The 1976-S Kennedy Half Dollar is more than just a piece of American currency; it’s a symbol of history and a prized item for coin collectors. Released to celebrate the United States Bicentennial, this coin stands out with its unique dual date of 1776-1976 and its partial silver composition. Its striking design and historical significance make it a fascinating subject for anyone interested in numismatics.
In this guide, we’ll explore the history, design, and current market value of the 1976-S Kennedy Half Dollar. We’ll also discuss tips for collecting this coin, notable specimens, and what makes it valuable. Whether you’re a seasoned collector or just getting started, this article will help you understand why this coin is a must-have for your collection.
Overview Table: 1976-S Kennedy Half Dollar Key Facts
| Feature | Details |
| Years of Issue | 1975-1976 |
| Mintmark | S (San Francisco) |
| Composition | 40% Silver, 60% Copper |
| Weight | 11.5 grams |
| Diameter | 30.60 mm |
| Mintage Estimate | 11,000,000 (Business Strikes) and 4,000,000 (Proof Strikes) |
| Designers | Obverse: Gilroy Roberts, Reverse: Seth Huntington |
| Edge Type | Reeded |
| Current Market Value | $10-$20 (MS65-MS66), Over $100 (MS68+), Up to $5,242.50 (MS69) |
| Notable Feature | Dual date (1776-1976) to mark the Bicentennial celebration |
The Origins of the 1976-S Kennedy Half Dollar
The 1976-S Kennedy Half Dollar was born from America’s desire to celebrate its 200th anniversary of independence. As part of this celebration, Congress authorized the U.S. Mint to produce special Bicentennial coins, including silver-clad versions of the quarter, half dollar, and dollar. The decision to use 40% silver for these coins was a nod to previous silver issues, providing a collectible appeal without fully reverting to high silver content.
The San Francisco Assay Office was tasked with striking these coins, producing about 11 million business strikes and 4 million proof strikes. Despite this large mintage, many coins were melted down during the silver booms of the late 1970s and early 1980s, reducing their numbers in the market today.
Design and Symbolism
- Obverse: The front of the coin features a profile of President John F. Kennedy, designed by Gilroy Roberts. The design captures Kennedy’s legacy and the nation’s admiration following his tragic assassination in 1963. The inscriptions “LIBERTY,” “IN GOD WE TRUST,” and the dual date “1776-1976” frame the portrait, emphasizing the coin’s commemorative purpose.
- Reverse: The reverse, designed by Seth Huntington, showcases Independence Hall in Philadelphia. This historic building was where both the Declaration of Independence and the U.S. Constitution were signed, making it a powerful symbol of American freedom. Surrounding Independence Hall are the inscriptions “UNITED STATES OF AMERICA,” “HALF DOLLAR,” and “200 YEARS OF FREEDOM,” reinforcing the coin’s Bicentennial theme.
Why Collectors Love the 1976-S Kennedy Half Dollar
Collectors are drawn to the 1976-S Kennedy Half Dollar for several reasons:
- Silver Content: The 40% silver composition appeals to those who collect silver coins, offering a tangible investment in precious metals.
- Historical Significance: As a Bicentennial coin, it represents a pivotal moment in American history.
- Unique Design: The dual date and the depiction of Independence Hall make it a standout piece in any collection.
Mintage and Availability
Despite the initial high mintage, the Great Silver Melt significantly impacted the supply of the 1976-S Kennedy Half Dollar. During this period, many silver coins were melted for their bullion value as silver prices soared. As a result, high-grade specimens are relatively scarce today.
The coin was available both individually and as part of the Bicentennial Silver Uncirculated Set, which included a silver-clad quarter, half dollar, and dollar in a special red envelope. This set was a popular choice among collectors, helping to preserve many of these coins in pristine condition.
Market Value and Notable Sales
The value of a 1976-S Kennedy Half Dollar depends heavily on its grade and condition:
- MS65 to MS66: Typically sell for $10 to $20.
- MS67: Fetches around $35 due to the rarity of high-grade examples.
- MS68: Can command over $100 each.
- MS69: The rarest and most valuable, with prices reaching up to $5,242.50 and a record of $16,312.50 in 2023.
High-grade coins are scarce because of contact marks that often mar the surface, making pristine examples highly sought after.
Tips for Collecting the 1976-S Kennedy Half Dollar
- Focus on High Grades: Look for coins graded MS67 or higher for better long-term value.
- Original Packaging Matters: Coins in their original Bicentennial Silver Uncirculated Set packaging can fetch higher prices.
- Check for Varieties: Some coins feature a doubled die obverse variety, particularly on “WE TRUST,” which can significantly boost value.
Common Questions About the 1976-S Kennedy Half Dollar
1. Is the 1976-S Kennedy Half Dollar rare?
Not in general, but high-grade examples (MS68 and above) are considered rare and valuable.
2. Does it contain real silver?
Yes, it’s made of 40% silver, unlike regular Kennedy half dollars after 1971, which are copper-nickel clad.
3. How much is a 1976-S Kennedy Half Dollar worth today?
Depending on its condition, the coin’s value ranges from $10 to over $5,000.
4. Are proof strikes more valuable than regular strikes?
Yes, proof versions are usually more valuable due to their limited mintage and higher quality finish.
5. Can you still find these coins in circulation?
Unlikely. Most were quickly taken out of circulation by collectors, especially the silver-clad versions.
Final Thoughts
The 1976-S Kennedy Half Dollar is a remarkable coin that offers a mix of history, collectible appeal, and potential investment value. Its unique design, limited silver content, and Bicentennial significance make it a favorite among collectors. If you’re interested in American history or silver coins, this piece is a worthy addition to your collection. Feel free to share this article with fellow collectors or drop a comment below to share your thoughts on this iconic coin!