Collecting coins is not only a fascinating hobby but can also be a lucrative investment. Some coins, due to their rarity and unique features, have values that soar into the hundreds of thousands of dollars.
In this article, we’ll delve into the specifics of the $100,000 Kennedy Half Dollar and highlight four other rare coins that every collector should be on the lookout for.
1. The $100,000 Kennedy Half Dollar
The 1964 Kennedy Half Dollar holds a special place in numismatic history. Released shortly after President John F. Kennedy’s assassination, this coin became an instant collector’s item.
While millions were minted, certain variations are exceedingly rare and valuable.
- Accented Hair Variety: Early proofs of the 1964 Kennedy Half Dollar featured a distinctive “accented hair” design, with more pronounced hair above Kennedy’s ear. Approximately 100,000 of these were minted before the design was altered, making them highly sought after by collectors.
- Special Mint Set (SMS) Versions: A few 1964 Kennedy Half Dollars were struck with a unique satin finish, known as Special Mint Set coins. These are exceptionally rare, with only a handful known to exist. In 2016, one such coin sold for $47,000.
How to Identify
- Accented Hair: Look for the enhanced hair detail above the ear and a missing serif on the “I” in “LIBERTY.”
- SMS Version: These coins exhibit a satin finish with sharp details and lack the usual mint marks.
2. 1970-D Kennedy Half Dollar
The 1970-D Kennedy Half Dollar is notable for its limited mintage, as it was not released for general circulation but only available in mint sets. This scarcity has made it a prized piece among collectors.
Value: Depending on condition, these coins can fetch between $100 and $500.
How to Identify
- Mint Mark: Locate the “D” mint mark on the obverse side, below Kennedy’s neck.
- Condition: Coins in uncirculated condition with original luster are more valuable.
3. 1969-S Lincoln Cent with Doubled Die Obverse
This particular Lincoln Cent is renowned for its prominent doubling on the obverse side, especially noticeable on the date and the inscription “LIBERTY.”
Value: High-grade examples have been known to sell for over $50,000.
How to Identify
- Doubled Die: Examine the obverse for clear doubling on the date and lettering.
- Mint Mark: The “S” mint mark indicates it was minted in San Francisco.
4. 1972 Type 2 Eisenhower Dollar
The 1972 Eisenhower Dollar has three distinct reverse designs, with Type 2 being the rarest. This version features a more detailed and accurate depiction of the Earth above the eagle.
Value: Depending on condition, Type 2 coins can range from $100 to over $1,000.
How to Identify
- Reverse Design: Look for the more detailed Earth with discernible islands beneath Florida.
- Mint Mark: Typically found above the date on the obverse.
5. 1913 Liberty Head Nickel
One of the most famous rarities in American coinage, only five specimens of the 1913 Liberty Head Nickel are known to exist. Its mysterious origins and extreme scarcity make it a coveted piece.
Value: These coins have fetched prices upwards of $4.5 million at auction.
How to Identify
- Date: The coin should bear the year 1913.
- Design: Features Lady Liberty on the obverse and a “V” (Roman numeral for five) on the reverse.
Summary Table of Rare Coins
| Coin | Notable Features | Estimated Value |
|---|---|---|
| 1964 Kennedy Half Dollar | Accented Hair; SMS Version | Up to $100,000 |
| 1970-D Kennedy Half Dollar | Limited mintage; “D” mint mark | $100 – $500 |
| 1969-S Lincoln Cent | Doubled Die Obverse; “S” mint mark | Over $50,000 |
| 1972 Type 2 Eisenhower Dollar | Detailed Earth on reverse; No mint mark | $100 – $1,000+ |
| 1913 Liberty Head Nickel | Only five known; 1913 date | Up to $4.5 million |
The world of coin collecting is filled with hidden treasures waiting to be discovered.
By familiarizing yourself with the unique characteristics of these rare coins, you enhance your chances of spotting one in your collection or even in everyday transactions.
Always handle coins carefully and consider professional grading to accurately determine their value. Happy hunting!
FAQs
How can I get my coin professionally graded?
You can submit your coin to reputable grading services like the Professional Coin Grading Service (PCGS) or Numismatic Guaranty Corporation (NGC) for evaluation.
Are all 1964 Kennedy Half Dollars valuable?
While many were minted, specific varieties like the Accented Hair or SMS versions are particularly valuable.
What is a doubled die coin?
A doubled die coin exhibits duplicated design elements due to a misalignment during the minting process, making it a sought-after error among collectors.
Where can I sell my rare coins?
You can sell rare coins through auctions, reputable coin dealers, or online platforms specializing in numismatics. Ensure you have a professional appraisal before selling.