The 1998-S Silver Kennedy Half Dollar, particularly the matte proof variant, stands as a remarkable piece in modern numismatics. Its unique finish, limited mintage, and historical significance have elevated its status among collectors, with some specimens commanding prices up to $1,500.
Historical Context
In 1998, the U.S. Mint released a special two-coin set to commemorate Robert F. Kennedy. This “Kennedy Collector’s Set” included a matte finish 1998-S Silver Kennedy Half Dollar and a Robert F. Kennedy commemorative silver dollar. Both coins were struck in 90% silver, offering collectors a unique addition to the Kennedy series.
Mintage and Specifications
The matte proof 1998-S Silver Kennedy Half Dollar boasts a notably low mintage, enhancing its desirability.
| Specification | Details |
|---|---|
| Composition | 90% Silver, 10% Copper |
| Weight | 12.50 grams |
| Diameter | 30.6 mm |
| Thickness | 2.15 mm |
| Edge | Reeded |
| Mint Mark Location | Obverse, below Kennedy’s bust |
| Mintage | Approximately 62,350 |
Design Features
The obverse showcases a left-facing portrait of President John F. Kennedy, designed by Gilroy Roberts, with inscriptions “LIBERTY,” “IN GOD WE TRUST,” and the year “1998.”
The reverse, crafted by Frank Gasparro, features the Presidential Seal: an eagle with a shield, clutching an olive branch and arrows, encircled by 50 stars. The matte proof finish provides a distinctive, frosted appearance, differentiating it from standard proof issues.
Market Value and Grading
The value of the 1998-S Silver Kennedy Half Dollar varies based on condition and market demand.
- Average Condition: Prices typically range from $100 to $140.
- High-Grade Specimens: Coins graded PR69 or PR70 can command prices upwards of $1,500, especially if accompanied by original packaging and certification.
Professional grading services, such as PCGS and NGC, assess these coins based on factors like luster, strike quality, and the presence of any imperfections.
Collectibility and Rarity
The 1998-S matte proof variant is particularly sought after due to its limited mintage and unique finish. Its status as one of the lowest mintage Kennedy Half Dollars enhances its appeal among collectors seeking rare modern issues.
Preservation Tips
To maintain the coin’s value:
- Handle with Care: Use gloves to prevent oils from contaminating the surface.
- Proper Storage: Store in a cool, dry place, preferably in a protective holder or capsule to shield from environmental factors.
- Avoid Cleaning: Cleaning can diminish the coin’s value; it’s best to preserve its original condition.
The 1998-S Silver Kennedy Half Dollar, especially the matte proof edition, represents a significant modern collectible. Its combination of historical context, limited mintage, and unique finish makes it a prized addition for numismatists and investors alike.
FAQs
What distinguishes the 1998-S matte proof Kennedy Half Dollar from other issues?
Its unique matte finish and limited mintage of approximately 62,350 sets it apart from standard proofs.
How can I verify the authenticity of my 1998-S matte proof coin?
Submitting the coin to reputable grading services like PCGS or NGC can provide authentication and grading.
Why is the 1998-S matte proof considered valuable?
Its low mintage, unique finish, and historical significance contribute to its high value among collectors.
Is it advisable to clean my 1998-S matte proof coin?
No, cleaning can reduce the coin’s value. It’s best to preserve its original condition.
Where can I sell my 1998-S matte proof Kennedy Half Dollar?
Consider reputable coin dealers, auction houses, or online platforms specializing in numismatics.
