When Is 1968 1/2 Dollar Worth Most? Sell Guide
The 1968 1⁄2 dollar coin is a unique piece of American numismatic history, sparking interest among collectors and enthusiasts alike. To understand when this coin is worth the most, it’s essential to delve into its background, condition, rarity, and demand.
History of the 1968 1⁄2 Dollar Coin
The Kennedy Half Dollar, first minted in 1964, was a tribute to President John F. Kennedy after his assassination. The coin’s design, featuring Kennedy’s portrait on the obverse and the Presidential Seal on the reverse, was designed by Gilroy Roberts and Frank Gasparro. The 1968 half dollar is part of this series, with several variations, including the infamous 1968-D and 1968-S proofs.
Key Factors Influencing Value
Several factors contribute to the value of a 1968 1⁄2 dollar coin:
- Condition: The coin’s state of preservation is crucial. Coins in near-mint condition, with minimal wear and tear, are highly prized. Look for coins with sharp details, minimal scratches, and original luster.
- Rarity: Certain mintage years, like 1968, had lower production numbers, making them more scarce. Proofs, especially those with unique errors or variations, are highly sought after.
- Demand: The demand for Kennedy Half Dollars, particularly the 1968 issue, can fluctuate based on collector interest, historical significance, and market trends.
- Grading: Third-party grading services, such as PCGS (Professional Coin Grading Service) or NGC (Numismatic Guaranty Corporation), can authenticate and grade coins, impacting their value.
When to Sell Your 1968 1⁄2 Dollar Coin
To maximize the value of your 1968 half dollar coin, consider the following scenarios:
- High-Grade Coins: If your coin is in exceptional condition, with minimal wear and a high grade (MS-65 or higher), it may be worth selling to a collector or dealer specializing in high-grade coins.
- Error Coins: Coins with notable errors, such as misprinted dates, misaligned dies, or other unique flaws, can command a premium price. Consider selling these coins to a specialized collector or error coin enthusiast.
- Proof Coins: Proof coins, especially those with low mintage numbers or unique variations, are highly sought after. If you have a 1968-S or 1968-D proof coin in excellent condition, it may be worth selling to a proof coin collector.
- Market Trends: Keep an eye on market trends, auctions, and sales data. If you notice a surge in demand or high prices for similar coins, it may be an opportune time to sell.
Step-by-Step Guide to Selling Your 1968 1⁄2 Dollar Coin
To ensure you get the best possible price for your coin, follow these steps:
- Get Your Coin Graded: Submit your coin to a reputable third-party grading service, such as PCGS or NGC, to authenticate and grade your coin.
- Research and Price: Research similar coins, using online marketplaces, auction houses, and collector forums to determine a fair price range for your coin.
- Choose a Sales Platform: Decide on a sales platform, such as online marketplaces (e.g., eBay, specialized coin forums), coin shows, or local dealers.
- Prepare Your Coin for Sale: Clean and handle your coin carefully, and consider having it professionally conserved or encapsulated to enhance its presentation.
- Create a Detailed Listing: Write a detailed, accurate description of your coin, including its grade, condition, and any notable features or flaws.
- Set a Competitive Price: Set a competitive price based on your research, taking into account the coin’s grade, condition, and demand.
- Monitor and Adjust: Monitor your listing’s performance, and be prepared to adjust your price or sales strategy as needed.
Frequently Asked Questions
What is the rarest variation of the 1968 1/2 dollar coin?
+The rarest variation of the 1968 1/2 dollar coin is the 1968-D proof coin, with a mintage of only 3,041,506.
How can I determine the grade of my 1968 1/2 dollar coin?
+To determine the grade of your 1968 1/2 dollar coin, submit it to a reputable third-party grading service, such as PCGS or NGC, or consult with a professional coin grader.
What is the best way to store and handle my 1968 1/2 dollar coin?
+To store and handle your 1968 1/2 dollar coin, use a cool, dry environment, and handle the coin by the edges to prevent oils from your skin from damaging the surface. Consider using a coin album or slab to protect the coin.
By understanding the factors that influence the value of your 1968 1⁄2 dollar coin and following the step-by-step guide to selling, you can maximize its worth and find a satisfied buyer. Remember to stay patient, persistent, and informed to ensure a successful transaction.