Are Half Dollars Still Minted and Why Are They So Rare?

The half dollar has a significant place in the history of U.S. coinage, once being a common sight in daily transactions. Many people today believe that these 50-cent pieces are no longer produced, leading to curiosity about their status. This perception has made the half dollar a somewhat enigmatic coin, rarely encountered in everyday commerce.

Current Minting Status

The U.S. Mint continues to produce half dollars, specifically the Kennedy Half Dollar, which was first issued in 1964. However, since 2002, their minting has primarily shifted towards numismatic products for collectors, rather than for general circulation. These collector-oriented coins are available directly from the U.S. Mint in various formats, including rolls, bags, and proof sets. While the Federal Reserve may still order them for circulation, the mintage numbers for half dollars are significantly lower compared to other denominations like quarters or dimes.

Reasons for Limited Circulation

Despite ongoing production, half dollars are rarely seen in daily transactions due to historical and practical factors. Their disappearance from general use stems primarily from the mid-1960s change in metallic composition. Half dollars minted until 1964 contained 90% silver, and from 1965 to 1970, they contained 40% silver. As silver prices rose, their intrinsic metal value exceeded face value, leading to widespread public hoarding.

Once these silver-content coins were removed from circulation, they never fully returned to widespread use. Practical reasons also contribute to their scarcity, including a general unfamiliarity among the public with using the denomination. Many retailers and cash registers are not configured to handle half dollars, making their use inconvenient for both consumers and businesses. Vending machines also typically do not accept them, further limiting their utility in modern transactions.

Where to Find Half Dollars

Half dollars are not commonly received as change in retail settings. Current-year half dollars can be purchased directly from the U.S. Mint in various collector sets and bulk options. Most U.S. banks can order rolls for customers upon request, though availability varies by bank.

For those seeking older or more collectible versions, coin dealers and numismatic shops are excellent resources. These specialized outlets often have a wide selection of half dollars from different eras and in varying conditions. While still legal tender, the primary modern use of half dollars is now largely for collecting purposes or as novelty items, rather than for everyday commerce.