1968 Half Dollar: Uncovering the Value and History of this Iconic Coin

The 1968 half dollar, a coin that has captivated collectors and numismatists for decades, holds a special place in the world of coins. As a product of the United States Mint, this iconic coin is not only a testament to the country's rich history but also a reflection of its economic and cultural landscape during the late 1960s. In this article, we will delve into the value and history of the 1968 half dollar, exploring its design, production, and what makes it a sought-after collector's item.

The 1968 half dollar, also known as the Kennedy half dollar, was first introduced in 1964, following the assassination of President John F. Kennedy. The coin's design, featuring a portrait of Kennedy on the obverse and the Coat of Arms of the United States on the reverse, was created by artists Gilroy Roberts and Frank Gasparro. The 1968 edition, in particular, is notable for its high mintage numbers, with over 100 million coins produced. This widespread production has contributed to its relative abundance, making it an accessible addition to many collections.

The Design and Production of the 1968 Half Dollar

The design of the 1968 half dollar is a significant aspect of its appeal. The obverse features a portrait of President Kennedy, which was designed by Gilroy Roberts. This portrait is renowned for its detailed and youthful representation of the president. The reverse, designed by Frank Gasparro, showcases the Coat of Arms of the United States, symbolizing the nation's strength and unity. The coin is composed of 40% silver and 60% copper, a composition that would change in future years due to the rising cost of silver.

The production of the 1968 half dollar was a massive undertaking, with the United States Mint producing over 100 million coins. This high mintage number was a response to the growing demand for coins, particularly those made of silver, which were becoming increasingly popular among collectors and investors. The widespread production of the 1968 half dollar has contributed to its relative affordability and availability on the market.

Value of the 1968 Half Dollar

The value of the 1968 half dollar can vary depending on several factors, including its condition, rarity, and demand. In general, circulated 1968 half dollars are worth their face value, or around $0.50. However, uncirculated coins, particularly those in pristine condition, can fetch higher prices. For example, a 1968 half dollar graded MS-65 by the Professional Coin Grading Service (PCGS) can sell for around $10-$20. Coins with higher grades, such as MS-67 or MS-68, can command significantly higher prices, often in the hundreds of dollars.

Collectibility and Rarity

While the 1968 half dollar is not considered a rare coin, it remains a popular collector's item due to its historical significance and aesthetic appeal. Collectors often seek out coins in excellent condition, with minimal wear and tear, and those that have been graded by reputable organizations such as the PCGS or the Numismatic Guaranty Corporation (NGC). The rarity of certain mint marks, such as the Philadelphia (no mint mark) or the Denver (D) mint, can also impact the coin's value.

Conclusion

In conclusion, the 1968 half dollar is a fascinating coin with a rich history and a significant place in American numismatics. Its design, production, and value are all aspects that make it a sought-after collector's item. Whether you're a seasoned numismatist or just starting your collection, the 1968 half dollar is definitely worth exploring.