The 1968 American coin you’re referring to is likely the Kennedy Half Dollar, which contains 40% silver.
Key Details:
- Coin Type: Kennedy Half Dollar
- Composition: 40% silver, 60% copper. The total silver content is approximately 0.1479 troy ounces per coin.
- Diameter: 30.6 mm
- Weight: 11.5 grams
- Design:
- Obverse (Front): Features the profile of President John F. Kennedy, designed by Gilroy Roberts.
- Reverse (Back): Shows the Presidential Seal, with an eagle holding an olive branch and arrows, designed by Frank Gasparro.
- Mint Marks:
- The 1968 Kennedy Half Dollars were minted in Denver, this one has the D mark.
Background:
- Reason for 40% Silver Content: After the Coinage Act of 1965, the U.S. Mint reduced the silver content in half dollars from 90% to 40% as part of an effort to conserve silver. By 1971, the silver content was eliminated entirely from circulating half dollars.
Collectibility and Value:
- Condition: Coins in uncirculated or proof condition hold higher value, especially if they have minimal wear and strong details.
- Silver Value: The intrinsic value of the coin is partially tied to the current market price of silver.
- Rarity: While 1968 Kennedy Half Dollars are not particularly rare, those in pristine condition or with certain mint marks might be more valuable to collectors.
This coin is popular among collectors due to its silver content and historical significance.
