How Much Silver is in a 1964 Half Dollar Coin-
How much silver is in a 1964 half dollar? This question is often asked by collectors and enthusiasts who are curious about the precious metal content of this classic coin. The 1964 half dollar, also known as the “Kennedy half dollar,” is a popular coin among collectors due to its historical significance and silver content. In this article, we will explore the silver content of the 1964 half dollar and discuss its value in today’s market.
The 1964 half dollar was the first year that the United States Mint produced the coin with a 40% silver composition. This change was made to honor President John F. Kennedy, who was assassinated in 1963. Prior to 1964, half dollars were made of 90% silver and 10% copper. The switch to 40% silver was a significant departure from the traditional composition, and it has made the 1964 half dollar a valuable coin in the eyes of collectors.
To determine how much silver is in a 1964 half dollar, we need to look at its composition. The coin contains 40% silver and 60% copper. Since the coin has a diameter of 30.61 millimeters and a thickness of 1.18 millimeters, we can calculate the weight of the silver content.
The weight of the silver in a 1964 half dollar is approximately 0.3617 troy ounces. This is derived from the fact that one troy ounce of silver is equal to 31.1035 grams. The coin’s diameter and thickness, combined with the silver content percentage, give us the following calculation:
Weight of silver = (0.40 31.1035 grams) / (30.61 millimeters 1.18 millimeters) = 0.3617 troy ounces
The value of the silver in a 1964 half dollar is determined by the current market price of silver. As of the time of writing, the price of silver is approximately $25 per troy ounce. Therefore, the value of the silver in a 1964 half dollar is approximately $9.04 (0.3617 troy ounces $25 per troy ounce).
It’s important to note that the value of a 1964 half dollar is not solely based on its silver content. The coin’s collectibility, condition, and rarity also play a significant role in determining its value. Uncirculated examples of the 1964 half dollar can be worth much more than their silver content alone, especially if they are in high-grade condition.
In conclusion, a 1964 half dollar contains approximately 0.3617 troy ounces of silver, which is worth around $9.04 based on the current market price of silver. However, the coin’s overall value is influenced by various factors, including its collectibility and condition. As a result, the 1964 half dollar remains a sought-after coin among collectors and investors alike.