Sometimes, a simple mistake can turn into a life-changing discovery. This is precisely what happened when a woman, who thought she had found a mere token, actually held a rare and valuable Kennedy half dollar worth an astonishing $85,000. In this article, we will dive into the story behind this incredible find, explore why this coin is so valuable, and provide tips on how to identify similar treasures.
The Unexpected Discovery
One day, while cleaning out her old drawer, Mary Stevens, a retired school teacher from Texas, came across a peculiar coin. At first glance, she assumed it was just an old token and tossed it into a jar of miscellaneous coins. However, curiosity got the better of her, and she decided to take a closer look.
After examining the coin more carefully, she noticed it bore the image of John F. Kennedy, along with a date that seemed a bit unusual. Intrigued, she took the coin to a local numismatist, who delivered the shocking news: the coin was a rare 1964 Kennedy half dollar with a doubled die obverse—a mint error that made it extremely valuable.
What Makes This Coin So Valuable?
The Kennedy half dollar is a coin that was first minted in 1964, just months after President Kennedy’s assassination. While millions were produced, only a few contain the rare doubled die error, making them highly sought after by collectors.
Key Features of the Rare Kennedy Half Dollar
| Feature | Description |
|---|---|
| Year of Minting | 1964 |
| Error Type | Doubled die obverse |
| Metal Composition | 90% silver, 10% copper |
| Value Estimate | Up to $85,000 depending on condition |
| Identifying Marks | Doubled lettering and date, especially on “In God We Trust” |
Why Are Doubled Die Coins Valuable?
A doubled die coin occurs when a coin is struck with a die that has been accidentally impressed twice. This results in visible overlapping or doubling of letters, numbers, or images. Because these errors are rare, collectors are willing to pay a premium, especially if the coin is in good condition.
How to Check Your Coins
If you have Kennedy half dollars or any old coins at home, it is worth inspecting them carefully. Look for signs of doubling, unusual markings, or dates that seem out of the ordinary. If you suspect you have a rare coin, consulting with a professional numismatist can provide accurate information about its value.
Conclusion
Sometimes, what seems insignificant at first can turn out to be a treasure. Mary’s story serves as a reminder that old coins can hold immense value, both monetarily and historically. So, next time you come across an old coin, take a second look—you might just be holding a fortune.
FAQ’s
How can I tell if my coin has a doubled die error?
Look for doubled lettering, particularly in phrases like “In God We Trust” or the date.
Are all 1964 Kennedy half dollars valuable?
No, only those with mint errors like the doubled die obverse are significantly valuable.
Where can I sell a rare coin?
Consider contacting reputable coin dealers, auction houses, or online numismatic marketplaces.
How do I maintain my coins in good condition?
Store them in protective cases, avoid cleaning them, and keep them in a cool, dry place.
What other coins should I look out for?
Other valuable coins include the 1955 doubled die Lincoln cent and the 1972 doubled die Eisenhower dollar.
