The value of a 1965 Kennedy half dollar depends primarily on its condition and composition. Half dollars from this year were minted in both 90% silver and 40% silver clad varieties. A typical circulated 40% silver example is worth slightly more than its face value of $0.50, generally around $0.75 to $1.00. However, uncirculated examples in mint state can command significantly higher prices. 1965 half dollars containing 90% silver are considerably more valuable, with their worth tied directly to the fluctuating market price of silver. Numismatic value, based on rarity and specific mint marks (like a proof coin), can further increase the price.
Understanding the factors that determine the value of these coins is crucial for both collectors and individuals who may unknowingly possess them. The 1965 half dollar represents a transitional period in United States coinage, marking the shift from silver to clad composition. This historical context, coupled with the enduring popularity of the Kennedy design, contributes to the sustained interest in these coins. Accurate valuation allows for informed decisions regarding buying, selling, and appreciating these pieces of American history.