The 1983-D Kennedy Half Dollar is a fascinating coin that holds appeal for collectors due to its limited availability and unique characteristics. While millions of these coins were struck by the United States Mint, they were never widely circulated, making them valuable to collectors today. This article will provide an easy-to-understand guide on the 1983-D Kennedy Half Dollar, its value, design features, and what makes it special in the world of coin collecting.
History of the 1983-D Kennedy Half Dollar
The 1983-D Kennedy Half Dollar was produced at the United States Mint in Denver, with a total mintage of 32,472,244 coins. However, these half dollars were not commonly seen in everyday transactions. This was because the Mint had stopped making large numbers of half dollars for regular circulation, and most people were not using them in their daily lives. As a result, Kennedy Half Dollars became rare in pocket change, and many collectors began to hoard them.
By the early 1980s, the United States Mint stopped producing enough half dollars for commercial use. In 2002, the Mint only produced Kennedy Half Dollars for collectors, and they were not seen in circulation again until 2021. Because of this, the 1983-D Kennedy Half Dollar became a sought-after coin among numismatists, especially in uncirculated or mint condition.
Design Changes in the 1983-D Kennedy Half Dollar
One of the key features of the 1983-D Kennedy Half Dollar is a subtle design change. For the first time, the date and inscriptions on the coin were moved further away from the edge of the coin. This small modification was part of the Mint’s effort to improve the appearance of the half dollar series.
Obverse (Front) Design
The front of the Kennedy Half Dollar shows a portrait of President John F. Kennedy. He was the 35th president of the United States and was assassinated in 1963. The design of the coin was created by Gilroy Roberts, the Chief Engraver at the U.S. Mint at the time. The word “LIBERTY” is shown at the top of the coin, and the date “1983” is at the bottom. The motto “IN GOD WE TRUST” is placed above Kennedy’s neck, while the mintmark “D” is on the right side of his neck.
Reverse (Back) Design
The back of the 1983-D Kennedy Half Dollar features a heraldic eagle, which represents the strength of the United States. The eagle holds an olive branch in one claw and arrows in the other, symbolizing peace and war. Above the eagle’s head is the motto “E PLURIBUS UNUM,” meaning “Out of many, one.” The coin also features 50 stars, representing the 50 states, and the words “UNITED STATES OF AMERICA” and “HALF DOLLAR.”
Edge of the Coin
The edge of the 1983-D Kennedy Half Dollar is reeded, which means it has small grooves along the edge.
How Much Is the 1983-D Kennedy Half Dollar Worth?
The 1983-D Kennedy Half Dollar is not rare, but its value can increase significantly if it is in excellent condition. If the coin is in Uncirculated or Mint State condition, it can be worth more than its face value of 50 cents. In fact, some higher-quality coins have been sold for hundreds of dollars in online auctions. A top-graded coin, graded MS68 by PCGS, sold for a high price of $4,230 in 2016. However, most 1983-D Kennedy Half Dollars in average condition are only worth around $1 or so.
Coins that have special features, such as toning or unique marks, may also be valued differently by collectors. For example, toned coins with a special color or appearance have sold for around $3 in auctions.
Market Trends and Noteworthy Sales
Over the years, certain examples of the 1983-D Kennedy Half Dollar have been sold for significant amounts. For instance, a coin with a PCGS MS68 grade sold for $4,230 at an auction in 2016. Other high-grade specimens are also frequently sold on websites like eBay, where collectors can find coins in good condition for around $1 to $3, depending on their appearance.
Who Designed the Kennedy Half Dollar?
The Kennedy Half Dollar’s design was created by two U.S. Mint engravers: Gilroy Roberts and Frank Gasparro. Roberts designed the obverse (front) side of the coin, which features President Kennedy’s portrait. Gasparro, who was the Mint’s Chief Engraver after Roberts, designed the reverse (back) side, which shows the eagle. Both designers are well-known for their contributions to U.S. coin design.
Conclusion: Why Collect the 1983-D Kennedy Half Dollar?
The 1983-D Kennedy Half Dollar remains an important coin for collectors due to its unique design changes and relatively low mintage. While it may not be rare in the traditional sense, coins in excellent condition can command higher prices in the market. If you are a coin collector or just getting started, the 1983-D Kennedy Half Dollar is a great addition to your collection. Whether you’re looking for a piece of U.S. history or just an interesting coin, this half dollar offers a lot of value for enthusiasts.