Is a 1967 Half Dollar Worth Anything?

Many wonder about the value of a 1967 half dollar beyond its face value. This article clarifies the factors influencing their worth, helping you assess if your coin holds significant financial or numismatic value.

Understanding the Silver Content

The primary determinant of a 1967 half dollar’s value is its precious metal content. Unlike earlier Kennedy half dollars minted in 1964, which contained 90% silver, the 1967 version belongs to a unique series produced from 1965 to 1970 that features a 40% silver composition. This distinct blend makes it valuable even in circulated condition, as its intrinsic metal value typically exceeds its 50-cent face value.

Each 1967 Kennedy half dollar weighs 11.5 grams, containing approximately 0.147893 troy ounces of pure silver. To estimate its intrinsic melt value, multiply this silver content by the current silver spot price, which fluctuates daily. Therefore, even a well-worn 1967 half dollar retains value tied directly to the global silver market.

The Role of Condition

Beyond the intrinsic silver value, a coin’s condition significantly affects its numismatic appeal and market price. Collectors often categorize coins using terms like “Good,” “Fine,” “Extremely Fine,” “About Uncirculated,” and “Uncirculated.” These grades reflect the amount of wear and preservation a coin exhibits, with uncirculated coins showing no signs of having been used in commerce.

A 1967 half dollar in “Good” or “Fine” condition shows considerable wear and is primarily valued for its silver content. Coins graded “Extremely Fine” or “About Uncirculated” display lighter wear, usually only on the highest points, and may retain some original mint luster. Only uncirculated coins typically command a premium substantially above their melt value.

Identifying Rare Varieties and Errors

While most 1967 half dollars are relatively common due to high mintage numbers, some specimens can be more valuable due to rare varieties or minting errors. A “variety” refers to a coin that differs from the standard issue due to a die variation, such as a doubled die where the design elements appear duplicated. “Errors” are anomalies that occur during the minting process, like off-center strikes or planchet errors.

Errors or rare varieties on a 1967 half dollar are uncommon and require expert authentication. If you suspect your coin has an unusual characteristic, seek a professional opinion, as such finds can increase a coin’s desirability to collectors.

Determining and Realizing Value

To ascertain the specific value of your 1967 half dollar, consulting reputable coin price guides is a practical initial step. These guides, available online or in print, list estimated values for coins across various grades. It is important to remember that these published values typically represent retail prices, which differ from the amount a dealer might offer.

For a more precise valuation, especially for coins suspected of being in high grades or having rare attributes, consider a professional appraisal. Local coin dealers can provide immediate, informal assessments and often offer to purchase coins. For definitive grading and authentication, submission to a professional coin grading service, such as PCGS or NGC, is an option. These services encapsulate the coin in a tamper-evident holder with a certified grade, enhancing its market liquidity and buyer confidence.

The cost for professional grading varies significantly, depending on the coin’s value and desired turnaround time. Therefore, professional grading is usually cost-effective only for coins likely worth hundreds or thousands of dollars. When ready to sell, options include local coin dealers, online marketplaces, or auction houses. Each venue has its own advantages and disadvantages regarding convenience, potential selling price, and fees.