Kennedy Half Dollar : An unassuming coin box held a surprising fortune for one family when a rare 1964 SMS Kennedy Half Dollar was discovered inside. The coin would later be authenticated and sold for over $100,000, capturing the attention of the numismatic world and proving once again that hidden treasures can still be found in ordinary places.
The Discovery: A Family Coin Box Yields a Numismatic Treasure
A routine look through a family coin collection became something extraordinary when a sharp-eyed collector spotted what appeared to be an unusually well-struck 1964 Kennedy half dollar. Unlike typical circulated coins, this specimen had mirror-like fields and sharp details, signaling that it might be a Special Mint Set (SMS) coin — one of the rarest modern U.S. coins in existence.
What Is the 1964 SMS Kennedy Half Dollar?
The 1964 SMS Kennedy Half Dollar is a mysterious coin with no official record of mass production. SMS coins are not proof coins or standard circulation strikes — they were experimental or presentation pieces, produced with a special satin finish and high-quality dies. Only about 15 to 20 are believed to exist, making it an ultra-rare find for collectors.
Why Is the 1964 SMS Version So Valuable?
Several features make this coin worth over $100,000. First, its rarity — with less than two dozen known, demand far exceeds supply. Second, its condition — the coins were struck with great care, making them pristine and attractive to collectors. Third, the coin’s historical importance as the first year of the Kennedy half dollar, released shortly after President Kennedy’s assassination, adds deep emotional and cultural value.
Historical Context: Honoring a Fallen President
The Kennedy half dollar debuted in 1964 to honor President John F. Kennedy, who was assassinated in November 1963. The coin was fast-tracked into production and became a symbol of national mourning. Millions of Americans hoarded them out of respect, making them uncommon in circulation. The SMS version, however, was never officially released to the public — adding to its mystique.
Authentication and Grading: How Experts Confirmed the Coin
Once the coin was discovered, it was submitted to a professional grading service such as PCGS (Professional Coin Grading Service). Experts examined the coin’s strike quality, die characteristics, and finish, confirming it was indeed one of the elusive 1964 SMS coins. It was given a high Mint State grade, and once authenticated, it sold for well over $100,000 at auction.
Are Rare Coins Still Hiding in Ordinary Places?
Surprisingly, yes. Many families inherit coin boxes, old change jars, or small collections without realizing what’s inside. As this story shows, even coins from relatively recent decades can turn out to be worth a small fortune. It’s a good reminder to take a closer look — especially at coins with unusual luster, markings, or condition.
Frequently Asked Questions (Rare 1964 SMS Kennedy Half Dollar Found in Family’s Coin Box Sells for Over $100,000)
Q1: What makes the 1964 SMS Kennedy Half Dollar so rare?
A: It’s believed only 15 to 20 were ever made as experimental or presentation strikes. They were never officially released, making them extremely rare.
Q2: How can I tell if I have a 1964 SMS Kennedy Half Dollar?
A: Look for a sharply struck coin with a satin finish, strong details, and no mint mark. Professional authentication is required to be certain.
Q3: What is the difference between proof, SMS, and regular coins?
A: Proof coins are made for collectors with mirror-like surfaces. SMS coins have a satin finish and sharp strikes but aren’t quite proofs. Regular coins are meant for circulation and have lower strike quality.
Q4: Where can I get my coins appraised?
A: Reputable coin dealers, grading services like PCGS or NGC, or certified numismatic shows are the best places to get an expert opinion.
Q5: Are there other valuable Kennedy half dollars?
A: Yes, certain 1964-D errors, 1970-D low-mintage issues, and varieties like doubled dies can also carry high value.
