The 1998-S Kennedy Half Dollar stands out as a rare and valuable coin among collectors. Its unique characteristics and limited mintage have contributed to its esteemed status in the numismatic community.
In this article, we will delve into the specifics of this coin, exploring its history, features, and current market value.
Overview of the Kennedy Half Dollar Series
Introduced in 1964, the Kennedy Half Dollar was created to honor President John F. Kennedy following his assassination.
The coin features a portrait of Kennedy on the obverse and a depiction of the Presidential Seal on the reverse. Over the years, the series has seen various design changes and special editions, catering to both circulation and collector markets.​
The 1998-S Matte Finish Kennedy Half Dollar
In 1998, the U.S. Mint released a special edition of the Kennedy Half Dollar with a matte finish. This version was part of the “Kennedy Collector’s Set,” which also included a Robert F. Kennedy Silver Dollar.
The set was offered exclusively for a limited time, making the coins within particularly sought after by collectors.​
Key Features and Specifications
The 1998-S Matte Finish Kennedy Half Dollar possesses several distinguishing features:​
- Composition: 90% Silver, 10% Copper​
- Diameter: 30.6 mm​
- Weight: 12.5 grams​
- Edge: Reeded
- Mint Mark: ‘S’ for San Francisco​
Mintage Numbers and Rarity
The 1998-S Matte Finish Kennedy Half Dollar is notably rare due to its limited mintage. Approximately 62,000 to 64,000 coins were produced, making it the rarest of all Kennedy Half Dollars. This scarcity significantly enhances its appeal to collectors.​
Current Market Value
Due to its rarity and collector interest, the 1998-S Matte Finish Kennedy Half Dollar commands a substantial market value.
Depending on condition and certification, these coins can be valued at $7,000 or more. For example, a specimen graded SP70 by NGC has been listed for approximately $313.65. ​
Factors Influencing Value
Several factors influence the value of the 1998-S Kennedy Half Dollar:
- Condition: Coins in pristine condition (higher grades) are more valuable.​
- Certification: Coins graded by reputable services like NGC or PCGS tend to fetch higher prices.​
- Market Demand: Fluctuations in collector interest can affect pricing.​
The 1998-S Matte Finish Kennedy Half Dollar is a rare and valuable coin that holds a special place in numismatic history.
Its limited mintage, unique finish, and enduring appeal among collectors contribute to its impressive market value, making it a prized possession for both seasoned and novice coin enthusiasts.
FAQs
What is the difference between the matte finish and regular proof versions of the 1998-S Kennedy Half Dollar?
The matte finish version has a non-reflective surface with a frosted appearance, while regular proof versions have a mirror-like, shiny surface.
How can I verify the authenticity of my 1998-S Kennedy Half Dollar?
It’s recommended to have the coin professionally graded by services like NGC or PCGS, which authenticate and assign a condition grade.​
Are there any other valuable Kennedy Half Dollars?
Yes, other valuable editions include the 1964 Special Mint Set half dollar and certain high-grade 1964 issues.​
How should I store my Kennedy Half Dollar to preserve its condition?
Store the coin in a cool, dry place, preferably in a protective holder or capsule to prevent physical damage.​
