Who (else) hoards Kennedy half dollars?

Myra Bronstein · December 3, 2006

Anyone here save Kennedy half dollars?

I just find it kinda interesting that they couldn't get enough in circulation, supposedly because the President was so beloved. Yet they slowed down production of them. It's probably just 'cause people don't like carrying coins bigger than the quarter though. Probably no second agenda...

Anyone overseas ever see the Kennedy coins?

http://search.ebay.com/kennedy-half-dollar...rdsreturnedZ300

"The Kennedy half dollar replaced the Franklin half dollar within a year of the assassination of President John F. Kennedy. Ironically, the new Kennedy design caused the slow dissaperance of the half-dollar as a regular mainstream circulating coin, through a series of unrelated events. First, Collectors and even ordinary citizens hoarded the coins of 1964, due to the "new" design, & because President Kennedy was so beloved. In 1965 Silver was eliminated from other coin denominations ( dimes & quarters became copper-nickle clad), but silver remained in the half-dollar. The "older" Franklin halves of 90% silver were quickly removed from circulation by collectors and hoarders, and since the public now hoarded silver coins, most of the 90% silver 1964's, as well as the 40% silver composition 1965-1970 halves therefore saw little circulation as well. By time the Kennedy half dollar became "regular" copper-nickel clad in 1971, many banks, merchants were already used to no longer stocking and using the denomination as they were in the pre-1964 days, and the general public had the "collector's item" status of the coin firmly planted.. The half dollar has always circulated to some extent, but has yet to "bounce back" to the level of circulation it had in the years before 1964.

In 1975 and 1976, the bicentennial half dollar was minted showing Independence Hall on the reverse. All of the bicentennial halves are dated "1776–1976." Starting in 1977, the half dollar experienced a decline in use and mintage. By 2002, the coins were no longer minted for commercial use, but only in special mint rolls, mint sets, and proof sets for collectors."

http://en.wikipedia.org/wiki/Kennedy_half_dollar

Frank Agbat · December 3, 2006

Anyone here save Kennedy half dollars?
I just find it kinda interesting that they couldn't get enough in circulation, supposedly because the President was so beloved. Yet they slowed down production of them. It's probably just 'cause people don't like carrying coins bigger than the quarter though. Probably no second agenda...

Anyone overseas ever see the Kennedy coins?

http://search.ebay.com/kennedy-half-dollar...rdsreturnedZ300

"The Kennedy half dollar replaced the Franklin half dollar within a year of the assassination of President John F. Kennedy. Ironically, the new Kennedy design caused the slow dissaperance of the half-dollar as a regular mainstream circulating coin, through a series of unrelated events. First, Collectors and even ordinary citizens hoarded the coins of 1964, due to the "new" design, & because President Kennedy was so beloved. In 1965 Silver was eliminated from other coin denominations ( dimes & quarters became copper-nickle clad), but silver remained in the half-dollar. The "older" Franklin halves of 90% silver were quickly removed from circulation by collectors and hoarders, and since the public now hoarded silver coins, most of the 90% silver 1964's, as well as the 40% silver composition 1965-1970 halves therefore saw little circulation as well. By time the Kennedy half dollar became "regular" copper-nickel clad in 1971, many banks, merchants were already used to no longer stocking and using the denomination as they were in the pre-1964 days, and the general public had the "collector's item" status of the coin firmly planted.. The half dollar has always circulated to some extent, but has yet to "bounce back" to the level of circulation it had in the years before 1964.

In 1975 and 1976, the bicentennial half dollar was minted showing Independence Hall on the reverse. All of the bicentennial halves are dated "1776–1976." Starting in 1977, the half dollar experienced a decline in use and mintage. By 2002, the coins were no longer minted for commercial use, but only in special mint rolls, mint sets, and proof sets for collectors."

http://en.wikipedia.org/wiki/Kennedy_half_dollar

:rolleyes:

Funny you should mention this! I was just thinking about this the other day... I'm one of those people who have hoarded the JFK half dollars... I suspect my collection, such as it is, holds far more sentimental value than it does monetary, though. Oh well.

Terry Mauro · December 4, 2006

Anyone here save Kennedy half dollars?

I just find it kinda interesting that they couldn't get enough in circulation, supposedly because the President was so beloved. Yet they slowed down production of them. It's probably just 'cause people don't like carrying coins bigger than the quarter though. Probably no second agenda...

Anyone overseas ever see the Kennedy coins?

http://search.ebay.com/kennedy-half-dollar...rdsreturnedZ300

"The Kennedy half dollar replaced the Franklin half dollar within a year of the assassination of President John F. Kennedy. Ironically, the new Kennedy design caused the slow dissaperance of the half-dollar as a regular mainstream circulating coin, through a series of unrelated events. First, Collectors and even ordinary citizens hoarded the coins of 1964, due to the "new" design, & because President Kennedy was so beloved. In 1965 Silver was eliminated from other coin denominations ( dimes & quarters became copper-nickle clad), but silver remained in the half-dollar. The "older" Franklin halves of 90% silver were quickly removed from circulation by collectors and hoarders, and since the public now hoarded silver coins, most of the 90% silver 1964's, as well as the 40% silver composition 1965-1970 halves therefore saw little circulation as well. By time the Kennedy half dollar became "regular" copper-nickel clad in 1971, many banks, merchants were already used to no longer stocking and using the denomination as they were in the pre-1964 days, and the general public had the "collector's item" status of the coin firmly planted.. The half dollar has always circulated to some extent, but has yet to "bounce back" to the level of circulation it had in the years before 1964.

In 1975 and 1976, the bicentennial half dollar was minted showing Independence Hall on the reverse. All of the bicentennial halves are dated "1776–1976." Starting in 1977, the half dollar experienced a decline in use and mintage. By 2002, the coins were no longer minted for commercial use, but only in special mint rolls, mint sets, and proof sets for collectors."

http://en.wikipedia.org/wiki/Kennedy_half_dollar

Funny you should mention this! I was just thinking about this the other day... I'm one of those people who have hoarded the JFK half dollars... I suspect my collection, such as it is, holds far more sentimental value than it does monetary, though. Oh well.

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"Anyone here save Kennedy half dollars?"

My Dad, of course, along with the Silver Certificates that used to be our paper currency before it became known as Federal Reserve Notes. He hoarded silver quarters and dimes, and gave silver dollars to us kids, and his nieces and nephews, at Christmas. I believe my younger brother Steven, who was the executor of my Dad's estate, now has most of the quality items of my father's collection in his possession.