The Kennedy Half Dollar is one of the most collected U.S. coins, introduced in 1964 to honor President John F. Kennedy. While many people assume all Kennedy half dollars contain silver, the reality is that the U.S. Mint gradually reduced and eventually eliminated silver content from these coins over time.
So, which Kennedy half dollars are silver? This historical guide will walk you through the years, silver content, and what makes certain issues more valuable.
The Kennedy Half Dollar has gone through three distinct metal compositions:
Each period affected the coin’s intrinsic value, making pre-1971 Kennedy half dollars significantly more valuable than modern ones.
The first year of issue (1964) is the only year Kennedy half dollars were made of 90% silver for regular circulation.
Well-preserved or high-grade uncirculated examples can be worth $20–$100+, depending on condition and grading.
In 1965, the U.S. Mint reduced the silver content from 90% to 40% due to rising silver prices and a national coin shortage. The 1965–1970 Kennedy half dollars are still collectible and valuable, but their silver content is significantly lower.
While these 40% silver Kennedy half dollars were still hoarded, they are more common than the 1964 version, making them slightly less valuable.
In 1971, the U.S. Mint completely removed silver from circulating Kennedy half dollars, transitioning to copper-nickel clad coins. These coins are only worth face value (50 cents) unless they are in high-grade uncirculated condition or proof versions.
However, some special silver issues were made after 1971:
1964 (90% Silver) – Most valuable regular-issue Kennedy half dollar.
1965–1970 (40% Silver) – Still valuable, but worth less than the 1964 version.
1971–Present (No Silver) – Regular circulation coins contain no silver (except for special collector versions).
1976 Bicentennial (40% Silver, "S" Mint Mark Only) – Special silver-clad issue for collectors.
1992–2018 Silver Proofs (90% Silver) – Collector-only silver proof sets.
2021-P Silver Kennedy (99.9% Silver) – A unique 1-ounce silver version for collectors.
If your Kennedy half dollar was minted after 1970 and does not have an “S” mint mark from a proof set, it likely contains no silver and is worth face value.
If you own a Kennedy half dollar and want to check its value, follow these steps:
If you’re looking to sell your silver Kennedy half dollars, consider:
For rare or proof Kennedy half dollars, having them professionally graded (PCGS or NGC) may significantly increase their value.
Kennedy half dollars minted in 1964 contain 90% silver, making them the most valuable standard issue. Coins minted between 1965 and 1970 contain 40% silver, and after 1970, silver was only used in special collector editions (such as the 1976 Bicentennial, 1992+ Silver Proofs, and the 2021-P Silver Kennedy).
If you own a Kennedy half dollar from before 1971, it’s likely worth more than face value due to its silver content. Checking mint marks, weight, and condition can help determine whether you have a high-value collector’s item or a standard silver melt-value coin.