20 to $50, while uncirculated coins in MS65 or higher can fetch over $1,000.