The 1998-S Kennedy Half Dollar stands out as a remarkable piece in numismatic circles, especially the Special Mint Set (SMS) version with its distinctive matte finish. This coin has garnered significant attention from collectors and investors due to its rarity, unique characteristics, and substantial market value.
Overview of the 1998-S Kennedy Half Dollar
The Kennedy Half Dollar series, introduced in 1964 to honor President John F. Kennedy, has seen various editions over the years. Among these, the 1998-S stands out, particularly the SMS matte finish variant, which was part of a special collector’s set.
Key Features and Specifications
| Feature | Details |
|---|---|
| Year of Issue | 1998 |
| Mint Mark | S (San Francisco) |
| Finish | Matte (Special Mint Set) |
| Composition | 90% Silver, 10% Copper |
| Weight | 12.50 grams |
| Diameter | 30.61 mm |
| Mintage | Approximately 62,000 coins |
| Original Issue Price | $59.95 (as part of the two-coin Kennedy Collector’s Set) |
Rarity and Mintage
The 1998-S Kennedy Half Dollar with the matte finish was exclusively available through the Kennedy Collector’s Set, which also included an uncirculated Robert F. Kennedy Silver Dollar. With a limited mintage of about 62,000 coins, this edition is among the scarcest in the Kennedy Half Dollar series, significantly enhancing its desirability among collectors.
Market Value and Investment Potential
The value of the 1998-S Kennedy Half Dollar varies based on its condition and the prevailing market demand. Coins in average condition typically range from $100 to $140. However, high-grade specimens, especially those graded PR69 or PR70, can command prices upwards of $1,500, particularly when accompanied by original packaging and certification.
It’s noteworthy that certain rare variants of the Kennedy Half Dollar series have fetched substantial sums at auctions. For instance, a 1964 Special Mint Set Kennedy Half Dollar sold for $47,000 in 2016.
Factors Influencing Value
Several factors contribute to the value of the 1998-S Kennedy Half Dollar:
- Condition (Grade): Coins with higher grades, indicating minimal wear and superior luster, are more valuable.
- Rarity: The limited mintage of approximately 62,000 coins enhances its scarcity.
- Market Demand: Collector interest and market trends can significantly influence prices.
- Original Packaging: Coins accompanied by their original collector’s set packaging and certification often command higher prices.
Collecting the 1998-S Kennedy Half Dollar
For enthusiasts looking to add this coin to their collection, consider the following:
- Authentication: Ensure the coin is certified by reputable grading services to verify its authenticity and condition.
- Market Research: Stay informed about current market trends and recent auction results to gauge fair pricing.
- Preservation: Maintain the coin in optimal conditions, preferably in its original packaging, to preserve its value.
The 1998-S Kennedy Half Dollar, particularly the SMS matte finish variant, represents a unique blend of historical significance and numismatic rarity. Its limited mintage and distinctive features make it a coveted piece among collectors. With market values reaching impressive heights, it stands as a testament to the enduring allure of rare coinage.
FAQs
What makes the 1998-S Kennedy Half Dollar unique?
The 1998-S Kennedy Half Dollar is notable for its matte finish, limited mintage of approximately 62,000 coins, and its inclusion in the special Kennedy Collector’s Set.
How can I determine the value of my 1998-S Kennedy Half Dollar?
The value depends on factors like condition, rarity, and market demand. Consulting recent auction results and seeking appraisal from reputable coin dealers can provide accurate valuations.
Where can I purchase a 1998-S Kennedy Half Dollar?
These coins can be found through coin dealers, online auctions, and numismatic shows. Ensure authenticity by purchasing from reputable sources.
