Sixty years ago, on March 24, 1964, the Kennedy half dollar was officially released into circulation. This coin has become a well-known part of American history and is commonly found in coin collections from the mid-20th century. When it first came out, people eagerly sought it for their collections.
The Origin of the Kennedy Half Dollar
The story of the Kennedy half dollar began shortly after the tragic assassination of President John F. Kennedy on November 22, 1963. Gilroy Roberts, the U.S. Mint’s Chief Engraver, was notified by Mint Director Eva Adams that there were plans to create a new coin to honor the late president. They decided to replace the older half dollar design with a new one featuring Kennedy.
The Design Process
The decision to feature Kennedy on the half dollar was made quickly. Just days after Kennedy’s death, the design process began. On December 10, 1963, President Lyndon B. Johnson signed legislation to authorize the new coin, which became law only a few weeks later.
Jacqueline Kennedy’s Influence
Jacqueline Kennedy, the former First Lady, was involved in the design process. She reviewed the initial designs and suggested a change: she wanted Mint artists to make Kennedy’s hair look a little messier. The artists made the requested changes, and new test strikes were presented to the Treasury Secretary just before the coins were released.
Production and Release Timeline
The Denver Mint began making the first Kennedy half dollars on January 30, 1964. These coins were shipped to the Federal Reserve Bank on March 6, 1964, and they were finally released to the public on March 24, 1964. This timeline shows how quickly the government wanted to honor Kennedy after his untimely death.
| Date | Event |
|---|---|
| November 22, 1963 | Assassination of President Kennedy |
| December 10, 1963 | Johnson signs legislation for the coin |
| January 30, 1964 | First coins produced at the Denver Mint |
| March 6, 1964 | First shipments to the Federal Reserve |
| March 24, 1964 | Official release of the Kennedy half dollar |
Popularity and Collectibility
The Kennedy half dollar quickly became popular among coin collectors and the general public. It represented more than just a denomination of currency; it was a tribute to a beloved president. Many people started to save these coins, leading to their common presence in coin collections.
Conclusion
The Kennedy half dollar is a significant piece of American history that honors the legacy of President John F. Kennedy. Its design and quick release were influenced by the emotions surrounding Kennedy’s assassination. Over the past 60 years, this coin has remained a popular collectible item. The story behind the Kennedy half dollar highlights how important figures in history can be remembered through everyday objects like coins. Today, collectors still value the Kennedy half dollar, making it a lasting symbol of an era that impacted the United States.
FAQ’s
What is the Kennedy Half Dollar?
The Kennedy Half Dollar is a U.S. coin that features President John F. Kennedy. It was released in 1964.
Why was the Kennedy Half Dollar created?
It was created to honor President Kennedy after his assassination in 1963.
When was the Kennedy Half Dollar first released?
The Kennedy Half Dollar was officially released on March 24, 1964.
Who designed the Kennedy Half Dollar?
The coin was designed by Gilroy Roberts, the Chief Engraver of the U.S. Mint.
Is the Kennedy Half Dollar still in circulation today?
Yes, the Kennedy Half Dollar is still minted, but it is less commonly used in everyday transactions.