The 1968 Kennedy half dollar is an interesting coin for collectors and silver investors alike. Struck just a few years after the tragic assassination of President John F. Kennedy, this coin holds both historical and intrinsic value. Let’s break down its silver content, varieties, and collector demand so you can determine how much your 1968 half dollar is worth today.
Quick Facts About the 1968 Half Dollar
- Designer: Gilroy Roberts (obverse) & Frank Gasparro (reverse)
- Composition: 40% silver, 60% copper
- Weight: 11.5 grams
- Diameter: 30.6 mm
- Mint Marks: “D” (Denver), “S” (San Francisco Proof)
Is the 1968 Half Dollar Made of Silver?
Yes. Unlike the 1964 Kennedy half dollar, which was struck in 90% silver, the 1968 version contains 40% silver. These coins were part of the U.S. Mint’s transition away from circulating silver coinage, but they still hold intrinsic value due to their bullion content.
1968 Half Dollar Value by Condition
| Condition | 1968-D | 1968-S Proof |
|---|---|---|
| Circulated | $4 – $6 | — |
| Uncirculated (MS60–MS63) | $8 – $15 | $10 – $20 |
| High Grade (MS65+) | $30 – $75+ | $40 – $100+ |
Proof Coins from San Francisco
In 1968, proof Kennedy half dollars were struck at the San Francisco Mint for the first time, identified with an “S” mint mark. These proof coins often feature deep cameo contrasts and are highly collectible. A pristine Proof-65 or higher can command $40–$100, with rare deep cameo examples fetching even more.
Mint Errors and Rarities
While most 1968 half dollars are common, certain mint errors can increase value. Look out for double dies, off-center strikes, or coins with strong cameo proof finishes. Collectors often pay premiums for these unusual varieties.
Silver Melt Value
Since the 1968 Kennedy half dollar contains 40% silver, its melt value fluctuates with silver prices. As of today, its silver content is worth around $2–$3, which sets the baseline for even the most circulated examples.
Should You Sell or Keep a 1968 Half Dollar?
If your coin is a common circulated piece, its value will mostly track silver bullion prices. However, high-grade uncirculated coins, proof strikes, or rare error coins should be considered collectible and may be worth holding or grading before selling.
Frequently Asked Questions
1. How much is a 1968 half dollar worth today?
The 1968 Kennedy half dollar is generally worth around $4–$6 in average circulated condition, mainly for its silver content. Higher-grade and proof coins can be worth more.
2. Is the 1968 half dollar made of silver?
Yes. The 1968 half dollar contains 40% silver, unlike earlier Kennedy halves (1964) which had 90% silver.
3. What makes a 1968 half dollar valuable?
Besides silver value, rare mint errors, coins in high uncirculated grades, or proof issues with cameo contrast can sell for much higher prices.
4. Where was the 1968 half dollar minted?
Most were minted at the Denver Mint and carry a “D” mint mark. Proof coins were struck in San Francisco and show an “S” mint mark.
5. Should I keep or sell my 1968 half dollar?
If it’s a common circulated piece, its value will mostly track silver prices. High-grade coins or proofs may be worth holding for collectors.
References
- U.S. Mint Official Records – United States Mint
- NGC Coin Price Guide – NGC Price Guide
- PCGS Coin Facts – PCGS CoinFacts
- Kitco Silver Prices – Kitco
