1970-D Kennedy Half Dollar Found In Pocket Change That Shocked Appraisers
In an extraordinary turn of events, a 1970-D Kennedy Half Dollar, previously believed to be exclusive to mint sets, was discovered in everyday pocket change.
This unexpected find has sent ripples through the numismatic community, highlighting the coin’s rarity and historical significance.
Historical Background
The Kennedy Half Dollar was first minted in 1964 to honor the late President John F. Kennedy.
Initially composed of 90% silver, the coin’s silver content was reduced to 40% from 1965 to 1970 due to rising silver prices and hoarding concerns. By 1971, silver was eliminated entirely from the coin’s composition .
The 1970-D Kennedy Half Dollar: A Collector’s Gem
The 1970-D Kennedy Half Dollar holds a special place in coin collecting due to its unique production circumstances:
- Mintage: Only 2,150,000 coins were minted, making it the lowest mintage for a business-strike Kennedy Half Dollar until 2006 .
- Distribution: These coins were not released into general circulation but were available exclusively through the U.S. Mint’s annual uncirculated coin sets.
- Composition: The coin consists of 40% silver and 60% copper, weighing 11.5 grams with a diameter of 30.6 mm.
Recent Discovery and Its Impact
The recent discovery of a 1970-D Kennedy Half Dollar in pocket change is astonishing, considering its intended limited distribution.
This find has reignited interest in the coin, emphasizing the importance of checking everyday change for hidden treasures.
Value and Market Trends
The value of the 1970-D Kennedy Half Dollar varies based on its condition:
- Circulated Condition: Approximately $15 to $25.
- Uncirculated Condition (MS65): Around $100.
- High-Grade Specimens (MS67): Can fetch up to $7,000 or more at auctions .
Coin Specifications
| Feature | Details |
|---|---|
| Year | 1970 |
| Mint Mark | D (Denver) |
| Mintage | 2,150,000 |
| Composition | 40% Silver, 60% Copper |
| Weight | 11.5 grams |
| Diameter | 30.6 mm |
| Edge | Reeded |
| Designers | Gilroy Roberts (Obverse), Frank Gasparro (Reverse) |
The unexpected appearance of a 1970-D Kennedy Half Dollar in everyday circulation serves as a thrilling reminder of the hidden treasures that may lie unnoticed in our daily lives.
For collectors and enthusiasts, this event underscores the importance of vigilance and the potential value that can be found in the most ordinary places.
FAQs
Why is the 1970-D Kennedy Half Dollar so rare?
The coin was minted in limited quantities (2,150,000) and was not released into general circulation, making it a sought-after piece among collectors.
How can I identify a 1970-D Kennedy Half Dollar?
Look for the year “1970” on the obverse and a “D” mint mark, indicating it was minted in Denver. The coin also has a reeded edge and weighs 11.5 grams.
Is it possible to find other rare coins in pocket change?
Yes, while rare, it’s possible to find valuable coins in circulation. Regularly checking your change and familiarizing yourself with key coin features can increase your chances of discovering such treasures.