Special Mint Set is the absence of the “S” mintmark. Even though the coins were produced at the San Francisco Assay Office, no mintmark appears. This was done deliberately to discourage hoarding and confusion during the transition to lower silver content coins.
High-Quality Specimen Strike
The coins in the Special Mint Set are not quite Proofs but are definitely a step above regular circulation coins. The half dollar has a smooth, satin-like finish with sharp details. However, due to production methods, minor contact marks can still be present, making perfect examples rare and valuable.
Detailed Look at the Design
Obverse – President Kennedy’s Portrait
Gilroy Roberts, who also designed President Kennedy’s inaugural medal, crafted the obverse. The design features a left-facing profile of JFK, with the word “LIBERTY” above, slightly covered by Kennedy’s hair. Below the neck truncation is the year 1965, and the motto “IN GOD WE TRUST” runs across, split by the portrait.
Half Dollar Special Mint Set: A Collector’s Guide
The 1965 Kennedy Half Dollar Special Mint Set is a coin collector’s favorite, not only for its beautiful design but also for its fascinating history. Released during a pivotal shift in U.S. coin production, this set tells the story of changing times and evolving monetary policies. With reduced silver content and unique striking methods, it holds a special place in the hearts of numismatists.
In this guide, we’ll take a closer look at the origins, design, significance, and collector’s value of the 1965 Kennedy Half Dollar Special Mint Set. Whether you’re a seasoned coin enthusiast or new to the hobby, you’ll find everything you need to know about this set right here.
Quick Overview
| Details | Information |
| Year Released | 1965 |
| Denomination | 50 Cents (Half Dollar) |
| Mintmark | None (Struck in San Francisco) |
| Total Sets Produced | 2,830,000 |
| Metal Composition | 40% Silver, 60% Copper |
| Weight of Half Dollar | 11.50 grams |
| Diameter of Half Dollar | 30.61 mm |
| Edge Style | Reeded |
| Obverse Designer | Gilroy Roberts |
| Reverse Designer | Frank Gasparro |
| Strike Type | Specimen Strike (SMS) |
| Original Sale Price | $4 |
| Current Market Price | Around $10 (varies by condition) |
The Backstory: Why the Special Mint Set Was Created
In the early 1960s, silver demand skyrocketed worldwide, with industries consuming more silver than ever before. American silver coins quickly became more valuable for their metal content than their actual face value. As people rushed to hoard silver coins, the U.S. Mint faced a serious problem—coins were disappearing from circulation.
To tackle the crisis, Congress passed the Coinage Act of 1965. This law removed silver entirely from dimes and quarters and reduced the silver percentage in half dollars from 90% to 40%. The act also allowed the Mint to produce coins without mintmarks, making it harder for people to distinguish and hoard them.
The traditional Proof Sets and Uncirculated Mint Sets were temporarily suspended. Instead, collectors were offered something new: the Special Mint Sets, featuring coins with better-than-average strikes, including the highly regarded 1965 Kennedy Half Dollar Special Mint Set.
What Makes the 1965 Kennedy Half Dollar Special Mint Set Unique?
Struck Without a Mintmark
One interesting feature of the 1965 Kennedy Half Dollar
Reverse – The Presidential Seal
Frank Gasparro’s reverse design showcases the presidential coat of arms. A heraldic eagle holds arrows in one talon and an olive branch in the other, symbolizing both military strength and peace. Surrounding the eagle is a ring of 50 stars representing the states, and inscriptions of “UNITED STATES OF AMERICA” and “HALF DOLLAR” frame the outer edge.
Why Collectors Love the 1965 Kennedy Half Dollar Special Mint Set
Here’s why this set continues to capture attention:
- Historic Value: This was the first time the half dollar’s silver content was reduced, marking a major shift in U.S. coinage.
- Limited Availability: Although millions were produced, far fewer sets exist in pristine condition today, making high-quality examples desirable.
- Unique Appearance: The Specimen Strike gives the coin an appealing shine, bridging the gap between circulation and Proof coins.
- No Mintmark Mystery: The decision to omit mintmarks makes this set stand out from other coins of the era.
Recent Market Trends & Auction Highlights
While the average 1965 Kennedy Half Dollar Special Mint Set can be found for around $10, certain graded examples sell for much higher. Coins with Cameo (frosted design) or Deep Cameo (ultra-contrast) finishes attract premium prices.
Notable Sales:
- NGC MS68UCAM specimen sold for $19,800 in 2021.
- PCGS SP67DCAM coins often sell between $3,000 and $5,000.
- Many mid-grade Deep Cameo coins have fetched over $2,000 at major auctions.
Condition, certification, and cameo quality are the key factors influencing price.
Tips for Collecting the 1965 Kennedy Half Dollar Special Mint Set
Here are some simple pointers if you’re considering adding one to your collection:
- Stick with Original Packaging: Sets in their original government-issued packaging tend to be more valuable.
- Look for Cameo Coins: Coins with clear frosted designs are rare and sell for more.
- Consider Professional Grading: Graded coins offer verified authenticity and condition.
- Avoid Cleaning: Cleaning or polishing can reduce the coin’s value significantly.
- Watch Auction Listings: High-grade examples often appear at top auction houses like Heritage or Stack’s Bowers.
FAQs
Why is there no mintmark on the 1965 Kennedy Half Dollar Special Mint Set coin?
The mintmark was deliberately removed to discourage hoarding and confusion during the silver transition period.
How much silver is in the 1965 Kennedy Half Dollar Special Mint Set coin?
Each half dollar contains 40% silver and 60% copper.
Is the 1965 Kennedy Half Dollar Special Mint Set rare?
While millions were produced, coins in pristine condition with Cameo features are considered rare and valuable.
What’s the difference between this set and a Proof Set?
The Special Mint Set coins are better struck than circulation coins but not as polished as Proof coins.
How much is a typical 1965 Kennedy Half Dollar Special Mint Set worth today?
On average, the full set sells for about $10, though rare, high-grade coins can sell for thousands.
Final Thoughts
The 1965 Kennedy Half Dollar Special Mint Set is more than just another coin set—it’s a reflection of a turning point in American currency history. Whether you’re drawn to its unique silver content, striking design, or historical significance, it’s a must-have for serious collectors. Have one in your collection already? Feel free to share your thoughts or check out more guides to expand your numismatic journey!
