While most 1968 Kennedy Half Dollars are not thought to be rare, several varieties and error coins can command high prices from coin collectors. The 1968 Kennedy Half Dollar is a popular coin.
Both casual and experienced collectors are drawn to this coin, which has the picture of President John F. Kennedy and was produced in 40% silver and standard compositions.
What determines the 1968 Kennedy Half Dollar’s value and what circumstances can elevate these coins to extremely high levels of value? Now let’s go specific.
Key Factors That Influence the Value of a 1968 Kennedy Half Dollar
The 1968 Kennedy Half Dollar’s value is influenced by various factors. These include the coin’s overall condition, silver content, mint markings, and mistake coins.
1. Silver Composition
The U.S. Mint was moving away from silver coinage at the time the 1968 Kennedy Half Dollar was struck. 1968 coins have a 40% silver content, which adds to their collectibility and makes them attractive.
The coin is 30.6 mm in diameter and weighs 11.5 grams. Although the silver content of many 1968 Kennedy Half Dollars is their only value, those in superb condition or with uncommon flaws can command higher prices.
| Mint | Silver Composition | Weight (Grams) | Diameter (mm) |
|---|---|---|---|
| Philadelphia | 40% Silver | 11.5 | 30.6 |
| Denver (D) | 40% Silver | 11.5 | 30.6 |
| San Francisco | 40% Silver Proof | 11.5 | 30.6 |
2. Mint Marks
Any Kennedy Half Dollar’s value can be determined in large part by its mint mark. The coins were made in 1968 at two different locations:
- Denver (D): Due to their mass production (246 million coins), Denver-minted coins are generally less valuable.
- San Francisco (S): Only about 3 million proof coins, particularly in high grades, were created by the San Francisco Mint. These coins are far more precious.
- San Francisco Mint coins with the “S” mintmark can fetch a lot more money than Denver Mint coins, especially if they are in proof condition.
3. Grade and Condition
Coin condition is a major factor in value determination. Coins in mint state (MS) and uncirculated condition can sell for hundreds or even thousands of dollars.
Among the most precious coins are proofs, especially those with Deep Cameo grades of PR69 or PR70. Depending on market demand, a 1968 Kennedy half dollar with a PR70 Deep Cameo from the San Francisco Mint may be valued up to $10,000.
4. Error Coins
Another important element contributing to the increase in value of some 1968 Kennedy Half Dollars is error coins. Typical minting mistakes consist of:
- Doubled Die Errors: When the coin is struck more than once, the design seems to be doubled in certain places. The value of the coin might be greatly increased by these mistakes.
- Off-Center Strikes: Because they are less common than regular coins, coins that are struck off-center are valued.
- Planchet Errors: Extremely rare and valuable coins struck on a planchet intended for a different metal or denomination can be valued in the hundreds.
How Much Are 1968 Kennedy Half Dollars Worth?
Here’s a breakdown of the estimated values for 1968 Kennedy Half Dollars based on their condition, mint mark, and rarity:
| Coin Type | Condition | Estimated Value |
|---|---|---|
| 1968-D Regular Strike | Circulated | $4 – $6 |
| 1968-D Mint State (MS-65) | Uncirculated | $20 – $50 |
| 1968-S Proof | PR69 Deep Cameo | Up to $2,000 |
| 1968-S Proof | PR70 Deep Cameo | Up to $10,000 |
| 1968 Error (e.g., Doubled Die) | Mint State (MS) | $500 – $2,500 |
Trade in Your Kennedy Half Dollars from 1968
If you are thinking about selling your 1968 Kennedy Half Dollar, here are some pointers to assist you receive the best price:
- Get the Coin Graded: Submit your coin for grading to a reputable organization like PCGS or NGC. A coin that is graded and has a high score will sell for more money.
- Investigate the Market: To determine the market worth of comparable coins, look up previous auction results on websites like eBay or Heritage Auctions.
- Sell Through Reputable Channels: You can sell your coins online at sites like Great Collections or eBay, or through respectable coin dealers and auction houses.
- Store Properly: To maintain the condition of your coin, keep it in a safe case. The value increases with improved condition.
There is much more to the 1968 Kennedy Half Dollar than just using it as cash. It is very valuable to collectors, particularly the ones minted in silver at the San Francisco Mint or with uncommon minting mistakes.
Whether you’re hoarding a proof or a standard strike coin from the mint, knowing what makes these coins significant will help you assess their value and their market value.
