Imagine cleaning out an old garage, brushing past dusty boxes, and uncovering a coin that looks no different than any other. But upon closer inspection, you discover that this piece of metal isn’t just any coin—it could be worth more than $100,000. This exact scenario recently became real for one lucky individual who found a rare coin hiding in plain sight.
The focus of this article is the 1964 SMS Kennedy Half Dollar, one of the rarest coins ever released by the U.S. Mint. We’ll explore why this coin is so valuable, how it was discovered in a forgotten garage, what makes it unique, and how you can check if you might have one yourself. Even regular Kennedy half dollars from the 1960s can hold surprising value, making it a good time to start paying closer attention to your coin collection.
1964 SMS Kennedy Half Dollar
The 1964 SMS Kennedy Half Dollar is a coin that defies expectations. SMS stands for Special Mint Set, but the mystery lies in the fact that the U.S. Mint didn’t officially issue SMS coins in 1964. These coins are believed to have been experimental or presentation pieces, and fewer than 15 are known to exist today. This puts them in the same category of rarity as some of the most valuable coins ever discovered.
What sets these coins apart is their appearance. They have a soft satin-like finish, extremely sharp details, and squared rims—features not typically found on coins from that year. Because of this, even seasoned collectors sometimes overlook them. But if you find one, it could be worth anywhere from $50,000 to $150,000, depending on its condition and authenticity.
Overview Table
| Feature | Details |
| Coin Name | 1964 SMS Kennedy Half Dollar |
| Mint Type | Special Mint Set (unofficial, experimental) |
| Estimated Value | $50,000 to $150,000 |
| Number Known to Exist | Approximately 12 to 15 |
| Surface Finish | Satin-like, not shiny or dull |
| Key Details | Sharp design in hair and feathers, squared rims |
| Mint Mark | None (No mint mark under the eagle) |
| Authentication Needed | Yes (PCGS or NGC recommended) |
| Storage Tips | Handle by edges, store in dry, cool places |
What’s So Special About the 1964 SMS Kennedy Half Dollar?
The 1964 SMS Kennedy Half Dollar stands out because of how mysterious and rare it is. In 1964, the U.S. Mint had no official Special Mint Set program, yet a few coins with SMS characteristics were created. These pieces are believed to be experimental or test strikes, possibly made for internal use or presentation.
Unlike regular Kennedy half dollars, the SMS version has distinct features. The coin’s finish is neither shiny like a proof coin nor dull like a circulated one. It has a smooth, satin-like surface, sharp engraving details, and squared edges. These details make it immediately recognizable to experts and highly prized in the coin collecting world.
The Dusty Garage Discovery
Recently, one of these rare coins was found during a routine garage cleanup. Among a pile of old tools and paperwork, a small box of coins caught someone’s attention. One coin stood out for its smooth surface and unusual look.
After a bit of research and verification by professionals, the coin was confirmed to be a genuine 1964 SMS Kennedy Half Dollar. The estimated value? Between $50,000 and $150,000. This find turned a simple day of cleaning into a once-in-a-lifetime treasure discovery.
How to Identify a 1964 SMS Kennedy Half Dollar
Think you might have one of these rare coins? Here’s how to identify it:
- Surface Finish: It should have a satin-like texture, different from both proof and circulated coins.
- Detail Quality: Look closely at Kennedy’s hair and the eagle’s feathers—they should be sharply defined.
- Rims: The edges should appear square and cleanly cut, not rounded.
- Mint Mark: These coins have no mint mark beneath the eagle on the reverse side.
If your coin has all these features, it’s essential to have it authenticated immediately. Services like PCGS or NGC can confirm whether it’s genuine and provide a professional grade.
Other Kennedy Half Dollars You Should Check
Even if you don’t find a 1964 SMS version, there are other Kennedy Half Dollars that could be valuable. Here are a few examples:
- 1964 Regular Kennedy Half Dollar
- Composition: 90% silver
- Value: $10 to $50 depending on condition
- Composition: 90% silver
- 1964 Proof Kennedy Half Dollar
- Special Note: Made for collectors with high-shine finish
- Value: Up to $200 in top condition
- Special Note: Made for collectors with high-shine finish
- 1970-D Kennedy Half Dollar
- Composition: 40% silver
- Value: Around $50 to $100 if uncirculated
- Composition: 40% silver
- 1998-S Matte Proof Kennedy Half Dollar
- Feature: Matte finish instead of standard proof shine
- Value: $300 to $500 depending on grade
- Feature: Matte finish instead of standard proof shine
These coins might not be worth six figures, but they still offer strong value, especially if stored properly and well-preserved.
Why Are Coins Like These So Valuable?
The value of coins like the 1964 SMS Kennedy Half Dollar comes from more than just rarity. These coins represent a moment in U.S. history—created shortly after President John F. Kennedy’s assassination. That emotional and historical connection adds depth to their significance.
Additionally, factors such as low mintage, collector demand, unknown origin stories, and silver content make these coins highly collectible. Every detail—from finish to minting mystery—adds to their story and, in turn, their market value.
How to Protect Your Valuable Coins
If you’re lucky enough to own a coin that might be valuable, make sure to protect it properly:
- Handle with Care: Always hold coins by the edges to avoid oils and dirt from your fingers.
- Never Clean Them: Cleaning coins can actually lower their value dramatically.
- Use Safe Storage: Store them in coin holders or capsules in a dry, temperature-controlled place.
- Get Graded: Have rare finds graded by PCGS or NGC to confirm authenticity and increase market value.
These simple precautions can preserve your coin’s quality and ensure it remains a valuable investment.
Should You Start Checking Your Coins Now?
Yes—there’s never been a better time! With stories like the 1964 SMS Kennedy Half Dollar found in a dusty garage, many are realizing that hidden treasures could be sitting quietly in their homes. Old jars, inherited boxes, and forgotten drawers often contain coins that have been untouched for decades.
With rising silver prices and a growing interest in collectibles, checking your coins could pay off—literally. It takes just a few minutes, and you might find a valuable piece of history.
Final Thoughts
The discovery of a 1964 SMS Kennedy Half Dollar in an old garage proves that life-changing finds don’t only happen in museums or treasure hunts—they can happen right in your backyard. Whether you’re a seasoned collector or someone who’s just curious about coins, now’s the time to take a second look at what you own.
Your next coin find could be worth thousands, or even more. So go ahead—open that drawer, dust off that jar, and start your own treasure hunt today.
FAQs
Q1: What is a 1964 SMS Kennedy Half Dollar?
It’s a rare coin believed to have been made for experimental or limited presentation purposes, with only 12–15 known to exist.
Q2: How can I tell if I have a 1964 SMS Kennedy Half Dollar?
Look for a satin-like finish, sharp hair and feather details, square rims, and no mint mark under the eagle.
Q3: How much is a 1964 SMS Kennedy Half Dollar worth?
Depending on condition and grading, it can be worth between $50,000 and $150,000.
Q4: What should I do if I think I found a rare coin?
Handle it by the edges, avoid cleaning, store it properly, and get it professionally authenticated.
Q5: Are regular 1964 Kennedy Half Dollars valuable too?
Yes, especially those made of 90% silver. They can be worth $10 to $50, and proof versions can be valued up to $200.
